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.
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Wall Street analysts have given Commvault Systems a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Commvault Systems wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Commvault Systems saw a drop in short interest in March. As of March 15th, there was short interest totaling 1,020,000 shares, a drop of 17.1% from the February 28th total of 1,230,000 shares. Based on an average trading volume of 381,300 shares, the short-interest ratio is currently 2.7 days.
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Commvault Systems is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Commvault Systems.

Commvault Systems will be holding an earnings conference call on Tuesday, May 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Commvault Systems, Inc. (NASDAQ:CVLT) released its quarterly earnings results on Tuesday, January, 26th. The software maker reported $0.57 EPS for the quarter, beating the Zacks' consensus estimate of $0.47 by $0.10. The software maker had revenue of $188 million for the quarter, compared to the consensus estimate of $175.57 million. Commvault Systems had a positive trailing twelve-month return on equity of 4.52% and a negative net margin of 4.47%. The business's revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.47 EPS.
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. Since then, CVLT shares have increased by 91.6% and is now trading at $68.51.
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7 analysts have issued 1-year price objectives for Commvault Systems' shares. Their forecasts range from $50.00 to $75.00. On average, they expect Commvault Systems' share price to reach $65.14 in the next year. This suggests that the stock has a possible downside of 4.9%.
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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 many different institutional and retail investors. Top institutional investors include Retirement Systems of Alabama (0.50%), Oregon Public Employees Retirement Fund (0.03%), Louisiana State Employees Retirement System (0.03%), State of Alaska Department of Revenue (0.02%), Exchange Traded Concepts LLC (0.02%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own Commvault Systems stock include Al Bunte, Blasio Riccardo Di, Brian Carolan, David F Walker, Gary B Smith, 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 Retirement Systems of Alabama, Exchange Traded Concepts LLC, and State of Alaska Department of Revenue. 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, James J Whalen, and Sanjay Mirchandani.
View insider buying and selling activity for Commvault Systems or view top insider-selling stocks.

CVLT stock was acquired by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., Louisiana State Employees Retirement System, and Oregon Public Employees Retirement Fund.
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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 $68.51.

Commvault Systems has a market capitalization of $3.22 billion and generates $670.89 million in revenue each year. The software maker earns $-5,640,000.00 in net income (profit) each year or $0.43 on an earnings per share basis.

Commvault Systems employs 2,600 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]