CommVault Systems (NASDAQ:CVLT) Price Target Cut to $155.00 by Analysts at Wells Fargo & Company

CommVault Systems (NASDAQ:CVLT) had its price objective lowered by Wells Fargo & Company from $190.00 to $155.00 in a research note released on Wednesday morning,Benzinga reports. The brokerage currently has an overweight rating on the software maker’s stock.

Several other analysts have also issued reports on the stock. Piper Sandler reduced their price objective on shares of CommVault Systems from $186.00 to $155.00 and set an “overweight” rating on the stock in a report on Monday, January 5th. Oppenheimer reduced their price target on shares of CommVault Systems from $200.00 to $180.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. DA Davidson lowered their price objective on shares of CommVault Systems from $220.00 to $185.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. Mizuho cut their target price on CommVault Systems from $190.00 to $180.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada decreased their price target on CommVault Systems from $217.00 to $167.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $143.58.

CommVault Systems Stock Up 0.8%

CVLT stock opened at $89.85 on Wednesday. CommVault Systems has a one year low of $84.44 and a one year high of $200.68. The firm has a market cap of $3.96 billion, a PE ratio of 50.48 and a beta of 0.57. The firm’s 50 day moving average price is $122.47 and its 200-day moving average price is $154.00. The company has a debt-to-equity ratio of 4.06, a quick ratio of 2.53 and a current ratio of 2.34.

CommVault Systems (NASDAQ:CVLT) last posted its earnings results on Tuesday, January 27th. The software maker reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.19. CommVault Systems had a return on equity of 37.38% and a net margin of 7.58%.The company had revenue of $313.83 million during the quarter, compared to analysts’ expectations of $299.07 million. During the same quarter last year, the firm earned $0.94 earnings per share. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. On average, equities research analysts anticipate that CommVault Systems will post 1.65 EPS for the current year.

Insider Activity at CommVault Systems

In other news, CEO Sanjay Mirchandani sold 14,653 shares of CommVault Systems stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $123.65, for a total value of $1,811,843.45. Following the completion of the transaction, the chief executive officer owned 372,369 shares in the company, valued at approximately $46,043,426.85. This trade represents a 3.79% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Jennifer Leigh Dirico sold 830 shares of the business’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $123.58, for a total value of $102,571.40. Following the transaction, the chief financial officer directly owned 44,313 shares of the company’s stock, valued at approximately $5,476,200.54. This represents a 1.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 33,111 shares of company stock worth $4,058,851. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CVLT. State of Wyoming acquired a new position in CommVault Systems during the 2nd quarter worth approximately $35,000. FNY Investment Advisers LLC acquired a new position in shares of CommVault Systems during the fourth quarter worth $36,000. Banque Cantonale Vaudoise purchased a new position in CommVault Systems in the third quarter valued at $39,000. Assetmark Inc. raised its stake in CommVault Systems by 33.6% in the fourth quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock valued at $41,000 after buying an additional 82 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its stake in CommVault Systems by 43.8% in the third quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock valued at $46,000 after buying an additional 74 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Key Stories Impacting CommVault Systems

Here are the key news stories impacting CommVault Systems this week:

• Positive Sentiment: Q3 results beat consensus: $1.17 EPS vs. $0.98 estimate and revenue ~$314M (+19% YoY); ARR grew ~22% and new‑customer adds hit a high — supports longer‑term subscription growth. PR Newswire
• Positive Sentiment: Strategic partnerships: expanded collaboration with Google Cloud was cited as a positive catalyst that had supported recent upside prior to the sell‑off. Investing.com
• Neutral Sentiment: Earnings materials and call transcripts are available for investors to review management commentary (guidance language and SaaS mix comments appear to be the market focus). Yahoo Finance transcript
• Neutral Sentiment: Independent analysis highlights a potential buying opportunity based on fundamentals despite near‑term headwinds (Baird/other analyst comments). TipRanks / Baird
• Neutral Sentiment: Short‑interest data in some feeds shows a large rise but reports also display zero shares (likely a reporting/data error); treat short‑interest headlines with caution until exchanges confirm figures.
• Negative Sentiment: Broad analyst price‑target reductions and rating resets followed the print — multiple firms cut PTs (examples: RBC, Cantor, KeyCorp, Oppenheimer, DA Davidson, Mizuho, Guggenheim, Wells Fargo, Truist), which increased selling pressure despite many firms retaining constructive ratings. Benzinga summary of analyst moves
• Negative Sentiment: Market reaction: shares fell sharply after the earnings release — headlines and note pieces explain the move as investors focusing on guidance, SaaS mix transition, and near‑term margin/growth pacing concerns. Forbes
• Negative Sentiment: Coverage pieces and investor writeups (AAII, Seeking Alpha summaries) emphasize the 30%‑range decline and debate whether the pullback creates a buying opportunity or reflects deeper execution/guidance risks. AAII

CommVault Systems Company Profile

Commvault Systems, Inc is a global provider of data protection and information management software designed to help organizations manage, protect, and activate data across on-premises and cloud environments. Founded in 1996 and headquartered in Tinton Falls, New Jersey, Commvault offers a suite of integrated products and services that enable enterprises to back up, recover, archive, and analyze data. Its flagship solutions include Commvault Complete Data Protection, Commvault HyperScale, and the SaaS-based Metallic portfolio, which deliver scalable and automated data management capabilities across hybrid infrastructure environments.

Commvault’s platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.