FY2026 EPS Estimates for CVLT Lowered by Cantor Fitzgerald

CommVault Systems, Inc. (NASDAQ:CVLT) – Analysts at Cantor Fitzgerald dropped their FY2026 earnings estimates for shares of CommVault Systems in a report issued on Wednesday, July 30th. Cantor Fitzgerald analyst T. Blakey now expects that the software maker will post earnings per share of $2.13 for the year, down from their previous forecast of $2.15. The consensus estimate for CommVault Systems’ current full-year earnings is $1.65 per share.

A number of other analysts have also recently issued reports on the company. Oppenheimer boosted their price objective on CommVault Systems from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, April 30th. KeyCorp lifted their price target on shares of CommVault Systems from $195.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday. Royal Bank Of Canada boosted their price target on shares of CommVault Systems from $185.00 to $217.00 and gave the company a “sector perform” rating in a report on Wednesday. Piper Sandler increased their price objective on shares of CommVault Systems from $168.00 to $170.00 and gave the company a “neutral” rating in a research note on Monday, July 14th. Finally, Wall Street Zen upgraded shares of CommVault Systems from a “hold” rating to a “buy” rating in a research report on Thursday, May 1st. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, CommVault Systems presently has an average rating of “Moderate Buy” and a consensus target price of $205.63.

CommVault Systems Stock Down 1.8%

CommVault Systems stock opened at $189.95 on Thursday. The business has a 50 day moving average price of $176.91 and a two-hundred day moving average price of $168.83. CommVault Systems has a 12 month low of $127.35 and a 12 month high of $200.68. The stock has a market cap of $8.46 billion, a price-to-earnings ratio of 105.53 and a beta of 0.73.

CommVault Systems (NASDAQ:CVLT) last released its earnings results on Tuesday, April 29th. The software maker reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.10. CommVault Systems had a return on equity of 30.83% and a net margin of 7.70%. The business had revenue of $275.04 million for the quarter, compared to the consensus estimate of $262.52 million. During the same period last year, the business earned $0.79 earnings per share. The firm’s revenue for the quarter was up 23.2% compared to the same quarter last year.

Insiders Place Their Bets

In other news, insider Gary Merrill sold 1,748 shares of the company’s stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $174.91, for a total value of $305,742.68. Following the sale, the insider owned 89,923 shares of the company’s stock, valued at approximately $15,728,431.93. This represents a 1.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sanjay Mirchandani sold 1,709 shares of the stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $175.00, for a total transaction of $299,075.00. Following the sale, the chief executive officer owned 469,648 shares of the company’s stock, valued at $82,188,400. This trade represents a 0.36% decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by company insiders.

Institutional Trading of CommVault Systems

Several hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC boosted its holdings in shares of CommVault Systems by 1.3% in the 4th quarter. Renaissance Technologies LLC now owns 1,909,185 shares of the software maker’s stock worth $288,115,000 after acquiring an additional 24,900 shares in the last quarter. Invesco Ltd. increased its holdings in CommVault Systems by 7.1% during the 1st quarter. Invesco Ltd. now owns 1,777,307 shares of the software maker’s stock valued at $280,388,000 after purchasing an additional 117,199 shares in the last quarter. Acadian Asset Management LLC raised its position in CommVault Systems by 2.9% in the 1st quarter. Acadian Asset Management LLC now owns 1,505,357 shares of the software maker’s stock valued at $237,454,000 after purchasing an additional 43,075 shares during the last quarter. Geode Capital Management LLC boosted its stake in CommVault Systems by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 1,288,068 shares of the software maker’s stock worth $194,681,000 after purchasing an additional 43,088 shares in the last quarter. Finally, Nuveen LLC acquired a new position in CommVault Systems in the first quarter worth $116,223,000. 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.