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Investing.com - Cantor Fitzgerald has reiterated its Neutral rating and $144.00 price target on CommVault Systems (NASDAQ:CVLT), maintaining its previous assessment of the data management software provider.
The firm’s decision comes following CommVault’s announced CFO transition earlier this year, which has not impacted the company’s financial outlook.
CommVault has explicitly stated that "there are no changes to its outlook, as previously disclosed in its F2Q26 earnings results," confirming financial guidance remains intact despite the leadership change.
The data protection and information management software company continues to operate under its existing financial framework established during its second-quarter fiscal 2026 earnings announcement.
CommVault expects to report its third-quarter 2026 financial results at the end of January 2026, which will provide further insight into the company’s performance under its transitioning executive team.
In other recent news, Commvault Systems announced that Chief Financial Officer Jen DiRico will be leaving the company at the end of December 2025 to pursue another opportunity. The company has begun a search for a new CFO, with CEO Sanjay Mirchandani temporarily overseeing a newly established Office of the CFO. In addition, Commvault has achieved the Amazon Web Services (AWS) Resilience Competency in the Recovery category, highlighting its expertise in helping organizations recover from cyber incidents and data issues across various cloud environments.
Furthermore, Truist Securities has reiterated its Buy rating for Commvault Systems with a price target of $210. This comes after the company’s annual user conference, SHIFT, where Commvault showcased new innovations and recovery solutions. Similarly, DA Davidson maintained its Buy rating and a $220 price target, citing the introduction of Commvault’s Cloud Unity Platform as a significant development. This platform is designed for centralized management of resilience operations, potentially enhancing the company’s service offerings.
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