Splunk (SPLK) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $156.90 to $156.90
• 50-Day Range: $156.21 to $156.90
• 52-Week Range: $82.19 to $156.97
• Volume: 200 shs
• Average Volume: 2.08 million shs
• Market Capitalization: $26.44 billion
• P/E Ratio: 124.52
• Dividend Yield: N/A
• Price Target: $157.00
• Consensus Rating: Hold

Splunk Stock Analysis - MarketRank™

Splunk scored higher than 36% of companies evaluated by MarketBeat, and ranked 529th out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Splunk has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Splunk has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 82.10%

Earnings Growth

Earnings for Splunk are expected to grow by 82.10% in the coming year, from $1.62 to $2.95 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Splunk is 124.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Splunk is 124.52, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 266.51.

Price to Earnings Growth Ratio

Splunk has a PEG Ratio of 4.42. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SPLK.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Splunk does not currently pay a dividend.

Dividend Growth

Splunk does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.6 / 5
• Environmental Score: -0.81

Short Interest

There is no current short interest data available for SPLK.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

Search Interest

3 people have searched for SPLK on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

1 people have added Splunk to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Splunk insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.17% of the stock of Splunk is held by insiders.

Percentage Held by Institutions

87.56% of the stock of Splunk is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SPLK Stock Analysis - Frequently Asked Questions

How were Splunk's earnings last quarter?

Splunk Inc. (NASDAQ:SPLK) posted its quarterly earnings results on Wednesday, August, 23rd. The software company reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.25. The company's revenue for the quarter was up 14.0% on a year-over-year basis.

Does Splunk have any subsidiaries?

Splunk subsidiaries include twinwave, TruSTAR, Flowmill, Rigor, Plumbr, Streamlio, SignalFx, and more.

What other stocks do shareholders of Splunk own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Splunk investors own include NVIDIA (NVDA), CrowdStrike (CRWD), Datadog (DDOG), MongoDB (MDB), Cloudflare (NET), Endava (DAVA) and SiTime (SITM).

Company Calendar

• Last Earnings: 8/23/2023
• Today: 10/31/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Software - Infrastructure
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:SPLK
• CUSIP: 84863710
• CIK: 1353283
• Web: www.splunk.com
• Phone: (415) 848-8400
• Fax: 415-568-4259
• Employees: 8,000
• Year Founded: 2003

Price Target and Rating

• Average Stock Price Target: $157.00
• High Stock Price Target: $157.00
• Low Stock Price Target: $157.00
• Potential Upside/Downside: +0.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.26
• Trailing P/E Ratio: 124.52
• Forward P/E Ratio: 96.85
• P/E Growth: 4.42
• Net Income: $263.73 million
• Net Margins: 6.26%
• Pretax Margin: 3.03%
• Return on Equity: 32,117.42%
• Return on Assets: 7.18%

Debt

• Debt-to-Equity Ratio: 15.61
• Current Ratio: 1.69
• Quick Ratio: 1.69

Sales & Book Value

• Annual Sales: $4.22 billion
• Price / Sales: 6.27
• Cash Flow: $0.47 per share
• Price / Cash Flow: 333.90
• Book Value: ($0.68) per share
• Price / Book: -230.74

Miscellaneous

• Outstanding Shares: 168,500,000
• Free Float: 168,214,000
• Market Cap: $26.44 billion
• Optionable: Optionable
• Beta: 1.00