Commvault Systems, Inc. (CVLT)

NASDAQ: CVLT · IEX Real-Time Price · USD
64.86
-2.06 (-3.08%)
Dec 5, 2022 3:59 PM EST - Market closed
-3.08%
Market Cap 2.98B
Revenue (ttm) 794.37M
Net Income (ttm) 26.03M
Shares Out 44.76M
EPS (ttm) 0.55
PE Ratio 117.97
Forward PE 24.10
Dividend n/a
Ex-Dividend Date n/a
Volume 196,605
Open 66.26
Previous Close 66.92
Day's Range 63.95 - 66.49
52-Week Range 50.26 - 70.88
Beta 0.56
Analysts Buy
Price Target 69.97 (+7.8%)
Earnings Date Jan 23, 2023

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, a replication and disaster recovery solution; and Commvault Complete Data Protection, a data protection solution. It also provides Commvault HyperScale X, an easy-to-deploy scale-out solution; Commvault Distributed Storage Platform that offers software-defined storage built on ... [Read more]

Industry Software
IPO Date Sep 22, 2006
CEO Sanjay Mirchandani
Employees 2,848
Stock Exchange NASDAQ
Ticker Symbol CVLT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CVLT stock is "Buy." The 12-month stock price forecast is 69.97, which is an increase of 7.84% from the latest price.

Price Target
$69.97
(7.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Are You Looking for a Top Momentum Pick? Why Commvault Systems (CVLT) is a Great Choice

Does Commvault Systems (CVLT) have what it takes to be a top stock pick for momentum investors? Let's find out.

3 days ago - Zacks Investment Research

Best Momentum Stocks to Buy for November 23rd

ROST, CVLT and PDFS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 23, 2022.

Other symbols: PDFSROST
1 week ago - Zacks Investment Research

Commvault Systems (CVLT) is a Great Momentum Stock: Should You Buy?

Does Commvault Systems (CVLT) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 weeks ago - Zacks Investment Research

Will Commvault (CVLT) Gain on Rising Earnings Estimates?

Commvault (CVLT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 weeks ago - Zacks Investment Research

Commvault (CVLT) Upgraded to Strong Buy: Here's What You Should Know

Commvault (CVLT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

4 weeks ago - Zacks Investment Research

Commvault Celebrates Global Customer Innovation

Commvault announces winners of inaugural Customer Innovation Awards:  Penn State Health, RWTH Aachen University , Tata Consultancy Services TINTON FALLS, N.J. , Nov. 3, 2022 /PRNewswire/ -- Today, Commv...

1 month ago - PRNewsWire

Commvault Decreases Gap in Data Governance, Risk, and Compliance with Metallic® File & Object Archive

Company's foray into Archive as a Service market offers trusted, cost-effective, scalable, and immutable data protection TINTON FALLS, N.J. , Nov. 2, 2022 /PRNewswire/ -- Commvault, a global enterprise ...

1 month ago - PRNewsWire

Commvault Systems (CVLT) Q2 Earnings and Revenues Top Estimates

Commvault (CVLT) delivered earnings and revenue surprises of 14% and 0.82%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Commvault Announces Fiscal 2023 Second Quarter Financial Results

--- Software and products revenue up 10% year over year; 16% constant currency --- --- Total revenue up 6% year over year; 12% constant currency --- --- Annualized recurring revenue (ARR) up 11% year ov...

1 month ago - PRNewsWire

Commvault Simplifies and Automates Cloud Protection for Enterprise Kubernetes Workloads

TINTON FALLS, N.J. , Oct. 25, 2022 /PRNewswire/ -- Commvault, a global enterprise leader in data management across on-premises, cloud, and SaaS environments, today announced expanded protection for Kube...

1 month ago - PRNewsWire

Commvault to Host Connections 2022, an Industry Experience for Data-minded CIOs, IT, and Security Pros

TINTON FALLS, N.J. , Oct. 13, 2022 /PRNewswire/ -- Commvault, a global enterprise leader in data management across on-premises, cloud, and SaaS environments, today announced the dates for Commvault Conn...

1 month ago - PRNewsWire

Commvault Announces Second Quarter Fiscal 2023 Earnings Release Date

TINTON FALLS, N.J. , Oct. 6, 2022 /PRNewswire/ -- Commvault (NASDAQ: CVLT) - Commvault will webcast a discussion of its second quarter fiscal 2023 earnings results on November 1, 2022 beginning at 8:30 ...

1 month ago - PRNewsWire

Commvault Enables Early Threat Detection and Zero Loss Strategy with Metallic® ThreatWise™

A first  among data protection vendors, the new cyber deception service detects and contains ransomware threats TINTON FALLS, N.J. , Sept. 21, 2022 /PRNewswire/ -- Commvault, a global enterprise leader ...

2 months ago - PRNewsWire

Commvault Appoints Data Protection Industry Veteran Alan Atkinson as Chief Partner Officer

TINTON FALLS, N.J. , Sept. 14, 2022 /PRNewswire/ -- Commvault, a global enterprise leader in data management across on-premises, cloud, and SaaS environments, today announced that data protection indust...

2 months ago - PRNewsWire

Commvault Receives Highest Product Scores for Three Out of Three Use Cases in the 2022 Gartner® Critical Capabilities...

Company Recognized Among 14 Peer Vendors in the 2022 Report TINTON FALLS, N.J. , Aug. 23, 2022 /PRNewswire/ -- Commvault, a global enterprise leader in cloud data management, today announced that Gartne...

3 months ago - PRNewsWire

Commvault Named a Leader for 11th Consecutive Year in Gartner® Magic Quadrant™ for Enterprise Backup and Recovery Sof...

TINTON FALLS, N.J. , Aug. 3, 2022 /PRNewswire/ -- Commvault, a global enterprise leader in cloud data management, today announced that it has been positioned by Gartner as a "Leader" in its most recent ...

4 months ago - PRNewsWire

Commvault Systems (CVLT) Q1 Earnings and Revenues Top Estimates

Commvault (CVLT) delivered earnings and revenue surprises of 1.59% and 1.43%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Commvault Announces Fiscal 2023 First Quarter Financial Results

--- First quarter software and product revenue up 13% year over year; 17% constant currency --- --- Total recurring revenue up 20% year over year; 25% constant currency --- --- Annualized recurring reve...

4 months ago - PRNewsWire

Commvault Systems (CVLT) Reports Next Week: Wall Street Expects Earnings Growth

Commvault (CVLT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

GigaOm Names Commvault 'Frontrunner' and 'Outperformer' in Hybrid Cloud Data Protection

Leading Research Firm Names Metallic best-in-class BaaS  Commvault's Entire Portfolio Shines Across All Ratings for Enterprise and SMB TINTON FALLS, N.J. , July 11, 2022 /PRNewswire/ -- Commvault, a glo...

4 months ago - PRNewsWire

Commvault Announces First Quarter Fiscal 2023 Earnings Release Date

TINTON FALLS, N.J. , July 6, 2022 /PRNewswire/ -- Commvault (NASDAQ: CVLT) - Commvault will webcast a discussion of its first quarter fiscal 2023 earnings results on July 26, 2022 beginning at 8:30 a.m.

4 months ago - PRNewsWire

Commvault and Oracle Partner to Deliver Metallic® Data Management as a Service on Oracle Cloud Infrastructure to Acce...

OCI coupled with Metallic data management as a service (DMaaS) enables enterprise customers to protect and secure their data against threats, adhere to local data residency laws, and ease data managemen...

Other symbols: ORCL
5 months ago - PRNewsWire

Commvault (CVLT) Soars 6.1%: Is Further Upside Left in the Stock?

Commvault (CVLT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

5 months ago - Zacks Investment Research

Commvault Celebrates CRN's 2022 Women of the Channel Honorees

15 Commvault executives honored for their contributions to the company's channel business TINTON FALLS, N.J., May 12, 2022 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a recognized global enterprise leader...

6 months ago - PRNewsWire

Commvault Systems (CVLT) Tops Q4 Earnings and Revenue Estimates

Commvault (CVLT) delivered earnings and revenue surprises of 17.19% and 1.97%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research