Commvault's Growth To Outpace Legacy Competitors Like Dell And IBM, Analyst Says [Yahoo! Finance]

Commvault Systems, Inc. (CVLT)
Last commvault systems, inc. earnings: 1/29 07:40 am
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US:NASDAQ Investor Relations:
ir.commvault.com
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Source: Yahoo! Finance
According to the analyst, Commvault is benefiting from the increasing importance of data, which is driving growth in backup storage total addressable market. The company is also gaining from the rise in data security breaches and ransomware attacks, which create new revenue opportunities, Singh adds. As a leading provider of Backup-as-a-Service (BaaS) and Disaster Recovery-as-a-Service (DRaaS), Commvault is well-positioned to benefit from the shift to as-a-service platforms, the analyst writes. Singh sees these factors to lead to strong customer growth, market share gains, and a 35% – 40% increase in SaaS Annual Recurring Revenue (ARR) over the next three years. The analyst highlights that Commvault has adapted its offerings to support hybrid cloud and SaaS workloads while expanding into a SaaS delivery model. See Also: Nvidia Set For Major Surge To $204? Analyst Predicts Post-Q3 Boost Driven By Blackwell GPU Demand, Strong Margins This growth is expected to come at the e
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CVLT
News
- Commvault Systems (CVLT) Surpasses Market Returns: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- Commvault Welcomes Industry Veteran Ha Hoang as New Chief Information Officer [Yahoo! Finance]Yahoo! Finance
- Commvault Welcomes Industry Veteran Ha Hoang as New Chief Information OfficerPR Newswire
- Healthcare and Life Sciences Leaders Rely on Commvault to Protect Critical Data for Continuous Patient Care [Yahoo! Finance]Yahoo! Finance
- Wall Street Bulls Look Optimistic About Commvault (CVLT): Should You Buy? [Yahoo! Finance]Yahoo! Finance
CVLT
Earnings
- 1/28/25 - Beat
CVLT
Sec Filings
- 3/5/25 - Form 4
- 3/3/25 - Form 144
- 2/21/25 - Form 4
- CVLT's page on the SEC website