Commvault Systems, Inc. (CVLT)

NASDAQ: CVLT · IEX Real-Time Price · USD
75.21
+1.63 (2.22%)
At close: Dec 1, 2023, 4:00 PM
78.45
+3.24 (4.31%)
After-hours: Dec 1, 2023, 7:31 PM EST
2.22%
Market Cap 3.29B
Revenue (ttm) 797.70M
Net Income (ttm) -18.16M
Shares Out 43.79M
EPS (ttm) -0.41
PE Ratio n/a
Forward PE 24.77
Dividend n/a
Ex-Dividend Date n/a
Volume 284,734
Open 73.51
Previous Close 73.58
Day's Range 73.05 - 75.25
52-Week Range 53.20 - 78.80
Beta 0.55
Analysts Buy
Price Target 77.60 (+3.18%)
Earnings Date Oct 31, 2023

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 $77.6, which is an increase of 3.18% from the latest price.

Price Target
$77.6
(3.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

18 days 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 ...

25 days 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...

25 days 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 ...

4 weeks 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.

4 weeks 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...

5 weeks 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...

5 weeks 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 weeks 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...

7 weeks 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...

7 weeks 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...

7 weeks 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 ...

2 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...

2 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...

2 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...

2 months ago - Business Wire

Recognized Again, Commvault Ranked Highest in Six out of Seven Use Cases in the 2023 Gartner® Critical Capabilities for Enterprise Backup and Recovery Software Solutions

The company was recognized among 14 vendors in the 2023 report TINTON FALLS, N.J. , Sept. 21, 2023 /PRNewswire/ -- Commvault®, an enterprise data protection leader for today's global businesses, annou...

2 months ago - PRNewsWire

Commvault Named a Global Cloud Security Leader in 2023 Stratus Awards for Cloud Computing

Award celebrates Commvault's delivery of modern cloud-native data protection for the hybrid cloud world TINTON FALLS, N.J. , Sept. 21, 2023 /PRNewswire/ -- Commvault®, an enterprise data protection le...

2 months ago - PRNewsWire

Commvault Welcomes Industry Veteran Sarv Saravanan as Chief Customer Officer

Advancing the innovative leadership and value that thousands of Commvault customers and partners trust and rely on TINTON FALLS, N.J. , Sept. 19, 2023 /PRNewswire/ -- Commvault®, an enterprise data pr...

2 months ago - PRNewsWire

Commvault Continues to Lead in GigaOm Radar Report: Hybrid Cloud Data Protection for Large Enterprises

Once again named a 'Leader' and 'Outperformer' for best-in-class BaaS experience, strong integrations, and crucial cyber resiliency features TINTON FALLS, N.J. , Sept. 13, 2023 /PRNewswire/ -- Commvau...

2 months ago - PRNewsWire

Commvault's Groundbreaking Data Protection and Security Capabilities Now Available

TINTON FALLS, N.J. , Aug. 22, 2023 /PRNewswire/ -- Commvault®, an enterprise data protection leader for today's global businesses, today announced the general availability of Commvault Platform Releas...

3 months ago - PRNewsWire

Commvault Named a Leader for 12th Consecutive Time in the 2023 Gartner® Magic Quadrant™ for Enterprise Backup and Recovery Software Solutions

Positioned by Gartner as a Leader in its Most Recent Report and Recognized for Completeness of Vision and Ability to Execute TINTON FALLS, N.J. , Aug. 9, 2023 /PRNewswire/ -- Commvault®, an enterprise...

4 months ago - PRNewsWire

Commvault CEO Sanjay Mirchandani a Top Disruptor and Executive on CRN's 2023 Top Executive List

Mirchandani is Redefining Modern Data Protection with a Complete Platform that Helps Customers Secure, Defend, and Recover Data TINTON FALLS, N.J. , Aug. 1, 2023 /PRNewswire/ -- Commvault®, an enterpr...

4 months ago - PRNewsWire

Commvault Announces Fiscal 2024 First Quarter Financial Results

TINTON FALLS, N.J. , Aug. 1, 2023 /PRNewswire/ -- Commvault [Nasdaq: CVLT] today announced its financial results for the fiscal first quarter ended June 30, 2023.

4 months ago - PRNewsWire

Commvault Announces Metallic: Salesforce Backup, Recovery & Sandbox Seeding - Unlimited Storage on Salesforce AppExchange, the World's Leading Enterprise Cloud Marketplace

Commvault's customers can now benefit from the simplicity, security, and scalability of Commvault's enterprise-grade Metallic Data Protection as a Service (DPaaS) for Salesforce production and sandbox...

5 months ago - PRNewsWire

Commvault Announces First Quarter Fiscal 2024 Earnings Release Date

TINTON FALLS, N.J. , July 10, 2023 /PRNewswire/ -- Commvault (NASDAQ: CVLT) - Commvault will webcast a discussion of its first quarter fiscal year 2024 earnings results on August 1, 2023 beginning at ...

5 months ago - PRNewsWire