
CommVault Systems (CVLT) Stock Forecast & Price Target
CommVault Systems (CVLT) Analyst Ratings
Bulls say
Commvault Systems Inc demonstrated substantial growth in its financial metrics, exiting Q2 of fiscal 2026 with a Total Annual Recurring Revenue (ARR) of $1.04 billion, marking a 22% year-over-year increase. The company's strong performance was reflected in its robust term software volume, which saw a 17% year-over-year increase in deals exceeding $100,000, combined with a substantial 56% growth in Software as a Service (SaaS) ARR, now constituting 32% of total ARR. Additionally, the company experienced significant customer acquisition and maintained a stable SaaS Net Revenue Retention (NRR) rate of 125%, indicating strong engagement and demand for its data security solutions and services.
Bears say
CommVault Systems Inc reported solid second-quarter results that exceeded revenue and annual recurring revenue (ARR) guidance; however, the company experienced a contraction in term duration, resulting in a shortfall in subscription revenue. The transition towards SaaS subscriptions, which have a lower margin profile compared to traditional term-based licenses, contributed to a notable 170 basis points contraction in gross margin percentage, indicating a shift away from higher-margin revenue sources. Furthermore, the reduction in average term durations by approximately 9% across customer cohorts and the resulting lower term license revenue have compelled analysts to revise EPS forecasts downwards, reflecting concerns about future profitability and growth metrics.
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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