DA Davidson Expects Reduced Earnings for CommVault Systems

CommVault Systems, Inc. (NASDAQ:CVLT) – Research analysts at DA Davidson lowered their FY2026 earnings per share estimates for shares of CommVault Systems in a research note issued to investors on Wednesday, October 29th. DA Davidson analyst R. Kessinger now anticipates that the software maker will post earnings per share of $1.74 for the year, down from their previous estimate of $1.91. 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. DA Davidson also issued estimates for CommVault Systems’ FY2027 earnings at $1.84 EPS.

Several other analysts have also recently weighed in on CVLT. Guggenheim reissued a “buy” rating and set a $220.00 price target on shares of CommVault Systems in a report on Thursday, October 16th. KeyCorp dropped their price objective on CommVault Systems from $225.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday. Robert W. Baird started coverage on CommVault Systems in a report on Monday, October 27th. They issued an “outperform” rating and a $215.00 price objective for the company. Zacks Research raised CommVault Systems from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. Finally, Baird R W raised CommVault Systems to a “strong-buy” rating in a report on Monday, October 27th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $195.10.

CommVault Systems Stock Performance

NASDAQ:CVLT opened at $139.22 on Friday. The stock has a market cap of $6.19 billion, a P/E ratio of 78.21 and a beta of 0.72. The stock has a 50 day simple moving average of $177.69 and a 200 day simple moving average of $176.18. The company has a current ratio of 2.53, a quick ratio of 1.24 and a debt-to-equity ratio of 4.18. CommVault Systems has a 1-year low of $128.07 and a 1-year high of $200.68.

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

Institutional Investors Weigh In On CommVault Systems

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Invesco Ltd. grew its position in CommVault Systems by 7.1% during the 1st quarter. Invesco Ltd. now owns 1,777,307 shares of the software maker’s stock worth $280,388,000 after acquiring an additional 117,199 shares during the last quarter. Acadian Asset Management LLC grew its position in CommVault Systems by 2.9% during the 1st quarter. Acadian Asset Management LLC now owns 1,505,357 shares of the software maker’s stock worth $237,454,000 after acquiring an additional 43,075 shares during the last quarter. Geode Capital Management LLC grew its position in shares of CommVault Systems by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 1,337,403 shares of the software maker’s stock valued at $233,172,000 after buying an additional 26,207 shares during the last quarter. AQR Capital Management LLC grew 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 valued at $155,744,000 after buying an additional 337,830 shares during the last quarter. Finally, Nuveen LLC bought a new stake in shares of CommVault Systems in the 1st quarter valued at about $116,223,000. Institutional investors own 93.50% of the company’s stock.

Insider Transactions at CommVault Systems

In related news, CEO Sanjay Mirchandani sold 11,320 shares of the business’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $177.83, for a total transaction of $2,013,035.60. Following the sale, the chief executive officer owned 458,361 shares in the company, valued at $81,510,336.63. The trade was a 2.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Gary Merrill sold 15,244 shares of the business’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $178.01, for a total value of $2,713,584.44. Following the sale, the insider owned 71,837 shares in the company, valued at $12,787,704.37. This represents a 17.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over 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 insiders.

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.