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 (WHO). Since then, SPLK shares have increased by 53.9% and is now trading at $185.84. View which stocks have been most impacted by Coronavirus.

33 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 27 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Splunk.

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) released its quarterly earnings results on Thursday, May, 21st. The software company reported ($0.56) earnings per share for the quarter, topping analysts' consensus estimates of ($0.57) by $0.01. The software company had revenue of $434.08 million for the quarter, compared to the consensus estimate of $443.60 million. Splunk had a negative return on equity of 17.54% and a negative net margin of 20.56%. Splunk's revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.02 earnings per share. View Splunk's earnings history.

Splunk issued an update on its second quarter 2021 After-Hours earnings guidance on Thursday, May, 21st. The company provided earnings per share (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.

33 analysts have issued 12-month price targets for Splunk's stock. Their forecasts range from $102.00 to $215.00. On average, they anticipate Splunk's stock price to reach $178.87 in the next year. This suggests that the stock has a possible downside of 3.8%. View analysts' price targets for Splunk.

Press coverage about SPLK stock has been trending very negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Splunk earned a daily sentiment score of -3.7 on InfoTrie's scale. They also assigned news coverage about the software company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutSplunk.

Some companies that are related to Splunk include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Citrix Systems (CTXS), SS&C Technologies (SSNC), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS), Guidewire Software (GWRE) and Pegasystems (PEGA). View all competitors.

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 a number of retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (4.14%), Primecap Management Co. CA (3.54%), Clearbridge Investments LLC (3.05%), Pictet Asset Management Ltd. (1.77%), Sumitomo Mitsui Trust Holdings Inc. (1.40%) and Geode Capital Management LLC (1.12%). 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, Thomas M Neustaetter, 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 Primecap Management Co. CA, Pictet Asset Management Ltd., Federated Hermes Inc., Fiera Capital Corp, Scout Investments Inc., APG Asset Management N.V., Carillon Tower Advisers Inc., and Spence Asset Management. 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 Alliancebernstein L.P., Sumitomo Mitsui Trust Holdings Inc., Jennison Associates LLC, Nuveen Asset Management LLC, Sarasin & Partners LLP, Champlain Investment Partners LLC, North Peak Capital Management LLC, and First Trust Advisors LP. 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 $185.84.

Splunk has a market capitalization of $29.52 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]