CommVault Systems (NASDAQ:CVLT) Price Target Lowered to $135.00 at DA Davidson

CommVault Systems (NASDAQ:CVLT) had its price objective cut by DA Davidson from $185.00 to $135.00 in a report released on Wednesday morning,Benzinga reports. They currently have a buy rating on the software maker’s stock.

A number of other equities analysts have also weighed in on CVLT. Weiss Ratings restated a “hold (c)” rating on shares of CommVault Systems in a research report on Wednesday, January 21st. Wells Fargo & Company decreased their price target on shares of CommVault Systems from $190.00 to $155.00 and set an “overweight” rating on the stock in a research note on Wednesday. Cantor Fitzgerald dropped their price objective on shares of CommVault Systems from $144.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday. Stephens reduced their target price on CommVault Systems from $162.00 to $135.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, KeyCorp decreased their target price on CommVault Systems from $152.00 to $108.00 and set an “overweight” rating on the stock in a research report on Wednesday. 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 data from MarketBeat.com, CommVault Systems has a consensus rating of “Moderate Buy” and an average target price of $143.58.

CommVault Systems Stock Performance

NASDAQ:CVLT opened at $89.85 on Wednesday. The stock has a 50-day moving average price of $122.47 and a 200 day moving average price of $154.00. The stock has a market capitalization of $3.96 billion, a P/E ratio of 50.48 and a beta of 0.57. CommVault Systems has a 12-month low of $84.44 and a 12-month high of $200.68. The company has a current ratio of 2.34, a quick ratio of 2.53 and a debt-to-equity ratio of 4.06.

CommVault Systems (NASDAQ:CVLT) last posted its quarterly earnings results on Tuesday, January 27th. The software maker reported $1.17 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $299.07 million. During the same period in the previous year, the firm earned $0.94 EPS. The firm’s revenue was up 19.5% compared to the same quarter last year. Equities research analysts forecast that CommVault Systems will post 1.65 EPS for the current fiscal year.

Insider Transactions at CommVault Systems

In related news, CFO Jennifer Leigh Dirico sold 830 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $123.58, for a total value of $102,571.40. Following the completion of the sale, the chief financial officer directly owned 44,313 shares in the company, valued at $5,476,200.54. This trade represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Gary Merrill sold 2,674 shares of CommVault Systems stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $123.58, for a total transaction of $330,452.92. Following the transaction, the insider directly owned 69,163 shares of the company’s stock, valued at $8,547,163.54. The trade was a 3.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 33,111 shares of company stock worth $4,058,851. 1.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CommVault Systems

Institutional investors have recently made changes to their positions in the company. Cullen Frost Bankers Inc. grew its holdings in CommVault Systems by 43.8% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock valued at $46,000 after purchasing an additional 74 shares during the last quarter. JSF Financial LLC grew its stake in shares of CommVault Systems by 1.1% during the third quarter. JSF Financial LLC now owns 7,345 shares of the software maker’s stock valued at $1,387,000 after buying an additional 82 shares during the last quarter. Assetmark Inc. grew its stake in shares of CommVault Systems by 33.6% during 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 during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of CommVault Systems by 17.1% in the third quarter. Farther Finance Advisors LLC now owns 652 shares of the software maker’s stock worth $123,000 after buying an additional 95 shares during the period. Finally, Louisiana State Employees Retirement System lifted its stake in shares of CommVault Systems by 0.8% during the 2nd quarter. Louisiana State Employees Retirement System now owns 12,400 shares of the software maker’s stock worth $2,162,000 after acquiring an additional 100 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Key Headlines 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.