Equities Analysts Offer Predictions for CVLT FY2026 Earnings

Key Points

• CommVault Systems' FY2026 earnings per share estimates were lowered by Cantor Fitzgerald from $2.15 to $2.13, while the current full-year earnings consensus is $1.65 per share.
• The company reported a 23.2% year-over-year revenue increase, with quarterly earnings of $1.03 per share, surpassing analyst expectations.
• Multiple analysts have upgraded CommVault Systems to a buy rating, with average price targets now around $204.38.

CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) - Investment analysts at Cantor Fitzgerald dropped their FY2026 EPS estimates for CommVault Systems in a report released on Wednesday, July 30th. Cantor Fitzgerald analyst T. Blakey now expects that the software maker will earn $2.13 per share for the year, down from their prior estimate of $2.15. The consensus estimate for CommVault Systems' current full-year earnings is $1.65 per share.

A number of other research firms have also recently commented on CVLT. Wells Fargo & Company lifted their price target on shares of CommVault Systems from $190.00 to $220.00 and gave the stock an "overweight" rating in a research note on Wednesday. Wall Street Zen raised shares of CommVault Systems from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. Piper Sandler increased their price objective on CommVault Systems from $168.00 to $170.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. Oppenheimer lifted their target price on CommVault Systems from $180.00 to $200.00 and gave the company an "outperform" rating in a research report on Wednesday, April 30th. Finally, Guggenheim set a $220.00 price target on CommVault Systems in a research note on Tuesday. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $205.63.

CommVault Systems Price Performance

Shares of NASDAQ CVLT traded down $10.22 during mid-day trading on Thursday, hitting $179.73. 515,257 shares of the company's stock traded hands, compared to its average volume of 501,117. The company has a market capitalization of $7.99 billion, a P/E ratio of 99.85 and a beta of 0.70. CommVault Systems has a 1 year low of $127.35 and a 1 year high of $200.68. The company's 50-day moving average is $177.02 and its two-hundred day moving average is $168.97.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The software maker reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.10. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. The company had revenue of $275.04 million for the quarter, compared to the consensus estimate of $262.52 million. During the same quarter in the prior year, the firm earned $0.79 earnings per share. CommVault Systems's revenue was up 23.2% on a year-over-year basis.

Institutional Investors Weigh In On CommVault Systems

A number of institutional investors have recently made changes to their positions in CVLT. Benjamin Edwards Inc. raised its holdings in shares of CommVault Systems by 3.3% in the 4th quarter. Benjamin Edwards Inc. now owns 1,803 shares of the software maker's stock valued at $272,000 after buying an additional 58 shares during the period. Hancock Whitney Corp lifted its position in shares of CommVault Systems by 1.0% during the fourth quarter. Hancock Whitney Corp now owns 5,781 shares of the software maker's stock worth $872,000 after purchasing an additional 60 shares in the last quarter. Frank Rimerman Advisors LLC lifted its position in shares of CommVault Systems by 3.8% during the first quarter. Frank Rimerman Advisors LLC now owns 1,709 shares of the software maker's stock worth $270,000 after purchasing an additional 63 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its position in shares of CommVault Systems by 1.3% during the first quarter. NorthCrest Asset Manangement LLC now owns 5,753 shares of the software maker's stock worth $908,000 after purchasing an additional 72 shares in the last quarter. Finally, SBI Securities Co. Ltd. lifted its position in shares of CommVault Systems by 101.3% during the first quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker's stock worth $25,000 after purchasing an additional 80 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at CommVault Systems

In related news, insider Gary Merrill sold 1,748 shares of the stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $174.91, for a total value of $305,742.68. Following the completion of the transaction, the insider directly owned 89,923 shares of the company's stock, valued at approximately $15,728,431.93. This represents a 1.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sanjay Mirchandani sold 1,709 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $175.00, for a total transaction of $299,075.00. Following the completion of the transaction, the chief executive officer directly owned 469,648 shares in the company, valued at $82,188,400. This trade represents a 0.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.00% of the stock is owned by company insiders.

About CommVault Systems

Commvault Systems, Inc provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls.