
CommVault Systems (CVLT) Stock Forecast & Price Target
CommVault Systems (CVLT) Analyst Ratings
Bulls say
CommVault Systems Inc. is experiencing strong financial performance, as evidenced by its fiscal year 2026 guidance, which indicates revenue, subscription revenue, gross margin, and EBIT margin all surpassing consensus estimates. The company has recorded significant growth in its subscription services, with SaaS contributing approximately 70% to fiscal Q3 net new annual recurring revenue (NNARR) and achieving a year-over-year increase in SaaS annual recurring revenue (ARR) of 41%. Additionally, CommVault's successful acquisition of over 700 new subscription customers in fiscal Q3, alongside a 25% year-over-year growth in revenue from term software transactions exceeding $100,000, reinforces a positive outlook driven by robust customer additions and expanding market presence.
Bears say
CommVault Systems Inc has experienced a decline in its SaaS Net Revenue Retention (NRR) from 125% to 121%, which reflects a weakening in customer retention and upselling capabilities. Additionally, the company's Fiscal Year 2026 Total Annual Recurring Revenue (ARR) guidance has been revised downwards, indicating potential growth challenges as the outlook for Subscription and SaaS ARR has been reduced to 24% from a previous range of 24-25%. These factors, combined with concerns over net-new ARR growth and investor sentiment regarding IT spending, have led to significant downward pressure on the stock, contributing to a decrease of 31.1% in its value.
This aggregate rating is based on analysts' research of CommVault Systems and is not a guaranteed prediction by Public.com or investment advice.
CommVault Systems (CVLT) Analyst Forecast & Price Prediction
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