CVLT CommVault Systems Inc

This article analyzes broker recommendations for Commvault (CVLT), noting its average brokerage recommendation (ABR) of 1.62, indicating a strong buy leaning from 13 firms. It cautions investors against relying solely on ABR due to potential brokerage biases. Instead, it suggests validating this information with the Zacks Rank, which uses earnings estimate revisions for more reliable stock performance predictions.

Stephens initiated coverage on CommVault Systems (NASDAQ:CVLT) with an "overweight" rating and a $162.00 price target, suggesting a 27% upside. This comes despite the software maker missing quarterly EPS expectations but achieving significant revenue growth. The article also notes recent insider selling and reiterates the overall "Moderate Buy" consensus among analysts.

Commvault Systems, Inc. (NASDAQ: CVLT) has successfully rebranded itself as a cybersecurity powerhouse, shifting from legacy backup to "cyber resilience," garnering significant analyst confidence. This transformation, marked by strategic acquisitions and strong subscription ARR growth, positions Commvault as a leader in data security against AI-driven threats and increasing regulatory pressures. Despite recent market volatility, analysts maintain a bullish outlook due to the company's "Rule of 40" status and its essential role in the evolving data protection landscape.

Vontobel Holding Ltd. significantly increased its stake in CommVault Systems, Inc. (NASDAQ:CVLT) by 171.2% during the third quarter, acquiring an additional 10,012 shares. This purchase brings their total holdings to 15,860 shares, valued at approximately $2.99 million. The news follows insider selling by the CFO and CEO in November and mixed recent earnings results for CommVault.

Commvault Systems (CVLT) has outperformed market returns, with its stock closing at $128.16, marking a 2.37% increase, and a 4.53% gain over the past month. The company's forthcoming earnings report projects a 4.26% EPS increase and 13.85% revenue growth. However, updated analyst estimates have led to Commvault Systems (CVLT) currently holding a Zacks Rank of #5 (Strong Sell).

CommVault Systems has launched a new feature called "Data Rooms" to enhance data security, providing a controlled environment with restricted access for managing, storing, and sharing data. This initiative underscores the company's commitment to cyber resilience and data protection, building on previous advancements like its dedicated threat scanning tool. Data Rooms aim to offer businesses a secure platform that maximizes security and minimizes unauthorized data exposure in response to increasing digital threats.