CommVault Systems (NASDAQ:CVLT) Price Target Raised to $160.00

Posted by Stanley Muller on Oct 15th, 2026

CommVault Systems (NASDAQ:CVLT – Free Report) had its price target raised by Royal Bank Of Canada from $150.00 to $160.00 in a report published on Monday,Benzinga reports. The brokerage currently has a sector perform rating on the software maker’s stock.

CVLT has been the topic of several other research reports. Piper Sandler lowered shares of CommVault Systems from an “overweight” rating to a “neutral” rating and set a $133.00 price target on the stock. in a research report on Tuesday, July 28th. UBS Group reiterated a “neutral” rating on shares of CommVault Systems in a research report on Monday, July 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of CommVault Systems in a research report on Friday, September 11th. KeyCorp raised their price objective on CommVault Systems from $125.00 to $175.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Finally, Truist Financial lifted their target price on CommVault Systems from $155.00 to $182.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $157.62.

Read Our Latest Report on CommVault Systems

CommVault Systems Stock Performance

NASDAQ:CVLT opened at $154.33 on Monday. CommVault Systems has a twelve month low of $71.75 and a twelve month high of $177.81. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 16.94. The company has a 50-day moving average of $142.46 and a 200-day moving average of $125.35. The firm has a market cap of $6.40 billion, a price-to-earnings ratio of 63.54 and a beta of 0.79.

CommVault Systems (NASDAQ:CVLT – Get Free Report) last released its earnings results on Tuesday, July 28th. The software maker reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.26. CommVault Systems had a net margin of 5.62% and a return on equity of 88.75%. The business had revenue of $314.13 million for the quarter, compared to the consensus estimate of $310.43 million. During the same period in the previous year, the firm earned $1.01 EPS. The business’s revenue for the quarter was up 11.4% on a year-over-year basis. Analysts forecast that CommVault Systems will post 2.84 earnings per share for the current fiscal year.

Insider Activity at CommVault Systems

In other CommVault Systems news, CAO Danielle Abrahamsen sold 486 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $142.80, for a total value of $69,400.80. Following the completion of the transaction, the chief accounting officer directly owned 12,160 shares in the company, valued at $1,736,448. This trade represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 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, CEO Sanjay Mirchandani sold 6,857 shares of CommVault Systems stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $142.80, for a total transaction of $979,179.60. Following the completion of the transaction, the chief executive officer directly owned 257,676 shares in the company, valued at approximately $36,796,132.80. This trade represents a 2.59% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 29,348 shares of company stock valued at $4,202,441. Corporate insiders own 0.86% of the company’s stock.

Institutional Investors Weigh In On CommVault Systems

Several hedge funds have recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of CommVault Systems in the second quarter worth $855,420,000. Pictet Asset Management Holding SA raised its holdings in shares of CommVault Systems by 36.2% during the first quarter. Pictet Asset Management Holding SA now owns 1,239,225 shares of the software maker’s stock worth $96,447,000 after acquiring an additional 329,243 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of CommVault Systems during the second quarter worth $65,765,000. American Capital Management Inc. acquired a new stake in CommVault Systems during the second quarter valued at $62,493,000. Finally, Wellington Management Group LLP boosted its position in CommVault Systems by 57.1% during the second quarter. Wellington Management Group LLP now owns 402,054 shares of the software maker’s stock valued at $56,983,000 after purchasing an additional 146,055 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

CommVault Systems Company Profile

(Get Free Report)

Commvault Systems, Inc develops data protection, cyber resilience and information management software and services. Its platform helps organizations back up, recover, manage and secure data across on-premises data centers, public and private clouds, software-as-a-service applications and endpoint environments.

The company’s offerings include backup and recovery, disaster recovery, cyber-recovery capabilities, ransomware protection, data governance and workload management. Commvault also provides cloud-based services through its Commvault Cloud platform, designed to help customers detect threats, protect critical workloads and restore operations following data loss or cyberattacks.

Commvault serves businesses, government organizations and other institutions worldwide through direct sales, partners and service providers.