Cantor Fitzgerald Has Weak Outlook for CVLT FY2026 Earnings

CommVault Systems, Inc. (NASDAQ:CVLT) – Stock analysts at Cantor Fitzgerald reduced their FY2026 earnings per share estimates for shares of CommVault Systems in a research report issued on Wednesday, July 30th. Cantor Fitzgerald analyst T. Blakey now forecasts that the software maker will earn $2.13 per share for the year, down from their prior estimate of $2.15. The consensus estimate for CommVault Systems’ current full-year earnings is $1.65 per share.

Several other brokerages also recently issued reports on CVLT. Oppenheimer boosted their target price on shares of CommVault Systems from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, April 30th. Piper Sandler raised their price target on CommVault Systems from $168.00 to $170.00 and gave the company a “neutral” rating in a research report on Monday, July 14th. KeyCorp raised their price target on CommVault Systems from $195.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday. Guggenheim raised CommVault Systems from a “neutral” rating to a “buy” rating and set a $210.00 price target on the stock in a research report on Wednesday, July 16th. Finally, Wall Street Zen raised CommVault Systems from a “hold” rating to a “buy” rating in a research report on Thursday, May 1st. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $204.38.

CommVault Systems Stock Up 0.1%

Shares of NASDAQ:CVLT opened at $193.37 on Thursday. The company’s fifty day moving average is $176.62 and its two-hundred day moving average is $168.60. CommVault Systems has a 12-month low of $127.35 and a 12-month high of $200.68. The company has a market cap of $8.61 billion, a P/E ratio of 107.43 and a beta of 0.73.

CommVault Systems (NASDAQ:CVLT) last announced its earnings results on Tuesday, April 29th. The software maker reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.10. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. The company had revenue of $275.04 million for the quarter, compared to the consensus estimate of $262.52 million. During the same period in the previous year, the business earned $0.79 EPS. The company’s revenue was up 23.2% on a year-over-year basis.

Insider Activity at CommVault Systems

In other CommVault Systems news, insider Gary Merrill sold 1,748 shares of CommVault Systems stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $174.91, for a total transaction of $305,742.68. Following the completion of the sale, the insider owned 89,923 shares of the company’s stock, valued at approximately $15,728,431.93. The trade was a 1.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Nicola Adamo sold 1,500 shares of CommVault Systems stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $169.74, for a total transaction of $254,610.00. Following the transaction, the director directly owned 16,178 shares in the company, valued at approximately $2,746,053.72. This represents a 8.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,957 shares of company stock valued at $859,428 over the last quarter. Corporate insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On CommVault Systems

Several institutional investors have recently added to or reduced their stakes in CVLT. Renaissance Technologies LLC lifted its position in CommVault Systems by 1.3% during the 4th quarter. Renaissance Technologies LLC now owns 1,909,185 shares of the software maker’s stock worth $288,115,000 after buying an additional 24,900 shares in the last quarter. Invesco Ltd. increased its stake in shares of CommVault Systems by 7.1% during the 1st quarter. Invesco Ltd. now owns 1,777,307 shares of the software maker’s stock worth $280,388,000 after purchasing an additional 117,199 shares during the last quarter. Acadian Asset Management LLC increased its stake in shares of CommVault Systems by 2.9% during the 1st quarter. Acadian Asset Management LLC now owns 1,505,357 shares of the software maker’s stock worth $237,454,000 after purchasing an additional 43,075 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of CommVault Systems by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 1,288,068 shares of the software maker’s stock worth $194,681,000 after purchasing an additional 43,088 shares during the last quarter. Finally, Nuveen LLC acquired a new position in shares of CommVault Systems during the 1st quarter worth about $116,223,000. 93.50% of the stock is owned by institutional investors.

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.