Market open · Delayed intraday data · 12:15 PM ET
Last update: Nov 13, 2026, 12:12 PM ET
Commvault Systems, Inc.
$152.49▼ 8.23% today
Market Open

Why Commvault Systems, Inc. (CVLT) stock moved

Updated Nov 13, 2026

Commvault Systems, Inc. (CVLT) shares tumbled 8.2% to $152.49 as of November 13, 2026, a significant decline from the prior close of $166.16. BestStocks flagged the session as a major change for CVLT. Below, we break down what changed for CVLT, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

CVLT fell 8.2% to $152.49

Commvault announced a CFO transition today via press release and SEC 8-K filing, triggering an 8.45% intraday decline from $166.16 to $152.12. The leadership change, disclosed as a material event, prompted immediate selling pressure in early trading. Earnings on January 26, 2027 (consensus EPS $1.42) and any additional details on the CFO successor and transition timeline from management communications.

This summary describes the catalyst and move as first detected on Nov 13, 2026, 10:22 AM EST; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Source: PR Newswire
RiskLow confidence
Rel. volume
0.7×
Below Avg
Vs peers
—
No comparable peers
Market cap
$6.2B
NASDAQ
Analyst target
$181
+18.6% vs price
Price chart
Oct 13 – Nov 13
VNNENFEEVEVN$149$161$173Oct 13Oct 21Oct 29Nov 5Nov 13
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Commvault Systems, Inc. investors

For Commvault Systems, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Positive price momentum. Weighing against that: Sharp 8.2% decline — elevated risk; Commvault announced a CFO transition today via press release and SEC 8-K filing, triggering an 8.45% intraday decline from $166.16 to $152.12. Wall Street's consensus price target sits at $180.83, implying +18.6% upside from $152.49. BestStocks rates the overall signal quality low (56/100). With earnings roughly 74 days out, the next report is the most likely near-term test of the move.

CVLT price reaction

CVLT last traded at $152.49, down $13.67 (-8.23%) from the previous close of $166.16. The session traded on 0.7× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $149.11 and $172.55, and it currently sits about 14% of the way up that band.

Bullish and bearish analyst opinions on Commvault Systems, Inc. (CVLT)

Latest catalysta bearish counterpoint
The latest catalyst — a flagged risk event — a bearish counterpoint that challenges the prevailing bullish analyst view.

The consensus analyst price target on Commvault Systems, Inc. (CVLT) is $180.83, 18.6% above the recent $152.49. Over the past 90 days analysts logged 0 upgrades, 12 maintains, and 0 downgrades. Here is how the bullish and bearish cases on CVLT line up.

The bullish case

  • Wall Street's consensus price target of $180.83 implies +18.6% upside from $152.49.
  • The Street's most bullish target is $210.00 (+37.7%).
  • Positive price momentum.

The bearish case

  • The most bearish analyst target is $132.00 (-13.4%).
  • Sharp 8.2% decline — elevated risk.
  • Commvault announced a CFO transition today via press release and SEC 8-K filing, triggering an 8.45% intraday decline from $166.16 to $152.12.
  • Commvault Systems (CVLT) plummeted 18.71% to $121.50 after the company filed an earnings report and a material event notice (8-K) today, per SEC filings and earnings events database.
Bull vs bear balanceBearish Shift
BearishNeutralBullish
The latest catalyst moved the balance toward the bears — the hollow tick marks where it sat before.

Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Nov 13, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $181+18.6%
= 12 maintains
Guggenheim maintained Buy · 2026-10-28
SEC filings watch
8-K2026-11-13
Material event — review for impact
high
10-Q2026-10-28
Quarterly financial results
medium
8-K2026-10-27
Material event — review for impact
high
8-K2026-09-24
Material event — review for impact
high
Peer context
CVLT-8.2%

Previous notable changes for CVLT

News2026-11-13-8.2%
Commvault appoints Danielle Abrahamsen interim CFO as Gary Merrill departs for external public company role.
News2026-11-10+1.3%
Commvault partners with NVIDIA to enable enterprises to safely leverage more data for AI applications.
Material / Earnings2026-10-29+3.1%
Commvault Systems, Inc. (CVLT) moved +6.29% from $161.46 to $171.61 on 2026-10-29, two days after reporting Q2 FY2027 results on 2026-10-27. The company beat EPS consensus by $0.13, reporting $1.38 vs. $1.25 estimate (+10.4% surprise), with subscription revenue surging 21% year-over-year to $269M and annual recurring revenue (ARR) reaching $1,104M (+20% YoY). Additionally, Commvault launched new identity resilience capabilities for Active Directory, Entra ID, and Okta.
News2026-10-28-3.5%
Commvault launches identity resilience capabilities alerting organizations to risks across Active Directory, Entra ID, and Okta.
Upcoming catalysts & outlook
Next earnings
2027-01-26 (est.)
in 74 days
10-Q Filing (est.)
2027-01-27
Medium impact
Thesis shift
Bearish Shift
bearish signal
Risk level
High
from change events

Frequently asked questions about CVLT

Why did Commvault Systems, Inc. (CVLT) stock move?

CVLT tumbled 8.2% to $152.49. The move coincided with the context summarized above, though no single company-specific catalyst was independently confirmed.

How much did CVLT stock fall?

CVLT lost 8.23% ($13.67) versus the prior close of $166.16, last trading at $152.49 on 0.7× average volume.

When is Commvault Systems, Inc.'s next earnings date?

CVLT's next earnings report is estimated for 2027-01-26 — about 74 days away.

What is the analyst price target for CVLT?

The consensus analyst price target for CVLT is $180.83, about 18.6% above the current $152.49. Over the past 90 days, analysts recorded 0 upgrades, 12 maintains, and 0 downgrades.

How BestStocks tracks CVLT

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared CVLT-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for CVLT, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of November 13, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataCompany news feedsSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.