Is Now the Right Time to Buy the Commvault Dip?
The cybersecurity company looks attractive at current levels.
Overview
When most people think of cybersecurity stocks, they think of the big names like CrowdStrike (NASDAQ: CRWD) and Palo Alto Networks (NASDAQ: PANW). Smaller players like Commvault (NASDAQ: CVLT) don't receive as much attention, but based on its recent results, it warrants a closer look.
Image source: Getty Images.
In its fiscal 2026 fourth quarter, which ended March 31, Commvault reported $1.11 billion in annual recurring revenue (ARR), which was up by 21% year over year. Weighed against its $5 billion market cap, the company is valued at less than 5 times ARR.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.