Cantor Fitzgerald Comments on CVLT FY2026 Earnings

Commvault Systems, Inc. (NASDAQ:CVLT - Free Report) - Research analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of Commvault Systems in a research note issued on Monday, June 9th. Cantor Fitzgerald analyst T. Blakey forecasts that the software maker will post earnings per share of $2.15 for the year. The consensus estimate for Commvault Systems' current full-year earnings is $1.65 per share.

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

A number of other research firms have also commented on CVLT. DA Davidson upped their price target on shares of Commvault Systems from $185.00 to $200.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Piper Sandler lowered their price objective on shares of Commvault Systems from $154.00 to $147.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Royal Bank of Canada raised their target price on Commvault Systems from $175.00 to $185.00 and gave the stock a "sector perform" rating in a research note on Wednesday, April 30th. Oppenheimer upped their price objective on shares of Commvault Systems from $180.00 to $200.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Finally, Guggenheim reissued a "neutral" rating on shares of Commvault Systems in a research note on Wednesday, April 23rd. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $175.25.

Commvault Systems Trading Down 2.0%

CVLT stock traded down $3.83 during midday trading on Tuesday, hitting $187.16. The company had a trading volume of 494,283 shares, compared to its average volume of 424,797. Commvault Systems has a 52 week low of $112.58 and a 52 week high of $191.76. The stock has a market cap of $8.26 billion, a price-to-earnings ratio of 49.12 and a beta of 0.75. The stock's 50 day moving average price is $167.27 and its 200 day moving average price is $165.80.

Institutional Trading of Commvault Systems

Hedge funds have recently bought and sold shares of the company. Nuveen LLC bought a new stake in shares of Commvault Systems during the 1st quarter valued at about $116,223,000. Invesco Ltd. boosted its holdings 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 buying an additional 607,643 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in Commvault Systems by 604.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 647,525 shares of the software maker's stock valued at $98,479,000 after buying an additional 555,656 shares during the period. Norges Bank purchased a new stake in Commvault Systems during the fourth quarter valued at approximately $79,619,000. Finally, Wedge Capital Management L L P NC raised its position in Commvault Systems by 1,936.0% in the first quarter. Wedge Capital Management L L P NC now owns 360,355 shares of the software maker's stock worth $56,850,000 after acquiring an additional 342,656 shares during the period. Hedge funds and other institutional investors own 93.50% of the company's stock.

Insiders Place Their Bets

In related news, Director Nicola Adamo sold 1,500 shares of Commvault Systems stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $169.74, for a total value of $254,610.00. Following the completion of the sale, the director now directly owns 16,178 shares in the company, valued at approximately $2,746,053.72. This trade represents a 8.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gary Merrill sold 1,748 shares of the firm's stock in a transaction that occurred 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 now owns 89,923 shares in the company, valued at $15,728,431.93. This represents a 1.91% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,957 shares of company stock worth $859,428. 1.00% of the stock is currently owned by company 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.