CommVault Systems (NASDAQ:CVLT) Price Target Raised to $175.00 at Mizuho

CommVault Systems (NASDAQ:CVLT) had its price objective hoisted by equities research analysts at Mizuho from $140.00 to $175.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the software maker’s stock. Mizuho’s target price indicates a potential upside of 20.17% from the company’s previous close.

Several other equities research analysts have also weighed in on the company. Loop Capital began coverage on CommVault Systems in a research report on Tuesday, March 24th. They issued a “buy” rating and a $125.00 target price on the stock. Wall Street Zen lowered shares of CommVault Systems from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Zacks Research cut shares of CommVault Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, May 1st. Scotiabank lifted their price objective on shares of CommVault Systems from $105.00 to $110.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 29th. Finally, Jefferies Financial Group started coverage on shares of CommVault Systems in a research note on Monday, April 27th. They set a “hold” rating and a $105.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $138.67.

CommVault Systems Stock Performance

CVLT traded down $3.00 on Wednesday, hitting $145.63. 210,380 shares of the company’s stock were exchanged, compared to its average volume of 986,484. The firm has a market cap of $6.03 billion, a PE ratio of 91.59 and a beta of 0.79. CommVault Systems has a twelve month low of $71.75 and a twelve month high of $200.68. The stock has a fifty day moving average of $124.15 and a two-hundred day moving average of $105.84. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 117.54.

CommVault Systems (NASDAQ:CVLT) last issued its earnings results on Tuesday, April 28th. The software maker reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.19. The company had revenue of $311.69 million during the quarter, compared to the consensus estimate of $306.71 million. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.CommVault Systems’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.03 earnings per share. On average, research analysts anticipate that CommVault Systems will post 2.88 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Sanjay Mirchandani sold 8,450 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $99.13, for a total value of $837,648.50. Following the completion of the transaction, the chief executive officer owned 306,927 shares in the company, valued at $30,425,673.51. This represents a 2.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Danielle Nicole Abrahamsen sold 254 shares of the business’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $150.00, for a total transaction of $38,100.00. Following the sale, the chief accounting officer owned 13,156 shares in the company, valued at $1,973,400. This trade represents a 1.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 55,279 shares of company stock valued at $5,786,557 over the last 90 days. 0.86% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CommVault Systems

Hedge funds have recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in CommVault Systems by 8.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 147,410 shares of the software maker’s stock worth $23,255,000 after acquiring an additional 11,700 shares during the period. Sivia Capital Partners LLC acquired a new stake in CommVault Systems in the 2nd quarter valued at about $327,000. Cetera Investment Advisers boosted its position in shares of CommVault Systems by 13.4% during the 2nd quarter. Cetera Investment Advisers now owns 2,486 shares of the software maker’s stock valued at $433,000 after purchasing an additional 294 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of CommVault Systems by 188.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock worth $47,000 after purchasing an additional 177 shares during the last quarter. Finally, Guggenheim Capital LLC grew its stake in shares of CommVault Systems by 43.8% in the 2nd quarter. Guggenheim Capital LLC now owns 4,245 shares of the software maker’s stock worth $740,000 after purchasing an additional 1,293 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting CommVault Systems

Here are the key news stories impacting CommVault Systems this week:

• Negative Sentiment: Multiple law firms, including Robbins Geller, Faruqi & Faruqi, Hagens Berman, Pomerantz, Rosen, and others, issued reminders that investors who bought CVLT during the alleged class period may seek lead-plaintiff status before the July 17 deadline. These notices keep legal risk and potential liability front and center for shareholders. Article Title
• Negative Sentiment: The lawsuits allege investor harm over a broad class period that was expanded in some notices to cover purchases from January 28, 2025 through January 26, 2026, increasing the number of potentially affected shareholders and reinforcing uncertainty around the company. Article Title
• Neutral Sentiment: These updates are procedural in nature and do not include a new operational or financial announcement from CommVault, but they can still weigh on sentiment until the litigation picture becomes clearer. Article Title

About CommVault Systems

Commvault Systems, Inc is a global provider of data protection and information management software designed to help organizations manage, protect, and activate data across on-premises and cloud environments. Founded in 1996 and headquartered in Tinton Falls, New Jersey, Commvault offers a suite of integrated products and services that enable enterprises to back up, recover, archive, and analyze data. Its flagship solutions include Commvault Complete Data Protection, Commvault HyperScale, and the SaaS-based Metallic portfolio, which deliver scalable and automated data management capabilities across hybrid infrastructure environments.

Commvault’s platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.