Commvault Price Target Raised to $155, Implies 21.7% Upside Despite ARR Miss
CVLT•Todd Weller raised Commvault’s price target to $155 from $135, implying a 21.7% upside based on the $127.34 stock price on June 16. Shares had slumped 31% after missing net new ARR by $6 million, and investors have filed class action lawsuits over guidance failures.
1. Price Target Increase
On June 16, Stephens analyst Todd Weller boosted the price target to $155 from $135, citing improved investor confidence and projecting a 21.72% upside from the $127.34 closing price.
2. ARR Miss and Share Decline
Commvault’s fiscal Q3 net new ARR reached $39 million, falling short of the $45 million target and triggering a 31% one-day share price drop of $40.23 on January 27.
3. Securities Class Actions
Investors have filed class action lawsuits alleging guidance failures for holders between April 29, 2025 and January 26, 2026, with a lead plaintiff deadline set for July 17, 2026.
