What is DA Davidson's Forecast for CVLT Q1 Earnings?

Commvault Systems, Inc. (NASDAQ:CVLT - Free Report) - Research analysts at DA Davidson issued their Q1 2026 EPS estimates for shares of Commvault Systems in a research note issued on Wednesday, April 30th. DA Davidson analyst R. Kessinger anticipates that the software maker will post earnings per share of $0.43 for the quarter. DA Davidson currently has a "Buy" rating and a $200.00 target price on the stock. The consensus estimate for Commvault Systems' current full-year earnings is $1.65 per share. DA Davidson also issued estimates for Commvault Systems' FY2026 earnings at $1.91 EPS.

CVLT has been the topic of a number of other reports. StockNews.com upgraded Commvault Systems from a "hold" rating to a "buy" rating in a research note on Thursday. Guggenheim reiterated a "neutral" rating on shares of Commvault Systems in a research report on Wednesday, April 23rd. Oppenheimer upped their target price on shares of Commvault Systems from $180.00 to $200.00 and gave the stock an "outperform" rating in a research report on Wednesday. Cantor Fitzgerald lifted their price target on Commvault Systems from $159.00 to $173.00 and gave the company a "neutral" rating in a report on Wednesday, January 29th. Finally, William Blair raised Commvault Systems from a "market perform" rating to an "outperform" rating in a report on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, Commvault Systems has a consensus rating of "Moderate Buy" and a consensus price target of $175.25.

Commvault Systems Price Performance

NASDAQ:CVLT traded up $6.53 during midday trading on Thursday, reaching $172.55. 403,441 shares of the company traded hands, compared to its average volume of 414,005. The firm has a market capitalization of $7.59 billion, a price-to-earnings ratio of 45.29 and a beta of 0.68. The company has a fifty day moving average price of $158.48 and a 200 day moving average price of $162.05. Commvault Systems has a twelve month low of $105.76 and a twelve month high of $190.11.

Commvault Systems (NASDAQ:CVLT - Get Free Report) last issued its earnings results on Tuesday, April 29th. The software maker reported $1.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.10. The firm had revenue of $275.04 million for the quarter, compared to analysts' expectations of $262.52 million. Commvault Systems had a net margin of 18.14% and a return on equity of 28.69%. Commvault Systems's revenue was up 23.2% on a year-over-year basis. During the same quarter last year, the company posted $0.79 earnings per share.

Institutional Trading of Commvault Systems

A number of hedge funds have recently modified their holdings of CVLT. Vanguard Group Inc. raised its position in Commvault Systems by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 5,636,559 shares of the software maker's stock valued at $850,613,000 after buying an additional 54,562 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Commvault Systems by 1.3% in the 4th quarter. Renaissance Technologies LLC now owns 1,909,185 shares of the software maker's stock valued at $288,115,000 after purchasing an additional 24,900 shares during the period. Invesco Ltd. lifted its position in shares of Commvault Systems by 57.7% in the fourth quarter. Invesco Ltd. now owns 1,660,108 shares of the software maker's stock worth $250,527,000 after purchasing an additional 607,643 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Commvault Systems by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 1,288,068 shares of the software maker's stock worth $194,681,000 after purchasing an additional 43,088 shares during the period. Finally, Northern Trust Corp grew its position in Commvault Systems by 9.8% during the fourth quarter. Northern Trust Corp now owns 651,973 shares of the software maker's stock valued at $98,389,000 after purchasing an additional 58,239 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company's stock.

Insiders Place Their Bets

In related news, insider Gary Merrill sold 3,287 shares of Commvault Systems stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $186.94, for a total value of $614,471.78. Following the transaction, the insider now owns 87,316 shares of the company's stock, valued at approximately $16,322,853.04. This trade represents a 3.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sanjay Mirchandani sold 12,318 shares of Commvault Systems stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $185.96, for a total transaction of $2,290,655.28. Following the completion of the transaction, the chief executive officer now directly owns 427,231 shares in the company, valued at approximately $79,447,876.76. This trade represents a 2.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by insiders.

Commvault Systems Company Profile

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.