CommVault Systems (NASDAQ:CVLT) Price Target Raised to $171.00

CommVault Systems (NASDAQ:CVLT) had its price objective boosted by Cantor Fitzgerald from $132.00 to $171.00 in a research note issued to investors on Monday morning,Benzinga reports. Cantor Fitzgerald currently has a neutral rating on the software maker’s stock.

CVLT has been the topic of several other reports. UBS Group reaffirmed a “neutral” rating on shares of CommVault Systems in a report on Monday, July 27th. DA Davidson set a $175.00 target price on shares of CommVault Systems in a research report on Wednesday, July 29th. Oppenheimer lifted their target price on shares of CommVault Systems from $150.00 to $175.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Scotiabank lifted their target price on shares of CommVault Systems from $130.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Monday, October 5th. Finally, Wall Street Zen raised shares of CommVault Systems from a “hold” rating to a “buy” rating in a research report on Sunday, October 18th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, CommVault Systems has an average rating of “Moderate Buy” and an average target price of $174.00.

CommVault Systems Stock Performance

Shares of CVLT opened at $166.46 on Monday. The firm has a market cap of $6.90 billion, a PE ratio of 106.03 and a beta of 0.79. The stock’s fifty day moving average price is $146.72 and its two-hundred day moving average price is $118.75. The company has a debt-to-equity ratio of 16.94, a current ratio of 2.04 and a quick ratio of 2.04. CommVault Systems has a 1 year low of $71.75 and a 1 year high of $174.25.

CommVault Systems (NASDAQ:CVLT) last issued its quarterly earnings results on Tuesday, October 27th. The software maker reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.13. The firm had revenue of $312.39 million for the quarter, compared to analysts’ expectations of $310.41 million. CommVault Systems had a return on equity of 88.75% and a net margin of 5.62%. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.91 EPS. On average, equities research analysts forecast that CommVault Systems will post 2.87 EPS for the current year.

Insider Transactions at CommVault Systems

In other news, CFO Gary Merrill sold 1,293 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $142.80, for a total transaction of $184,640.40. Following the completion of the transaction, the chief financial officer owned 69,628 shares of the company’s stock, valued at approximately $9,942,878.40. The trade was a 1.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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, Director A. Shane Sanders sold 476 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $134.19, for a total transaction of $63,874.44. Following the completion of the transaction, the director owned 8,696 shares in the company, valued at approximately $1,166,916.24. This trade represents a 5.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 29,348 shares of company stock worth $4,202,441. 0.86% of the stock is owned by insiders.

Institutional Investors Weigh In On CommVault Systems

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC grew its position in CommVault Systems by 4.3% in the third quarter. GAMMA Investing LLC now owns 1,626 shares of the software maker’s stock worth $244,000 after acquiring an additional 67 shares in the last quarter. Versant Capital Management Inc increased its stake in CommVault Systems by 15.8% in the second quarter. Versant Capital Management Inc now owns 595 shares of the software maker’s stock valued at $84,000 after acquiring an additional 81 shares during the last quarter. Summit Global Investments increased its stake in CommVault Systems by 3.9% in the third quarter. Summit Global Investments now owns 3,522 shares of the software maker’s stock valued at $528,000 after acquiring an additional 131 shares during the last quarter. Transamerica Financial Advisors LLC purchased a new stake in CommVault Systems during the second quarter valued at about $25,000. Finally, HighTower Advisors LLC raised its position in CommVault Systems by 6.8% during the second quarter. HighTower Advisors LLC now owns 2,828 shares of the software maker’s stock valued at $401,000 after purchasing an additional 181 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: Commvault’s fiscal second-quarter results exceeded expectations: adjusted earnings were $1.38 per share versus the $1.25 consensus, while revenue reached $312.4 million, ahead of the $310.4 million estimate. Revenue increased 13.1% year over year, helping reinforce the company’s growth outlook. Commvault Systems Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Subscription revenue rose 21% to $269 million, annualized recurring revenue increased 20% to $1.104 billion, and the company generated $75 million in operating cash flow and $71 million in free cash flow. These recurring-revenue and cash-flow trends are favorable for long-term investors. Commvault Announces Second Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Analyst sentiment improved following the report. Truist reaffirmed a Buy rating and raised its target to $200 from $182; KeyCorp lifted its target to $200 from $175 and maintained Overweight; Wells Fargo raised its target to $185 from $155 and also remained Overweight. Truist Financial Analyst Action
• Positive Sentiment: Commvault introduced identity-resilience capabilities covering Active Directory, Entra ID, and Okta. The tools are designed to identify privileged-access risks and guide remediation, potentially strengthening the company’s cybersecurity product offering. Commvault Advances Identity Resilience
• Neutral Sentiment: Royal Bank of Canada raised its price target to $180 from $160 but retained a Sector Perform rating, signaling improved valuation expectations without a strongly bullish view.
• Negative Sentiment: With CVLT trading near its 52-week high and carrying a valuation above 100 times earnings, investors may be locking in gains after the earnings release. That valuation leaves the stock sensitive to expectations even though operating momentum remains strong.

CommVault Systems Company Profile

Commvault Systems, Inc develops data protection and cyber resilience software and services for businesses, government organizations and other institutions. Its platform is designed to help customers back up, recover, manage and secure data across on-premises infrastructure, private and public clouds, software-as-a-service applications and other distributed IT environments.

The company’s offerings include backup and recovery, disaster recovery, data security, ransomware protection, cyber-recovery capabilities and data management tools.