Best Cloud Storage Stocks To Add to Your Watchlist - February 08th

• Commvault Systems: Share Price Primed to Vault Higher in 2025

Commvault Systems, NetApp, and Tuya are the three Cloud Storage stocks to watch today, according to MarketBeat's stock screener tool. Cloud storage stocks refer to publicly traded companies that provide services related to online storage solutions. These companies typically offer secure, scalable, and reliable cloud storage services for businesses and individuals to store and access their files and data on remote servers over the internet. Investors may choose to buy cloud storage stocks to potentially benefit from the growing demand for cloud-based storage solutions in the digital age. These companies had the highest dollar trading volume of any Cloud Storage stocks within the last several days.

Commvault Systems (CVLT)

Commvault Systems, Inc. provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls.

• Commvault Stock: AI Cybersecurity Giant Ready to Double Again

NASDAQ CVLT traded up $3.28 during trading hours on Friday, reaching $175.82. 667,622 shares of the company traded hands, compared to its average volume of 518,239. The company has a 50 day moving average of $162.11 and a two-hundred day moving average of $155.81. The stock has a market capitalization of $7.74 billion, a PE ratio of 46.15 and a beta of 0.65. Commvault Systems has a 12 month low of $90.32 and a 12 month high of $180.51.

Read Our Latest Research Report on CVLT

NetApp (NTAP)

• Commvault Continues its Rally, Outpacing Tech Stocks, Midcaps

NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID.

Shares of NTAP stock traded down $1.13 during trading hours on Friday, hitting $122.91. 940,294 shares of the company were exchanged, compared to its average volume of 1,286,703. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.84 and a current ratio of 0.91. The stock has a market capitalization of $24.99 billion, a price-to-earnings ratio of 22.59, a P/E/G ratio of 2.94 and a beta of 1.23. NetApp has a one year low of $83.80 and a one year high of $135.45. The business's 50-day simple moving average is $120.99 and its two-hundred day simple moving average is $122.12.

Read Our Latest Research Report on NTAP

Tuya (TUYA)

Tuya Inc. offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.

NYSE:TUYA traded up $0.12 during trading hours on Friday, reaching $3.52. 9,971,048 shares of the stock were exchanged, compared to its average volume of 2,280,086. The stock has a market capitalization of $1.88 billion, a P/E ratio of -117.17 and a beta of 0.48. Tuya has a 52 week low of $1.28 and a 52 week high of $3.66. The firm has a 50 day simple moving average of $2.00 and a 200-day simple moving average of $1.71.

Read Our Latest Research Report on TUYA

See Also

• MarketBeat's Top Five Stocks to Own in February 2025
• Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
• Why New Tariffs Could Boost These 3 Basic Materials Stocks
• MarketBeat Week in Review – 02/03 - 02/07
• Meta Platforms Continues to Prove Why It's a Premier Play on AI
• IBM’s AI Bet Pays Off—What’s Next for Investors?

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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Should You Invest $1,000 in Commvault Systems Right Now?

Before you consider Commvault Systems, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Commvault Systems wasn't on the list.

While Commvault Systems currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

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