11 Overlooked Tech Stocks to Invest In

3. Commvault Systems, Inc. (NASDAQ:CVLT)

Upside Potential: 53.76%

Number of Hedge Fund Holders: 29

Commvault Systems, Inc. (NASDAQ:CVLT) is one of the overlooked tech stocks to invest in.

Commvault Systems, Inc. (NASDAQ:CVLT) was revisited by Robert W. Baird’s Shrenik Kothari on November 12, 2025, who reaffirmed his “Buy” rating with a $215 price target. The analyst’s bullish stance stemmed from strong momentum in the company’s annual recurring revenue (ARR) and SaaS adoption. He sees the company in a strong position due to its “land-and-expand” SaaS strategy and rising market share against its peers. Furthermore, Commvault’s upcoming SHIFT event, expected to showcase its evolution into a hybrid-first, AI-ready resilience platform, boosted the analyst’s sentiment.

Earlier on October 28, 2025, Commvault Systems, Inc. (NASDAQ:CVLT) announced its Q2 FY2026 results, where it surpassed analyst expectations. The company recorded $1.04 billion in total ARR, a 22% YoY increase, driven by SaaS revenue growth of 61%. The quarter also marked the completion of its Satori Cyber acquisition, the launch of Clumio for Apache Iceberg on AWS, and the expansion of its HyperScale portfolio. With these achievements, the company reinforced its leadership in enterprise-grade cyber resilience. Having reached the $1 billion ARR mark two quarters earlier, the company’s CEO remained confident in its growth outlook.

Commvault Systems, Inc. (NASDAQ:CVLT) secures, manages, and rapidly recovers data across any environment by delivering cyber resilience solutions, providing over 100,000 organizations with its AI-driven, cloud-first data protection.