CommVault Systems (NASDAQ:CVLT) Given Buy Rating at DA Davidson

Key Points

• DA Davidson reaffirmed a Buy rating on CommVault with a $125 price target (implying about a 39.6% upside), while the Street consensus is a Moderate Buy with an average target around $137.15.
• CommVault beat quarterly estimates (EPS $1.17 vs. $0.98; revenue $313.8M, +19.5% YoY), reiterated Q4/FY2026 guidance, and is rolling out AI capabilities and senior hires aimed at accelerating its SaaS transition.
• Risks include recent insider stock sales, several analysts lowering price targets, and an investigation by the Portnoy Law Firm into potential securities fraud that could weigh on sentiment.

CommVault Systems (NASDAQ:CVLT - Get Free Report)'s stock had its "buy" rating reaffirmed by DA Davidson in a research note issued on Monday,Benzinga reports. They currently have a $125.00 target price on the software maker's stock. DA Davidson's price target would suggest a potential upside of 39.60% from the company's previous close.

Several other equities analysts also recently weighed in on CVLT. Loop Capital began coverage on CommVault Systems in a research report on Tuesday, March 24th. They set a "buy" rating and a $125.00 target price on the stock. Robert W. Baird cut their target price on CommVault Systems from $185.00 to $160.00 and set an "outperform" rating on the stock in a research report on Monday. Wall Street Zen downgraded CommVault Systems from a "buy" rating to a "hold" rating in a research report on Saturday, March 28th. Oppenheimer cut their target price on CommVault Systems from $180.00 to $150.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 28th. Finally, Guggenheim cut their target price on CommVault Systems from $200.00 to $175.00 and set a "buy" rating on the stock in a research report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $137.15.

CommVault Systems Price Performance

NASDAQ:CVLT traded up $0.67 during trading hours on Monday, reaching $89.54. The stock had a trading volume of 1,431,180 shares, compared to its average volume of 1,138,575. The company has a debt-to-equity ratio of 4.06, a quick ratio of 2.34 and a current ratio of 2.34. CommVault Systems has a 52 week low of $71.75 and a 52 week high of $200.68. The company has a 50 day moving average price of $83.54 and a two-hundred day moving average price of $118.17. The stock has a market capitalization of $3.94 billion, a PE ratio of 46.25 and a beta of 0.63.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last released its quarterly earnings data on Tuesday, January 27th. The software maker reported $1.17 earnings per share (EPS) 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 business had revenue of $313.83 million for the quarter, compared to the consensus estimate of $299.07 million. During the same quarter in the previous year, the company posted $0.94 EPS. The company's revenue was up 19.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that CommVault Systems will post 1.65 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Gary Merrill sold 2,593 shares of the business's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $90.28, for a total transaction of $234,096.04. Following the completion of the transaction, the insider owned 64,725 shares in the company, valued at $5,843,373. The trade was a 3.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sanjay Mirchandani sold 10,338 shares of the business's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $78.96, for a total value of $816,288.48. Following the transaction, the chief executive officer owned 342,581 shares of the company's stock, valued at approximately $27,050,195.76. The trade was a 2.93% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 31,355 shares of company stock valued at $2,613,165. 1.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On CommVault Systems

A number of large investors have recently bought and sold shares of the business. Cullen Frost Bankers Inc. lifted 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 buying an additional 74 shares during the period. JSF Financial LLC lifted its holdings in shares of 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 during the period. Assetmark Inc. lifted its holdings in shares of CommVault Systems by 33.6% in the 4th quarter. Assetmark Inc. now owns 326 shares of the software maker's stock worth $41,000 after buying an additional 82 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of CommVault Systems by 17.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 652 shares of the software maker's stock worth $123,000 after buying an additional 95 shares during the period. Finally, Diversify Wealth Management LLC lifted its holdings in shares of CommVault Systems by 1.6% in the 3rd quarter. Diversify Wealth Management LLC now owns 7,060 shares of the software maker's stock worth $1,333,000 after buying an additional 110 shares during the period. Hedge funds and other institutional investors own 93.50% of the company's stock.

More CommVault Systems News

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

• Positive Sentiment: Company announced two senior appointments — Gary Merrill named CFO and Geoff Haydon named President of Customer and Field Operations — intended to accelerate growth execution and drive commercial scale. This signals management focus on execution during the SaaS transition. Commvault Announces Leadership Appointments
• Positive Sentiment: Commvault unveiled new AI capabilities to enable secure, governed agentic workflows on Commvault Cloud — a product-led move that supports revenue growth potential from AI adoption and could improve enterprise win rates. Commvault Introduces Innovations to Advance Secure, Controlled Agentic Transformation in the Enterprise
• Positive Sentiment: Street interest resurfaced around a strategic narrative — takeover speculation and the company’s SaaS transition highlighted by an analyst note that frames CVLT as an undervalued buy opportunity, which can attract M&A-minded investors. CommVault: Strategic Takeover Interest and SaaS Transition Underscore Undervalued Buy Opportunity
• Neutral Sentiment: Commvault reiterated its Q4 and FY2026 guidance; revenue ranges are roughly in line with consensus (Q4 ~$305–308M; FY ~ $1.2B). Reaffirmation reduces near‑term execution risk but offers limited upside surprise. (Company release 4/13/2026)
• Neutral Sentiment: Robert W. Baird lowered its price target from $185 to $160 but maintained an “Outperform” rating — a mixed signal: continued analyst conviction but a more conservative valuation framework. Benzinga
• Negative Sentiment: The Portnoy Law Firm has opened an investigation into potential securities fraud at Commvault and may file a class action. Even if not material yet, legal inquiries increase headline risk and can pressure sentiment and valuation until resolved. Commvault Systems, Inc. Investigated by the Portnoy Law Firm
• Negative Sentiment: Market commentary notes a recent sharp price jump on heavy volume but warns that the trend in earnings‑estimate revisions may limit near‑term upside — momentum could fade if estimates don’t follow. Strength Seen in Commvault (CVLT): Can Its 10.3% Jump Turn into More Strength?

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.

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