Commvault Systems Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Commvault Systems in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Commvault Systems stock.
View analyst ratings for Commvault Systems or view top-rated stocks.

Wall Street analysts have given Commvault Systems a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Commvault Systems wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Commvault Systems is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Commvault Systems.

Commvault Systems, Inc. (NASDAQ:CVLT) posted its quarterly earnings data on Tuesday, May, 4th. The software maker reported $0.59 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.48 by $0.11. The software maker earned $191.34 million during the quarter, compared to the consensus estimate of $182.37 million. Commvault Systems had a negative net margin of 4.28% and a positive trailing twelve-month return on equity of 7.93%. The company's revenue was up 16.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.30 earnings per share.
View Commvault Systems' earnings history.

Commvault Systems' stock was trading at $35.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CVLT stock has increased by 127.6% and is now trading at $81.35.
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Commvault Systems updated its first quarter 2022 earnings guidance on Wednesday, May, 26th. The company provided EPS guidance of - for the period. The company issued revenue guidance of $181 million-$181 million, compared to the consensus revenue estimate of $181.74 million.

7 brokerages have issued 12 month target prices for Commvault Systems' stock. Their forecasts range from $50.00 to $86.00. On average, they anticipate Commvault Systems' stock price to reach $71.14 in the next year. This suggests that the stock has a possible downside of 12.5%.
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70 employees have rated Commvault Systems CEO Sanjay Mirchandani on Glassdoor.com. Sanjay Mirchandani has an approval rating of 66% among Commvault Systems' employees.

Some companies that are related to Commvault Systems include Microsoft (MSFT), Oracle (ORCL), ServiceNow (NOW), VMware (VMW), Fortinet (FTNT), Axon Enterprise (AXON), Proofpoint (PFPT), C3.ai (AI), Qualys (QLYS), Progress Software (PRGS) and FalconStor Software (FALC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Commvault Systems investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), ALJ Regional (ALJJ), Gran Tierra Energy (GTE) and Precision Drilling (PD).

Commvault Systems trades on the NASDAQ under the ticker symbol "CVLT."

Commvault Systems' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.26%), Starboard Value LP (9.25%), Alliancebernstein L.P. (6.32%), Renaissance Technologies LLC (4.88%), Acadian Asset Management LLC (2.08%) and Geode Capital Management LLC (1.80%). Company insiders that own Commvault Systems stock include Al Bunte, Blasio Riccardo Di, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, James J Whalen and Sanjay Mirchandani.
View institutional ownership trends for Commvault Systems.

CVLT stock was sold by a variety of institutional investors in the last quarter, including Friess Associates LLC, D. E. Shaw & Co. Inc., Renaissance Technologies LLC, Lynrock Lake LP, Man Group plc, Starboard Value LP, Rothschild & Co. Asset Management US Inc., and EVR Research LP. Company insiders that have sold Commvault Systems company stock in the last year include Blasio Riccardo Di, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, James J Whalen, and Sanjay Mirchandani.
View insider buying and selling activity for Commvault Systems or view top insider-selling stocks.

CVLT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Arrowstreet Capital Limited Partnership, Goldman Sachs Group Inc., Acadian Asset Management LLC, Factorial Partners LLC, Fort Washington Investment Advisors Inc. OH, The Manufacturers Life Insurance Company, and Lisanti Capital Growth LLC.
View insider buying and selling activity for Commvault Systems or or view top insider-buying stocks.

Shares of CVLT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CVLT stock can currently be purchased for approximately $81.35.

Commvault Systems has a market capitalization of $3.74 billion and generates $723.47 million in revenue each year. The software maker earns $-30,950,000.00 in net income (profit) each year or $0.82 on an earnings per share basis.

Commvault Systems employs 2,671 workers across the globe.

The official website for Commvault Systems is www.commvault.com.

Commvault Systems is headquartered at 1 COMMVAULT WAY, TINTON FALLS NJ, 07724.

Commvault Systems' mailing address is 1 COMMVAULT WAY, TINTON FALLS NJ, 07724. The software maker can be reached via phone at 732-870-4000 or via email at [email protected]