What is DA Davidson’s Estimate for CVLT Q3 Earnings?

Commvault Systems, Inc. (NASDAQ:CVLTFree Report) – Stock analysts at DA Davidson issued their Q3 2025 EPS estimates for shares of Commvault Systems in a research report issued on Wednesday, October 30th. DA Davidson analyst R. Kessinger expects that the software maker will post earnings of $0.42 per share for the quarter. DA Davidson currently has a “Buy” rating and a $175.00 price objective on the stock. The consensus estimate for Commvault Systems’ current full-year earnings is $1.66 per share. DA Davidson also issued estimates for Commvault Systems’ FY2025 earnings at $1.72 EPS.

Commvault Systems (NASDAQ:CVLTGet Free Report) last released its quarterly earnings data on Tuesday, July 30th. The software maker reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.12. Commvault Systems had a return on equity of 32.16% and a net margin of 20.19%. The business had revenue of $224.67 million during the quarter, compared to the consensus estimate of $215.54 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. The firm’s revenue was up 13.4% on a year-over-year basis.

Several other research analysts have also weighed in on the stock. Piper Sandler lifted their price objective on shares of Commvault Systems from $107.00 to $123.00 and gave the stock a “neutral” rating in a research note on Monday, July 15th. Guggenheim cut shares of Commvault Systems from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 15th. Royal Bank of Canada upped their price objective on shares of Commvault Systems from $164.00 to $182.00 and gave the company a “sector perform” rating in a research report on Wednesday. StockNews.com upgraded Commvault Systems from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 24th. Finally, KeyCorp increased their price target on Commvault Systems from $140.00 to $170.00 and gave the stock an “overweight” rating in a report on Wednesday, July 31st. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $144.29.

Check Out Our Latest Report on Commvault Systems

Commvault Systems Trading Down 4.4 %

Shares of CVLT opened at $162.25 on Thursday. The stock has a market cap of $7.10 billion, a P/E ratio of 43.15 and a beta of 0.60. Commvault Systems has a 1 year low of $64.32 and a 1 year high of $171.26. The stock’s 50-day moving average price is $149.72 and its two-hundred day moving average price is $129.96.

Insider Buying and Selling

In other Commvault Systems news, insider Gary Merrill sold 17,388 shares of Commvault Systems stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $150.76, for a total value of $2,621,414.88. Following the sale, the insider now owns 94,530 shares of the company’s stock, valued at $14,251,342.80. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, insider Gary Merrill sold 17,388 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $150.76, for a total transaction of $2,621,414.88. Following the completion of the transaction, the insider now directly owns 94,530 shares of the company’s stock, valued at $14,251,342.80. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Allison Pickens sold 1,232 shares of the business’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $153.89, for a total transaction of $189,592.48. Following the completion of the sale, the director now directly owns 7,131 shares in the company, valued at approximately $1,097,389.59. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Commvault Systems

Several hedge funds have recently modified their holdings of CVLT. Vanguard Group Inc. raised its holdings in Commvault Systems by 0.8% during the first quarter. Vanguard Group Inc. now owns 5,531,703 shares of the software maker’s stock worth $561,081,000 after acquiring an additional 43,333 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Commvault Systems by 7.5% in the 2nd quarter. Renaissance Technologies LLC now owns 1,813,487 shares of the software maker’s stock valued at $220,466,000 after buying an additional 126,800 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Commvault Systems by 0.3% in the 2nd quarter. Acadian Asset Management LLC now owns 1,601,057 shares of the software maker’s stock valued at $194,606,000 after buying an additional 4,422 shares during the last quarter. Champlain Investment Partners LLC increased its holdings in Commvault Systems by 58.5% during the first quarter. Champlain Investment Partners LLC now owns 825,236 shares of the software maker’s stock worth $83,704,000 after buying an additional 304,459 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in Commvault Systems by 33.5% during the second quarter. AQR Capital Management LLC now owns 648,858 shares of the software maker’s stock worth $78,882,000 after acquiring an additional 162,722 shares in the last quarter. Institutional investors own 93.50% of the company’s stock.

About Commvault Systems

(Get Free Report)

Commvault Systems, Inc provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls.

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Earnings History and Estimates for Commvault Systems (NASDAQ:CVLT)

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