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CVLTCommvault Systems, Inc.
$145.72$6.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
CVLT logo

Commvault Systems, Inc.

CVLT
NASDAQ · Application Software
$145.72
At close - Sep 21, 4:00 PM EDT - USD
Market Cap$6.04B
P/E92.2x
52W High$196.88
Volume435.38K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2027Q1

SaaS Acceleration Offsets Leverage and EPS Volatility

Commvault's revenue growth accelerated to 18.9% year-over-year in 2027Q1, driven by Metallic SaaS adoption, while gross margins remained stable at 81.7%. However, the balance sheet shows significant strain with debt-to-equity at 17.63 and equity down to $52.1M...

GrowthAccelerating
ProfitabilityStable
ValuationExpensive
TechnicalsStrong
Explore valuation models
MARKET ACTION

CVLT price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

+166% Peers

P/E is 166% above peer median

03

Market leadership

RS 85 · Leader

High momentum (Outperforming 85% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Oct 28
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to 18.9% year-over-year in 2027Q1, with gross margin stable at 81.7%, but operating margin fluctuated between 4.5% and 11.3% due to rising SG&A.

Analyst Consensus+5.1% target
Buy(33 analysts)
18 Buy15 Hold0 Sell

The Bull Case

Upside Catalysts

AI-enabled platform evolution

Commvault is advancing its cloud platform with AI integration, unifying data security, cyber recovery, and identity resilience across hybrid and SaaS environments.

Industry-leading technology

With 20 years of expertise, Commvault offers proven scale, performance, and granular recovery capabilities in data protection and cybersecurity.

Strategic Microsoft partnership

The collaboration with Microsoft enhances mass recovery solutions, delivering high-performance capabilities and recovery guarantees.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/22/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CVLT+17.35%
S&P 500 (^GSPC)+13.22%
1-Year Return
CVLT-24.78%
S&P 500 (^GSPC)+15.99%
3-Year Return
CVLT+115.37%
S&P 500 (^GSPC)+81.79%
5-Year Return
CVLT+98.15%
S&P 500 (^GSPC)+80.44%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
92.7x
Forward P/EExpansion
35.0x
EV/EBITDA50th %ile
52.5x
FCF YieldCash Flow
3.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
92.7x
93.5x
50th· Fair
EV/EBITDA
52.5x
54.9x
50th· Fair
Price/FCF
25.6x
18.1x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$27.77-80.9%
Base (Fair)$51.37-64.5%
Bull$60.41-58.5%
$27.77 Bear$51.37 Base$60.41 Bull
Current Market Price: $145.72
Trades at a 183.7% premium to Base DCF ($51.37)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$1.18B+18.9% YoY
Net income
$71M-7.2% YoY
Free cash flow
$237M+16.5% YoY
Operating margin
8.9%+1.5 pts YoY
ROIC (TTM)268.6%
Avg ROIC 5Y-
ROE (TTM)42.5%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate12/12 (100%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 28, 2026
$1.42+22.4%
vs $1.16
$314M+1.2%
vs $310M
Q2 2026
Apr 28, 2026
$1.28+17.4%
vs $1.09
$312M+1.6%
vs $307M
Q1 2026
Jan 27, 2026
$1.17+19.4%
vs $0.98
$314M+4.9%
vs $299M
Q4 2025
Oct 28, 2025
$0.91-3.1%
vs $0.94
$276M+1.1%
vs $273M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
PRNewsWire·1d ago
Where Resilience Meets AI: Commvault Announces SHIFT 2026

Conference features keynotes, AI attack and recovery simulation workshops, and immersive experiences that help enterprises put AI to work while building resilience in everything they do TINTON FALLS, N.J., Sept. 21, 2026 /PRNewswire/ -- Commvault (NASDAQ: CVLT) today announced its annual customer and partner conference, Commvault SHIFT 2026.

Defense World·5d ago
Corient Private Wealth LP Buys 33,126 Shares of CommVault Systems, Inc. $CVLT

Corient Private Wealth LP increased its stake in shares of CommVault Systems, Inc. (NASDAQ: CVLT) by 89.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 70,268 shares of the software maker's stock after acquiring an additional 33,126 shares during the

Zacks Investment Research·6d ago
Is It Worth Investing in Commvault (CVLT) Based on Wall Street's Bullish Views?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Zacks Investment Research·Sep 15, 2026
Commvault Systems (CVLT) Rises As Market Takes a Dip: Key Facts

The latest trading day saw Commvault Systems (CVLT) settling at $143.12, representing a +2.07% change from its previous close.

Filtered for Commvault Systems, Inc.More Headlines
04

Compare before deciding

Benchmark CVLT against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Commvault Systems, Inc. (CVLT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CVLT logoCVLTCommvault Systems, Inc.Current
$145.72$6.04B92.2318.89%5.97%42.49%—
VRNS logoVRNSVaronis Systems, Inc.
$48.46$5.57B-42.8813.17%-20.55%-26.91%—
QLYS logoQLYSQualys, Inc.
$181.03$6.38B33.2810.13%29.34%37.17%—
TENB logoTENBTenable Holdings, Inc.
$36.20$3.99B-120.6711.04%0.65%2.41%—
IBM logoIBMInternational Business Machines Corporation
$231.93$218.51B20.767.62%15.52%33.43%—
NTAP logoNTAPNetApp, Inc.
$198.15$39.25B31.165.37%19.19%113.67%—

Compare CVLT vs Peers

Commvault Systems, Inc. (CVLT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VRNS

Most directly comparable listed peer for CVLT.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare CVLT against a more recognizable public peer.

Peer Set

Compare Top 5

vs VRNS, QLYS, TENB, IBM

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CVLT SEC Filings & Documents

Commvault Systems, Inc. (CVLT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

Jul 28, 2026·SEC

Material company update

Apr 28, 2026·SEC

10-K Annual Reports

4
FY 2026

May 11, 2026·SEC

FY 2025

May 5, 2025·SEC

FY 2024

May 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 29, 2026·SEC

FY 2026

Jan 28, 2026·SEC

FY 2025

Oct 29, 2025·SEC

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CVLT Frequently Asked Questions

Commvault Systems, Inc. (CVLT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Commvault Systems, Inc.'s revenue?

Commvault Systems, Inc. (CVLT) reported $1.22B in revenue for fiscal year 2026. This represents a 1371% increase from $82.6M in 2005.

How fast is Commvault Systems, Inc. growing?

Commvault Systems, Inc. (CVLT) grew revenue by 18.9% over the past year. This is strong growth.

Is CVLT profitable?

Yes, Commvault Systems, Inc. (CVLT) is profitable, generating $68.3M in net income for fiscal year 2026 (6.0% net margin).

Dividend & Returns
What is CVLT's return on equity?

Commvault Systems, Inc. (CVLT) has a return on equity (ROE) of 42.5%. This is excellent, indicating efficient use of shareholder capital.

What is Commvault Systems, Inc.'s free cash flow?

Commvault Systems, Inc. (CVLT) generated $258.4M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in CVLT back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →