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

CommVault Systems (NASDAQ:CVLT) had its price target boosted by Mizuho from $140.00 to $175.00 in a report released on Wednesday morning,Benzinga reports. The brokerage currently has an outperform rating on the software maker’s stock.

Other equities research analysts also recently issued research reports about the company. Robert W. Baird decreased their price objective on CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, April 13th. Stephens increased their target price on CommVault Systems from $135.00 to $155.00 and gave the stock an “overweight” rating in a report on Tuesday, June 16th. KeyCorp lifted their price target on shares of CommVault Systems from $108.00 to $125.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Zacks Research lowered shares of CommVault Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Finally, Loop Capital started coverage on shares of CommVault Systems in a report on Tuesday, March 24th. They set a “buy” rating and a $125.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $143.67.

CommVault Systems Stock Performance

Shares of CommVault Systems stock opened at $147.81 on Wednesday. CommVault Systems has a one year low of $71.75 and a one year high of $200.68. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of 92.96 and a beta of 0.79. The business has a 50-day simple moving average of $126.83 and a 200 day simple moving average of $106.42. The company has a debt-to-equity ratio of 117.54, a current ratio of 1.95 and a quick ratio of 1.95.

CommVault Systems (NASDAQ:CVLT) last posted its quarterly earnings results on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.19. The business had revenue of $311.69 million for the quarter, compared to the consensus estimate of $306.71 million. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.03 EPS. On average, research analysts anticipate that CommVault Systems will post 2.88 earnings per share for the current fiscal year.

Insider Transactions at CommVault Systems

In other news, CAO Danielle Nicole Abrahamsen sold 254 shares of the stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $150.00, for a total value of $38,100.00. Following the completion of the sale, the chief accounting officer directly owned 13,156 shares of the company’s stock, valued at $1,973,400. This represents a 1.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjay Mirchandani sold 8,450 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $99.13, for a total value of $837,648.50. Following the completion of the transaction, the chief executive officer owned 306,927 shares in the company, valued at $30,425,673.51. This represents a 2.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 valued at $5,786,557 over the last ninety days. 0.86% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CommVault Systems

Several large investors have recently bought and sold shares of CVLT. Tudor Investment Corp ET AL bought a new stake in shares of CommVault Systems in the 3rd quarter worth $1,887,800,000. Vanguard Group Inc. lifted its position in shares of CommVault Systems by 4.4% during the fourth quarter. Vanguard Group Inc. now owns 5,675,590 shares of the software maker’s stock valued at $711,492,000 after purchasing an additional 240,093 shares in the last quarter. First Trust Advisors LP boosted its holdings in CommVault Systems by 25.5% during the fourth quarter. First Trust Advisors LP now owns 1,537,034 shares of the software maker’s stock worth $192,683,000 after purchasing an additional 312,178 shares during the last quarter. Pictet Asset Management Holding SA boosted its holdings in CommVault Systems by 36.2% during the first quarter. Pictet Asset Management Holding SA now owns 1,239,225 shares of the software maker’s stock worth $96,447,000 after purchasing an additional 329,243 shares during the last quarter. Finally, Westfield Capital Management Co. LP boosted its holdings in CommVault Systems by 34.5% during the fourth quarter. Westfield Capital Management Co. LP now owns 1,057,077 shares of the software maker’s stock worth $132,515,000 after purchasing an additional 270,902 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors.

CommVault Systems News Summary

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

• Positive Sentiment: Oppenheimer increased its price target on Commvault Systems to $175 from $150 and reiterated an outperform rating, signaling stronger confidence in upside potential. Benzinga source
• Positive Sentiment: KeyCorp also raised its target to $175 and maintained an overweight rating, adding to the bullish analyst sentiment around CVLT. Benzinga source
• Positive Sentiment: Mizuho reportedly set a new $175 price target, reinforcing the view that analysts expect further appreciation for Commvault Systems. American Banking News source
• Neutral Sentiment: Commvault also highlighted research showing identity management is a critical gap in agentic AI deployments, which supports its long-term product narrative but is not an immediate catalyst. PR Newswire source
• Negative Sentiment: Multiple law firms issued reminders about the July 17 lead-plaintiff deadline in a securities class action, keeping litigation risk in focus for investors. Globe Newswire source

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.