DA Davidson Cuts CommVault Systems (NASDAQ:CVLT) Price Target to $135.00

CommVault Systems (NASDAQ:CVLT) had its target price cut by analysts at DA Davidson from $185.00 to $135.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the software maker’s stock. DA Davidson’s price target would indicate a potential upside of 49.06% from the stock’s current price.

Several other research analysts have also commented on CVLT. Oppenheimer cut their price target on shares of CommVault Systems from $180.00 to $150.00 and set an “outperform” rating on the stock in a report on Wednesday. Mizuho reduced their target price on shares of CommVault Systems from $180.00 to $140.00 and set an “outperform” rating for the company in a report on Wednesday. Robert W. Baird assumed coverage on CommVault Systems in a report on Monday, October 27th. They issued an “outperform” rating and a $215.00 target price for the company. Cantor Fitzgerald reduced their price objective on CommVault Systems from $144.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, Royal Bank Of Canada cut their price target on CommVault Systems from $167.00 to $100.00 and set a “sector perform” rating for the company in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $143.58.

CommVault Systems Price Performance

NASDAQ:CVLT traded up $1.44 during mid-day trading on Wednesday, hitting $90.57. 1,940,632 shares of the company’s stock traded hands, compared to its average volume of 1,001,789. CommVault Systems has a 1 year low of $84.44 and a 1 year high of $200.68. The company has a market cap of $3.99 billion, a PE ratio of 51.26 and a beta of 0.57. The company has a debt-to-equity ratio of 4.18, a quick ratio of 2.53 and a current ratio of 2.53. The firm’s 50 day simple moving average is $123.06 and its 200 day simple moving average is $154.45.

CommVault Systems (NASDAQ:CVLT) last posted its earnings results on Tuesday, January 27th. The software maker reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.19. CommVault Systems had a return on equity of 31.53% and a net margin of 7.32%.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 earned $0.94 EPS. CommVault Systems’s revenue was up 19.5% on a year-over-year basis. Sell-side analysts expect that CommVault Systems will post 1.65 EPS for the current year.

Insider Buying and Selling at CommVault Systems

In related news, insider Gary Merrill sold 2,674 shares of the business’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $123.58, for a total value of $330,452.92. Following the transaction, the insider owned 69,163 shares in the company, valued at approximately $8,547,163.54. The trade was a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Jennifer Leigh Dirico sold 830 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $123.58, for a total transaction 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 SEC filing for this sale provides additional information. Insiders sold a total of 33,111 shares of company stock valued at $4,058,851 in the last ninety days. Insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On CommVault Systems

Several institutional investors have recently made changes to their positions in the stock. Cullen Frost Bankers Inc. grew its position in 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 during the last quarter. JSF Financial LLC grew its holdings in CommVault Systems by 1.1% in the 3rd 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 in the last quarter. Assetmark Inc. raised its stake in CommVault Systems by 33.6% during the 4th quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock valued at $41,000 after acquiring an additional 82 shares in the last quarter. Farther Finance Advisors LLC boosted its position in CommVault Systems by 17.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 652 shares of the software maker’s stock worth $123,000 after acquiring an additional 95 shares during the period. Finally, Louisiana State Employees Retirement System grew its stake in shares of CommVault Systems by 0.8% in the second quarter. Louisiana State Employees Retirement System now owns 12,400 shares of the software maker’s stock worth $2,162,000 after purchasing an additional 100 shares in the last quarter. 93.50% of the stock is owned by institutional investors.

More CommVault Systems News

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

• Positive Sentiment: Q3 results beat expectations: EPS $1.17 vs $0.98 est., revenue $313.8M vs $299.1M, revenue +19% YoY and ARR up ~22% to $1,085M — indicators of healthy subscription momentum. Commvault Announces Third Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Product/partner news: expanded Google Cloud collaboration reported earlier this week, a strategic partnership that can help accelerate cloud‑native customer wins and SaaS adoption. Commvault stock rises after expanded Google Cloud collaboration
• Neutral Sentiment: Earnings call and transcripts are available (useful for detail on SaaS mix, churn, margin outlook and guidance assumptions). Read the call transcript and highlights to parse management’s commentary. Commvault Q3 2026 earnings call transcript
• Negative Sentiment: Broad analyst repricing this morning: several firms lowered price targets — Royal Bank of Canada 167→100 (sector perform), Cantor Fitzgerald 144→100 (neutral), KeyCorp 152→108 (overweight), and others trimmed targets though some kept buy/overweight stances. That cluster of cuts is pressuring the stock despite the beat. Benzinga roundup of analyst moves
• Negative Sentiment: Market reaction/context: commentary and coverage (including an AAII piece) noted a sharp near‑term decline in the stock; the sell‑off appears driven by concern over SaaS mix/near‑term margins and analyst repricing rather than a miss on revenue. Why Commvault Systems, Inc.’s (CVLT) Stock Is Down 30.08%

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.