NASDAQ:SPLKSplunk Stock Price, Forecast & News

Splunk's stock was trading at $120.74 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SPLK shares have increased by 75.0% and is now trading at $211.32. View which stocks have been most impacted by Coronavirus.

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." 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) posted its earnings results on Thursday, May, 21st. The software company reported ($0.56) EPS 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 analyst estimates of $443.60 million. Splunk had a negative net margin of 20.56% and a negative return on equity of 17.40%. The business's revenue for the quarter was up 2.2% on a year-over-year basis. During the same period last 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.

35 Wall Street analysts have issued 1-year price objectives for Splunk's stock. Their forecasts range from $102.00 to $254.00. On average, they expect Splunk's stock price to reach $190.88 in the next twelve months. This suggests that the stock has a possible downside of 9.7%. View analysts' price targets for Splunk.

Headlines about SPLK stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog 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 news impact score of -1.5 on InfoTrie's scale. They also assigned headlines about the software company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several 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), Synopsys (SNPS), Cadence Design Systems (CDNS), 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). 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 Envestnet Asset Management Inc. (0.12%), State of Alaska Department of Revenue (0.01%), DNB Asset Management AS (0.01%), Arden Trust Co (0.00%), Triangle Securities Wealth Management (0.00%) and Diversified Trust Co (0.00%). 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 State of Alaska Department of Revenue, Fulton Bank N. A., Exane Derivatives, and Arden Trust Co. 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 acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Aries Wealth Management, Diversified Trust Co, Livforsakringsbolaget Skandia Omsesidigt, Nelson Van Denburg & Campbell Wealth Management Group LLC, Triangle Securities Wealth Management, DNB Asset Management AS, and Ellevest 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 $211.32.

Splunk has a market capitalization of $33.57 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]