Commvault Expands Clumio to Google Cloud for Enhanced Cyber Resilience
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 22 2026
0mins
Source: Newsfilter
Commvault Systems Inc. (CVLT) saw its stock price decrease by 5.54% as it crossed below the 5-day SMA, reflecting a challenging market environment.
The company announced the expansion of its Clumio service to Google Cloud Storage, enhancing its cyber resilience capabilities to meet the growing demand for data protection in AI and analytics workloads. This strategic move aims to provide organizations with robust data security solutions, particularly in multi-cloud environments, addressing the urgent need for effective ransomware protection and operational reliability.
This development positions Commvault favorably in the competitive cloud market, although the stock's recent decline may reflect broader market dynamics or investor sentiment ahead of its upcoming earnings report.
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Analyst Views on CVLT
Wall Street analysts forecast CVLT stock price to fall
13 Analyst Rating
11 Buy
2 Hold
0 Sell
Strong Buy
Current: 150.050
Low
100.00
Averages
140.33
High
185.00
Current: 150.050
Low
100.00
Averages
140.33
High
185.00
About CVLT
Commvault Systems, Inc. is a provider of cyber resilience and data protection solutions. The Company helps the enterprise protect, secure, and recover its data, applications, and identity systems against cyber threats and attacks. It delivers its solutions through Commvault Cloud, a cloud-native platform that unifies data security, cyber recovery, and identity resilience across on-premises, hybrid, multi-cloud, and software as a service (SaaS) environment. It provides a set of capabilities intended to help customers prepare for, withstand, and recover from cyber incidents such as ransomware, data corruption, infrastructure failures, and cyberattacks. Its Commvault Cloud offerings are organized into three packages, such as Operational Recovery, Autonomous Recovery and Cyber Recovery. Operational Recovery provides core backup and recovery capabilities across hybrid enterprise workloads. Its offerings include Commvault Cleanroom Recovery, Commvault HyperScale Grid, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Commvault Class Action Lawsuit Notification
- Class Action Initiation: Robbins Geller Rudman & Dowd LLP announces that investors who purchased Commvault Systems (NASDAQ:CVLT) securities between April 29, 2025, and January 26, 2026, can apply to be lead plaintiffs in the class action lawsuit by July 17, 2026, indicating significant investor dissatisfaction with the company's management.
- Financial Performance Misstep: Commvault's Q3 2026 financial results released on January 27, 2026, revealed a net new annual recurring revenue (ARR) of $39 million, falling short of the previously guided $45 million, leading to a stock price drop of over 31%, reflecting a severe lack of market confidence in the company's performance.
- False Statement Allegations: The lawsuit alleges that Commvault and its executives made false and misleading statements during the class period, failing to disclose the impact of sales types on ARR growth, which may have misled investors in their decision-making, further exacerbating legal risks.
- Law Firm Background: Robbins Geller is one of the world's leading law firms in securities fraud and shareholder rights litigation, recovering over $916 million for investors in 2025, showcasing its strong capability and influence in handling similar cases.
See More
Commvault Securities Class Action Reminder
- Class Action Notice: Rosen Law Firm reminds investors who purchased Commvault securities between April 29, 2025, and January 26, 2026, to apply as lead plaintiffs by July 17, 2026, to participate in the class action and seek compensation.
- Fee Arrangement: Investors joining the class action will not incur any upfront costs, as the law firm operates on a contingency fee basis, thereby reducing the financial burden on investors.
- Lawsuit Background: The lawsuit alleges that Commvault provided overly positive statements while concealing significant adverse facts regarding its Annual Recurring Revenue (ARR) growth environment, resulting in investor losses when the truth emerged.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, demonstrating its expertise and successful track record in this field.
See More
Commvault Achieves Top Rankings in 2026 Gartner Backup Report
- Industry Leadership: Commvault ranked #1 in five out of six use cases in the 2026 Gartner Critical Capabilities report, particularly excelling in Ransomware Protection, Detection, and Recovery with a score of 4.52, reinforcing its leadership position in the data protection market.
- Outstanding Overall Scores: The company achieved scores of 4.1 or higher across all assessed critical capabilities, including Hybrid (4.47), Multicloud (4.38), and SaaS (4.28), indicating strong adaptability and reliability of its products in various environments, thereby enhancing customer trust.
- Continuous Innovation: Commvault is expanding its cloud platform, with the new Cloud Unity platform providing centralized management across hybrid, multicloud, and SaaS environments, helping organizations identify clear recovery points and validate recoverability, thus enhancing recovery capabilities in complex environments and ensuring the safety of critical data and applications.
- Market Recognition: Following this report, Commvault has been recognized as a Leader in the 2026 Gartner Magic Quadrant for Backup and Data Protection Platforms, marking its 15th consecutive time receiving this honor, reflecting its ongoing innovation and market impact in data security and recovery.
See More
Commvault Achieves Top Rankings in Gartner's Backup and Data Protection Report
- Industry Leadership: Commvault ranked #1 in five out of six use cases in the 2026 Gartner Critical Capabilities report, particularly excelling in Ransomware Protection, Detection, and Recovery with a score of 4.52, which reinforces its leadership position in the data protection market.
- Outstanding Overall Scores: Commvault achieved scores above 4.1 across all assessed critical capabilities, including Hybrid (4.47), Multicloud (4.38), and SaaS (4.28), indicating strong adaptability and reliability of its products across various environments, thereby enhancing customer trust.
- Continuous Innovation: Commvault is expanding its cloud platform, with the new Cloud Unity platform providing centralized management that helps organizations identify clear recovery points in complex hybrid and multicloud environments, thereby boosting customer confidence and efficiency in data recovery processes, which further drives business continuity.
- Strategic Focus: The Chief Product Officer of Commvault stated that the company's strong performance in ransomware protection reflects its ongoing commitment to enhancing cyber resilience and reducing recovery risks, which not only increases customer security but also allows the company to capture a larger market share in a competitive landscape.
See More
Multiple Companies Face Class Action Lawsuits
- Phreesia Lawsuit: Phreesia Inc. is facing allegations for misleading investors about its long-term growth outlook during the period from May 2025 to March 2026, claiming reliable revenue growth while the uncertainty of its pharmaceutical marketing commitments jeopardizes the 2027 revenue target, resulting in investor losses.
- Sportradar Violations: Sportradar Group AG is accused of collaborating with black-market gambling operators from November 2024 to April 2026, despite assurances of legal compliance, which has severely undermined investor confidence in the company's operations and prospects.
- Commvault Sales Issues: Commvault Systems Inc. is facing claims for failing to disclose the impact of sales types on annual recurring revenue (ARR) growth from April 2025 to January 2026, leading to materially misleading positive statements that harmed investor interests.
- Veritone Financial Misconduct: Veritone, Inc. is accused of inaccurately recording revenue and costs from October 2025 to April 2026, necessitating a restatement of financial statements, which has significantly affected investor trust in the company's financial health.
See More
Commvault Appoints New Chief Partner Officer to Accelerate Global Channel Growth
- Leadership Change: Commvault has appointed Brian Lanigan as Chief Partner Officer, who will lead the Global Partner Organization and report directly to Geoff Haydon, President of Customer and Field Operations, aiming to drive the implementation of the company's worldwide partner strategy.
- Extensive Experience: Lanigan brings over 20 years of experience in the cybersecurity and enterprise software industries, having held leadership roles at SentinelOne, Lacework, Splunk, and HP Software, where he successfully drove partner-led growth and strengthened strategic alliances.
- Strategic Importance: Haydon emphasized the central role of partners in the company's growth strategy, and Lanigan's addition is expected to enhance customer resilience readiness in an increasingly complex AI and cybersecurity landscape, further solidifying Commvault's leadership in the industry.
- Future Outlook: Lanigan expressed excitement about collaborating with the global partner ecosystem to create new growth opportunities, deliver exceptional customer outcomes, and expand the value Commvault brings to organizations worldwide, demonstrating the company's confidence in future development.
See More
Commvault Class Action Lawsuit Notification
- Class Action Initiation: Robbins Geller Rudman & Dowd LLP announces that investors who purchased Commvault Systems (NASDAQ:CVLT) securities between April 29, 2025, and January 26, 2026, can apply to be lead plaintiffs in the class action lawsuit by July 17, 2026, indicating significant investor dissatisfaction with the company's management.
- Financial Performance Misstep: Commvault's Q3 2026 financial results released on January 27, 2026, revealed a net new annual recurring revenue (ARR) of $39 million, falling short of the previously guided $45 million, leading to a stock price drop of over 31%, reflecting a severe lack of market confidence in the company's performance.
- False Statement Allegations: The lawsuit alleges that Commvault and its executives made false and misleading statements during the class period, failing to disclose the impact of sales types on ARR growth, which may have misled investors in their decision-making, further exacerbating legal risks.
- Law Firm Background: Robbins Geller is one of the world's leading law firms in securities fraud and shareholder rights litigation, recovering over $916 million for investors in 2025, showcasing its strong capability and influence in handling similar cases.
See More
Commvault Securities Class Action Reminder
- Class Action Notice: Rosen Law Firm reminds investors who purchased Commvault securities between April 29, 2025, and January 26, 2026, to apply as lead plaintiffs by July 17, 2026, to participate in the class action and seek compensation.
- Fee Arrangement: Investors joining the class action will not incur any upfront costs, as the law firm operates on a contingency fee basis, thereby reducing the financial burden on investors.
- Lawsuit Background: The lawsuit alleges that Commvault provided overly positive statements while concealing significant adverse facts regarding its Annual Recurring Revenue (ARR) growth environment, resulting in investor losses when the truth emerged.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, demonstrating its expertise and successful track record in this field.
See More
Commvault Achieves Top Rankings in 2026 Gartner Backup Report
- Industry Leadership: Commvault ranked #1 in five out of six use cases in the 2026 Gartner Critical Capabilities report, particularly excelling in Ransomware Protection, Detection, and Recovery with a score of 4.52, reinforcing its leadership position in the data protection market.
- Outstanding Overall Scores: The company achieved scores of 4.1 or higher across all assessed critical capabilities, including Hybrid (4.47), Multicloud (4.38), and SaaS (4.28), indicating strong adaptability and reliability of its products in various environments, thereby enhancing customer trust.
- Continuous Innovation: Commvault is expanding its cloud platform, with the new Cloud Unity platform providing centralized management across hybrid, multicloud, and SaaS environments, helping organizations identify clear recovery points and validate recoverability, thus enhancing recovery capabilities in complex environments and ensuring the safety of critical data and applications.
- Market Recognition: Following this report, Commvault has been recognized as a Leader in the 2026 Gartner Magic Quadrant for Backup and Data Protection Platforms, marking its 15th consecutive time receiving this honor, reflecting its ongoing innovation and market impact in data security and recovery.
See More
Commvault Achieves Top Rankings in Gartner's Backup and Data Protection Report
- Industry Leadership: Commvault ranked #1 in five out of six use cases in the 2026 Gartner Critical Capabilities report, particularly excelling in Ransomware Protection, Detection, and Recovery with a score of 4.52, which reinforces its leadership position in the data protection market.
- Outstanding Overall Scores: Commvault achieved scores above 4.1 across all assessed critical capabilities, including Hybrid (4.47), Multicloud (4.38), and SaaS (4.28), indicating strong adaptability and reliability of its products across various environments, thereby enhancing customer trust.
- Continuous Innovation: Commvault is expanding its cloud platform, with the new Cloud Unity platform providing centralized management that helps organizations identify clear recovery points in complex hybrid and multicloud environments, thereby boosting customer confidence and efficiency in data recovery processes, which further drives business continuity.
- Strategic Focus: The Chief Product Officer of Commvault stated that the company's strong performance in ransomware protection reflects its ongoing commitment to enhancing cyber resilience and reducing recovery risks, which not only increases customer security but also allows the company to capture a larger market share in a competitive landscape.
See More
Multiple Companies Face Class Action Lawsuits
- Phreesia Lawsuit: Phreesia Inc. is facing allegations for misleading investors about its long-term growth outlook during the period from May 2025 to March 2026, claiming reliable revenue growth while the uncertainty of its pharmaceutical marketing commitments jeopardizes the 2027 revenue target, resulting in investor losses.
- Sportradar Violations: Sportradar Group AG is accused of collaborating with black-market gambling operators from November 2024 to April 2026, despite assurances of legal compliance, which has severely undermined investor confidence in the company's operations and prospects.
- Commvault Sales Issues: Commvault Systems Inc. is facing claims for failing to disclose the impact of sales types on annual recurring revenue (ARR) growth from April 2025 to January 2026, leading to materially misleading positive statements that harmed investor interests.
- Veritone Financial Misconduct: Veritone, Inc. is accused of inaccurately recording revenue and costs from October 2025 to April 2026, necessitating a restatement of financial statements, which has significantly affected investor trust in the company's financial health.
See More
Commvault Appoints New Chief Partner Officer to Accelerate Global Channel Growth
- Leadership Change: Commvault has appointed Brian Lanigan as Chief Partner Officer, who will lead the Global Partner Organization and report directly to Geoff Haydon, President of Customer and Field Operations, aiming to drive the implementation of the company's worldwide partner strategy.
- Extensive Experience: Lanigan brings over 20 years of experience in the cybersecurity and enterprise software industries, having held leadership roles at SentinelOne, Lacework, Splunk, and HP Software, where he successfully drove partner-led growth and strengthened strategic alliances.
- Strategic Importance: Haydon emphasized the central role of partners in the company's growth strategy, and Lanigan's addition is expected to enhance customer resilience readiness in an increasingly complex AI and cybersecurity landscape, further solidifying Commvault's leadership in the industry.
- Future Outlook: Lanigan expressed excitement about collaborating with the global partner ecosystem to create new growth opportunities, deliver exceptional customer outcomes, and expand the value Commvault brings to organizations worldwide, demonstrating the company's confidence in future development.
See More
