Commvault Systems (CVLT)
Protects and recovers enterprise data, applications, and identities across hybrid and cloud environments.
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Protects and recovers enterprise data, applications, and identity systems across on-premise, cloud, and SaaS environments. Revenue comes mainly from SaaS and term-based subscriptions to Commvault Cloud, with perpetual licenses, support, and services rounding out a single-segment software business.
Protects enterprise data, applications, and identity systems through Commvault Cloud, a cloud-native platform spanning data protection, security, cyber recovery, and governance. Operational Recovery handles backup and restore; Autonomous Recovery adds replication, orchestration, and validation; Cyber Recovery adds threat detection and clean-recovery workflows.
Serves enterprises, smaller businesses, and government agencies across the Americas and international markets. The platform covers on-premise, hybrid, multicloud, cloud-native, and SaaS workloads, with complementary tools for air-gapped storage, scalable infrastructure, cloud-application rebuilds, and structured-data security.
Earns most revenue from SaaS and term-based subscriptions, alongside perpetual licenses, support, and professional services. Sales combine a direct force with partners and cloud marketplaces; broad coverage depends on interoperability with third-party applications, hyperscalers, identity platforms, and storage infrastructure.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 10, 2026 | FBN Securities | Initiate | Rating: — | |
| Sep 10, 2026 | UBS | Target | Target: $130 | Target: $155 |
| Jul 29, 2026 | D.A. Davidson | Target | Target: $185 | Target: $175 |
| Jul 29, 2026 | Scotiabank | Reiterate | Rating: —Target: $110 | Target: $130 |
| Jul 29, 2026 | UBS | Reiterate | Rating: —Target: $133 | Target: $130 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $929.8M · Total debt $917.7M · Total assets $1.89B · Shareholders' equity $52.1M
- Revenue
- $314.1M
- Operating income
- $25.7M
- Net income
- $21.1M
No dividends on record.
| Institutions | 110.03% | 45.60M shares | |
|---|---|---|---|
| 448 holders · as of Jun 30, 2026 | |||
| Insiders | 1.52% | 628.6K shares | |
| 13 holders · as of Sep 15, 2026 | |||
| Adds to | 111.55% | ||
41.44M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 111.55%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 14.56% | 6.04M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 8.77% | 3.64M | as of Jun 30, 2026 |
Mackenzie Financial CorporationInstitution | 5.96% | 2.47M | filed Feb 4, 2022 |
Vanguard Capital Management LLCInstitution | 4.50% | 1.86M | as of Jun 30, 2026 |
AQR Capital Management LLCInstitution | 4.43% | 1.84M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 11, 2026 | Nicola Adamo | director | −1,530 | $131.66 |
| Aug 19, 2026 | Sanjay Mirchandani | director, officer: President & CEO | −6,857 | $142.80 |
| Aug 18, 2026 | Sanjay Mirchandani | director, officer: President & CEO | −4,840 | $143.64 |
| Aug 17, 2026 | Sanjay Mirchandani | director, officer: President & CEO | −12,437 | $143.98 |
| Aug 19, 2026 | Danielle Nicole Abrahamsen | officer: Chief Accounting Officer | −486 | $142.80 |
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- NetApp
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Commvault Systems | $143.42 | −1.58% | $6.04B | 92.8 | 26.2 | 5.0 | +11.4% |
| Rubrik | $110.61 | −2.08% | $23.25B | — | 223.4 | 15.1 | +37.9% |
| Dell Technologies | $558.33 | −2.95% | $382.08B | 33.4 | 19.8 | 2.5 | +57.8% |
| IBM | $231.80 | −0.06% | $218.51B | 20.5 | 18.2 | 3.2 | +1.1% |
| Microsoft | $494.98 | −1.32% | $3.72T | 27.9 | 25.2 | 11.2 | +17.8% |
| NetApp | $194.60 | −1.79% | $38.88B | 27.9 | 20.4 | 5.3 | +30.1% |
| Median | 27.9 | 20.4 | 5.3 | +30.1% |