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These Analysts Boost Their Forecasts On Commvault Systems Following Q4 Results
Benzinga· 2025-04-30 17:47
Financial Performance - Commvault Systems reported quarterly earnings of $1.03 per share, exceeding the analyst consensus estimate of 93 cents per share [1] - The company achieved quarterly sales of $275.04 million, surpassing the analyst consensus estimate of $262.43 million [1] Growth Metrics - Commvault ended the year with over 12,000 subscription customers and reported a 45% increase in subscription revenue in Q4 [2] - The company provided FY2026 sales guidance of $1.130 billion to $1.140 billion, compared to estimates of $1.10 billion [2] Stock Performance and Analyst Ratings - Commvault shares fell 1.3% to trade at $166.52 following the earnings announcement [3] - Analysts have adjusted their price targets for Commvault, with RBC Capital raising it from $175 to $185, Wells Fargo from $180 to $190, and Oppenheimer from $180 to $200 [8]