
CommVault Systems (CVLT) Stock Forecast & Price Target
CommVault Systems (CVLT) Analyst Ratings
Bulls say
CommVault Systems Inc. demonstrated robust financial performance, exiting Q2 2026 with a Total Annual Recurring Revenue (ARR) of $1.04 billion, reflecting a 22% year-over-year increase. The company recorded significant growth in subscription ARR, with an accelerated expectation of 24–25% year-over-year growth, as well as a remarkable 56% increase in SaaS ARR, now comprising 32% of total ARR. Additionally, CommVault achieved its second-best quarter for term software ARR and net new customer additions, underscoring strong demand for its data management solutions amid a stable SaaS Net Revenue Retention rate of 125%.
Bears say
CommVault Systems Inc reported results exceeding guidance for revenue and ARR in 2Q26; however, a noticeable contraction in term duration led to a shortfall in subscription revenue, raising concerns about the company's growth sustainability. The decline in average term duration, specifically a 9% quarter-over-quarter reduction, coupled with a shift towards lower-margin SaaS subscriptions, resulted in a 170 basis points contraction in gross margin percentage, indicating profitability pressures. Additionally, the lower-than-expected term license sales, paired with a decrease in projected EPS for F26E/F27E due to margins and operational investments, underscores a negative financial outlook for the company.
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
Start investing in CommVault Systems (CVLT)
Order type
Buy in
Order amount
Est. shares
0 shares