Commvault Systems, Inc. (CVLT)

NASDAQ: CVLT · IEX Real-Time Price · USD
66.36 -1.23 (-1.82%)
Jan 21, 2022 4:00 PM EST - Market closed
Market Cap3.02B
Revenue (ttm)740.59M
Net Income (ttm)23.56M
Shares Out45.51M
EPS (ttm)0.51
PE Ratio131.41
Forward PE25.84
Dividendn/a
Ex-Dividend Daten/a
Volume408,918
Open67.39
Previous Close67.59
Day's Range65.99 - 69.47
52-Week Range56.99 - 84.22
Beta0.61
AnalystsBuy
Price Target77.14 (+16.2%)
Earnings DateJan 25, 2022

About CVLT

Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, an easy-to-use replication and disaster recovery solution; and Commvault Complete Data Protection, an easy-to-use data protection solution. It also provides Commvault Activate, a data insight solution; Commvault HyperScale X, an easy-to-deploy scale-out solution; Hedvig Distrib...

IndustrySoftware
IPO DateSep 22, 2006
CEOSanjay Mirchandani
Employees2,600
Stock ExchangeNASDAQ
Ticker SymbolCVLT
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 77.14, which is an increase of 16.24% from the latest price.

Price Target
$77.14
(16.24% upside)
Analyst Consensus: Buy

News

Commvault Appoints Danielle Sheer as Chief Legal Officer

TINTON FALLS, N.J., Jan. 13, 2022 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a recognized global enterprise leader in intelligent data services across on-premises, cloud, and software as a service (SaaS)...

1 week ago - PRNewsWire

Commvault Announces Third Quarter Fiscal 2022 Earnings Release Date

TINTON FALLS, N.J., Jan. 6, 2022 /PRNewswire/ -- Commvault (NASDAQ: CVLT) - Commvault will webcast a discussion of its third quarter earnings results on January 25, 2022 beginning at 8:30 a.m.

2 weeks ago - PRNewsWire

The 10 Best Stocks to Buy for a Whole New Year of Returns

As we ring in 2022, consider the following ten names, a mix of growth and value plays, stocks to buy. Each one has high potential to deliver stunning returns.

2 weeks ago - InvestorPlace

7 of the Best Small-Cap Stocks to Buy Before 2022

With 2021 coming to a close and a new year upon us, it's time to get a head start on some of the best small-cap stocks to buy. The post 7 of the Best Small-Cap Stocks to Buy Before 2022 appeared first o...

1 month ago - InvestorPlace

Arrow (ARW) Adds CommVault's Metallic DMaaS to ArrowSphere

Arrow Electronics (ARW) adds Metallic DMaaS Backup and Recovery solutions from CommVault to its ArrowSphere cloud management platform.

1 month ago - Zacks Investment Research

Commvault to Participate in Upcoming Investor Conferences

TINTON FALLS, N.J., Nov. 24, 2021 /PRNewswire/ -- Commvault (NASDAQ: CVLT) – Commvault announced today that its President and Chief Executive Officer, Sanjay Mirchandani, and Chief Financial Officer, Br...

1 month ago - PRNewsWire

New Strong Sell Stocks for November 1st

CVLT, DAN, RE, ROCK, and HONE have been added to the Zacks Rank #5 (Strong Sell) List on November 1, 2021.

Other symbols:DANHONEREROCK
2 months ago - Zacks Investment Research

Metallic Launches Security IQ for Proactive Cyber Readiness, Identifies Data Protection Risks at Cloud Scale

TINTON FALLS, N.J., Oct. 28, 2021 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a recognized global enterprise leader in Intelligent Data Services across on-premises, cloud, and SaaS environments, today ann...

2 months ago - PRNewsWire

CommVault Systems Stock Plunges After Q2 Miss

CommVault Systems Inc (NASDAQ: CVLT) reported second-quarter FY22 revenue growth of 4% year-on-year to $177.8 million, missing the consensus of $184.8 million. Annualized recurring revenue (ARR) rose 12...

2 months ago - Benzinga

Why Commvault Systems Stock Crashed Today

The latest earnings results came in well shy of expectations.

2 months ago - The Motley Fool

Commvault Systems (CVLT) Lags Q2 Earnings and Revenue Estimates

Commvault (CVLT) delivered earnings and revenue surprises of -15.79% and -3.73%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Metallic Accelerates Data Management-as-a-Service Momentum with New MSP Partners and MSP Portal

TINTON FALLS, N.J., Oct. 26, 2021 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a recognized global enterprise leader in Intelligent Data Services across on-premises, cloud and SaaS environments, today anno...

2 months ago - PRNewsWire

Commvault Announces Fiscal 2022 Second Quarter Financial Results

TINTON FALLS, N.J., Oct. 26, 2021 /PRNewswire/ --  Second quarter highlights include: Second quarter GAAP Results: Revenues $177.8 million Income from Operations (EBIT) $2.3 million EBIT Margin 1.3% Dil...

2 months ago - PRNewsWire

Commvault Extends Value of Intelligent Data Services to AWS Marketplace

TINTON FALLS, N.J., Oct. 22, 2021 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a recognized global enterprise leader in intelligent data services across on-premises, cloud, and software as a service (SaaS)...

3 months ago - PRNewsWire

Commvault Systems (CVLT) Earnings Expected to Grow: Should You Buy?

Commvault (CVLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Commvault Announces Second Quarter Fiscal 2022 Earnings Release Date

TINTON FALLS, N.J., Oct. 5, 2021 /PRNewswire/ -- Commvault (NASDAQ: CVLT) - Commvault will release the Company's financial results for its fiscal second quarter ended September 30, 2021, on Tuesday, Oct...

3 months ago - PRNewsWire

Metallic Shines with Next Major Global Expansion of Award-Winning BaaS Solutions in Asia Pacific

TINTON FALLS, N.J., Oct. 5, 2021 /PRNewswire/ -- On the heels of its most recent expansion into the Czech Republic and Slovakia, Commvault (NASDAQ: CVLT), a recognized global enterprise leader in Intell...

3 months ago - PRNewsWire

Media Alert: Commvault to Host Connections21, a Best-in-Class Data Services Event

TINTON FALLS, N.J., Sept. 27, 2021 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a recognized global enterprise leader in Intelligent Data Services across on-premises, cloud, and SaaS environments, will hos...

3 months ago - PRNewsWire

Commvault Adds New Ransomware Protection And Response Services To Its Data Security Solutions

TINTON FALLS, N.J., Sept. 8, 2021 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a recognized global enterprise leader in Intelligent Data Services across on-premises, cloud and SaaS environments, today anno...

4 months ago - PRNewsWire

ORock Technologies Partners with Commvault to Set New Standards for Comprehensive Backup and Recovery in the Cloud

RESTON, Va., Aug. 10, 2021 /PRNewswire/ -- ORock ® Technologies, Inc., a high-performance hybrid cloud service provider built on OpenStack and certified by FedRAMP and the Department of Defense, today a...

5 months ago - PRNewsWire

Commvault Receives Highest Product Scores for Three Out of Three Use Cases in the 2021 Gartner® Critical Capabilities...

TINTON FALLS, N.J., Aug. 4, 2021 /PRNewswire/ -- Today Commvault (NASDAQ: CVLT), a recognized global enterprise leader in Intelligent Data Services across on-premises, cloud and SaaS environments, annou...

5 months ago - PRNewsWire

Commvault Systems (CVLT) Q1 Earnings and Revenues Top Estimates

Commvault (CVLT) delivered earnings and revenue surprises of 21.57% and 0.96%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

CommVault Systems Beats On Q1 Earnings

CommVault Systems Inc (NASDAQ: CVLT) reported first-quarter FY22 revenue growth of 6% year-on-year to $183.4 million, beating the analyst consensus of $181.5 million. Annualized recurring revenue (ARR) ...

5 months ago - Benzinga

CommVault Systems: Q1 Earnings Insights

Shares of CommVault Systems (NASDAQ:CVLT) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share were up 21.57% over the past year to $0.62, which beat the estim...

5 months ago - Benzinga

Commvault Announces Fiscal 2022 First Quarter Financial Results

TINTON FALLS, N.J., July 27, 2021 /PRNewswire/ --  First quarter highlights include: First quarter GAAP Results: Revenues $183.4 million Income from Operations (EBIT) $15.5 million EBIT Margin 8.4% Dilu...

5 months ago - PRNewsWire