Guggenheim Cuts CommVault Systems (NASDAQ:CVLT) Price Target to $175.00

CommVault Systems (NASDAQ:CVLT) had its price objective decreased by Guggenheim from $200.00 to $175.00 in a report issued on Wednesday morning,Benzinga reports. Guggenheim currently has a buy rating on the software maker’s stock.

Other equities research analysts have also issued reports about the stock. Truist Financial restated a “buy” rating and issued a $155.00 price objective (down from $175.00) on shares of CommVault Systems in a report on Wednesday. Mizuho lowered their price target on shares of CommVault Systems from $190.00 to $180.00 and set an “outperform” rating for the company in a research note on Wednesday, January 21st. Robert W. Baird started coverage on CommVault Systems in a research note on Monday, October 27th. They issued an “outperform” rating and a $215.00 target price for the company. Zacks Research upgraded CommVault Systems from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. Finally, Cantor Fitzgerald reiterated a “neutral” rating on shares of CommVault Systems in a research report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, CommVault Systems has a consensus rating of “Moderate Buy” and a consensus price target of $143.58.

CommVault Systems Price Performance

CVLT opened at $85.70 on Wednesday. The company has a current ratio of 2.34, a quick ratio of 2.53 and a debt-to-equity ratio of 4.06. The stock has a market capitalization of $3.77 billion, a P/E ratio of 44.18 and a beta of 0.57. The stock has a 50-day moving average price of $121.18 and a 200-day moving average price of $152.96. CommVault Systems has a 12-month low of $84.44 and a 12-month high of $200.68.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings data on Tuesday, January 27th. The software maker reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.19. The company had revenue of $313.83 million for the quarter, compared to analysts’ expectations of $299.07 million. CommVault Systems had a return on equity of 37.38% and a net margin of 7.58%.CommVault Systems’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period last year, the firm posted $0.94 EPS. Equities analysts predict that CommVault Systems will post 1.65 earnings per share for the current fiscal year.

Insider Transactions at CommVault Systems

In related news, CFO Jennifer Leigh Dirico sold 830 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $123.58, for a total value of $102,571.40. Following the completion of the sale, the chief financial officer owned 44,313 shares of the company’s stock, valued at $5,476,200.54. This trade represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Gary Merrill sold 1,845 shares of CommVault Systems stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $122.40, for a total transaction of $225,828.00. Following the completion of the sale, the insider owned 67,318 shares in the company, valued at approximately $8,239,723.20. This trade represents a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 33,111 shares of company stock worth $4,058,851. 1.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CommVault Systems

Several institutional investors and hedge funds have recently modified their holdings of the stock. Emerald Advisers LLC increased its position in shares of CommVault Systems by 47.4% during the third quarter. Emerald Advisers LLC now owns 156,894 shares of the software maker’s stock valued at $29,618,000 after buying an additional 50,470 shares during the period. Versor Investments LP boosted its position in CommVault Systems by 158.6% during the 2nd quarter. Versor Investments LP now owns 4,396 shares of the software maker’s stock valued at $766,000 after acquiring an additional 2,696 shares in the last quarter. Strs Ohio grew its holdings in shares of CommVault Systems by 161.8% during the 3rd quarter. Strs Ohio now owns 28,800 shares of the software maker’s stock worth $5,437,000 after acquiring an additional 17,800 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of CommVault Systems by 15.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 637,404 shares of the software maker’s stock worth $118,481,000 after acquiring an additional 83,906 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust raised its position in shares of CommVault Systems by 119.0% in the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 92,893 shares of the software maker’s stock worth $17,536,000 after acquiring an additional 50,482 shares in the last quarter. 93.50% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about CommVault Systems

Here are the key news stories impacting CommVault Systems this week:

• Positive Sentiment: Truist reiterated a “Buy” rating on CVLT, signaling confidence from a major research desk that could support demand from growth-oriented investors. Read More.
• Positive Sentiment: Wall Street Zen upgraded CVLT to a “Buy,” another endorsement that may attract bargain-hunters after the recent pullback. Read More.
• Neutral Sentiment: Coverage of CommVault’s expanded partnership with Google Cloud highlights product/market expansion, but the story notes weak share momentum and rich valuation — a mixed read that supports long-term strategic upside but doesn’t help near-term sentiment. Read More.
• Negative Sentiment: Investors reacted badly to the company’s fiscal Q3 update: despite beating EPS ($1.17 vs. $0.98) and revenue ($313.8M vs. $299.1M), guidance/comments were seen as conservative, triggering a sell-off to a 52-week low. That earnings/outlook disconnect is the primary near-term negative driver. Read More.
• Negative Sentiment: Oppenheimer cut its price target to $150, signaling reduced upside from prior forecasts and adding downward pressure on sentiment. Read More.
• Negative Sentiment: Royal Bank of Canada lowered its price target to $100, a notably bearish revision that can weigh on investor confidence. Read More.
• Negative Sentiment: Guggenheim trimmed its target to $175, and other firms including KeyCorp and Cantor Fitzgerald published more cautious forecasts — a cluster of downgrades that amplifies selling pressure. Read More. Read More. Read More.

About CommVault Systems

Commvault Systems, Inc is a global provider of data protection and information management software designed to help organizations manage, protect, and activate data across on-premises and cloud environments. Founded in 1996 and headquartered in Tinton Falls, New Jersey, Commvault offers a suite of integrated products and services that enable enterprises to back up, recover, archive, and analyze data. Its flagship solutions include Commvault Complete Data Protection, Commvault HyperScale, and the SaaS-based Metallic portfolio, which deliver scalable and automated data management capabilities across hybrid infrastructure environments.

Commvault’s platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.