CommVault Systems, Inc. (NASDAQ:CVLT – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the twenty analysts that are presently covering the firm, MarketBeat Ratings reports. Ten analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $152.4667.
A number of equities analysts recently weighed in on the stock. Weiss Ratings upgraded shares of CommVault Systems from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 16th. Mizuho raised their target price on shares of CommVault Systems from $140.00 to $175.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. DA Davidson set a $175.00 target price on CommVault Systems in a report on Wednesday. Royal Bank Of Canada upped their price target on CommVault Systems from $100.00 to $110.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 29th. Finally, Piper Sandler cut CommVault Systems from an “overweight” rating to a “neutral” rating and set a $133.00 price target for the company. in a report on Tuesday.
Check Out Our Latest Stock Report on CommVault Systems
Key CommVault Systems News
- Positive Sentiment: Fiscal Q1 results beat expectations. Commvault reported non-GAAP EPS of $1.42, above the $1.16-$1.18 consensus range, while revenue of $314.13 million exceeded estimates of roughly $310 million. EPS increased from $1.01 a year ago and revenue rose 11.4%. Commvault Systems Beats Q1 Earnings and Revenue Estimates
- Positive Sentiment: SaaS and recurring-revenue growth remained strong. Subscription revenue rose 16% year over year to a record $267 million, subscription ARR increased 22% to $1.054 billion, and free cash flow grew 71% to $51 million. These trends support the company’s transition toward more predictable, higher-quality recurring revenue. Commvault Announces First Quarter Fiscal 2027 Financial Results
- Neutral Sentiment: Full-year revenue guidance was broadly in line. Commvault forecast fiscal 2027 revenue of approximately $1.3 billion, matching consensus. However, the company did not provide a clear EPS outlook in the reported guidance update. CVLT Q1 Earnings Beat Estimates
- Negative Sentiment: Near-term guidance offered little upside. Second-quarter revenue guidance of $310 million was slightly below the approximately $310.6 million consensus estimate, reinforcing concerns that growth may not accelerate immediately.
- Negative Sentiment: Piper Sandler downgraded CVLT to Neutral from Overweight. The firm cited a lack of catalysts, even though its $133 price target remained above the recent trading level. The downgrade likely amplified the market’s negative reaction to an otherwise solid earnings report. Commvault Collapses After Q1 Results
CommVault Systems Trading Up 0.2%
Shares of CVLT stock opened at $120.31 on Friday. CommVault Systems has a fifty-two week low of $71.75 and a fifty-two week high of $200.68. The company has a debt-to-equity ratio of 16.94, a quick ratio of 1.95 and a current ratio of 2.04. The stock’s fifty day moving average is $132.47 and its two-hundred day moving average is $106.98. The firm has a market capitalization of $4.98 billion, a P/E ratio of 76.63 and a beta of 0.79.
CommVault Systems (NASDAQ:CVLT – Get Free Report) last released its earnings results on Tuesday, July 28th. The software maker reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.26. The business had revenue of $314.13 million during the quarter, compared to analyst estimates of $310.43 million. CommVault Systems had a net margin of 5.62% and a return on equity of 88.75%. The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.01 earnings per share. Research analysts expect that CommVault Systems will post 2.88 earnings per share for the current fiscal year.
Insider Buying and Selling at CommVault Systems
In other news, CEO Sanjay Mirchandani sold 8,450 shares of CommVault Systems stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $99.13, for a total transaction of $837,648.50. Following the transaction, the chief executive officer owned 306,927 shares in the company, valued at $30,425,673.51. The trade was a 2.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Gary Merrill sold 4,554 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $106.70, for a total transaction of $485,911.80. Following the transaction, the chief financial officer directly owned 72,775 shares in the company, valued at approximately $7,765,092.50. The trade was a 5.89% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 55,279 shares of company stock worth $5,786,557 in the last three months. 0.86% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On CommVault Systems
Several hedge funds and other institutional investors have recently bought and sold shares of the company. State of Wyoming acquired a new position in CommVault Systems in the 2nd quarter valued at about $35,000. FNY Investment Advisers LLC acquired a new stake in shares of CommVault Systems during the 4th quarter worth approximately $36,000. Essential Partners LLC raised its position in shares of CommVault Systems by 9,920.0% during the 1st quarter. Essential Partners LLC now owns 501 shares of the software maker’s stock valued at $39,000 after buying an additional 496 shares during the period. Banque Cantonale Vaudoise purchased a new stake in shares of CommVault Systems during the 3rd quarter valued at approximately $39,000. Finally, Assetmark Inc. lifted its holdings in CommVault Systems by 33.6% in the fourth quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock valued at $41,000 after acquiring an additional 82 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.
CommVault Systems Company Profile
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.
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