Mizuho raised target to USD 185.00 for Commvault Systems stock
Published on 10/17/2026 at 22:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMizuho target guides valuation
- Mizuho raised its Commvault target from USD 175.00 to USD 185.00 on October 15, 2026.
- Subscription revenue reached USD 267 million in fiscal 2027 first quarter, up 16.00 percent year over year.
- Commvault Systems stock last stood at USD 149.11 on October 16, 2026 at 4:00 p.m. ET, down 6.17 percent on Nasdaq versus the prior close.
- Commvault's market capitalization was USD 6.2 billion and its price-to-earnings ratio was 94.97 on October 16, 2026.
Mizuho raised its price target for Commvault Systems from USD 175.00 to USD 185.00 on October 15, 2026, while maintaining an Outperform rating, according to Markets Insider. The new target stood 24.07 percent above the USD 149.11 last quoted price. Commvault stock last stood at USD 149.11 on October 16, 2026 at 4:00 p.m. ET, down 6.17 percent on Nasdaq versus the previous close.
October 27 results set the calendar
Commvault's next earnings conference call is scheduled for October 27, 2026, at 8:30 a.m. EDT, according to Commvault. The event covers the second quarter of fiscal 2027 and gives investors the next scheduled checkpoint after the first-quarter figures.
The investor-relations page lists subscription revenue of USD 267 million for fiscal 2027 first quarter ended June 30, 2026, up 16.00 percent year over year. Non-GAAP EBIT was USD 71 million, equal to a 23.00 percent margin, while subscription annual recurring revenue reached USD 1.05 billion, up 22.00 percent year over year.
Stock sits below its yearly high
At USD 149.11 on October 16, 2026, the stock was 16.14 percent below its 52-week high of USD 177.81 and 107.75 percent above its 52-week low of USD 71.75. Trading volume was 585,850 shares, below the average volume of 598,325 shares for the same quoted period.
Valuation and scheduled date
Commvault carried a market capitalization of USD 6.2 billion and a price-to-earnings ratio of 94.97 on October 16, 2026. The USD 185.00 Mizuho target gives the valuation discussion a dated benchmark, while the October 27 results date supplies the next company-specific event.
Comparison with peers
Commvault Systems (Nasdaq, USD): minus 6.17 percent, P/E 94.97, market capitalization USD 6.2 billion.
Rubrik (NYSE, USD): minus 5.24 percent, P/E minus 88.51, market capitalization USD 23.1 billion.
Palo Alto Networks (Nasdaq, USD): minus 7.63 percent, P/E 777.27, market capitalization USD 279.8 billion.
Price and investor calendar
Commvault's market move was weaker than Rubrik's but firmer than Palo Alto Networks' on October 16, 2026. The October 27 earnings date and the USD 185.00 analyst target provide the two clearest dated markers for the stock's next valuation check. Its last quoted Nasdaq level was USD 149.11 on October 16, 2026 at 4:00 p.m. ET.
Commvault Systems market facts
- Company: Commvault Systems, Inc.
- ISIN: US2041661024
- Ticker: CVLT
- Primary exchange: Nasdaq
- Nasdaq price (as of October 16, 2026, 4:00 p.m. ET): USD 149.11
- Change versus previous close: minus 6.17 percent
- Market capitalization: USD 6.2 billion (as of October 16, 2026)
- 52-week range: USD 71.75-177.81 (as of October 16, 2026)
- Sector / Industry: Technology / Software - Application
- Next earnings date: October 27, 2026
Market context: Market report Nasdaq Composite.
