CommVault Systems: RBC Capital raises PT to $217 from $185.
ByAinvest
Wednesday, Jul 30, 2025 10:38 am ET1min read
CEPT--
CommVault Systems reported revenue of $282 million and earnings per share (EPS) of $1.01 for the first fiscal quarter of 2026, surpassing analyst expectations [2]. The company achieved a 5% revenue beat and maintained industry-leading gross margins of 82.02%. CommVault's performance was driven by significant term license deals closed in the final week of the quarter, contributing to a 18.63% year-over-year revenue growth.
RBC Capital Markets cited CommVault's successful execution in large deals, with a notable increase in transactions exceeding $1 million. The company's cyber-related solutions, including ThreatWise, Cleanroom, and recently acquired Appranix, showed double-digit sequential growth, now representing 20% of net new annual recurring revenue (ARR). CommVault's strong performance in these areas underscores its ability to capitalize on improving industry trends in data management, cybersecurity, and AI.
The upgrade in the price target reflects RBC's belief in CommVault's ability to sustain similar quarterly NNARR growth throughout fiscal year 2026. The company's management has expressed confidence in continuing this momentum, which highlights the positive financial trajectory for CommVault Systems.
References:
[1] https://simplywall.st/stocks/us/software/nasdaq-cvlt/commvault-systems/news/can-commvault-systems-cvlt-dynamodb-innovation-strengthen-it
[2] https://www.investing.com/news/analyst-ratings/commvault-stock-price-target-raised-to-189-from-173-at-cantor-fitzgerald-93CH-4159662
CVLT--
CommVault Systems: RBC Capital raises PT to $217 from $185.
RBC Capital Markets has recently upgraded its price target for CommVault Systems (NASDAQ: CVLT) to $217 from $185. This move follows the company's strong fiscal first quarter 2026 performance and reflects RBC's optimism about CommVault's growth prospects. The upgrade comes as CommVault continues to demonstrate robust financial performance and innovation in the data management and cybersecurity sectors.CommVault Systems reported revenue of $282 million and earnings per share (EPS) of $1.01 for the first fiscal quarter of 2026, surpassing analyst expectations [2]. The company achieved a 5% revenue beat and maintained industry-leading gross margins of 82.02%. CommVault's performance was driven by significant term license deals closed in the final week of the quarter, contributing to a 18.63% year-over-year revenue growth.
RBC Capital Markets cited CommVault's successful execution in large deals, with a notable increase in transactions exceeding $1 million. The company's cyber-related solutions, including ThreatWise, Cleanroom, and recently acquired Appranix, showed double-digit sequential growth, now representing 20% of net new annual recurring revenue (ARR). CommVault's strong performance in these areas underscores its ability to capitalize on improving industry trends in data management, cybersecurity, and AI.
The upgrade in the price target reflects RBC's belief in CommVault's ability to sustain similar quarterly NNARR growth throughout fiscal year 2026. The company's management has expressed confidence in continuing this momentum, which highlights the positive financial trajectory for CommVault Systems.
References:
[1] https://simplywall.st/stocks/us/software/nasdaq-cvlt/commvault-systems/news/can-commvault-systems-cvlt-dynamodb-innovation-strengthen-it
[2] https://www.investing.com/news/analyst-ratings/commvault-stock-price-target-raised-to-189-from-173-at-cantor-fitzgerald-93CH-4159662
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet