A number of firms have modified their ratings and price targets on shares of CommVault Systems (NASDAQ: CVLT) recently:
- 8/1/2026 – CommVault Systems was upgraded by Wall Street Zen from “hold” to “buy”.
- 7/29/2026 – CommVault Systems was given a new $175.00 price target by DA Davidson.
- 7/29/2026 – CommVault Systems had its “sector perform” rating reaffirmed by Scotiabank. They now have a $130.00 price target on the stock.
- 7/29/2026 – CommVault Systems had its “hold” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $130.00 price target on the stock.
- 7/28/2026 – CommVault Systems had its “buy” rating reaffirmed by Guggenheim.
- 7/28/2026 – CommVault Systems was downgraded by Piper Sandler from “overweight” to “neutral”. They now have a $133.00 price target on the stock.
- 7/27/2026 – CommVault Systems had its “neutral” rating reaffirmed by UBS Group AG.
- 7/27/2026 – CommVault Systems had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $132.00 price target on the stock.
- 7/21/2026 – CommVault Systems had its price target raised by Truist Financial Corporation from $155.00 to $182.00. They now have a “buy” rating on the stock.
- 7/17/2026 – CommVault Systems had its price target raised by Oppenheimer Holdings, Inc. from $150.00 to $175.00. They now have an “outperform” rating on the stock.
- 7/16/2026 – CommVault Systems had its price target raised by KeyCorp from $125.00 to $175.00. They now have an “overweight” rating on the stock.
- 7/15/2026 – CommVault Systems had its price target raised by Mizuho from $140.00 to $175.00. They now have an “outperform” rating on the stock.
- 6/16/2026 – CommVault Systems was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
- 6/16/2026 – CommVault Systems had its price target raised by Stephens from $135.00 to $155.00. They now have an “overweight” rating on the stock.
Insider Activity
In other news, CEO Sanjay Mirchandani sold 19,396 shares of CommVault Systems stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $105.49, for a total value of $2,046,084.04. Following the sale, the chief executive officer owned 315,377 shares of the company’s stock, valued at $33,269,119.73. The trade was a 5.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 the business’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $105.84, for a total transaction of $112,719.60. Following the transaction, the chief accounting officer owned 13,581 shares in the company, valued at approximately $1,437,413.04. This trade represents a 7.27% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 56,350 shares of company stock valued at $5,930,275. Corporate insiders own 0.86% of the company’s stock.
Commvault’s platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.
Featured Stories
- Five stocks we like better than CommVault Systems
- SpaceX’s First Earnings Report Only Made Wall Street More Divided
- Plug Power Charges Ahead: Margin Expansion Sparks a Rally
- Abercrombie’s Comeback Is a Work in Progress
- Roku’s Ad Business Is Growing—These 3 Stocks Could Be Next
Receive News & Ratings for CommVault Systems Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CommVault Systems Inc and related companies with MarketBeat.com's FREE daily email newsletter.
