Commvault Systems, Inc. (CVLT)

NASDAQ: CVLT · Real-Time Price · USD
173.10
-0.02 (-0.01%)
At close: Dec 11, 2024, 4:00 PM
171.60
-1.50 (-0.87%)
Pre-market: Dec 12, 2024, 5:23 AM EST
-0.01%
Market Cap 7.57B
Revenue (ttm) 898.05M
Net Income (ttm) 177.35M
Shares Out 43.73M
EPS (ttm) 3.94
PE Ratio 43.96
Forward PE 47.97
Dividend n/a
Ex-Dividend Date n/a
Volume 280,359
Open 174.60
Previous Close 173.12
Day's Range 172.86 - 176.67
52-Week Range 73.33 - 178.72
Beta 0.62
Analysts Buy
Price Target 155.43 (-10.21%)
Earnings Date Jan 28, 2025

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 -10.21% from the latest price.

Price Target
$155.43
(-10.21% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Commvault Unveils Clumio Backtrack: Providing Near Instant Recovery of Massive Datasets Stored in Amazon S3

TINTON FALLS, N.J. , Nov. 26, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced Clumio Backtrack, a new capabil...

16 days ago - PRNewsWire

Commvault Positioned as a Leader and Receives Top Score in 'Current Offering' Category in a Comprehensive Report on Data Resilience by Independent Research Firm

Commvault's modern cloud native software received highest possible score in "Hyperscale cloud/IaaS" criterion TINTON FALLS, N.J. , Nov. 25, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber ...

16 days ago - PRNewsWire

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...

22 days 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.

4 weeks 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...

6 weeks 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.

6 weeks 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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 ...

3 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...

4 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...

4 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...

4 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...

4 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, ...

4 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...

5 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...

5 months ago - PRNewsWire