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S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Gunmen kill 9 Chinese at mine in Central African Republic
Buy THIS stock before Taiwan is attacked (Ad)
Credit Suisse, UBS shares plunge after takeover announcement
Niinistö: Sweden security OK if Finland joins NATO first
Bank Accounts: Frozen! (Ad)
Nations approve key UN science report on climate change
Scottish independence at crossroads in testy SNP leader race
Bank Accounts: Frozen! (Ad)
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
UK aims to send migrants to Rwanda in months if courts agree
S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Gunmen kill 9 Chinese at mine in Central African Republic
Buy THIS stock before Taiwan is attacked (Ad)
Credit Suisse, UBS shares plunge after takeover announcement
Niinistö: Sweden security OK if Finland joins NATO first
Bank Accounts: Frozen! (Ad)
Nations approve key UN science report on climate change
Scottish independence at crossroads in testy SNP leader race
Bank Accounts: Frozen! (Ad)
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
UK aims to send migrants to Rwanda in months if courts agree
S&P 500   3,916.64
DOW   31,861.98
QQQ   305.36
Gunmen kill 9 Chinese at mine in Central African Republic
Buy THIS stock before Taiwan is attacked (Ad)
Credit Suisse, UBS shares plunge after takeover announcement
Niinistö: Sweden security OK if Finland joins NATO first
Bank Accounts: Frozen! (Ad)
Nations approve key UN science report on climate change
Scottish independence at crossroads in testy SNP leader race
Bank Accounts: Frozen! (Ad)
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
UK aims to send migrants to Rwanda in months if courts agree
NASDAQ:SPLK

Splunk - SPLK Stock Forecast, Price & News

$89.15
-0.60 (-0.67%)
(As of 03/17/2023 08:55 PM ET)
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Compare
Today's Range
$87.73
$90.22
50-Day Range
$86.52
$109.62
52-Week Range
$65.00
$150.79
Volume
2.60 million shs
Average Volume
1.85 million shs
Market Capitalization
$14.59 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
29.2% 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
0.97mentions of Splunk in the last 14 days
Based on 10 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

88th out of 608 stocks

Prepackaged Software Industry

18th 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)
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
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
See More Headlines
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SPLK Company Calendar

Last Earnings
12/01/2021
Today
3/20/2023
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
+29.2%
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
$14.59 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 analysts have issued "buy," "hold," and "sell" ratings for Splunk in the last year. There are currently 9 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued twelve-month target prices for Splunk's shares. Their SPLK share price forecasts range from $86.00 to $160.00. On average, they predict the company's stock price to reach $115.23 in the next twelve months. This suggests a possible upside of 29.2% 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 shares have increased by 3.6% and is now trading at $89.15.
View the best growth stocks for 2023 here
.

Are investors shorting Splunk?

Splunk saw a drop in short interest during the month of February. As of February 28th, there was short interest totaling 5,460,000 shares, a drop of 13.6% from the February 13th total of 6,320,000 shares. Based on an average daily trading volume, of 1,990,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 3.7% of the shares of the stock are short sold.
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) issued its earnings results on Wednesday, December, 1st. The software company reported ($0.37) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.36) by $0.99. The software company earned $664.75 million during the quarter, compared to the consensus estimate of $646.52 million. The firm's revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.96) EPS.

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

Splunk issued an update on 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 retail and institutional investors. Top institutional investors 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 $89.15.

How much money does Splunk make?

Splunk (NASDAQ:SPLK) has a market capitalization of $14.59 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 3/20/2023 by MarketBeat.com Staff