11 Best Performing Cybersecurity Stocks So Far in 2025

7. Commvault Systems Inc. (NASDAQ:CVLT)

Year-to-Date performance as of April 25: 7.32%

Number of Hedge Fund Holders: 35

Commvault Systems Inc. (NASDAQ:CVLT) is a data protection and information management software provider. The company offers solutions for data backup and recovery, cloud and infrastructure management, retention, and compliance. Its software platform enables companies to safeguard, access, and use all of their data from any location.

On April 22, DA Davidson reiterated its endorsement of Commvault Systems Inc. (NASDAQ:CVLT), maintaining a Buy rating and a $195 price target. The firm’s stance follows CommVault’s recent success, which was highlighted by a solid quarterly report that exceeded expectations and an upward revision of future growth projections. Notably, the company’s organic New Net ARR at CC rose to $38 million, up from $37 million in the prior quarter. Furthermore, despite considerable foreign exchange issues, the company’s fiscal year 2025 ARR growth target has been raised upward from 18% to a range of 19-20%. The durability of CommVault’s SaaS ARR growth was also highlighted, with a year-over-year organic gain of 59% at constant currency, compared to 61% in the prior quarter.