Commvault Systems Inc

CVLT is in a Stage 4 distribution with active Lower Highs & Lower Lows indicating sustained downward momentum. Price trades below all key EMAs in an oversold context, cautioning against selling into exhaustion. Execution favors trimming into rallies toward the 9/20/50 EMA zone for rejection, while the long-term uptrend remains intact above the 200-day SMA.

• ↑Total revenue up 23% YoY to $275 M in Q4 2025
• ↑Subscription revenue grew 45% YoY to $173 M, driving ARR up 21% to $930 M
• ↓High P/E of 96x with negative earnings yield signals stretched valuation