CommVault Systems (NASDAQ:CVLT) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Key Points

• Wells Fargo raised CommVault’s price target to $185 from $155 and maintained an “overweight” rating, implying 9.29% upside from the prior close. Analysts overall give the stock a “Moderate Buy” consensus rating with an average target of $169.44.
• CommVault exceeded quarterly expectations, reporting EPS of $1.38 versus the $1.25 consensus and revenue of $312.39 million versus $310.41 million expected. Revenue increased 13.1% year over year.
• Shares traded at $169.28, near the 52-week high, while the company carried a lofty price-to-earnings ratio of about 108. Institutional investors own 93.5% of the stock, but insiders have sold shares worth roughly $4.2 million over the past three months.

CommVault Systems (NASDAQ:CVLT - Get Free Report) had its price objective upped by stock analysts at Wells Fargo & Company from $155.00 to $185.00 in a research report issued on Wednesday, Benzinga reports. The firm presently has an "overweight" rating on the software maker's stock. Wells Fargo & Company's price target indicates a potential upside of 9.29% from the stock's previous close.

A number of other research analysts have also recently weighed in on the company. Weiss Ratings reaffirmed a "hold (c)" rating on shares of CommVault Systems in a research report on Friday, September 11th. Jefferies Financial Group boosted their price objective on CommVault Systems from $130.00 to $170.00 and gave the company a "hold" rating in a research note on Monday. Piper Sandler lowered shares of CommVault Systems from an "overweight" rating to a "neutral" rating and set a $133.00 target price for the company. in a report on Tuesday, July 28th. Guggenheim raised their target price on shares of CommVault Systems from $175.00 to $200.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, Oppenheimer raised their target price on shares of CommVault Systems from $150.00 to $175.00 and gave the stock an "outperform" rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat, CommVault Systems presently has an average rating of "Moderate Buy" and a consensus target price of $169.44.

CommVault Systems Trading Down 1.9%

CommVault Systems stock traded down $3.27 during trading on Wednesday, reaching $169.28. The company had a trading volume of 58,469 shares, compared to its average volume of 857,193. The firm has a market capitalization of $7.02 billion, a price-to-earnings ratio of 107.69 and a beta of 0.79. The firm's 50-day simple moving average is $146.25 and its 200 day simple moving average is $118.53. CommVault Systems has a 52 week low of $71.75 and a 52 week high of $174.25.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last released its quarterly earnings results on Tuesday, October 27th. The software maker reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.13. The company had revenue of $312.39 million for the quarter, compared to the consensus estimate of $310.41 million. The business's revenue for the quarter was up 13.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.91 EPS. On average, analysts predict that CommVault Systems will post 2.87 earnings per share for the current year.

Insider Activity

In other CommVault Systems news, CAO Danielle Abrahamsen sold 486 shares of the company's stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $142.80, for a total value of $69,400.80. Following the completion of the transaction, the chief accounting officer directly owned 12,160 shares in the company, valued at $1,736,448. This represents a 3.84% decrease in their position. The transaction 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, Director Vivie Lee sold 595 shares of the stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $134.19, for a total transaction of $79,843.05. Following the sale, the director directly owned 15,140 shares of the company's stock, valued at approximately $2,031,636.60. This trade represents a 3.78% 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. Insiders have sold a total of 29,348 shares of company stock valued at $4,202,441 in the last three months. 0.86% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CommVault Systems

Several hedge funds have recently modified their holdings of CVLT. BlackRock Inc. bought a new position in shares of CommVault Systems during the second quarter worth $855,420,000. American Capital Management Inc. increased its holdings in CommVault Systems by 1.3% in the 1st quarter. American Capital Management Inc. now owns 540,845 shares of the software maker's stock valued at $42,126,000 after acquiring an additional 7,039 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in CommVault Systems in the 2nd quarter valued at $65,765,000. Wellington Management Group LLP lifted its stake in CommVault Systems by 57.1% in the 2nd quarter. Wellington Management Group LLP now owns 402,054 shares of the software maker's stock worth $56,983,000 after purchasing an additional 146,055 shares in the last quarter. Finally, Bank of America Corp DE purchased a new stake in CommVault Systems in the 2nd quarter worth $51,709,000. Hedge funds and other institutional investors own 93.50% of the company's stock.

CommVault Systems News Summary

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

• Positive Sentiment: KeyCorp raised its price target to $200 from $175 and maintained an “overweight” rating, implying approximately 15.9% upside from the referenced $172.55 price. The target increase reinforces the view that Commvault’s growth and recurring-revenue profile can support further gains.
• Positive Sentiment: Fiscal Q2 earnings exceeded expectations: adjusted EPS was $1.38 versus the $1.25 consensus, while revenue reached $312.39 million versus estimates of $310.41 million. Revenue increased 13.1% year over year, and EPS rose from $0.91 in the prior-year quarter. Commvault Announces Second Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Recurring revenue trends were particularly strong: subscription revenue grew 21% to $269 million, subscription ARR reached $1.104 billion—up 20%—and free cash flow was $71 million. These metrics support confidence in Commvault’s predictable, expanding revenue base.
• Positive Sentiment: Commvault introduced identity-resilience features covering Active Directory, Entra ID, and Okta. The tools identify Tier 0 exposure and guide remediation, potentially strengthening demand for its data-protection and cyber-recovery offerings. Commvault Advances Identity Resilience
• Neutral Sentiment: The strong results have produced only a modest market reaction, which may indicate that much of the optimism is already reflected in the share price. CVLT also trades at a high price-to-earnings ratio of approximately 110, leaving the stock sensitive to any slowdown in growth or disappointing guidance.

CommVault Systems Company Profile

Commvault Systems, Inc develops data protection and cyber resilience software and services for businesses, government organizations and other institutions. Its platform is designed to help customers back up, recover, manage and secure data across on-premises infrastructure, private and public clouds, software-as-a-service applications and other distributed IT environments.

The company's offerings include backup and recovery, disaster recovery, data security, ransomware protection, cyber-recovery capabilities and data management tools.

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