Commvault Systems, Inc. (CVLT)

Commvault Systems, Inc. stock has experienced several notable events and price movements in the past six months. Between January 6, 2025, and January 2, 2026, the share price declined. Shares closed down due to a broader market rotation out of the technology sector. The stock traded up following the announcement of the company's third-quarter fiscal year 2026 earnings release date. Piper Sandler lowered its price target for CVLT, citing a lower valuation multiple. Shares closed down in a relatively quiet trading day. RBC Capital cut its price target, citing shorter contract durations and a softer margin outlook after a recent earnings miss. Commvault reported Q3 CY2025 results, beating revenue expectations but missing the consensus EPS estimate, leading to a sharp decline in shares. Commvault reported Q2 CY2025 results, exceeding revenue expectations.

Commvault Systems, Inc. does not appear to experience significant demand seasonality for its products and services. The company benefits from consistent and accelerating demand for cyber resilience and cloud data protection solutions. This is driven by the continuous expansion of data and the growing threat of sophisticated cybersecurity attacks. The company has demonstrated strong recurring revenue growth, with Annual Recurring Revenue (ARR) reaching $1.04 billion in Q3 CY2025, and subscription revenue showing remarkable growth.

Commvault Systems, Inc. is an American publicly traded cybersecurity and data protection software company that operates in the Information Technology sector. It specializes in providing solutions that help organizations secure, manage, and recover their data across various environments. The company's core offerings revolve around its comprehensive data protection platform, which includes services for backup, disaster recovery, archiving, and e-discovery. Commvault's services are utilized across diverse sectors such as banking, insurance, financial services, government, healthcare, pharmaceuticals, medical services, technology, legal, manufacturing, utilities, and energy.

Commvault Systems, Inc. is headquartered in Tinton Falls, New Jersey, USA, and maintains a significant global presence with 29 offices worldwide. It supports its operations across the Americas, Asia-Pacific, and Europe, the Middle East, and Africa (EMEA). Key office locations include cities in the USA, Canada, Brazil, the United Kingdom, Austria, Belgium, Denmark, Egypt, France, United Arab Emirates, Germany, India, Israel, Italy, Netherlands, Poland, Saudi Arabia, South Africa, Spain/Portugal, Australia, and New Zealand.

Commvault has maintained a strong brand reputation, emphasizing its commitment to innovation and leadership in cybersecurity and data protection. The company received FedRAMP certification for its Commvault Cloud for Government data protection services. Commvault announced its annual event, SHIFT 2025, focusing on AI Governance and Cyber Resilience. Commvault's partner, ABnet, won the 2025 Commvault Fearless Award for excellence in data protection. The company is recognized for its integrated platform approach, addressing market demand for consolidation and simplified management in complex multi-cloud environments.

A significant portion of Commvault Systems, Inc.'s stock is owned by institutional investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., State Street Corp, Invesco Ltd., Renaissance Technologies Llc, Geode Capital Management, Llc, Fmr Llc, and First Trust Advisors Lp. Credit Suisse Ag 1 and N. Robert Hammer are noted as significant individual or insider shareholders.