
CommVault Systems (NASDAQ:CVLT) Hits New 12-Month Low - Time to Sell?

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CommVault Systems (NASDAQ:CVLT) shares hit a new 52-week low at $85.38, down from a previous close of $129.36. Despite reporting record quarterly revenue of $314M (+19% YoY) and an ARR of $1,085M (+22% YoY), the stock's performance has been impacted by mixed EPS reports and high valuation concerns. Analysts have downgraded price targets, with a consensus rating of "Moderate Buy" and a target price of $178.33. CEO Sanjay Mirchandani sold shares recently, raising questions about future profitability amid uncertainty in guidance.
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