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DOW   36,117.38
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S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
An Unusual Way to Invest in Gold (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
An Unusual Way to Invest in Gold (Ad)
Is Amazon a blue chip stock?
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Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
An Unusual Way to Invest in Gold (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
An Unusual Way to Invest in Gold (Ad)
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Consumer staples vs. consumer discretionary

Commvault Systems Stock Price, News & Analysis (NASDAQ:CVLT)

$75.37
+0.54 (+0.72%)
(As of 12/7/2023 ET)
Compare
Today's Range
$74.64
$75.69
50-Day Range
$63.91
$76.29
52-Week Range
$53.20
$78.80
Volume
268,540 shs
Average Volume
300,048 shs
Market Capitalization
$3.30 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$77.60

Commvault Systems MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
3.0% Upside
$77.60 Price Target
Short Interest
Healthy
1.98% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.85
Upright™ Environmental Score
News Sentiment
1.89mentions of Commvault Systems in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.40 M Sold Last Quarter
Proj. Earnings Growth
6.15%
From $1.30 to $1.38 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.84 out of 5 stars

Computer And Technology Sector

435th out of 591 stocks

Prepackaged Software Industry

122nd out of 170 stocks


CVLT stock logo

About Commvault Systems Stock (NASDAQ:CVLT)

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. It also provides Commvault HyperScale X, an easy-to-deploy scale-out solution; and Metallic Recovery Reserve, an easy button to adopt secure and scalable cloud storage in minutes. In addition, the company provides technology consulting, Ransomware recovery, education, and remote managed services. Further, it sells appliances that integrate the software with hardware for use in a range of business needs and use cases; and offers customer support, consulting, assessment and design, and installation services, as well as customer education and as-a-service under the Metallic brand. The company sells its products and services directly through its sales force, and indirectly through its network of distributors, value-added resellers, systems integrators, corporate resellers, and original equipment manufacturers to large enterprises, small or med-sized businesses, and government agencies. It supports customers in a range of industries, including banking, insurance and financial services, government, healthcare, pharmaceuticals and medical services, technology, legal, manufacturing, utilities, and energy. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey.

CVLT Stock Price History

CVLT Stock News Headlines

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
The Battery Metal Nobody Told You About
According to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech."
Commvault to Talk Cyber Resiliency at AWS re:Invent 2023
Bull of the Day: CommVault Systems (CVLT)
CommVault Systems Q2 2024 Earnings Preview
Customers are spending on cyber resilience: Commvault CEO
Commvault Announces Fiscal 2024 Second Quarter Financial Results
Commvault Q2 Net Income Rises; Total Revenues Up 7%
See More Headlines
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Company Calendar

Last Earnings
10/31/2023
Today
12/07/2023
Next Earnings (Estimated)
1/30/2024
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Systems Software
Current Symbol
NASDAQ:CVLT
CUSIP
20416610
Employees
2,779
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$77.60
High Stock Price Target
$86.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+3.0%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-35,770,000.00
Pretax Margin
0.75%

Debt

Sales & Book Value

Annual Sales
$797.70 million
Cash Flow
$1.50 per share
Book Value
$4.18 per share

Miscellaneous

Free Float
43,354,000
Market Cap
$3.30 billion
Optionable
Optionable
Beta
0.59

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Key Executives















CVLT Stock Analysis - Frequently Asked Questions

Should I buy or sell Commvault Systems stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commvault Systems in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CVLT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CVLT, but not buy additional shares or sell existing shares.
View CVLT analyst ratings
or view top-rated stocks.

What is Commvault Systems' stock price target for 2024?

5 analysts have issued 12 month price objectives for Commvault Systems' shares. Their CVLT share price targets range from $65.00 to $86.00. On average, they anticipate the company's share price to reach $77.60 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price.
View analysts price targets for CVLT
or view top-rated stocks among Wall Street analysts.

How have CVLT shares performed in 2023?

Commvault Systems' stock was trading at $62.84 at the start of the year. Since then, CVLT shares have increased by 19.9% and is now trading at $75.37.
View the best growth stocks for 2023 here
.

When is Commvault Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our CVLT earnings forecast
.

How were Commvault Systems' earnings last quarter?

Commvault Systems, Inc. (NASDAQ:CVLT) released its earnings results on Tuesday, October, 31st. The software maker reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.04. The software maker had revenue of $201 million for the quarter, compared to analysts' expectations of $195.47 million. Commvault Systems had a positive trailing twelve-month return on equity of 23.96% and a negative net margin of 2.28%.

What is Sanjay Mirchandani's approval rating as Commvault Systems' CEO?

70 employees have rated Commvault Systems Chief Executive Officer Sanjay Mirchandani on Glassdoor.com. Sanjay Mirchandani has an approval rating of 66% among the company's employees.

What other stocks do shareholders of Commvault Systems own?

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).

Who are Commvault Systems' major shareholders?

Commvault Systems' stock is owned by a number of institutional and retail investors. Top institutional investors include Mackenzie Financial Corp (4.37%), Morgan Stanley (2.96%), Acadian Asset Management LLC (2.86%), Invesco Ltd. (1.44%), Northern Trust Corp (1.43%) and Lord Abbett & CO. LLC (1.27%). Insiders that own company stock include Allison Pickens, Blasio Riccardo Di, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, James J Whalen, Martha Helena Bejar, Sanjay Mirchandani and Vivie Lee.
View institutional ownership trends
.

How do I buy shares of Commvault Systems?

Shares of CVLT stock 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.
Compare Top Brokerages Here.

Does Commvault Systems have any subsidiaries?
The following companies are subsidiares of Commvault Systems: Advanced Data Life Cycle Management Inc., CV Simpana Software (Proprietary) Limited, Commvault Capital Inc., Commvault Software Technology (Beijing) Co. Ltd, Commvault System (Istanbul) Inc., Commvault System S.L.U., Commvault Systems (Australia) Pty. Ltd., Commvault Systems (Austria) GmbH, Commvault Systems (Canada) Inc., Commvault Systems (Hong Kong) Limited, Commvault Systems (India) Private Limited, Commvault Systems (Israel) Ltd., Commvault Systems (Japan) KK, Commvault Systems (Malaysia) Sdn. Bhd., Commvault Systems (New Zealand) Limited, Commvault Systems (Poland) sp. zo.o., Commvault Systems (Singapore) Private Limited, Commvault Systems (Switzerland) GmbH, Commvault Systems (Thailand) Ltd., Commvault Systems AB Srl, Commvault Systems Belgium BVBA, Commvault Systems GmbH, Commvault Systems International B.V., Commvault Systems Ireland Limited, Commvault Systems Italia Srl, Commvault Systems Limited, Commvault Systems Mexico S. de R.L. de C.V., Commvault Tinton Falls Urban Renewal LLC, and Hedvig.
Read More
This page (NASDAQ:CVLT) was last updated on 12/8/2023 by MarketBeat.com Staff

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