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Commvault Systems (CVLT) Remains a Strong Buy

Commvault Systems, Inc. (NASDAQ:CVLT) is one of the 15 software stocks with the highest upside potential. On January 12, KeyBanc cut its price target on Commvault Systems, Inc. (NASDAQ:CVLT) from $185 to $152. However, KeyBanc analyst Eric Heath maintained a Buy rating for the shares. The adjusted price target offers a further 22.5% upside from the current levels.

The firm explained that the price target revision reflects a modest decline in valuation multiples across competitors, rising competitive concerns, and increased caution regarding security-related spending budgets.

In contrast to KeyBanc, RBC Capital maintained its price target of $167 for the shares on January 5. Analyst Dan Bergstrom also reaffirmed a Buy rating on the shares. The firm’s price target implies a further 31.31% upside from the current levels.

On December 29, Stephens started covering the stock with a Buy rating. The analyst Todd Weller, CFA, assigned a price target of $162 to the shares, representing a further 30.6% upside from current levels. As per the analyst, the company is a well-established market leader that is successfully adapting to meet modern data protection needs. Moreover, the firm noted that the company is undergoing a dual transformation, transitioning its business model toward a Software-as-a-Service offering and modernizing its platform.

Commvault Systems, Inc. (NASDAQ:CVLT) is a cyber-resilience platform provider that protects and recovers data and cloud-native applications across the Americas and internationally. It was founded in 1996 and is based in Tinton Falls, New Jersey.

While we acknowledge the risk and potential of CVLT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CVLT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT:  Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy and 30 Most Fantastic Stocks Every Investor Should Pay Attention To.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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