DA Davidson Has Lowered Expectations for CommVault Systems (NASDAQ:CVLT) Stock Price

CommVault Systems (NASDAQ:CVLT) had its price target dropped by stock analysts at DA Davidson from $185.00 to $135.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the software maker’s stock. DA Davidson’s price objective would indicate a potential upside of 54.29% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the stock. Robert W. Baird assumed coverage on shares of CommVault Systems in a research note on Monday, October 27th. They issued an “outperform” rating and a $215.00 target price on the stock. Mizuho cut their price target on shares of CommVault Systems from $180.00 to $140.00 and set an “outperform” rating for the company in a report on Wednesday. Oppenheimer reduced their price target on shares of CommVault Systems from $180.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday. Stephens dropped their price objective on shares of CommVault Systems from $162.00 to $135.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, Wells Fargo & Company cut their target price on shares of CommVault Systems from $190.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $143.58.

CommVault Systems Trading Down 2.6%

CVLT stock opened at $87.50 on Wednesday. CommVault Systems has a 1-year low of $84.44 and a 1-year 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. The business’s 50 day moving average is $121.87 and its 200-day moving average is $153.54. The firm has a market cap of $3.86 billion, a P/E ratio of 45.10 and a beta of 0.57.

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

Insider Buying and Selling

In other news, CFO Jennifer Leigh Dirico sold 830 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 value of $102,571.40. Following the completion of the sale, the chief financial officer directly owned 44,313 shares of the company’s stock, valued at approximately $5,476,200.54. This trade represents a 1.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Gary Merrill sold 2,674 shares of the business’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 $330,452.92. Following the sale, the insider owned 69,163 shares of the company’s stock, valued at approximately $8,547,163.54. The trade was a 3.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 33,111 shares of company stock worth $4,058,851 in the last quarter. Insiders own 1.00% of the company’s stock.

Institutional Trading of CommVault Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL acquired a new position in CommVault Systems during the 3rd quarter valued at about $1,887,800,000. First Trust Advisors LP grew its position in shares of CommVault Systems by 1,335.8% during the 3rd quarter. First Trust Advisors LP now owns 1,224,856 shares of the software maker’s stock worth $231,228,000 after buying an additional 1,139,547 shares during the period. M&T Bank Corp raised its stake in shares of CommVault Systems by 22,133.9% during the fourth quarter. M&T Bank Corp now owns 610,098 shares of the software maker’s stock worth $76,482,000 after buying an additional 607,354 shares during the last quarter. Westfield Capital Management Co. LP raised its stake in shares of CommVault Systems by 135.6% during the third quarter. Westfield Capital Management Co. LP now owns 786,175 shares of the software maker’s stock worth $148,414,000 after buying an additional 452,422 shares during the last quarter. Finally, AQR Capital Management LLC lifted its holdings in CommVault Systems by 60.8% in the second 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 period. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Key CommVault Systems News

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

• Positive Sentiment: Q3 results showed an earnings and revenue beat (EPS $1.17 vs. $0.98 est.; revenue ~$314M above estimates), confirming solid top‑line growth that supports the longer‑term SaaS transition thesis.
• Positive Sentiment: Some analysts and firms continue to view the pullback as a buying opportunity — Robert W. Baird published a constructive note arguing the SaaS mix shift masks strong fundamentals. Read More.
• Neutral Sentiment: Full Q3 earnings call transcript is available for investors who want management’s exact wording on guidance, product spend and cloud partnerships. Read More.
• Neutral Sentiment: Reported short‑interest data in the feed is effectively zero/flat and not informative for the current move (data appears anomalous); monitor official exchanges for updated short interest reads before drawing conclusions.
• Negative Sentiment: Broad, steep analyst price‑target cuts and revised outlooks hit the stock after the report — multiple firms lowered targets (examples include RBC, Cantor, KeyCorp, Oppenheimer, Wells Fargo, Guggenheim and others), increasing perceived near‑term downside and sparking the selloff. Read More.
• Negative Sentiment: Market commentary highlights investor disappointment: coverage noted the shares plunged (reports cite ~30–31% decline) as the post‑earnings reaction priced in concerns about momentum and valuation despite the beat. Read More.
• Negative Sentiment: Independent analysis flagged that recent product/partner expansion (e.g., Google Cloud tie‑ups) may not yet be translating into visible share momentum versus the stock’s prior valuation, fueling further selling pressure. Read More.
• Negative Sentiment: Coverage pieces explaining the drop provide context on sentiment and execution worries; read for detail on what specifically drove investor exits after the print. Read More.

About CommVault Systems

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.