Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, an easy-to-use replication and disaster recovery solution; and Commvault Complete Data Protection, an easy-to-use data protection solution. It also provides Commvault Activate, a data insight solution; Commvault HyperScale X, an easy-to-deploy scale-out solution; Hedvig Distributed Storage Platform that offers software-defined storage built on a hyperscale architecture; Metallic Cloud Storage is the easy button to adopt secure and scalable cloud storage; and Metallic Backup-as-a-Service. In addition, the company provides technology and business consulting, education, and remote managed services. Further, it sells appliances that integrate the software with hardware for use in a range of business needs and use cases; and offers professional and customer support services. The company sells its products and services directly through its sales force to large enterprises, small and medium sized businesses, and government agencies, as well as indirectly through its network of distributors, value-added resellers, systems integrators, corporate resellers, and original equipment manufacturers. It supports customers in a range of industries, including banking, insurance and financial services, government, healthcare, pharmaceuticals and medical services, technology, legal, manufacturing, utilities, and energy. The company has strategic relationships with Microsoft, Cisco, Dell EMC, Amazon Web Services, NetApp, Nutanix, Fujitsu, Google Cloud, Hitachi, Hewlett Packard Enterprise, IBM, Lenovo, OpenStack, Oracle, Pure Storage, Red Hat, Salesforce, SAP, ServiceNow, Splunk, Supermicro, and VMware. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey.
IPO Year: 2006
Exchange: NASDAQ
Website: commvault.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/30/2025 | Mkt Perform → Outperform | William Blair | |
1/17/2025 | $159.00 | Neutral | Cantor Fitzgerald |
1/16/2025 | $192.00 | Overweight | KeyBanc Capital Markets |
11/13/2024 | $200.00 | Outperform | Oppenheimer |
10/15/2024 | Buy → Neutral | Guggenheim | |
1/31/2024 | $109.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
8/17/2023 | $85.00 | Buy | DA Davidson |
1/27/2023 | $86.00 | Buy | Guggenheim |
7/13/2022 | $78.00 → $69.00 | Overweight → Neutral | Piper Sandler |
1/26/2022 | $66.00 → $75.00 | Sector Perform | RBC Capital |