PRNewsWire
02 Jun 2026, 10:42 UTC · 2h ago
CVLT Stock Drop: Commvault Investors Bring Securities Class Action after Stock Plummets 31% on ARR Growth Issues
PRNewsWire
02 Jun 2026, 10:42 UTC · 2h ago
Story key points
3 claims · impact-rated
Commvault missed its projected net new ARR growth, reporting $39 million against a target of $45 million. — Failure to meet key growth metrics (ARR) is a primary driver of valuation declines for software-as-a-service companies.
-0.80The growth miss was caused by a mix shift toward SaaS deals, which have average selling prices (ASPs) 2 to 3 times smaller than software customers. — This indicates a structural decline in per-customer revenue potential and may signal a lower ceiling for future growth.
-0.60Commvault is facing a securities class action lawsuit alleging fraud regarding its growth projections. — Legal proceedings create contingent liabilities and potential reputational damage, though the stock drop had already occurred.
-0.40Ticker attribution
Model heads
Continue reading
6 related stories
Search tags
The company is being investigated for potential securities fraud following a 24% stock plummet.
The company faces a securities class action lawsuit and a 31% stock drop due to missing ARR growth targets.
The company is being investigated for potential securities fraud.
Mentioned only as a past legal success for the law firm, with no current news affecting the company.
Mentioned only as a past legal success for the law firm, with no current news affecting the company.
No ticker relationship head found.
Early access
News Impact Screener scores every headline against the stocks it moves — before the chart reacts. Join the early-access list and get alerted the moment a story hits your tickers.
Impact vectors
5 dimensions · 9 clusters
Market reaction
0 bid · 10 offered
No stock impact ranking available yet.
PRNewsWire
2h ago
