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S&P 500   3,951.57
DOW   32,244.58
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General Mills Retreats To Buy Zone Ahead Of Earnings 
S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
5 Tech Stocks With Bank-Like Dividend Yields
Check Out This 6-Year Win Streak (Ad)pixel
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Mullen Automotive: Investment? No. Compelling Speculation, Yes 
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Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Check Out This 6-Year Win Streak (Ad)pixel
Which Gold Stocks Can Help You Hedge Bank Exposure?
General Mills Retreats To Buy Zone Ahead Of Earnings 
S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
5 Tech Stocks With Bank-Like Dividend Yields
Check Out This 6-Year Win Streak (Ad)pixel
First Republic Bank Hits New Low, Dimon Pushes for More Cash
Mullen Automotive: Investment? No. Compelling Speculation, Yes 
Check Out This 6-Year Win Streak (Ad)pixel
GBTC: The One Place to Buy Bitcoin for 58 Cents on the Dollar
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Check Out This 6-Year Win Streak (Ad)pixel
Which Gold Stocks Can Help You Hedge Bank Exposure?
General Mills Retreats To Buy Zone Ahead Of Earnings 
NASDAQ:SPLK

Splunk - SPLK Stock Forecast, Price & News

$89.77
+0.62 (+0.70%)
(As of 03/20/2023 12:00 AM ET)
Add
Compare
Today's Range
$88.27
$90.66
50-Day Range
$86.52
$109.62
52-Week Range
$65.00
$150.79
Volume
2.20 million shs
Average Volume
1.90 million shs
Market Capitalization
$14.70 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$115.23

Splunk MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
28.4% Upside
$115.23 Price Target
Short Interest
Healthy
3.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.51
Upright™ Environmental Score
News Sentiment
0.85mentions of Splunk in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$522,330 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.55) to ($0.03) Per Share

Overall MarketRank

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

2.78 out of 5 stars

Computer And Technology Sector

79th out of 604 stocks

Prepackaged Software Industry

17th out of 211 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

StockNews.com Begins Coverage on Splunk (NASDAQ:SPLK)
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Q4 2023 Splunk Inc Earnings Call
Splunk (SPLK) Q4 Earnings & Revenues Beat Estimates
2 Tech Stocks to Consider Buying as Earnings Approach
Splunk slashes more than 170 jobs in the Bay Area
These 3 Tech Companies Boast Strong Growth Outlooks
See More Headlines
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SPLK Company Calendar

Last Earnings
12/01/2021
Today
3/21/2023
Next Earnings (Estimated)
5/24/2023
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
$115.23
High Stock Price Forecast
$160.00
Low Stock Price Forecast
$86.00
Forecasted Upside/Downside
+28.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
24 Analysts

Profitability

Net Income
$-277,860,000.00
Pretax Margin
-20.05%

Debt

Sales & Book Value

Annual Sales
$3.65 billion
Book Value
$1.40 per share

Miscellaneous

Free Float
163,258,000
Market Cap
$14.70 billion
Optionable
Optionable
Beta
1.29

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?

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Splunk in the last twelve months. There are currently 9 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street equities 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?

24 Wall Street research analysts have issued twelve-month target prices for Splunk's stock. Their SPLK share price forecasts range from $86.00 to $160.00. On average, they expect the company's stock price to reach $115.23 in the next twelve months. This suggests a possible upside of 28.4% 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 at the start of the year. Since then, SPLK stock has increased by 4.3% and is now trading at $89.77.
View the best growth stocks for 2023 here
.

Are investors shorting Splunk?

Splunk saw a decrease in short interest in February. As of February 28th, there was short interest totaling 5,460,000 shares, a decrease of 13.6% from the February 13th total of 6,320,000 shares. Based on an average daily volume of 1,990,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 3.7% of the shares of the company 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, May 24th 2023.
View our SPLK earnings forecast
.

How were Splunk's earnings last quarter?

Splunk Inc. (NASDAQ:SPLK) posted its quarterly earnings results on Wednesday, December, 1st. The software company reported ($0.37) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.36) by $0.99. The software company had revenue of $664.75 million for the quarter, compared to analysts' expectations of $646.52 million. The company's revenue for the quarter was up 19.0% on a year-over-year basis. During the same period last year, the firm posted ($0.96) EPS.

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

Splunk updated its first quarter 2024 earnings guidance on Wednesday, March, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $710.00 million-$725.00 million, compared to the consensus revenue estimate of $807.27 million.

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 many different institutional and retail investors. Top institutional shareholders include Clearbridge Investments LLC (2.88%), First Trust Advisors LP (1.66%), Legal & General Group Plc (1.41%), Geode Capital Management LLC (1.30%), Starboard Value LP (1.14%) and Sarasin & Partners LLP (1.01%). 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 $89.77.

How much money does Splunk make?

Splunk (NASDAQ:SPLK) has a market capitalization of $14.70 billion and generates $3.65 billion in revenue each year. The software company earns $-277,860,000.00 in net income (profit) each year or ($1.96) 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, Caspida Inc., CloudMeter, Drastin, Drastin Inc., Flowmill, Flowmill LLC, KryptonCloud, Metafor, Omnition, Omnition LLC, Phantom, Phantom Cyber Corporation, Phantom International LLC, Plumbr, Rigor, Rigor Inc., Rocana, SIGNALSENSE Inc., SignalFx, SignalFx Australia Pty Ltd, SignalFx France SARL, SignalFx Germany GmbH, SignalFx LLC, SignalFx Netherlands B.V., SignalFx Sweden AB, SignalFx UK Limited, SignalSense, Splunk Cayman Holding Ltd., Splunk Information Technology Shanghai Co. Ltd., Splunk Ireland Limited, Splunk Services Australia Pty. Ltd., Splunk Services Belgium BV, Splunk Services Canada ULC, Splunk Services Cayman Ltd., Splunk Services Czech Republic s.r.o., Splunk Services Estonia OÜ, Splunk Services FZ-LLC, Splunk Services France SAS, Splunk Services Germany GmbH, Splunk Services Hong Kong Limited, Splunk Services India Private Limited, Splunk Services Israel Ltd., 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 Poland sp. z.o.o., Splunk Services Singapore Pte. Ltd., Splunk Services South Africa PTY Ltd., Splunk Services Sweden AB, Splunk Services UK Limited, Splunk Serviços do Brasil Ltda., Splunk Technology Consulting Beijing Co. Ltd., Streamlio, Streamlio Inc., TruSTAR, TruSTAR Technology Inc., VictorOps, VictorOps Inc., and twinwave.
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 3/21/2023 by MarketBeat.com Staff