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

CommVault Systems (NASDAQ:CVLT) had its target price upped by Oppenheimer from $150.00 to $175.00 in a research note released on Friday morning,Benzinga reports. Oppenheimer currently has an outperform rating on the software maker’s stock.

A number of other analysts have also recently commented on the stock. Jefferies Financial Group started coverage on shares of CommVault Systems in a research report on Monday, April 27th. They set a “hold” rating and a $105.00 price target on the stock. Weiss Ratings raised CommVault Systems from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 16th. Robert W. Baird dropped their price objective on CommVault Systems from $185.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. KeyCorp upped their target price on CommVault Systems from $125.00 to $175.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Wolfe Research assumed coverage on CommVault Systems in a research note on Friday, May 1st. They set a “peer perform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $143.67.

CommVault Systems Price Performance

CommVault Systems stock opened at $147.81 on Friday. 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 has a one year low of $71.75 and a one year high of $200.68. The stock’s 50 day moving average is $126.83 and its 200 day moving average is $106.27. The firm has a market cap of $6.12 billion, a P/E ratio of 92.96 and a beta of 0.79.

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

Insider Buying and Selling at CommVault Systems

In other CommVault Systems news, CEO Sanjay Mirchandani sold 8,450 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were 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 approximately $30,425,673.51. This represents a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through 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 firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $106.70, for a total transaction of $485,911.80. Following the completion of the transaction, the chief financial officer directly owned 72,775 shares in the company, valued at $7,765,092.50. This trade represents a 5.89% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 55,279 shares of company stock worth $5,786,557. 0.86% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On CommVault Systems

Large investors have recently added to or reduced their stakes in the business. Versant Capital Management Inc lifted its position in shares of CommVault Systems by 15.8% during the 2nd quarter. Versant Capital Management Inc now owns 595 shares of the software maker’s stock worth $84,000 after buying an additional 81 shares in the last quarter. Assetmark Inc. grew its holdings in shares of 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 in the last quarter. Captrust Financial Advisors grew its holdings in shares of CommVault Systems by 7.2% in the fourth quarter. Captrust Financial Advisors now owns 2,153 shares of the software maker’s stock valued at $270,000 after acquiring an additional 145 shares in the last quarter. MML Investors Services LLC increased its position in shares of CommVault Systems by 6.7% during the fourth quarter. MML Investors Services LLC now owns 2,361 shares of the software maker’s stock valued at $296,000 after acquiring an additional 149 shares during the last quarter. Finally, Madison Asset Management LLC increased its position in shares of CommVault Systems by 0.6% during the fourth quarter. Madison Asset Management LLC now owns 23,947 shares of the software maker’s stock valued at $3,002,000 after acquiring an additional 153 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Key Headlines Impacting CommVault Systems

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

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.