Commvault Systems, Inc. (CVLT)

NASDAQ: CVLT · Real-Time Price · USD
170.96
+2.31 (1.37%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.37%
Market Cap 7.48B
Revenue (ttm) 898.05M
Net Income (ttm) 177.35M
Shares Out 43.73M
EPS (ttm) 3.94
PE Ratio 43.42
Forward PE 47.38
Dividend n/a
Ex-Dividend Date n/a
Volume 280,081
Open 168.34
Previous Close 168.65
Day's Range 167.00 - 171.85
52-Week Range 69.72 - 178.29
Beta 0.59
Analysts Buy
Price Target 155.43 (-9.08%)
Earnings Date Oct 29, 2024

About CVLT

Commvault Systems, Inc. provides a platform that enhances cyber resiliency by protecting the data in the United States and internationally. The company offers Operational Recovery that provides backup, verifiable recovery, and cost-optimized cloud workload mobility to ensure data availability and granular recovery; Autonomous Recovery for automated disaster and cyber recovery use cases to deliver backup, replication, and disaster recovery for all workloads, on-premises, in the cloud, across multiple clouds, and in hybrid environments; and Cyber... [Read more]

Sector Technology
IPO Date Sep 22, 2006
Employees 2,882
Stock Exchange NASDAQ
Ticker Symbol CVLT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for CVLT stock is "Buy." The 12-month stock price forecast is $155.43, which is a decrease of -9.08% from the latest price.

Price Target
$155.43
(-9.08% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Reimagine Resilience with Commvault and Clumio, a Commvault Company, at AWS re:Invent

Cyber resilience solutions for cloud-first enterprises showcased at booths #722 and #513 TINTON FALLS, N.J. , Nov. 20, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data p...

21 hours ago - PRNewsWire

Commvault's Growth To Outpace Legacy Competitors Like Dell And IBM, Analyst Says

Oppenheimer analyst Param Singh initiated coverage on Commvault Systems, Inc. CVLT with an Outperform rating and a price forecast of $200.

7 days ago - Benzinga

Commvault Systems, Inc. (CVLT) Q2 2025 Earnings Call Transcript

Commvault Systems, Inc. (NASDAQ:CVLT) Q2 2025 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Michael Melnyk - Director, IR Sanjay Mirchandani - President, CEO & Director Je...

22 days ago - Seeking Alpha

Commvault Announces Fiscal 2025 Second Quarter Financial Results

TINTON FALLS, N.J. , Oct. 29, 2024 /PRNewswire/ -- Commvault (Nasdaq: CVLT) today announced its financial results for the fiscal second quarter ended September 30, 2024.

22 days ago - PRNewsWire

Commvault Joins the Pax8 Marketplace to Bring Enterprise Data Protection to SMBs

DENVER, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Pax8, the leading cloud commerce marketplace, today announced that Commvault, a leader in cyber resilience and data protection solutions for hybrid cloud orga...

5 weeks ago - GlobeNewsWire

Commvault Enables New Levels of Cyber Readiness for Cloud-First Enterprises on the AWS Cloud

Commvault delivers the full Commvault Cloud cyber resilience platform on AWS, including Cleanroom Recovery, Commvault SaaS Offerings, Air Gap Protect, and Cloud Rewind LONDON , Oct. 8, 2024 /PRNewswir...

6 weeks ago - PRNewsWire

Commvault Launches Cloud Rewind - Transforming How Cloud-First Organizations Rapidly Recover After a Cyberattack

New discovery, reporting, recovery, and rebuild capabilities can help customers bounce back following an attack LONDON , Oct. 8, 2024 /PRNewswire/ -- COMMVAULT SHIFT -- Commvault, a leading provider o...

6 weeks ago - PRNewsWire

Commvault and Pure Storage Collaborate to Help Financial Institutions Meet Stringent DORA Requirements

Joint solution delivers cyber resiliency, operational readiness, and rapid recovery capabilities to address growing regulations. LONDON , Oct. 8, 2024 /PRNewswire/ -- COMMVAULT SHIFT -- Commvault, a l...

6 weeks ago - PRNewsWire

Commvault Expands Google Cloud Support with Advanced Cloud Backup and Cyber Recovery for Google Workspace

Commvault Cloud Backup & Recovery provides Google Workspace customers with comprehensive protection, multi-layered cyber resilience, and the simplicity of SaaS LONDON , Oct. 8, 2024 /PRNewswire/ -- CO...

6 weeks ago - PRNewsWire

Commvault acquires data backup provider Clumio

It must be acquisition season. Commvault, a publicly traded data protection and management software company, today announced that it intends to acquire data backup and recovery provider Clumio for an ...

2 months ago - TechCrunch

Commvault Accelerates Cyber Resilience Capabilities for AWS with Acquisition of Clumio

Commvault provides cloud-first organizations with greater choice and flexibility to protect and recover data and cloud-native applications in a multi-cloud era TINTON FALLS, N.J. , Sept. 24, 2024 /PRN...

2 months ago - PRNewsWire

Commvault Announces Second Quarter Fiscal 2025 Earnings Release Date

TINTON FALLS, N.J. , Sept. 24, 2024 /PRNewswire/ -- Commvault (NASDAQ: CVLT) - Commvault will webcast a discussion of its second quarter fiscal year 2025 earnings results on Tuesday, October 29, 2024 ...

2 months ago - PRNewsWire

Preparedness Pays Off: New Data Shows Breached Organizations Spend More Time, Money, and Effort on Cyber Resilience - And Reap the Benefits

Latest Commvault Research Reveals How Proactive Investments and Attention to Cyber Recovery Can Save Millions in the Event of a Breach TINTON FALLS, N.J. , Sept. 10, 2024 /PRNewswire/ -- Commvault, a ...

2 months ago - PRNewsWire

Commvault to Advance a New World of Cyber Readiness, Recovery, Resilience, and Continuous Business at SHIFT 2024

Live and virtual launch kicks off 40-city global SHIFT Roadshow TINTON FALLS, N.J. , Aug. 15, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for t...

3 months ago - PRNewsWire

Commvault Takes Top Position in 2024 GigaOm Sonar Report for Cloud-Native Data Protection

GigaOm names Commvault a hybrid cloud "Leader" and "Forward Mover," praising the Commvault Cloud platform, including Appranix rebuild and Cleanroom Recovery capabilities TINTON FALLS, N.J. , Aug. 8, 2...

3 months ago - PRNewsWire

Commvault Named a Leader for 13th Consecutive Time in the 2024 Gartner® Magic Quadrant™ for Enterprise Backup and Recovery Software Solutions

Positioned by Gartner as a Leader in its most recent report based on Completeness of Vision and Ability to Execute TINTON FALLS, N.J. , Aug. 7, 2024 /PRNewswire/ -- Commvault, a provider of cyber resi...

3 months ago - PRNewsWire

Acante Announces Partnership with Commvault to Bring Together the Best of Data Access Governance and Protection for Enterprise Cloud Data

PALO ALTO, Calif.--(BUSINESS WIRE)-- #AIsecurity--Acante, the leading provider of cutting-edge data access governance and security solutions for modern Data+AI environments, today announced a technolo...

3 months ago - Business Wire

Commvault Expands Cybersecurity Ecosystem with Leading Integration Partners

Major security ecosystem expansion with Acante, Dasera, Google Cloud, Splunk, and Wiz Commvault to discuss security integrations and cyber resilience innovations at Black Hat Conference TINTON FALLS, ...

3 months ago - PRNewsWire

Commvault Cloud with Microsoft 365 Backup Storage Delivers Choice, Enhanced Cyber Resilience and Recovery for Customers

Commvault Cloud with Premium Microsoft 365 Backup Storage delivers cyber resilience and recovery across Microsoft 365 workloads Native integration provides unified control with single-pane-of-glass mo...

4 months ago - PRNewsWire

Commvault Systems, Inc. (CVLT) Q1 2025 Earnings Call Transcript

Commvault Systems, Inc. (NASDAQ:CVLT) Q1 2025 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Michael Melnyk - Director, IR Sanjay Mirchandani - President, CEO & Director Gary ...

4 months ago - Seeking Alpha

Commvault Announces Fiscal 2025 First Quarter Financial Results

TINTON FALLS, N.J. , July 30, 2024 /PRNewswire/ -- Commvault [Nasdaq: CVLT] today announced its financial results for the fiscal first quarter ended June 30, 2024.

4 months ago - PRNewsWire

Commvault Appoints Pranay Ahlawat as Chief Technology and AI Officer

Ahlawat will spearhead ongoing product and AI innovation to help customers securely and responsibly navigate the ever-evolving threat landscape TINTON FALLS, N.J. , July 23, 2024 /PRNewswire/ -- Commv...

4 months ago - PRNewsWire

Commvault Cloud Listed in AWS "ICMP" for the US Federal Government

Commvault Cloud is now available to US Government Customers in ICMP TINTON FALLS, N.J. , July 16, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions f...

4 months ago - PRNewsWire

Commvault Systems: Leveraging SaaS Growth And Cyber Resilience For Future Market Domination

Commvault Systems specializes in data protection and information management, offering solutions for enterprises of all sizes. Recent developments include the launch of SaaS product Metallic and the ac...

4 months ago - Seeking Alpha

Commvault Names Company Veteran Gary Merrill as Chief Commercial Officer and Appoints Toast Executive Jennifer DiRico as Chief Financial Officer

Merrill and DiRico will work hand-in-hand to accelerate Commvault's next wave of growth TINTON FALLS, N.J. , July 8, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data pro...

4 months ago - PRNewsWire