RBC Capital Markets Raises Price Target on Commvault Systems
RBC Capital Markets has increased its price target for Commvault Systems, Inc. from $160 to $180 while maintaining a Sector Perform rating.
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Commvault Systems, Inc. announced its financial results for the fiscal second quarter ended September 30, 2026, reporting subscription revenue of $269 million and subscription ARR of $1.104 billion.
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RBC Capital Markets has increased its price target for Commvault Systems, Inc. from $160 to $180 while maintaining a Sector Perform rating.
Commvault has introduced new identity resilience features designed to help organizations detect and remediate risks across identity environments like Active Directory, Entra ID, and Okta.
Truist Securities has raised its price target for Commvault Systems, Inc. from $182 to $200 while maintaining a Buy rating.