Cantor Fitzgerald Has Lowered Expectations for CommVault Systems (NASDAQ:CVLT) Stock Price

CommVault Systems (NASDAQ:CVLT) had its price objective dropped by equities researchers at Cantor Fitzgerald from $189.00 to $144.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the software maker’s stock. Cantor Fitzgerald’s price target would indicate a potential upside of 4.64% from the company’s previous close. Cantor Fitzgerald also issued estimates for CommVault Systems’ FY2026 earnings at $1.79 EPS.

CVLT has been the subject of several other reports. Truist Financial started coverage on shares of CommVault Systems in a research note on Wednesday, October 8th. They issued a “buy” rating and a $230.00 price target for the company. Baird R W raised CommVault Systems to a “strong-buy” rating in a research note on Monday. KeyCorp lowered their target price on CommVault Systems from $225.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday. Wells Fargo & Company boosted their price objective on CommVault Systems from $190.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, July 30th. Finally, Robert W. Baird began coverage on CommVault Systems in a research report on Monday. They issued an “outperform” rating and a $215.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $195.10.

CommVault Systems Stock Performance

NASDAQ:CVLT opened at $137.62 on Wednesday. The company has a market capitalization of $6.12 billion, a price-to-earnings ratio of 77.32 and a beta of 0.72. The company has a debt-to-equity ratio of 4.18, a current ratio of 2.53 and a quick ratio of 1.24. CommVault Systems has a 1-year low of $128.07 and a 1-year high of $200.68. The business has a 50 day moving average of $178.53 and a 200 day moving average of $176.13.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings data on Tuesday, October 28th. The software maker reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.04). The business had revenue of $276.19 million during the quarter, compared to the consensus estimate of $273.31 million. CommVault Systems had a return on equity of 31.53% and a net margin of 7.32%.The company’s revenue was up 18.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.83 earnings per share. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. On average, sell-side analysts predict that CommVault Systems will post 1.65 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other CommVault Systems news, CFO Jennifer Leigh Dirico sold 14,909 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $182.22, for a total value of $2,716,717.98. Following the completion of the transaction, the chief financial officer directly owned 45,143 shares in the company, valued at approximately $8,225,957.46. This represents a 24.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Allison Pickens sold 690 shares of the stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $177.89, for a total transaction of $122,744.10. Following the completion of the transaction, the director directly owned 5,166 shares of the company’s stock, valued at approximately $918,979.74. The trade was a 11.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 55,942 shares of company stock worth $10,019,157 in the last ninety days. Insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On CommVault Systems

Institutional investors have recently bought and sold shares of the stock. Nuveen LLC bought a new position in shares of CommVault Systems in the 1st quarter worth approximately $116,223,000. AQR Capital Management LLC raised its position in shares of CommVault Systems by 60.8% in the 2nd quarter. AQR Capital Management LLC now owns 893,385 shares of the software maker’s stock worth $155,744,000 after acquiring an additional 337,830 shares in the last quarter. Westfield Capital Management Co. LP bought a new position in CommVault Systems in the second quarter worth $58,183,000. Champlain Investment Partners LLC bought a new position in CommVault Systems in the first quarter worth $47,361,000. Finally, Federated Hermes Inc. raised its holdings in CommVault Systems by 530.4% in the second quarter. Federated Hermes Inc. now owns 293,457 shares of the software maker’s stock worth $51,158,000 after purchasing an additional 246,906 shares in the last quarter. 93.50% of the stock is owned by institutional investors.

About CommVault Systems

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.