CVLT

Commvault Systems, Inc. (CVLT) stock has experienced several notable events in the past six months. Between September 26, 2025, and September 25, 2026, the share price declined by 23.52%. On October 7, 2026, the shares experienced a 3.0% decline. A significant drop of 31.1% occurred on January 27, 2026, following the company's Q3 2026 results, where net new Annual Recurring Revenue (ARR) and SaaS ARR growth missed prior expectations. This led to multiple securities class action lawsuits, with one expanding the alleged class period to January 28, 2025, through January 26, 2026, focusing on claims related to competitive positioning, pricing concessions, and SaaS sales mix. Conversely, the stock saw an increase after strong Q1 2026 earnings, where the company reported a profit beat. Analyst price targets have shown mixed views, with some being revised higher due to strong demand for data security and AI-driven security, while others are more cautious, citing limited near-term catalysts. Most recently, on October 10, 2026, Wall Street Zen downgraded Commvault Systems from a "Buy" to a "Hold" rating.