NASDAQ:SPLKSplunk Stock Price, Forecast & News

Splunk's stock was trading at $120.74 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SPLK shares have increased by 76.2% and is now trading at $212.77.
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35 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Splunk in the last year. There are currently 1 sell rating, 5 hold ratings and 29 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Splunk is scheduled to release its next quarterly earnings announcement on Wednesday, August 19th 2020.
View our earnings forecast for Splunk.

Splunk Inc (NASDAQ:SPLK) issued its quarterly earnings results on Thursday, May, 21st. The software company reported ($0.56) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.57) by $0.01. The software company earned $434.08 million during the quarter, compared to analyst estimates of $443.60 million. Splunk had a negative return on equity of 17.40% and a negative net margin of 20.56%. The firm's quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.02 earnings per share.
View Splunk's earnings history.

Splunk updated its second quarter 2021 After-Hours earnings guidance on Thursday, May, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $520-520 million, compared to the consensus revenue estimate of $550.57 million.

35 equities research analysts have issued 1-year price targets for Splunk's shares. Their forecasts range from $102.00 to $254.00. On average, they expect Splunk's stock price to reach $194.97 in the next twelve months. This suggests that the stock has a possible downside of 8.4%.
View analysts' price targets for Splunk.

Media stories about SPLK stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Splunk earned a daily sentiment score of -2.9 on InfoTrie's scale. They also gave news coverage about the software company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days.
View the latest news about Splunk.

Some companies that are related to Splunk include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Cadence Design Systems (CDNS), Synopsys (SNPS), ANSYS (ANSS), Citrix Systems (CTXS), SS&C Technologies (SSNC), Tyler Technologies (TYL), FactSet Research Systems (FDS), Fair Isaac (FICO), Guidewire Software (GWRE) and Pegasystems (PEGA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Splunk investors own include NVIDIA (NVDA), Alibaba Group (BABA), salesforce.com (CRM), Micron Technology (MU), Netflix (NFLX), Walt Disney (DIS), Paypal (PYPL), Advanced Micro Devices (AMD), Square (SQ) and Twilio (TWLO).

Splunk trades on the NASDAQ under the ticker symbol "SPLK."

Splunk's stock is owned by many different retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (1.38%), First Trust Advisors LP (1.07%), Frontier Capital Management Co. LLC (0.46%), Sarasin & Partners LLP (0.35%), Raymond James & Associates (0.16%) and Envestnet Asset Management Inc. (0.12%). Company insiders that own Splunk stock include David F Conte, Douglas Merritt, Godfrey Sullivan, Graham Smith, Jason Child, John G Connors, Ledger Susan St, Leonard R Stein, Mark T Carges, Patricia Morrison, Scott Morgan, Timothy Emanuelson and Timothy Tully.
View institutional ownership trends for Splunk.

SPLK stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Sumitomo Mitsui Trust Holdings Inc., CIBC Asset Management Inc, Janney Montgomery Scott LLC, Oregon Public Employees Retirement Fund, State of Alaska Department of Revenue, Brinker Capital Inc., and IFM Investors Pty Ltd. Company insiders that have sold Splunk company stock in the last year include Douglas Merritt, Graham Smith, Jason Child, Ledger Susan St, Scott Morgan, Timothy Emanuelson, and Timothy Tully.
View insider buying and selling activity for Splunk.

SPLK stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Sarasin & Partners LLP, Prudential PLC, Frontier Capital Management Co. LLC, Columbus Circle Investors, Envestnet Asset Management Inc., LA Financiere DE L Echiquier, and Selective Wealth Management Inc..
View insider buying and selling activity for Splunk.

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

One share of SPLK stock can currently be purchased for approximately $212.77.

Splunk has a market capitalization of $33.80 billion and generates $2.36 billion in revenue each year. The software company earns $-336,670,000.00 in net income (profit) each year or ($1.44) on an earnings per share basis. Splunk employs 5,800 workers across the globe.

The official website for Splunk is www.splunk.com.

Splunk's mailing address is 270 BRANNAN STREET, SAN FRANCISCO CA, 94107. The software company can be reached via phone at 415-848-8400 or via email at [email protected]