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S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up

Splunk - SPLK Stock Forecast, Price & News

$106.16
+2.35 (+2.26%)
(As of 02/7/2023 12:00 AM ET)
Add
Compare
Today's Range
$102.55
$106.92
50-Day Range
$75.89
$106.99
52-Week Range
$65.00
$150.79
Volume
2.37 million shs
Average Volume
1.82 million shs
Market Capitalization
$17.38 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$116.45

Splunk MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
9.7% Upside
$116.45 Price Target
Short Interest
Healthy
4.46% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.51
Upright™ Environmental Score
News Sentiment
0.17mentions of Splunk in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$88,130 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.27) to ($2.04) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Computer And Technology Sector

168th out of 610 stocks

Prepackaged Software Industry

46th out of 216 stocks

SPLK stock logo

About Splunk (NASDAQ:SPLK) Stock

Splunk, Inc. engages in the development and marketing of cloud software solutions. Its products include Splunk cloud, Splunk light and Splunk enterprise. It also offers solutions for Information Technology operations, security, internet-of-things, application analytics, business analytics, and industries. The company was founded by Erik M. Swan, Michael J. Baum and Robin K. Das in October 2003 and is headquartered in San Francisco, CA.

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SPLK Stock News Headlines

These AI, Cloud Stocks are Down Significantly, Not For Long (SPLK)
These three AI/Cloud stocks are near historic lows but the industry is growing. As such, any of these could rebound; though it may take longer for some.
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Splunk to Cut About 325 Jobs, Scale Back Outsourcing
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Splunk: Ready For Takeoff
Splunk Appoints Brian Roberts as Chief Financial Officer
Splunk Names Former Lyft CFO as Finance Chief
Why Splunk Shares Gained 10.8% Last Month
Why Is Splunk (SPLK) Down 5.4% Since Last Earnings Report?
Here's Why Splunk (SPLK) is an Enterprising Portfolio Pick
Splunk Is A Rare Tech Growth Opportunity For 2023
See More Headlines
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SPLK Company Calendar

Last Earnings
11/30/2022
Today
2/07/2023
Next Earnings (Confirmed)
3/01/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:SPLK
CUSIP
84863710
Employees
7,000
Year Founded
2003

Price Target and Rating

Average Stock Price Forecast
$116.45
High Stock Price Forecast
$232.00
Low Stock Price Forecast
$86.00
Forecasted Upside/Downside
+9.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
29 Analysts

Profitability

Net Income
$-1,339,100,000.00
Pretax Margin
-20.05%

Debt

Sales & Book Value

Annual Sales
$2.67 billion
Book Value
$1.40 per share

Miscellaneous

Free Float
163,389,000
Market Cap
$17.38 billion
Optionable
Optionable
Beta
1.30

Social Links


Key Executives

  • Gary Leigh Steele
    President, Chief Executive Officer & Director
  • Brian Roberts
    Chief Financial Officer & Senior Vice President
  • Jeremy D. Rishel
    Senior Vice President-Engineering
  • Ammar Maraqa
    Chief Strategy Officer & Senior Vice President
  • Christian T. Smith
    Chief Revenue Officer & Senior Vice President













SPLK Stock - Frequently Asked Questions

Should I buy or sell Splunk stock right now?

29 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Splunk in the last twelve months. There are currently 11 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SPLK shares.
View SPLK analyst ratings
or view top-rated stocks.

What is Splunk's stock price forecast for 2023?

29 analysts have issued 1 year price targets for Splunk's shares. Their SPLK share price forecasts range from $86.00 to $232.00. On average, they expect the company's share price to reach $116.45 in the next year. This suggests a possible upside of 9.7% from the stock's current price.
View analysts price targets for SPLK
or view top-rated stocks among Wall Street analysts.

How have SPLK shares performed in 2023?

Splunk's stock was trading at $86.09 on January 1st, 2023. Since then, SPLK stock has increased by 23.3% and is now trading at $106.16.
View the best growth stocks for 2023 here
.

Are investors shorting Splunk?

Splunk saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 6,660,000 shares, a drop of 15.3% from the December 31st total of 7,860,000 shares. Based on an average daily volume of 2,080,000 shares, the days-to-cover ratio is currently 3.2 days. Currently, 4.5% of the shares of the stock are sold short.
View Splunk's Short Interest
.

When is Splunk's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our SPLK earnings forecast
.

How can I listen to Splunk's earnings call?

Splunk will be holding an earnings conference call on Wednesday, March 1st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Splunk's earnings last quarter?

Splunk Inc. (NASDAQ:SPLK) posted its earnings results on Wednesday, November, 30th. The software company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.74) by $0.72. The software company had revenue of $929.77 million for the quarter, compared to the consensus estimate of $845.91 million.

What guidance has Splunk issued on next quarter's earnings?

Splunk issued an update on its fourth quarter 2023 earnings guidance on Friday, December, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.05 billion-$1.08 billion, compared to the consensus revenue estimate of $1.06 billion.

What is Doug Merritt's approval rating as Splunk's CEO?

350 employees have rated Splunk Chief Executive Officer Doug Merritt on Glassdoor.com. Doug Merritt has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Splunk own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Splunk investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), Block (SQ), Advanced Micro Devices (AMD), Micron Technology (MU), Netflix (NFLX), PayPal (PYPL), Tesla (TSLA) and Walt Disney (DIS).

What is Splunk's stock symbol?

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

Who are Splunk's major shareholders?

Splunk's stock is owned by a variety of retail and institutional investors. Top institutional investors include Sarasin & Partners LLP (1.01%), Sumitomo Mitsui Trust Holdings Inc. (0.52%), Scout Investments Inc. (0.44%), Robeco Institutional Asset Management B.V. (0.26%), Assenagon Asset Management S.A. (0.25%) and Parnassus Investments LLC (0.21%). Insiders that own company stock include Douglas Merritt, Elisa Steele, Graham Smith, Jason Child, Ledger Susan St, Scott Morgan, Shawn Bice, Timothy Emanuelson and Timothy Tully.
View institutional ownership trends
.

How do I buy shares of Splunk?

Shares of SPLK stock 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.
Compare Top Brokerages Here.

What is Splunk's stock price today?

One share of SPLK stock can currently be purchased for approximately $106.16.

How much money does Splunk make?

Splunk (NASDAQ:SPLK) has a market capitalization of $17.38 billion and generates $2.67 billion in revenue each year. The software company earns $-1,339,100,000.00 in net income (profit) each year or ($4.28) on an earnings per share basis.

How many employees does Splunk have?

The company employs 7,000 workers across the globe.

Does Splunk have any subsidiaries?
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.
Read More
How can I contact Splunk?

Splunk's mailing address is 270 BRANNAN STREET, SAN FRANCISCO CA, 94107. The official website for the company is www.splunk.com. The software company can be reached via phone at (415) 848-8400, via email at ir@splunk.com, or via fax at 415-568-4259.

This page (NASDAQ:SPLK) was last updated on 2/8/2023 by MarketBeat.com Staff