Oppenheimer Boosts CommVault Systems (NASDAQ:CVLT) Price Target to $175.00

CommVault Systems (NASDAQ:CVLT) had its target price lifted by research analysts at Oppenheimer from $150.00 to $175.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the software maker’s stock. Oppenheimer’s price objective suggests a potential upside of 18.40% from the company’s previous close.

CVLT has been the topic of several other research reports. Loop Capital assumed coverage on shares of CommVault Systems in a research note on Tuesday, March 24th. They issued a “buy” rating and a $125.00 price target on the stock. Weiss Ratings upgraded CommVault Systems from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 16th. KeyCorp increased their price objective on CommVault Systems from $125.00 to $175.00 and gave the stock an “overweight” rating in a report on Thursday. Stephens raised their target price on CommVault Systems from $135.00 to $155.00 and gave the company an “overweight” rating in a research report on Tuesday, June 16th. Finally, Mizuho lifted their target price on CommVault Systems from $140.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, CommVault Systems currently has an average rating of “Moderate Buy” and an average target price of $143.67.

CommVault Systems Stock Down 1.3%

CommVault Systems stock opened at $147.81 on Friday. The company has a debt-to-equity ratio of 117.54, a quick ratio of 1.95 and a current ratio of 1.95. CommVault Systems has a one year low of $71.75 and a one year high of $200.68. The company has a 50-day simple moving average of $126.83 and a 200-day simple moving average of $106.42. The firm has a market capitalization of $6.12 billion, a P/E ratio of 92.96 and a beta of 0.79.

CommVault Systems (NASDAQ:CVLT) last issued its quarterly earnings data on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.19. The firm had revenue of $311.69 million for the quarter, compared to the consensus estimate of $306.71 million. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. CommVault Systems’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period last year, the firm posted $1.03 EPS. As a group, equities analysts expect that CommVault Systems will post 2.88 earnings per share for the current year.

Insider Transactions at CommVault Systems

In other news, CEO Sanjay Mirchandani sold 8,450 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $99.13, for a total value of $837,648.50. Following the completion of the transaction, the chief executive officer directly owned 306,927 shares in the company, valued at $30,425,673.51. This trade represents a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Danielle Nicole Abrahamsen sold 254 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $150.00, for a total transaction of $38,100.00. Following the transaction, the chief accounting officer owned 13,156 shares in the company, valued at $1,973,400. This represents a 1.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 55,279 shares of company stock valued at $5,786,557. Company insiders own 0.86% of the company’s stock.

Institutional Trading of CommVault Systems

Several institutional investors have recently modified their holdings of the company. State of Wyoming bought a new position in CommVault Systems during the second quarter valued at about $35,000. FNY Investment Advisers LLC bought a new stake in CommVault Systems in the fourth quarter worth about $36,000. Essential Partners LLC lifted its holdings in CommVault Systems by 9,920.0% in the 1st quarter. Essential Partners LLC now owns 501 shares of the software maker’s stock valued at $39,000 after acquiring an additional 496 shares during the last quarter. Banque Cantonale Vaudoise acquired a new stake in CommVault Systems in the 3rd quarter valued at about $39,000. Finally, Assetmark Inc. boosted its position in shares of CommVault Systems by 33.6% during the 4th quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock valued at $41,000 after purchasing an additional 82 shares in the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Trending Headlines about CommVault Systems

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

• Positive Sentiment: Oppenheimer increased its price target on Commvault Systems to $175 from $150 and reiterated an outperform rating, signaling stronger confidence in upside potential. Benzinga source
• Positive Sentiment: KeyCorp also raised its target to $175 and maintained an overweight rating, adding to the bullish analyst sentiment around CVLT. Benzinga source
• Positive Sentiment: Mizuho reportedly set a new $175 price target, reinforcing the view that analysts expect further appreciation for Commvault Systems. American Banking News source
• Neutral Sentiment: Commvault also highlighted research showing identity management is a critical gap in agentic AI deployments, which supports its long-term product narrative but is not an immediate catalyst. PR Newswire source
• Negative Sentiment: Multiple law firms issued reminders about the July 17 lead-plaintiff deadline in a securities class action, keeping litigation risk in focus for investors. Globe Newswire source

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.