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

CommVault Systems (NASDAQ:CVLT) had its target price boosted by Oppenheimer from $150.00 to $175.00 in a research report report published on Friday morning,Benzinga reports. Oppenheimer currently has an outperform rating on the software maker’s stock.

Several other brokerages have also recently issued reports on CVLT. KeyCorp upped their price objective on shares of CommVault Systems from $125.00 to $175.00 and gave the company an “overweight” rating in a research note on Thursday. Wolfe Research initiated coverage on shares of CommVault Systems in a research note on Friday, May 1st. They issued a “peer perform” rating on the stock. Weiss Ratings upgraded CommVault Systems from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 16th. Wall Street Zen cut CommVault Systems from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Zacks Research downgraded CommVault Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $143.67.

CommVault Systems Stock Performance

CVLT opened at $147.81 on Friday. CommVault Systems has a 52-week low of $71.75 and a 52-week high of $200.68. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 117.54. The firm’s fifty day simple moving average is $126.83 and its two-hundred day simple moving average is $106.42. The company has a market cap of $6.12 billion, a price-to-earnings ratio of 92.96 and a beta of 0.79.

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

Insider Buying and Selling at CommVault Systems

In other CommVault Systems news, CEO Sanjay Mirchandani sold 8,450 shares of CommVault Systems stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $99.13, for a total transaction of $837,648.50. Following the completion of the sale, the chief executive officer directly owned 306,927 shares of the company’s stock, valued at $30,425,673.51. The trade was a 2.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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, CFO Gary Merrill sold 4,554 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $106.70, for a total value of $485,911.80. Following the sale, the chief financial officer owned 72,775 shares of the company’s stock, valued at approximately $7,765,092.50. The trade was a 5.89% decrease in their position. The SEC filing for this sale provides additional information. 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. Insiders have sold 55,279 shares of company stock valued at $5,786,557 in the last quarter. Corporate insiders own 0.86% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CVLT. M&T Bank Corp raised its position in CommVault Systems by 22,133.9% in the 4th quarter. M&T Bank Corp now owns 610,098 shares of the software maker’s stock valued at $76,482,000 after purchasing an additional 607,354 shares during the last quarter. TD Asset Management Inc grew its position in CommVault Systems by 14,047.5% during the 4th quarter. TD Asset Management Inc now owns 381,982 shares of the software maker’s stock worth $47,885,000 after purchasing an additional 379,282 shares during the last quarter. AQR Capital Management LLC grew its position in CommVault Systems by 60.8% during the 2nd quarter. AQR Capital Management LLC now owns 893,385 shares of the software maker’s stock worth $155,744,000 after purchasing an additional 337,830 shares during the last quarter. Pictet Asset Management Holding SA increased its stake in CommVault Systems by 36.2% in the first quarter. Pictet Asset Management Holding SA now owns 1,239,225 shares of the software maker’s stock valued at $96,447,000 after purchasing an additional 329,243 shares during the period. Finally, First Trust Advisors LP increased its stake in CommVault Systems by 25.5% in the fourth quarter. First Trust Advisors LP now owns 1,537,034 shares of the software maker’s stock valued at $192,683,000 after purchasing an additional 312,178 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.

More CommVault Systems News

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

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.