CommVault Systems’ (CVLT) Buy Rating Reiterated at Truist Financial

Truist Financial reissued their buy rating on shares of CommVault Systems (NASDAQ:CVLT) in a research note published on Wednesday,Benzinga reports. Truist Financial currently has a $155.00 target price on the software maker’s stock, down from their previous target price of $175.00.

A number of other equities analysts also recently issued reports on CVLT. Weiss Ratings reiterated a “hold (c)” rating on shares of CommVault Systems in a report on Wednesday, January 21st. Oppenheimer dropped their price target on CommVault Systems from $200.00 to $180.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. Guggenheim decreased their target price on shares of CommVault Systems from $220.00 to $200.00 and set a “buy” rating on the stock in a research report on Friday, January 16th. KeyCorp cut their price objective on shares of CommVault Systems from $185.00 to $152.00 and set an “overweight” rating on the stock in a report on Monday, January 12th. Finally, Wall Street Zen downgraded CommVault Systems from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $143.58.

CommVault Systems Stock Performance

Shares of CVLT stock opened at $85.70 on Wednesday. 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 stock has a 50 day simple moving average of $121.18 and a 200-day simple moving average of $152.96. The company has a market cap of $3.77 billion, a price-to-earnings ratio of 44.18 and a beta of 0.57. CommVault Systems has a 12-month low of $84.44 and a 12-month high of $200.68.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings data on Tuesday, January 27th. The software maker reported $1.17 earnings per share 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 firm had revenue of $313.83 million for the quarter, compared to analyst estimates of $299.07 million. During the same quarter in the prior year, the company posted $0.94 earnings per share. CommVault Systems’s quarterly revenue was up 19.5% on a year-over-year basis. On average, equities analysts forecast that CommVault Systems will post 1.65 EPS for the current year.

Insider Activity at CommVault Systems

In other CommVault Systems news, CFO Jennifer Leigh Dirico sold 830 shares of the company’s stock in a transaction that occurred 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 represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Gary Merrill sold 2,674 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $123.58, for a total value 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. This represents a 3.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 33,111 shares of company stock worth $4,058,851 in the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On CommVault Systems

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

Key Stories Impacting CommVault Systems

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

• Positive Sentiment: Truist reiterated a “Buy” rating on CVLT, signaling confidence from a major research desk that could support demand from growth-oriented investors. Read More.
• Positive Sentiment: Wall Street Zen upgraded CVLT to a “Buy,” another endorsement that may attract bargain-hunters after the recent pullback. Read More.
• Neutral Sentiment: Coverage of CommVault’s expanded partnership with Google Cloud highlights product/market expansion, but the story notes weak share momentum and rich valuation — a mixed read that supports long-term strategic upside but doesn’t help near-term sentiment. Read More.
• Negative Sentiment: Investors reacted badly to the company’s fiscal Q3 update: despite beating EPS ($1.17 vs. $0.98) and revenue ($313.8M vs. $299.1M), guidance/comments were seen as conservative, triggering a sell-off to a 52-week low. That earnings/outlook disconnect is the primary near-term negative driver. Read More.
• Negative Sentiment: Oppenheimer cut its price target to $150, signaling reduced upside from prior forecasts and adding downward pressure on sentiment. Read More.
• Negative Sentiment: Royal Bank of Canada lowered its price target to $100, a notably bearish revision that can weigh on investor confidence. Read More.
• Negative Sentiment: Guggenheim trimmed its target to $175, and other firms including KeyCorp and Cantor Fitzgerald published more cautious forecasts — a cluster of downgrades that amplifies selling pressure. Read More. Read More. Read More.

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.