
CommVault Systems (CVLT) Stock Forecast & Price Target
CommVault Systems (CVLT) Analyst Ratings
Bulls say
CommVault Systems Inc exhibited robust financial performance, concluding Q2 of fiscal year 2026 with a Total Annual Recurring Revenue (ARR) of $1.04 billion, marking a 22% year-over-year increase. The company demonstrated strong momentum in customer acquisition and subscription services, achieving a 30% growth in Total Subscription ARR to $894 million, driven by a remarkable 56% increase in SaaS ARR. Furthermore, Commvault's expectations for growth in Total ARR and Subscription ARR were revised upward, highlighting its strong positioning within the data management sector and ongoing demand for its software solutions.
Bears say
Commvault Systems reported strong second-quarter results, exceeding revenue and ARR guidance; however, the company experienced a contraction in term license durations, leading to lower subscription revenue. The decline in average term duration, attributed to a shift towards lower-margin SaaS subscriptions, resulted in a 170-basis point contraction in gross margin percentage, falling short of market expectations and previous performances. Additionally, the forecast for fiscal years 2026 and 2027 has been adjusted downward due to anticipated lower gross margins and operating margins, coupled with the ongoing transition to SaaS, further impacting the company's long-term financial outlook.
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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