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NASDAQ:SPLK

Splunk (SPLK) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$156.90
$156.90
50-Day Range
$156.21
$156.90
52-Week Range
$82.19
$156.97
Volume
32 shs
Average Volume
2.08 million shs
Market Capitalization
$26.44 billion
P/E Ratio
124.52
Dividend Yield
N/A
Price Target
$136.88

Splunk MarketRank™ Stock Analysis

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
12.8% Downside
$136.88 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-0.82
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
82.10%
From $1.62 to $2.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.96 out of 5 stars

Computer And Technology Sector

539th out of 604 stocks

Software - Infrastructure Industry

2nd out of 2 stocks

SPLK stock logo

About Splunk Stock (NASDAQ:SPLK)

Splunk Inc., together with its subsidiaries, develops and markets cloud services and licensed software solutions in the United States and internationally. The company offers unified security and observability platform, including Splunk Security that helps security leaders fortify their organization's digital resilience by mitigating cyber risk and meeting compliance requirements; and Splunk Observability, which provides visibility across the full stack of infrastructure, applications, and the digital customer experience. It also provides application programming interfaces, software development kits, and other interfaces that enables its network of third-party developers, partners, and customers to build content, including pre-built data inputs, workflows, searches, reports, alerts, custom dashboards, flexible user interface components, custom data visualizations, and integration actions and methods that configures and extends its solutions to accommodate specific use cases. In addition, the company offers adoption and implementation, education, and customer support services. It sells its offerings directly through field and inside sales, and indirectly through various routes to market with various partners. Splunk Inc. was incorporated in 2003 and is headquartered in San Francisco, California. As of March 18, 2024, Splunk Inc. operates as a subsidiary of Cisco Systems, Inc.

SPLK Stock News Headlines

Fair Use Wins: Court Sides with Cribl in Splunk’s Lawsuit
SPLK May 2024 170.000 call
Splunk acquisition is 'a game-changer': Cisco CFO
How Cisco Will Integrate Splunk Into Company
Cisco Completes $28 Billion Splunk Deal Early
Cisco completes Splunk acquisition
See More Headlines
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Company Calendar

Last Earnings
8/23/2023
Today
5/29/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Software - Infrastructure
Sub-Industry
Application Software
Current Symbol
NASDAQ:SPLK
CUSIP
84863710
Employees
8,000
Year Founded
2003

Price Target and Rating

Average Stock Price Target
$136.88
High Stock Price Target
$157.00
Low Stock Price Target
$105.00
Potential Upside/Downside
-12.8%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
28 Analysts

Profitability

Net Income
$263.73 million
Pretax Margin
3.03%

Debt

Sales & Book Value

Annual Sales
$4.22 billion
Cash Flow
$0.47 per share
Book Value
($0.68) per share

Miscellaneous

Free Float
168,214,000
Market Cap
$26.44 billion
Optionable
Optionable
Beta
1.00

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SPLK Stock Analysis - Frequently Asked Questions

Should I buy or sell Splunk stock right now?

28 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Splunk in the last twelve months. There are currently 23 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SPLK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPLK, but not buy additional shares or sell existing shares.
View SPLK analyst ratings
or view top-rated stocks.

What is Splunk's stock price target for 2024?

28 Wall Street analysts have issued 1-year price objectives for Splunk's stock. Their SPLK share price targets range from $105.00 to $157.00. On average, they expect the company's share price to reach $136.88 in the next twelve months. This suggests that the stock has a possible downside of 12.8%.
View analysts price targets for SPLK
or view top-rated stocks among Wall Street analysts.

How were Splunk's earnings last quarter?

Splunk Inc. (NASDAQ:SPLK) released its quarterly earnings data on Wednesday, August, 23rd. The software company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.25. The software company earned $910.59 million during the quarter, compared to analyst estimates of $889.29 million. Splunk had a trailing twelve-month return on equity of 32,117.42% and a net margin of 6.26%. Splunk's revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.94) earnings per share.

What is Doug Merritt's approval rating as Splunk's CEO?

350 employees have rated Splunk Chief Executive Officer Doug Merritt on Glassdoor.com. Doug Merritt has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Splunk own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Splunk investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), Block (SQ), Advanced Micro Devices (AMD), Micron Technology (MU), Netflix (NFLX), PayPal (PYPL), Tesla (TSLA) and Walt Disney (DIS).

Who are Splunk's major shareholders?

Splunk's stock is owned by a number of institutional and retail investors. Top institutional shareholders include B. Riley Wealth Advisors Inc. (0.00%), Riverview Trust Co (0.00%), RPO LLC (0.00%), Twin Tree Management LP (0.00%), XR Securities LLC (0.00%) and SG Americas Securities LLC (0.00%). Insiders that own company stock include Christian Smith, Douglas Merritt, Elisa Steele, Gary Steele, Graham Smith, Jason Child, Scott Morgan, Shawn Bice and Timothy Emanuelson.
View institutional ownership trends
.

Does Splunk have any subsidiaries?
The following companies are subsidiares of Splunk: BugSense, Caspida, Caspida Inc., CloudMeter, Drastin, Drastin Inc., Flowmill, Flowmill LLC, KryptonCloud, Metafor, Omnition, Omnition LLC, Phantom, Phantom Cyber Corporation, Phantom International LLC, Plumbr, Rigor, Rigor Inc., Rocana, SIGNALSENSE Inc., SignalFx, SignalFx Australia Pty Ltd, SignalFx France SARL, SignalFx Germany GmbH, SignalFx LLC, SignalFx Netherlands B.V., SignalFx Sweden AB, SignalFx UK Limited, SignalSense, Splunk Cayman Holding Ltd., Splunk Information Technology Shanghai Co. Ltd., Splunk Ireland Limited, Splunk Services Australia Pty. Ltd., Splunk Services Belgium BV, Splunk Services Canada ULC, Splunk Services Cayman Ltd., Splunk Services Czech Republic s.r.o., Splunk Services Estonia OÜ, Splunk Services FZ-LLC, Splunk Services France SAS, Splunk Services Germany GmbH, Splunk Services Hong Kong Limited, Splunk Services India Private Limited, Splunk Services Israel Ltd., Splunk Services Japan GK, Splunk Services Korea, Splunk Services LLC, Splunk Services Malaysia Sdn. Bhd., Splunk Services Netherlands B.V., Splunk Services New Zealand Limited, Splunk Services Poland sp. z.o.o., Splunk Services Singapore Pte. Ltd., Splunk Services South Africa PTY Ltd., Splunk Services Sweden AB, Splunk Services UK Limited, Splunk Serviços do Brasil Ltda., Splunk Technology Consulting Beijing Co. Ltd., Streamlio, Streamlio Inc., TruSTAR, TruSTAR Technology Inc., VictorOps, VictorOps Inc., and twinwave.
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This page (NASDAQ:SPLK) was last updated on 5/29/2024 by MarketBeat.com Staff

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