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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Bill Gates is raving about WHAT?! (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Bill Gates is raving about WHAT?! (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
AI Stock Caught Trading Under Secret Name (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Bill Gates is raving about WHAT?! (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Bill Gates is raving about WHAT?! (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
AI Stock Caught Trading Under Secret Name (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Bill Gates is raving about WHAT?! (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
Bill Gates is raving about WHAT?! (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
AI Stock Caught Trading Under Secret Name (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
NASDAQ:SPLK

Splunk (SPLK) Stock Price, News & Analysis

$155.55
-0.08 (-0.05%)
(As of 02/23/2024 08:54 PM ET)
Today's Range
$155.55
$155.78
50-Day Range
$151.80
$155.63
52-Week Range
$82.19
$155.83
Volume
1.27 million shs
Average Volume
1.63 million shs
Market Capitalization
$26.21 billion
P/E Ratio
370.36
Dividend Yield
N/A
Price Target
$135.31

Splunk MarketRank™ Stock Analysis

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
13.0% Downside
$135.31 Price Target
Short Interest
Healthy
3.22% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.97
Upright™ Environmental Score
News Sentiment
0.46mentions of Splunk in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$763,989 Sold Last Quarter
Proj. Earnings Growth
91.11%
From $0.90 to $1.72 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.

3.24 out of 5 stars

Computer And Technology Sector

257th out of 582 stocks

Prepackaged Software Industry

82nd out of 195 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.

SPLK Stock Price History

SPLK Stock News Headlines

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JFrog crushed its fourth quarter earnings report and raised its guidance for 2024; FROG stock is forming a bullish pattern as analysts raise their targets
Splunk (NASDAQ:SPLK) Research Coverage Started at StockNews.com
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Splunk Stock (NASDAQ:SPLK) Insider Trades
Splunk (SPLK) Scheduled to Post Quarterly Earnings on Tuesday
Top Merger Stocks Held By Fund Managers, Mid-Q1 2024
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
StockNews.com Initiates Coverage on Splunk (NASDAQ:SPLK)
Q2 2024 Cisco Systems Inc Earnings Call
PRIMECAP Management Adjusts Stake in Splunk Inc
Why the Market Dipped But Splunk (SPLK) Gained Today
Splunk (SPLK) Stock Dips While Market Gains: Key Facts
PANW Dec 2023 375.000 call
PANW Dec 2023 302.500 put
See More Headlines
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Company Calendar

Last Earnings
11/28/2023
Today
2/25/2024
Next Earnings (Confirmed)
2/27/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$135.31
High Stock Price Target
$157.00
Low Stock Price Target
$105.00
Potential Upside/Downside
-13.0%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
28 Analysts

Profitability

Net Income
$-277,860,000.00
Pretax Margin
3.03%

Debt

Sales & Book Value

Annual Sales
$3.98 billion
Cash Flow
$0.47 per share
Book Value
($0.68) per share

Miscellaneous

Free Float
168,214,000
Market Cap
$26.21 billion
Optionable
Optionable
Beta
1.02

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Key Executives

Should I Buy Splunk Stock? SPLK Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Splunk was last updated on Sunday, February 25, 2024 at 4:41 PM.














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 analysts have issued 1-year target prices for Splunk's shares. Their SPLK share price targets range from $105.00 to $157.00. On average, they expect the company's share price to reach $135.31 in the next year. This suggests that the stock has a possible downside of 13.0%.
View analysts price targets for SPLK
or view top-rated stocks among Wall Street analysts.

How have SPLK shares performed in 2024?

Splunk's stock was trading at $152.35 on January 1st, 2024. Since then, SPLK shares have increased by 2.1% and is now trading at $155.55.
View the best growth stocks for 2024 here
.

Are investors shorting Splunk?

Splunk saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 4,990,000 shares, an increase of 14.2% from the January 15th total of 4,370,000 shares. Based on an average daily volume of 2,030,000 shares, the short-interest ratio is presently 2.5 days. Currently, 3.2% of the shares of the company are sold short.
View Splunk's Short Interest
.

When is Splunk's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our SPLK earnings forecast
.

How were Splunk's earnings last quarter?

Splunk Inc. (NASDAQ:SPLK) issued its quarterly earnings data on Tuesday, November, 28th. The software company reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.47. The software company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.03 billion. Splunk had a negative trailing twelve-month return on equity of 689.21% and a net margin of 2.66%.

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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.71%), Primecap Management Co. CA (6.42%), FIL Ltd (2.72%), Norges Bank (1.48%), Balyasny Asset Management L.P. (1.03%) and Alpine Associates Management Inc. (0.76%). Insiders that own company stock include Christian Smith, Douglas Merritt, Elisa Steele, Gary Steele, Graham Smith, Jason Child, Scott Morgan, Shawn Bice, Timothy Emanuelson and Timothy Tully.
View institutional ownership trends
.

How do I buy shares of Splunk?

Shares of SPLK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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.
Read More
This page (NASDAQ:SPLK) was last updated on 2/26/2024 by MarketBeat.com Staff