Splunk Stock Forecast, Price & News

28 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Splunk in the last year. There are currently 11 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Splunk stock.
View analyst ratings for Splunk or view top-rated stocks.

Wall Street analysts have given Splunk a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Splunk wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Splunk is scheduled to release its next quarterly earnings announcement on Wednesday, December 1st 2021.
View our earnings forecast for Splunk.

Splunk Inc. (NASDAQ:SPLK) issued its earnings results on Tuesday, August, 24th. The software company reported ($0.62) earnings per share for the quarter, topping the consensus estimate of ($0.69) by $0.07. The software company had revenue of $605.74 million for the quarter, compared to the consensus estimate of $563.27 million. Splunk had a negative net margin of 49.60% and a negative trailing twelve-month return on equity of 55.19%. The business's revenue was up 23.2% on a year-over-year basis. During the same quarter last year, the firm posted ($0.33) EPS.
View Splunk's earnings history.

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 stock has increased by 25.7% and is now trading at $151.78.
View which stocks have been most impacted by COVID-19.

Splunk updated its FY 2022 earnings guidance on Wednesday, September, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.53 billion-$2.60 billion, compared to the consensus revenue estimate of $2.53 billion.

28 analysts have issued 1 year price targets for Splunk's stock. Their forecasts range from $125.00 to $215.00. On average, they anticipate Splunk's share price to reach $177.44 in the next year. This suggests a possible upside of 16.9% from the stock's current price.
View analysts' price targets for Splunk or view top-rated stocks among Wall Street analysts.

350 employees have rated Splunk CEO Doug Merritt on Glassdoor.com. Doug Merritt has an approval rating of 88% among Splunk's employees.

Some companies that are related to Splunk include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Workday (WDAY), Autodesk (ADSK), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Tyler Technologies (TYL), SS&C Technologies (SSNC), Nuance Communications (NUAN), FactSet Research Systems (FDS), Citrix Systems (CTXS), Fair Isaac (FICO) and Pegasystems (PEGA).
View all of SPLK's 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), Square (SQ), Advanced Micro Devices (AMD), Micron Technology (MU), Netflix (NFLX), PayPal (PYPL), Tesla (TSLA) and The Walt Disney (DIS).

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

Splunk's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Jefferies Group LLC (0.00%), Price T Rowe Associates Inc. MD (11.08%), Vanguard Group Inc. (8.91%), Primecap Management Co. CA (4.19%), Clearbridge Investments LLC (3.36%) and Geode Capital Management LLC (1.22%). Company insiders that own Splunk stock include Douglas Merritt, Graham Smith, Jason Child, Ledger Susan St, 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 Edmond DE Rothschild Holding S.A., Price T Rowe Associates Inc. MD, Renaissance Technologies LLC, Compagnie Lombard Odier SCmA, American Century Companies Inc., Bamco Inc. NY, Marshall Wace LLP, and Marshall Wace LLP. 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 or view top insider-selling stocks.

SPLK stock was purchased by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Primecap Management Co. CA, Artemis Investment Management LLP, Miller Value Partners LLC, Epoch Investment Partners Inc., Jefferies Group LLC, XN Exponent Advisors LLC, and Newbrook Capital Advisors LP.
View insider buying and selling activity for Splunk or or view top insider-buying stocks.

Shares of SPLK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SPLK stock can currently be purchased for approximately $151.78.

Splunk has a market capitalization of $24.52 billion and generates $2.23 billion in revenue each year. The software company earns $-907,980,000.00 in net income (profit) each year or ($4.55) on an earnings per share basis.

Splunk employs 6,500 workers across the globe.

The following companies are subsidiares of Splunk: BugSense, Caspida, CloudMeter, Drastin, Flowmill, KryptonCloud, Metafor, Omnition, Phantom, Plumbr, Rigor, Rocana, SignalFx, SignalSense, Splunk Cayman Holding Ltd., Splunk Information Technology (Shanghai) Co., Splunk Ireland Limited, Splunk Services Australia Pty. Ltd., Splunk Services Belgium BVBA, Splunk Services Canada Inc., Splunk Services Cayman Ltd., Splunk Services FZ-LLC, Splunk Services France SAS, Splunk Services Germany GmbH, Splunk Services Hong Kong Ltd, Splunk Services India Private Limited, Splunk Services Japan GK, Splunk Services Korea, Splunk Services LLC, Splunk Services Malaysia Sdn. Bhd., Splunk Services Netherlands B.V., Splunk Services New Zealand Limited, Splunk Services Singapore Pte Ltd, Splunk Services Sweden AB, Splunk Services UK Limited, Splunk Serviços do Brasil Ltda., Splunk Technology Consulting (Beijing) Co., Streamlio, and VictorOps.

Splunk was founded in 2003.

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

Splunk is headquartered at 270 BRANNAN STREET, SAN FRANCISCO CA, 94107.

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]