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CommVault Systems ( (CVLT) ) has provided an announcement.
On April 13, 2026, Commvault appointed long-time executive Gary Merrill as Chief Financial Officer, shifting him from his role as Chief Commercial Officer, and named board member Geoff Haydon as President of Customer and Field Operations, with Haydon resigning from the board to take the operating position. The leadership moves, accompanied by substantial equity- and performance-based compensation packages and a retention agreement for Haydon, are intended to reinforce Commvault’s transition to a high-growth subscription and SaaS model, deepen its security and go-to-market expertise, and support its reiterated guidance for the fourth quarter and full fiscal year 2026.
The most recent analyst rating on (CVLT) stock is a Buy with a $160.00 price target. To see the full list of analyst forecasts on CommVault Systems stock, see the CVLT Stock Forecast page.
Spark’s Take on CVLT Stock
According to Spark, TipRanks’ AI Analyst, CVLT is a Neutral.
The score is held back primarily by the sharp increase in balance-sheet leverage and clear technical weakness (price far below major moving averages with negative MACD). Offsetting factors include solid profitability and cash generation, and a notably positive earnings call with raised guidance and margin outlook; valuation remains demanding with a high P/E and no dividend yield.
To see Spark’s full report on CVLT stock, click here.
More about CommVault Systems
Commvault Systems, Inc., listed on Nasdaq as CVLT, is a global provider of enterprise-scale unified resilience solutions, combining data security, identity resilience, and cyber recovery on a cloud-native, AI-enabled platform. The company focuses on enabling large organizations to perform rapid, comprehensive recoveries and to adopt AI technologies securely while defending against AI-driven cyber threats.
Average Trading Volume: 1,208,472
Technical Sentiment Signal: Sell
Current Market Cap: $3.91B
Find detailed analytics on CVLT stock on TipRanks’ Stock Analysis page.