Commvault Systems Outperforms Market with 1.3% Gain Amid Q1 Earnings Forecast

AinvestFriday, Apr 25, 2025 7:06 pm ET

2min read

Commvault Systems (CVLT) closed at $165.45, a +1.3% move from the previous day, outperforming the S&P 500's daily gain of 0.74%. The company is scheduled to release its earnings on April 29, 2025, with a predicted EPS of $0.93 and revenue of $263.03 million. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, with stocks at #1 delivering an average annual return of +25% since 1988. Commvault Systems currently has a Zacks Rank of #3 (Hold) and a Forward P/E ratio of 40.55.

Title: Commvault Systems (CVLT) Posts Strong Gains, Ahead of Upcoming Earnings

Commvault Systems (CVLT) closed at $165.45 on April 26, 2025, marking a +1.3% increase from the previous day. This performance outpaced the S&P 500's daily gain of 0.74%. The company is set to release its earnings on April 29, 2025, with analysts predicting an earnings per share (EPS) of $0.93 and revenue of $263.03 million.

Commvault Systems, which provides data protection solutions, has seen significant changes in its institutional ownership. According to its latest filings with the Securities and Exchange Commission (SEC), the Canada Pension Plan Investment Board (CPPIB) reduced its stake in the company by 24.6% during the fourth quarter of 2024. The firm owned 17,500 shares of Commvault Systems after selling 5,700 shares during the period [1]. Despite this reduction, institutional investors still hold 93.50% of the company's stock.

Several other institutional investors have increased their stakes in Commvault Systems. Barclays PLC boosted its holdings by 25.5% during the fourth quarter, owning 108,484 shares of the software maker's stock worth $16,373,000 [2]. Additionally, TFC Financial Management Inc. increased its stake by 294.1%, now owning 402 shares valued at $61,000 [2]. Blue Trust Inc. grew its holdings by 37,400.0%, owning 750 shares worth $113,000 [2].

The company's insiders have also been active in the stock market. CEO Sanjay Mirchandani sold 12,318 shares of the stock on February 19, 2025, reducing his position by 2.80% [1]. Gary Merrill, another insider, sold 3,287 shares, decreasing his ownership by 3.63% [1]. Insiders collectively own 1.00% of the company's stock.

Analysts have mixed views on Commvault Systems. Cantor Fitzgerald raised its price target to $173.00 with a "neutral" rating [1]. Guggenheim maintained a "neutral" rating [1]. StockNews.com upgraded its rating to "buy" [1]. Piper Sandler reduced its price objective to $147.00 with a "neutral" rating [1]. William Blair upgraded the stock to "outperform" [1]. Overall, the consensus rating is a "Moderate Buy" with an average price target of $158.00 [1].

Commvault Systems' Forward P/E ratio is 40.55, and it is currently ranked at #3 (Hold) by the Zacks Rank system, which has a proven track record of outperforming the market [1]. The company's strong performance in data protection solutions and its upcoming earnings report are likely to draw investor attention.

References

[1] https://www.marketbeat.com/instant-alerts/canada-pension-plan-investment-board-cuts-stake-in-commvault-systems-inc-nasdaqcvlt-2025-04-23/
[2] https://www.marketbeat.com/instant-alerts/barclays-plc-boosts-stock-holdings-in-commvault-systems-inc-nasdaqcvlt-2025-04-21/