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 57.7% and is now trading at $190.40.
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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 26th 2020.
View our earnings forecast for Splunk.

Splunk will be holding an earnings conference call on Wednesday, August 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Splunk Inc (NASDAQ:SPLK) posted its earnings results on Thursday, May, 21st. The software company reported ($0.56) EPS for the quarter, beating 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 was up 2.2% compared to the same quarter last year. During the same period last year, the business earned $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 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 twelve-month price targets for Splunk's stock. Their forecasts range from $102.00 to $254.00. On average, they expect Splunk's share price to reach $194.97 in the next year. This suggests a possible upside of 2.4% from the stock's current price.
View analysts' price targets for Splunk.

Headlines about SPLK stock have been trending positive recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Splunk earned a daily sentiment score of 2.7 on InfoTrie's scale. They also assigned news articles about the software company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.
View the latest news about Splunk.

Splunk saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 8,300,000 shares, an increase of 12.9% from the December 15th total of 7,350,000 shares. Based on an average daily trading volume, of 1,860,000 shares, the days-to-cover ratio is presently 4.5 days.
View Splunk's Short Interest.

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), FactSet Research Systems (FDS), Tyler Technologies (TYL), Fair Isaac (FICO), Pegasystems (PEGA) and Guidewire Software (GWRE).
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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), Square (SQ), Paypal (PYPL), Advanced Micro Devices (AMD), Micron Technology (MU), Netflix (NFLX), QUALCOMM (QCOM) 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 investors include Jennison Associates LLC (3.59%), Sumitomo Mitsui Trust Holdings Inc. (1.38%), First Trust Advisors LP (1.07%), TCW Group Inc. (0.59%), Federated Hermes Inc. (0.50%) and Frontier Capital Management Co. LLC (0.46%). 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 Macquarie Group Ltd., New York State Common Retirement Fund, Jennison Associates LLC, SG Americas Securities LLC, Ensign Peak Advisors Inc, Nordea Investment Management AB, US Bancorp DE, and Federated Hermes Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Sarasin & Partners LLP, Prudential PLC, Healthcare of Ontario Pension Plan Trust Fund, Prio Wealth Limited Partnership, CIBC Private Wealth Group LLC, Frontier Capital Management Co. LLC, and Columbus Circle Investors.
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 $190.40.

Splunk has a market capitalization of $30.25 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]