CommVault Systems (NASDAQ:CVLT) Price Target Raised to $125.00

Key Points

• KeyCorp raised its price target on CommVault from $108 to $125 and kept an "overweight" rating, implying roughly a 25.5% upside from the prior close.
• CommVault beat Q4 estimates with EPS $1.28 vs. $1.09 and revenue $311.7M vs. $306.8M; ARR grew ~21% YoY and the company reported a record $132M in free cash flow, supporting its growth story.
• Insider selling noted — CEO Sanjay Mirchandani sold 10,052 shares and insiders disposed of 31,355 shares (~$2.61M) over the last 90 days; insiders now own about 1% of the company.

CommVault Systems (NASDAQ:CVLT - Get Free Report) had its price objective increased by analysts at KeyCorp from $108.00 to $125.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has an "overweight" rating on the software maker's stock. KeyCorp's price target would suggest a potential upside of 25.54% from the stock's previous close.

CVLT has been the subject of a number of other reports. Oppenheimer decreased their price objective on CommVault Systems from $180.00 to $150.00 and set an "outperform" rating for the company in a research report on Wednesday, January 28th. Guggenheim decreased their price target on CommVault Systems from $200.00 to $175.00 and set a "buy" rating for the company in a report on Wednesday, January 28th. William Blair reissued a "market perform" rating on shares of CommVault Systems in a research note on Monday, March 23rd. Scotiabank began coverage on shares of CommVault Systems in a research note on Tuesday, April 21st. They issued a "sector perform" rating and a $105.00 target price for the company. Finally, Zacks Research raised shares of CommVault Systems from a "hold" rating to a "strong-buy" rating in a report on Friday, January 30th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, CommVault Systems presently has an average rating of "Moderate Buy" and a consensus price target of $134.00.

CommVault Systems Stock Performance

CommVault Systems stock traded up $1.59 during midday trading on Wednesday, hitting $99.57. 80,935 shares of the company's stock were exchanged, compared to its average volume of 1,106,604. The company has a debt-to-equity ratio of 4.06, a quick ratio of 2.34 and a current ratio of 2.34. The stock has a market cap of $4.38 billion, a price-to-earnings ratio of 51.34 and a beta of 0.63. CommVault Systems has a 12-month low of $71.75 and a 12-month high of $200.68. The firm's 50 day simple moving average is $85.24 and its 200 day simple moving average is $110.69.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last announced its earnings results on Tuesday, April 28th. The software maker reported $1.28 EPS for the quarter, beating analysts' consensus estimates of $1.09 by $0.19. CommVault Systems had a net margin of 7.58% and a return on equity of 37.38%. The business had revenue of $311.69 million during the quarter, compared to analysts' expectations of $306.75 million. During the same period in the prior year, the company earned $1.03 earnings per share. The business's revenue was up 13.3% compared to the same quarter last year. Equities research analysts predict that CommVault Systems will post 2.15 EPS for the current year.

Insider Buying and Selling at CommVault Systems

In other news, CEO Sanjay Mirchandani sold 10,052 shares of the company's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $80.09, for a total transaction of $805,064.68. Following the transaction, the chief executive officer directly owned 332,529 shares of the company's stock, valued at $26,632,247.61. This represents a 2.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Gary Merrill sold 1,892 shares of the firm's stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $91.28, for a total transaction of $172,701.76. Following the completion of the sale, the insider owned 62,833 shares of the company's stock, valued at $5,735,396.24. This trade represents a 2.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 31,355 shares of company stock worth $2,613,165 over the last 90 days. Insiders own 1.00% of the company's stock.

Hedge Funds Weigh In On CommVault Systems

Several hedge funds have recently bought and sold shares of the company. State of Wyoming acquired a new position in CommVault Systems during the second quarter worth $35,000. FNY Investment Advisers LLC acquired a new stake in CommVault Systems in the fourth quarter valued at $36,000. Banque Cantonale Vaudoise purchased a new position in shares of CommVault Systems in the third quarter valued at $39,000. Assetmark Inc. increased its position 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. Finally, Cullen Frost Bankers Inc. raised its stake in shares of CommVault Systems by 43.8% during 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 last quarter. 93.50% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting CommVault Systems

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

• Positive Sentiment: Commvault beat consensus on the quarter: GAAP EPS $1.28 vs. ~$1.09 estimate and revenue $311.7M vs. ~$306.8M; revenue rose ~13% year‑over‑year — a clear driver of the rally. PR News Release / Slide Deck
• Positive Sentiment: Strength in recurring metrics and cash flow: reported ARR grew +21% YoY with $44M constant‑currency net new ARR and a record $132M free cash flow in the quarter — supports growth story and valuation justification. Commvault PR News Release
• Positive Sentiment: Analyst/media reaction highlights the quarter as a material win for shareholders and helped spike buying interest. Coverage noting the beat and commentary pushed the stock higher. Fool: Why CommVault Stock Is Skyrocketing Today
• Neutral Sentiment: Quarterly margins and ROE looked solid (net margin ~7.6%, ROE ~37%), but these are already reflected to some extent in the stock’s multiple (trailing P/E ~50.6). Zacks: Key Metrics Versus Estimates
• Neutral Sentiment: Management provided Q1 revenue guidance of ~$310M (essentially in line with the ~$310.6M consensus) and FY revenue guidance around $1.3B — revenue targets are not a material beat, so further upside will depend on execution and margin leverage. PR News Release / Slide Deck
• Negative Sentiment: Management omitted explicit EPS guidance for Q1 and FY in public disclosures, which introduces near‑term earnings visibility risk and may increase volatility into the next reporting period. Earnings Presentation / Call (Seeking Alpha)

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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