NASDAQ:SPLKSplunk Stock Price, Forecast & News

Splunk's stock was trading at $120.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SPLK shares have increased by 53.9% and is now trading at $185.84. View which stocks have been most impacted by Coronavirus.

33 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 27 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) released its earnings results on Thursday, May, 21st. The software company reported ($0.56) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.57) by $0.01. The software company earned $434.08 million during the quarter, compared to analysts' expectations of $443.60 million. Splunk had a negative net margin of 20.56% and a negative return on equity of 17.54%. The firm's quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the company posted $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 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.

33 equities research analysts have issued 1 year price objectives for Splunk's shares. Their forecasts range from $102.00 to $215.00. On average, they anticipate Splunk's stock price to reach $178.87 in the next twelve months. This suggests that the stock has a possible downside of 3.8%. View analysts' price targets for Splunk.

News articles about SPLK stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news 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 positive five, with scores closest to five being the most favorable. Splunk earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned news coverage about the software company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the near term. View the latest news aboutSplunk.

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), Fair Isaac (FICO), FactSet Research Systems (FDS), 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 variety of institutional and retail investors. Top institutional investors include Jennison Associates LLC (4.14%), Primecap Management Co. CA (3.54%), Clearbridge Investments LLC (3.05%), Pictet Asset Management Ltd. (1.77%), Sumitomo Mitsui Trust Holdings Inc. (1.40%) and Geode Capital Management LLC (1.12%). 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, Thomas M Neustaetter, 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 Primecap Management Co. CA, Pictet Asset Management Ltd., Federated Hermes Inc., Fiera Capital Corp, Scout Investments Inc., APG Asset Management N.V., Carillon Tower Advisers Inc., and Spence Asset Management. 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 bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Sumitomo Mitsui Trust Holdings Inc., Jennison Associates LLC, Nuveen Asset Management LLC, Sarasin & Partners LLP, Champlain Investment Partners LLC, North Peak Capital Management LLC, and First Trust Advisors LP. 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 $185.84.

Splunk has a market capitalization of $29.52 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]