Q3 Earnings Forecast for CVLT Issued By DA Davidson

CommVault Systems, Inc. (NASDAQ:CVLT) – Investment analysts at DA Davidson issued their Q3 2026 EPS estimates for shares of CommVault Systems in a report issued on Wednesday, October 29th. DA Davidson analyst R. Kessinger anticipates that the software maker will post earnings of $0.46 per share for the quarter. DA Davidson has a “Buy” rating and a $220.00 price target on the stock. The consensus estimate for CommVault Systems’ current full-year earnings is $1.65 per share.

Other equities research analysts have also recently issued reports about the stock. Guggenheim reaffirmed a “buy” rating and issued a $220.00 target price on shares of CommVault Systems in a report on Thursday, October 16th. Baird R W raised shares of CommVault Systems to a “strong-buy” rating in a report on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CommVault Systems in a report on Wednesday, October 8th. KeyCorp dropped their target price on shares of CommVault Systems from $225.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Truist Financial dropped their target price on shares of CommVault Systems from $230.00 to $210.00 and set a “buy” rating on the stock in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $195.10.

CommVault Systems Trading Down 1.8%

Shares of NASDAQ:CVLT opened at $137.62 on Thursday. The company’s 50-day moving average price is $178.53 and its two-hundred day moving average price is $176.13. 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 one year low of $128.07 and a one year high of $200.68. The stock has a market capitalization of $6.12 billion, a PE ratio of 77.32 and a beta of 0.72.

CommVault Systems (NASDAQ:CVLT) last posted its quarterly earnings data on Tuesday, October 28th. The software maker reported $0.91 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.04). CommVault Systems had a net margin of 7.32% and a return on equity of 31.53%. The company had revenue of $276.19 million during the quarter, compared to the consensus estimate of $273.31 million. During the same period in the prior year, the firm posted $0.83 earnings per share. The company’s revenue was up 18.4% compared to the same quarter last year. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS.

Hedge Funds Weigh In On CommVault Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Westfuller Advisors LLC bought a new position in CommVault Systems in the 3rd quarter valued at approximately $85,000. Envestnet Portfolio Solutions Inc. bought a new position in CommVault Systems in the 3rd quarter valued at approximately $269,000. Strs Ohio raised its stake in shares of CommVault Systems by 161.8% during the third quarter. Strs Ohio now owns 28,800 shares of the software maker’s stock valued at $5,437,000 after acquiring an additional 17,800 shares during the last quarter. Emerald Mutual Fund Advisers Trust raised its stake in shares of CommVault Systems by 119.0% during the third quarter. Emerald Mutual Fund Advisers Trust now owns 92,893 shares of the software maker’s stock valued at $17,536,000 after acquiring an additional 50,482 shares during the last quarter. Finally, Emerald Advisers LLC raised its stake in shares of CommVault Systems by 47.4% during the third quarter. Emerald Advisers LLC now owns 156,894 shares of the software maker’s stock valued at $29,618,000 after acquiring an additional 50,470 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Insider Buying and Selling at CommVault Systems

In other CommVault Systems news, CEO Sanjay Mirchandani sold 11,320 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $177.83, for a total transaction of $2,013,035.60. Following the transaction, the chief executive officer owned 458,361 shares in the company, valued at $81,510,336.63. This represents a 2.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Gary Merrill sold 15,244 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $178.01, for a total transaction of $2,713,584.44. Following the transaction, the insider owned 71,837 shares in the company, valued at approximately $12,787,704.37. The trade was a 17.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 55,942 shares of company stock worth $10,019,157. 1.00% of the stock is currently owned by company insiders.

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.