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

CommVault Systems (NASDAQ:CVLT) had its target price hoisted by KeyCorp from $125.00 to $175.00 in a research note published on Thursday morning,Benzinga reports. The firm currently has an overweight rating on the software maker’s stock.

CVLT has been the topic of a number of other reports. Scotiabank lifted their price objective on shares of CommVault Systems from $105.00 to $110.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 29th. Loop Capital started coverage on shares of CommVault Systems in a report on Tuesday, March 24th. They issued a “buy” rating and a $125.00 target price for the company. DA Davidson reiterated a “buy” rating and issued a $125.00 target price on shares of CommVault Systems in a report on Monday, April 13th. Robert W. Baird dropped their price target on shares of CommVault Systems from $185.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, April 13th. Finally, Stephens boosted their price target on shares of CommVault Systems from $135.00 to $155.00 and gave the stock an “overweight” rating in a report on Tuesday, June 16th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $143.67.

CommVault Systems Stock Down 1.3%

Shares of NASDAQ CVLT opened at $147.81 on Thursday. The stock has a market capitalization of $6.12 billion, a P/E ratio of 92.96 and a beta of 0.79. The company has a 50-day moving average price of $126.83 and a 200-day moving average price of $106.42. CommVault Systems has a 1 year low of $71.75 and a 1 year high of $200.68. The company has a debt-to-equity ratio of 117.54, a current ratio of 1.95 and a quick ratio of 1.95.

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

Insiders Place Their Bets

In other news, CFO Gary Merrill sold 4,560 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $105.10, for a total transaction of $479,256.00. Following the completion of the sale, the chief financial officer directly owned 72,507 shares of the company’s stock, valued at $7,620,485.70. This trade represents a 5.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 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 1,065 shares of CommVault Systems stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $105.84, for a total value of $112,719.60. Following the sale, the chief accounting officer owned 13,581 shares in the company, valued at $1,437,413.04. The trade was a 7.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Over the last quarter, insiders have sold 55,279 shares of company stock valued at $5,786,557. Insiders own 0.86% of the company’s stock.

Hedge Funds Weigh In On CommVault Systems

Institutional investors have recently added to or reduced their stakes in the stock. Boston Trust Walden Corp purchased a new position in CommVault Systems in the fourth quarter valued at about $30,830,000. Intech Investment Management LLC grew its position in shares of CommVault Systems by 52.4% during the 4th quarter. Intech Investment Management LLC now owns 86,634 shares of the software maker’s stock valued at $10,860,000 after acquiring an additional 29,796 shares during the period. Epoch Investment Partners Inc. purchased a new stake in shares of CommVault Systems during the 4th quarter worth approximately $27,278,000. BNP Paribas Financial Markets increased its stake in shares of CommVault Systems by 410.8% during the 4th quarter. BNP Paribas Financial Markets now owns 320,468 shares of the software maker’s stock worth $40,174,000 after purchasing an additional 257,729 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH increased its stake in shares of CommVault Systems by 64.3% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 273,206 shares of the software maker’s stock worth $21,280,000 after purchasing an additional 106,970 shares during the last quarter. Institutional investors 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

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.