CommVault Systems (NASDAQ:CVLT) Stock Gets Price Target Boost from Wells Fargo & Company

CommVault Systems (NASDAQ:CVLT) had its price objective increased by stock analysts at Wells Fargo & Company from $155.00 to $185.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage currently has an “overweight” rating on the software maker’s stock. Wells Fargo & Company‘s price objective indicates a potential upside of 9.29% from the stock’s previous close.

CVLT has been the topic of a number of other research reports. Royal Bank Of Canada upped their price target on shares of CommVault Systems from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Monday, October 12th. DA Davidson set a $175.00 price objective on shares of CommVault Systems in a research note on Wednesday, July 29th. Jefferies Financial Group boosted their target price on shares of CommVault Systems from $130.00 to $170.00 and gave the stock a “hold” rating in a report on Monday. Guggenheim upped their target price on shares of CommVault Systems from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Cantor Fitzgerald increased their price target on shares of CommVault Systems from $132.00 to $171.00 and gave the company a “neutral” rating in a report on Monday. One investment 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 company. Based on data from MarketBeat.com, CommVault Systems has a consensus rating of “Moderate Buy” and a consensus price target of $169.44.

CommVault Systems Stock Performance

NASDAQ:CVLT traded down $3.27 during trading hours on Wednesday, reaching $169.28. The stock had a trading volume of 58,469 shares, compared to its average volume of 857,193. The stock has a market capitalization of $7.02 billion, a PE ratio of 107.69 and a beta of 0.79. CommVault Systems has a 52 week low of $71.75 and a 52 week high of $174.25. The company has a 50 day moving average price of $146.25 and a two-hundred day moving average price of $118.53.

CommVault Systems (NASDAQ:CVLT) last posted its 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 the consensus estimate of $310.41 million. During the same quarter in the prior year, the company posted $0.91 earnings per share. The firm’s revenue was up 13.1% compared to the same quarter last year. Equities research analysts predict that CommVault Systems will post 2.87 EPS for the current year.

Insiders Place Their Bets

In other news, Director Vivie Lee sold 595 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 $79,843.05. Following the transaction, the director owned 15,140 shares of the company’s stock, valued at approximately $2,031,636.60. This represents a 3.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjay Mirchandani sold 6,857 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $142.80, for a total value of $979,179.60. Following the completion of the sale, the chief executive officer owned 257,676 shares in the company, valued at approximately $36,796,132.80. The trade was a 2.59% decrease in their position. 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 quarter, insiders have sold 29,348 shares of company stock valued at $4,202,441. 0.86% of the stock is currently owned by company insiders.

Institutional Trading of CommVault Systems

Hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its position in CommVault Systems by 4.3% during the third quarter. GAMMA Investing LLC now owns 1,626 shares of the software maker’s stock valued at $244,000 after purchasing an additional 67 shares in the last quarter. Versant Capital Management Inc grew 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 purchasing an additional 81 shares during the last quarter. Transamerica Financial Advisors LLC bought a new position in CommVault Systems in the second quarter worth about $25,000. HighTower Advisors LLC raised its holdings in CommVault Systems by 6.8% in the second quarter. HighTower Advisors LLC now owns 2,828 shares of the software maker’s stock worth $401,000 after purchasing an additional 181 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of CommVault Systems during the second quarter valued at about $27,000. Hedge funds and other 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: KeyCorp raised its price target to $200 from $175 and maintained an “overweight” rating, implying approximately 15.9% upside from the referenced $172.55 price. The target increase reinforces the view that Commvault’s growth and recurring-revenue profile can support further gains.
• Positive Sentiment: Fiscal Q2 earnings exceeded expectations: adjusted EPS was $1.38 versus the $1.25 consensus, while revenue reached $312.39 million versus estimates of $310.41 million. Revenue increased 13.1% year over year, and EPS rose from $0.91 in the prior-year quarter. Commvault Announces Second Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Recurring revenue trends were particularly strong: subscription revenue grew 21% to $269 million, subscription ARR reached $1.104 billion—up 20%—and free cash flow was $71 million. These metrics support confidence in Commvault’s predictable, expanding revenue base.
• Positive Sentiment: Commvault introduced identity-resilience features covering Active Directory, Entra ID, and Okta. The tools identify Tier 0 exposure and guide remediation, potentially strengthening demand for its data-protection and cyber-recovery offerings. Commvault Advances Identity Resilience
• Neutral Sentiment: The strong results have produced only a modest market reaction, which may indicate that much of the optimism is already reflected in the share price. CVLT also trades at a high price-to-earnings ratio of approximately 110, leaving the stock sensitive to any slowdown in growth or disappointing guidance.

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.