CommVault Systems (NASDAQ:CVLT – Get Free Report) is anticipated to announce its Q2 2027 results before the market opens on Tuesday, October 27th. Analysts expect the company to post earnings of $1.24 per share and revenue of $310.28 million for the quarter. Interested persons can check the company’s upcoming Q2 2027 earnings report for the latest details on the call scheduled for Tuesday, October 27, 2026 at 8:30 AM ET.
CommVault Systems (NASDAQ:CVLT – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The software maker reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.26. The company had revenue of $314.13 million for 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%. CommVault Systems’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.01 earnings per share. On average, analysts expect CommVault Systems to post $2.87 EPS for the current fiscal year and $3.47 EPS for the next fiscal year.
CommVault Systems Price Performance
Shares of NASDAQ:CVLT opened at $169.37 on Friday. CommVault Systems has a 52 week low of $71.75 and a 52 week high of $175.02. The business has a fifty day simple moving average of $145.06 and a 200-day simple moving average of $129.02. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 16.94. The company has a market cap of $7.02 billion, a P/E ratio of 107.88 and a beta of 0.79.
Insider Activity at CommVault Systems
In other CommVault Systems news, CAO Danielle Abrahamsen sold 486 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 value of $69,400.80. Following the completion of the sale, the chief accounting officer owned 12,160 shares of the company’s stock, valued at $1,736,448. The trade was a 3.84% decrease in their ownership of the stock. The sale was disclosed in a 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, CEO Sanjay Mirchandani sold 6,857 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $142.80, for a total value of $979,179.60. Following the sale, the chief executive officer owned 257,676 shares of the company’s stock, valued at approximately $36,796,132.80. This trade represents a 2.59% 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. In the last ninety days, insiders sold 29,348 shares of company stock valued at $4,202,441. Corporate insiders own 0.86% of the company’s stock.
Analyst Upgrades and Downgrades
CVLT has been the topic of a number of recent analyst reports. DA Davidson set a $175.00 target price on CommVault Systems in a research report on Wednesday, July 29th. Guggenheim reiterated a “buy” rating on shares of CommVault Systems in a research note on Tuesday, July 28th. Cantor Fitzgerald reiterated a “neutral” rating and set a $132.00 price objective on shares of CommVault Systems in a research note on Monday, July 27th. KeyCorp raised their price objective on shares of CommVault Systems from $125.00 to $175.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Finally, Scotiabank raised their price objective on shares of CommVault Systems from $130.00 to $160.00 and gave the stock a “sector perform” rating in a report on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $158.25.
Read Our Latest Report on CommVault Systems
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.
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