FY2026 EPS Estimates for CVLT Reduced by Cantor Fitzgerald

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) - Equities researchers at Cantor Fitzgerald decreased their FY2026 earnings per share (EPS) estimates for CommVault Systems in a research note issued to investors on Wednesday, July 30th. Cantor Fitzgerald analyst T. Blakey now anticipates that the software maker will post earnings of $2.13 per share for the year, down from their previous forecast 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. Wall Street Zen raised CommVault Systems from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. Piper Sandler boosted their price target on CommVault Systems from $168.00 to $170.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Wells Fargo & Company boosted their price target on CommVault Systems from $190.00 to $220.00 and gave the company an "overweight" rating in a report on Wednesday, July 30th. Guggenheim set a $220.00 price target on CommVault Systems in a report on Tuesday, July 29th. Finally, Royal Bank Of Canada boosted their price target on CommVault Systems from $185.00 to $217.00 and gave the company a "sector perform" rating in a report on Wednesday, July 30th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $205.63.

CommVault Systems Price Performance

Shares of CVLT traded up $4.36 during mid-day trading on Thursday, reaching $184.09. 192,330 shares of the company's stock traded hands, compared to its average volume of 495,940. The stock has a market cap of $8.18 billion, a P/E ratio of 102.25 and a beta of 0.70. The stock's 50-day moving average is $177.02 and its two-hundred day moving average is $169.07. CommVault Systems has a 12 month low of $127.35 and a 12 month high of $200.68.

Insiders Place Their Bets

In other 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 transaction of $305,742.68. Following the completion of the sale, the insider owned 89,923 shares in the company, valued at approximately $15,728,431.93. This represents a 1.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sanjay Mirchandani sold 1,709 shares of the stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $175.00, for a total value of $299,075.00. Following the sale, the chief executive officer owned 469,648 shares of the company's stock, valued at approximately $82,188,400. This represents a 0.36% decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On CommVault Systems

Several hedge funds have recently made changes to their positions in CVLT. Commonwealth Equity Services LLC grew its position in CommVault Systems by 8.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 3,040 shares of the software maker's stock worth $459,000 after purchasing an additional 244 shares during the period. American Century Companies Inc. grew its position in CommVault Systems by 1.6% during the 4th quarter. American Century Companies Inc. now owns 19,873 shares of the software maker's stock worth $2,999,000 after purchasing an additional 304 shares during the period. Norges Bank acquired a new stake in CommVault Systems during the 4th quarter worth about $79,619,000. Pictet Asset Management Holding SA grew its position in CommVault Systems by 13.4% during the 4th quarter. Pictet Asset Management Holding SA now owns 6,091 shares of the software maker's stock worth $919,000 after purchasing an additional 721 shares during the period. Finally, Meeder Asset Management Inc. acquired a new stake in CommVault Systems during the 4th quarter worth about $127,000. 93.50% of the stock is owned by institutional investors and hedge funds.

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.