Commvault (CVLT) announced an expanded collaboration with Google Cloud (GOOG, GOOGL) that enhances data protection, security, and resilience capabilities for customers. New Commvault capabilities for Google Cloud users include: Advancing security and supporting compliance with Commvault's Air Gap Protect: Enables immutable, indelible backups that can be stored directly in an isolated, virtually air-gapped location in Google Cloud, helping to isolate data from production systems and to defend against ransomware and insider threats. A new compliance-ready Archive Tier supports regulatory requirements and optimizes long-term retention. Rebuilding cloud apps and accelerating recoveries with Commvault Cloud Rewind: With this announcement, Google Cloud customers can also use Commvault Cloud Rewind to rapidly and cleanly rebuild cloud applications. This is an important advancement as these applications, and associated dependencies, often power enterprise data and are essential to keeping business running, even during ransomware events or major deployment errors. Simplifying compliance search for Google Workspace environments: Expands on existing Google Workspace protection, first announced last year, by adding advanced compliance search capabilities for Commvault's eDiscovery offering. Customers can now locate and export relevant data, such as email messages and files, across their Google Workspace backups faster for audits, litigation, or investigations. This expanded support is designed to help organizations reduce the time and costs associated with eDiscovery and support their legal and regulatory obligations.
Wall Street analysts forecast CVLT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CVLT is 182.27 USD with a low forecast of 144.00 USD and a high forecast of 220.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
Wall Street analysts forecast CVLT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CVLT is 182.27 USD with a low forecast of 144.00 USD and a high forecast of 220.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Buy
2 Hold
0 Sell
Strong Buy
Current: 123.850
Low
144.00
Averages
182.27
High
220.00
Current: 123.850
Low
144.00
Averages
182.27
High
220.00
DA Davidson
Rudy Kessinger
Buy
downgrade
$220 -> $185
2026-01-22
New
Reason
DA Davidson
Rudy Kessinger
Price Target
$220 -> $185
AI Analysis
2026-01-22
New
downgrade
Buy
Reason
DA Davidson analyst Rudy Kessinger lowered the firm's price target on Commvault to $185 from $220 but keeps a Buy rating on the shares. The firm is expecting Commvault to deliver strong Q3 results with term-license duration in-line with guidance assumptions as well as annual recurring revenue and EBIT margin upside in both the quarter and the revised FY26 guidance, the analyst tells investors in a research note. The results will help calm the fears around further term-license duration compression that could potentially cause additional downward profitability revisions due to less upfront revenue and serve as a catalyst for the stock, the firm added.
Oppenheimer
Param Singh
Outperform
downgrade
$200 -> $180
2026-01-21
Reason
Oppenheimer
Param Singh
Price Target
$200 -> $180
2026-01-21
downgrade
Outperform
Reason
Oppenheimer analyst Param Singh lowered the firm's price target on Commvault to $180 from $200 due to a compression in market multiples, but sees the name as undervalued trading at 4-times EV/Sales. The firm keeps an Outperform rating on the shares ahead of quarterly results. Oppenheimer expects the company to modestly beat Q3 expectations and Q4 guidance, driven by continued demand for cyber-resilience products.
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Mizuho
Michael Romanelli
Outperform
to
NULL
downgrade
$190 -> $180
2026-01-21
Reason
Mizuho
Michael Romanelli
Price Target
$190 -> $180
2026-01-21
downgrade
Outperform
to
NULL
Reason
Mizuho analyst Michael Romanelli lowered the firm's price target on Commvault to $180 from $190 and keeps an Outperform rating on the shares. The firm adjusted targets in large-cap software as part of a Q4 earnings preview. Channel checks were solid overall, with public cloud data points were "generally good" and AI adoption "very strong," the analyst tells investors in a research note. However, Mizuho says some of its checks noted more moderate budget flush activity than usual. In addition, growing investor concerns about AI disruption :continue to decimate many software company multiples," the firm contends. It cites recent multiple compression for the target cuts.
Truist
Buy
to
Buy
downgrade
$210 -> $175
2026-01-20
Reason
Truist
Price Target
$210 -> $175
2026-01-20
downgrade
Buy
to
Buy
Reason
Truist lowered the firm's price target on Commvault to $175 from $210 and keeps a Buy rating on the shares as part of a broader research note previewing Q4 for Cybersecurity names. Companies in the firm's coverage should report a strong calendar Q4 and take a conservative posture for guidance, so that model setups could drive a continued beat-and-raise cadence for 2026, the analyst tells investors in a research note. Conversations with IT budget holders and software sellers indicate demand and the macro environment remains unchanged, with continued momentum in Security & AI initiatives, the firm added. Truist notes however that software equities have entered 2026 under pronounced pressure as investors rotate toward AI hardware, also pointing to concerns about AI-driven competitive disruption, slow monetization of AI features, higher-for-longer interest rates, and acute geopolitical shocks converge across the sector driving the IGV - iShares Expanded Tech-Software Sector ETF - down about 7% just in the first couple of weeks of trading.
About CVLT
Commvault Systems, Inc. is a provider of cyber resilience and data protection solutions. The Company’s cyber resilience platform combines data security and rapid recovery at enterprise scale across any workload. The Company provides these products and services for their data across many types of environments, including on-premises, hybrid and multi-cloud. Its offerings are delivered via self-managed software, software-as-a-service (SaaS), integrated appliances, or managed by partners. Its Commvault Cloud offerings are organized into three packages, such as Operational Recovery, Autonomous Recovery and Cyber Recovery. Its Operational Recovery provides backup, verifiable recovery, and cost-optimized cloud workload mobility, helping to ensure data availability and granular recovery, even across multiple clouds. In addition, it also provides customers with a range of offerings, including Cleanroom Recovery, HyperScale X, Air Gap Protect, Cloud Rewind, Clumio Backtrack and Compliance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
