Commvault Systems, Inc. (CVLT)

NASDAQ: CVLT · IEX Real-Time Price · USD
94.15
-0.48 (-0.51%)
Apr 18, 2024, 4:00 PM EDT - Market closed
-0.51%
Market Cap 4.11B
Revenue (ttm) 819.43M
Net Income (ttm) -707,000
Shares Out 43.66M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE 30.18
Dividend n/a
Ex-Dividend Date n/a
Volume 206,691
Open 94.74
Previous Close 94.63
Day's Range 94.07 - 96.02
52-Week Range 56.76 - 102.22
Beta 0.66
Analysts Buy
Price Target 85.60 (-9.08%)
Earnings Date Apr 30, 2024

About CVLT

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.... [Read more]

Sector Technology
IPO Date Sep 22, 2006
Employees 2,779
Stock Exchange NASDAQ
Ticker Symbol CVLT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for CVLT stock is "Buy." The 12-month stock price forecast is $85.6, which is a decrease of -9.08% from the latest price.

Price Target
$85.6
(-9.08% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Commvault Announces Acquisition of Appranix, Accelerating and Advancing Cyber Resilience for Enterprises Globally

Acquisition enables Commvault to solve a critical cyber resilience challenge facing enterprises today – rapidly rebuilding cloud applications after an outage or attack TINTON FALLS, N.J. , April 16, 2...

2 days ago - PRNewsWire

Commvault Welcomes Industry Veteran Ashley Baird to Lead the Company's Rapidly Expanding Hyperscaler Business

Baird brings more than 15 years of cloud expertise and leadership to Commvault TINTON FALLS, N.J. , April 10, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection...

8 days ago - PRNewsWire

Commvault Announces Fourth Quarter and Fiscal Year 2024 Earnings Release Date

TINTON FALLS, N.J. , April 2, 2024 /PRNewswire/ -- Commvault (NASDAQ: CVLT) - Commvault will webcast a discussion of its fourth quarter and fiscal year 2024 earnings results on Tuesday, April 30, 2024...

16 days ago - PRNewsWire

Commvault Announces Fiscal 2024 Third Quarter Financial Results

TINTON FALLS, N.J. , Jan. 30, 2024 /PRNewswire/ -- Commvault [Nasdaq: CVLT] today announced its financial results for the fiscal third quarter ended December 31, 2023.

2 months ago - PRNewsWire

Top Cybersecurity Luminaries Join Forces with Commvault to Shape the Next Era in Cyber Resilience

New Commvault Cyber Resilience Council members to advise and accelerate development of advanced cyber resilience solutions TINTON FALLS, N.J. , Jan. 29, 2024 /PRNewswire/ -- Commvault, a leading provi...

2 months ago - PRNewsWire

IT and Security Teams Increasingly United in Battle Against Sophisticated Cyberthreats, Research Finds

New report from Commvault and Futurum shows organizations rallying around AI to counter AI-driven threats in 2024 TINTON FALLS, N.J. , Jan. 25, 2024 /PRNewswire/ -- Commvault, a leading provider of cy...

3 months ago - PRNewsWire

Commvault Announces Third Quarter Fiscal 2024 Earnings Release Date

TINTON FALLS, N.J. , Jan. 4, 2024 /PRNewswire/ -- Commvault (NASDAQ: CVLT) - Commvault will webcast a discussion of its third quarter fiscal year 2024 earnings results on Tuesday, January 30, 2024 beg...

3 months ago - PRNewsWire

NACD Names Commvault's Nicholas Adamo a Top Corporate Director

NACD Directorship 100 Recognizes the Most Influential Corporate Directors and Governance Experts TINTON FALLS, N.J. , Dec. 14, 2023 /PRNewswire/ -- Commvault, a leading provider of data protection and...

4 months ago - PRNewsWire

Commvault Extends APAC Leadership with Two New Senior Appointments - Michel Borst, AVP, Asia and Joanne Dean, AVP Channel & Alliances, APAC

SINGAPORE and SYDNEY , Dec. 11, 2023 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for hybrid organizations, today expanded its Asia Pacific (APAC) le...

4 months ago - PRNewsWire

Commvault Taps Industry Veteran Anthony Anzevino to Lead Its Americas Sales Organization

Anzevino to accelerate adoption of Commvault's new cyber resilience platform that helps customers predict threats faster and make clean recoveries at the lowest TCO TINTON FALLS, N.J. , Dec. 7, 2023 /...

4 months ago - PRNewsWire

Commvault is a Proud Participant in the Microsoft Security Copilot Partner Private Preview

TINTON FALLS, N.J. , Nov. 15, 2023 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for hybrid cloud organizations, today announced its participation in ...

5 months ago - PRNewsWire

Introducing the First True Cloud Platform for Cyber Resilience in the Hybrid Enterprise: The Commvault Cloud, Powered by Metallic AI

Brings together data protection, security, intelligence, and recovery on one platform Offers AI capabilities to defeat cyber threats; includes integration with Microsoft Azure OpenAI Service Advances ...

5 months ago - PRNewsWire

Commvault Joins Forces with Leading Security, AI Companies to Help Customers Stay Ahead of Bad Actors and Escalating Cyber Threats

Key integrations between Commvault Cloud and security and AI partners can help customers advance data insights as well as threat detection, protection, mitigation, and recovery NEW YORK , Nov. 8, 2023...

5 months ago - PRNewsWire

Customers are spending on cyber resilience: Commvault CEO

The Biden administration hosted an event called the Counter Ransomware Initiative Summit Tuesday, convening representatives from over 40 countries and multiple businesses. The event was held in hopes ...

6 months ago - Yahoo Finance

Commvault Announces Fiscal 2024 Second Quarter Financial Results

TINTON FALLS, N.J. , Oct. 31, 2023 /PRNewswire/ -- Commvault [Nasdaq: CVLT] today announced its financial results for the fiscal second quarter ended September 30, 2023.

6 months ago - PRNewsWire

Commvault Appoints Global Cybersecurity Expert Melissa Hathaway to Chair the Commvault Cyber Resilience Council

Hathaway brings over three decades of cybersecurity and digital risk management strategy for governments, global organizations, and Fortune 500 companies TINTON FALLS, N.J. , Oct. 30, 2023 /PRNewswire...

6 months ago - PRNewsWire

Commvault Earns IRAP Certification, Meeting the Highest Security and Integrity Protocols Set by the Australian Government Required

Helping ensure exceptional data security and rapid recoverability for Australian government agencies and IT partners TINTON FALLS, N.J. , Oct. 26, 2023 /PRNewswire/ -- Commvault, a leading provider of...

6 months ago - PRNewsWire

Commvault Charts the Future of Cyber Resilience at SHIFT 2023

SHIFT attendees to hear the latest on AI-driven innovations, critical security advancements, and comprehensive partnerships that shape the future of cyber resilience TINTON FALLS, N.J. , Oct. 18, 2023...

6 months ago - PRNewsWire

Commvault Appoints Former DOD CNO Analyst and Master Operator Alex Janas as Field Chief Technology Officer, Security

New hire signals Commvault's continued commitment to redefining cyber resilience and securing modern hybrid enterprises TINTON FALLS, N.J. , Oct. 16, 2023 /PRNewswire/ -- Commvault®, an enterprise dat...

6 months ago - PRNewsWire

Cyber Insecurity: Report Finds Majority of Enterprises Expect an Imminent Cyber Attack

While boardroom alarms ring louder, the C-Suite's involvement in cyber preparedness is often still notably absent TINTON FALLS, N.J. , Oct. 16, 2023 /PRNewswire/ -- Commvault, a leading provider of da...

6 months ago - PRNewsWire

In an Era of Escalating Cyber Threats, Commvault and Lenovo Simplify Enterprise Data Protection and Speed Recovery in the Hybrid Cloud

-- Joint solution delivers a powerful combination of robust data protection, scalability, and operational efficiency to global customers -- TINTON FALLS, N.J. , Oct. 11, 2023 /PRNewswire/ -- Commvault...

6 months ago - PRNewsWire

Commvault Named "Threat Detection Solution Provider of the Year" in 7th Annual CyberSecurity Breakthrough Awards

Company Recognized for Cyber Resilience Capabilities by Prestigious International Awards Program TINTON FALLS, N.J. , Oct. 5, 2023 /PRNewswire/ -- Commvault®, an enterprise data protection leader for ...

7 months ago - PRNewsWire

Commvault Appoints Industry Veteran Richard Gadd as Senior Vice President of EMEA and India

Gadd will focus on driving growth in the region; Brings 25 years of industry experience including a strong track record of success at Cohesity and Hitachi Vantara   READING, England , Oct. 4, 2023 /PR...

7 months ago - PRNewsWire

Commvault Announces Second Quarter Fiscal 2024 Earnings Release Date

TINTON FALLS, N.J. , Oct. 3, 2023 /PRNewswire/ -- Commvault (NASDAQ: CVLT) - Commvault will webcast a discussion of its second quarter fiscal year 2024 earnings results on Tuesday, October 31, 2023 be...

7 months ago - PRNewsWire

ExaGrid Expands Its Deduplication Behind Commvault

MARLBOROUGH, Mass.--(BUSINESS WIRE)--ExaGrid®, the industry's only Tiered Backup Storage solution, today announced an update to its integration with Commvault, an industry-leading backup application a...

7 months ago - Business Wire