Robert W. Baird Cuts CommVault Systems Price Target

Analysts lower price target on data management software company

Apr. 13, 2026 at 12:22pm

A highly detailed, cinematic close-up image of heavy, industrial banking machinery and gears in shades of steel grey, bronze, and black, conceptually representing the secure, physical foundations of the financial system.An extreme close-up of the intricate inner workings of the financial industry's data infrastructure highlights the critical role of secure, reliable technology in supporting economic growth.Tinton Falls Today

Research firm Robert W. Baird has lowered its price target on shares of CommVault Systems (NASDAQ:CVLT) from $185.00 to $160.00, while maintaining an 'outperform' rating on the stock. The analysts cited the software maker's recent financial performance as the reason for the reduced price target.

Why it matters

CommVault Systems is a leading provider of data management and protection software, serving enterprise customers across various industries. The company's stock price and valuation are closely watched by investors as indicators of its competitive positioning and growth prospects in the evolving data infrastructure market.

The details

In their research note, the Robert W. Baird analysts noted that the new $160.00 price target still represents a potential upside of 79.49% from CommVault's current stock price of $89.14. Other research firms have also recently adjusted their price targets for CommVault, with Piper Sandler cutting its target from $186.00 to $155.00 and DA Davidson reducing its target from $135.00 to $125.00.

  • The new price target was issued by Robert W. Baird on Monday, April 13, 2026.

The players

Robert W. Baird

A global financial services firm that provides investment banking, asset management, wealth management, and capital markets services.

CommVault Systems

A leading provider of data management and protection software for enterprise customers.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The reduced price target from Robert W. Baird reflects the ongoing challenges facing CommVault Systems as it navigates a competitive and rapidly evolving data management software market. However, the analysts' 'outperform' rating and the potential upside implied by the new target price suggest they still see long-term growth potential for the company.