Splunk (SPLK) Stock Forecast & Price Target

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$156.90

0.00 (0.00%)

(As of 04/12/2024)

Splunk Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 28 Analyst Ratings

Analysts' Consensus Price Target

$135.31
-13.76% Downside

High Forecast	$157.00
Average Forecast	$135.31
Low Forecast	$105.00

Type	Current Forecast 4/20/23 to 4/19/24	1 Month Ago 3/21/23 to 3/20/24	3 Months Ago 1/20/23 to 1/20/24	1 Year Ago 4/20/22 to 4/20/23
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	15 Buy rating(s)
Hold	23 Hold rating(s)	23 Hold rating(s)	24 Hold rating(s)	9 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$135.31	$135.31	$134.00	$114.73
Predicted Upside	-13.76% Downside	11.18% Upside	10.74% Upside	20.43% Upside

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SPLK Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SPLK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Splunk Stock vs. The Competition

Type	Splunk	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.18	2.58	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	-13.76% Downside	130.11% Upside	11.65% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
11/29/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$157.00	+3.83%
11/27/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$157.00	+3.34%
10/10/2023	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral
10/2/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Neutral
9/26/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
9/22/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$105.00	-27.30%
Get the Latest News and Ratings for SPLK and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Splunk and its competitors with MarketBeat's FREE daily newsletter.
9/22/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
9/22/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$116.00 ➝ $157.00	+8.70%
9/22/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$135.00 ➝ $157.00	+8.70%
9/22/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform	$132.00 ➝ $157.00	+8.70%
9/21/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral
9/21/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$127.00 ➝ $157.00	+8.70%
9/21/2023	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$145.00 ➝ $157.00	+8.31%
9/21/2023	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
9/21/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight
9/21/2023	Capital One Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$157.00	+8.47%
9/21/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
9/19/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$117.00 ➝ $125.00	+4.82%
8/24/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$125.00 ➝ $130.00	+14.17%
8/24/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform ➝ Market Perform	$110.00 ➝ $115.00	+1.05%
8/24/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$100.00 ➝ $120.00	+5.57%
8/24/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$110.00 ➝ $118.00	+3.77%
8/24/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$105.00 ➝ $120.00	+5.53%
8/24/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$115.00	+15.08%
8/24/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$105.00 ➝ $120.00	+20.08%
8/24/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$130.00 ➝ $150.00	+50.11%
8/24/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$135.00 ➝ $140.00	+40.10%
8/24/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$130.00 ➝ $134.00	+34.09%
5/25/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$95.00 ➝ $110.00	+13.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:56 PM ET.

SPLK Price Target - Frequently Asked Questions

What is Splunk's consensus rating and price target?: According to the issued ratings of 28 analysts in the last year, the consensus rating for Splunk stock is Hold based on the current 23 hold ratings and 5 buy ratings for SPLK. The average twelve-month price prediction for Splunk is $135.31 with a high price target of $157.00 and a low price target of $105.00. Learn more on SPLK's analyst rating history.
Do Wall Street analysts like Splunk more than its competitors?: Analysts like Splunk less than other Computer and Technology companies. The consensus rating for Splunk is Hold while the average consensus rating for computer and technology companies is Moderate Buy. Learn more on how SPLK compares to other companies.
Does Splunk's stock price have much upside?: According to analysts, Splunk's stock has a predicted upside of 11.18% based on their 12-month stock forecasts.

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This page (NASDAQ:SPLK) was last updated on 4/19/2024 by MarketBeat.com Staff

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Splunk (SPLK) Stock Forecast & Price Target

Splunk Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

SPLK Analyst Ratings By Month

SPLK Price Targets by Month

Splunk Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

SPLK Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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