What is DA Davidson’s Estimate for CVLT Q1 Earnings?

Commvault Systems, Inc. (NASDAQ:CVLT) – Equities research analysts at DA Davidson issued their Q1 2026 earnings estimates for shares of Commvault Systems in a report issued on Wednesday, April 30th. DA Davidson analyst R. Kessinger forecasts that the software maker will post earnings of $0.43 per share for the quarter. DA Davidson currently has a “Buy” rating and a $200.00 target price on the stock. The consensus estimate for Commvault Systems’ current full-year earnings is $1.65 per share. DA Davidson also issued estimates for Commvault Systems’ FY2026 earnings at $1.91 EPS.

CVLT has been the topic of a number of other reports. KeyCorp decreased their target price on Commvault Systems from $195.00 to $185.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company upped their price objective on shares of Commvault Systems from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday. Cantor Fitzgerald lifted their target price on shares of Commvault Systems from $159.00 to $173.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Royal Bank of Canada upped their price target on shares of Commvault Systems from $175.00 to $185.00 and gave the company a “sector perform” rating in a research report on Wednesday. Finally, Oppenheimer lifted their price objective on shares of Commvault Systems from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Commvault Systems has a consensus rating of “Moderate Buy” and a consensus price target of $175.25.

Commvault Systems Price Performance

Shares of NASDAQ:CVLT opened at $166.02 on Thursday. The stock has a market cap of $7.30 billion, a price-to-earnings ratio of 43.57 and a beta of 0.68. Commvault Systems has a 12 month low of $102.73 and a 12 month high of $190.11. The stock’s 50 day moving average price is $158.41 and its 200 day moving average price is $161.77.

Commvault Systems (NASDAQ:CVLT) last posted its earnings results on Tuesday, April 29th. The software maker reported $1.03 EPS for the quarter, topping the consensus estimate of $0.93 by $0.10. The firm had revenue of $275.04 million during the quarter, compared to analysts’ expectations of $262.52 million. Commvault Systems had a net margin of 18.14% and a return on equity of 28.69%. Commvault Systems’s quarterly revenue was up 23.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.79 EPS.

Insiders Place Their Bets

In other news, insider Gary Merrill sold 3,287 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $186.94, for a total transaction of $614,471.78. Following the completion of the sale, the insider now owns 87,316 shares of the company’s stock, valued at approximately $16,322,853.04. This trade represents a 3.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sanjay Mirchandani sold 12,318 shares of the firm’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $185.96, for a total value of $2,290,655.28. Following the sale, the chief executive officer now directly owns 427,231 shares of the company’s stock, valued at $79,447,876.76. This represents a 2.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Commvault Systems

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quarry LP increased its holdings in shares of Commvault Systems by 888.2% in the fourth quarter. Quarry LP now owns 168 shares of the software maker’s stock valued at $25,000 after purchasing an additional 151 shares in the last quarter. Whipplewood Advisors LLC increased its stake in shares of Commvault Systems by 584.0% in the 1st quarter. Whipplewood Advisors LLC now owns 171 shares of the software maker’s stock valued at $27,000 after buying an additional 146 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in shares of Commvault Systems by 208.3% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 185 shares of the software maker’s stock worth $29,000 after acquiring an additional 125 shares during the last quarter. NBC Securities Inc. acquired a new position in shares of Commvault Systems during the first quarter valued at $43,000. Finally, Versant Capital Management Inc boosted its holdings in Commvault Systems by 183.7% in the first quarter. Versant Capital Management Inc now owns 295 shares of the software maker’s stock valued at $47,000 after acquiring an additional 191 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Commvault Systems Company Profile

Commvault Systems, Inc provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls.