NASDAQ:SPLKSplunk Stock Price, Forecast & News

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 (WHO). Since then, SPLK shares have increased by 63.9% and is now trading at $197.90.
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35 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 29 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Splunk is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020.
View our earnings forecast for Splunk.

Splunk will be holding an earnings conference call on Wednesday, August 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Splunk Inc (NASDAQ:SPLK) posted its quarterly earnings results on Thursday, May, 21st. The software company reported ($0.56) EPS for the quarter, beating the consensus estimate of ($0.57) by $0.01. The software company had revenue of $434.08 million for the quarter, compared to analyst estimates of $443.60 million. Splunk had a negative return on equity of 17.40% and a negative net margin of 20.56%. The company's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the business earned $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 earnings per share (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.

35 equities research analysts have issued 12-month price targets for Splunk's stock. Their forecasts range from $102.00 to $254.00. On average, they expect Splunk's stock price to reach $194.97 in the next twelve months. This suggests that the stock has a possible downside of 1.5%.
View analysts' price targets for Splunk.

News stories about SPLK stock have been trending positive on Tuesday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Splunk earned a coverage optimism score of 2.8 on InfoTrie's scale. They also gave news articles about the software company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.
View the latest news about Splunk.

Splunk saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 8,300,000 shares, an increase of 12.9% from the December 15th total of 7,350,000 shares. Based on an average trading volume of 1,860,000 shares, the days-to-cover ratio is presently 4.5 days.
View Splunk's Short Interest.

Some companies that are related to Splunk include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Cadence Design Systems (CDNS), Synopsys (SNPS), ANSYS (ANSS), Citrix Systems (CTXS), SS&C Technologies (SSNC), Tyler Technologies (TYL), FactSet Research Systems (FDS), Fair Isaac (FICO), Guidewire Software (GWRE) and Pegasystems (PEGA).
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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), Paypal (PYPL), Advanced Micro Devices (AMD), Micron Technology (MU), Netflix (NFLX), QUALCOMM (QCOM) and Twilio (TWLO).

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

Splunk's stock is owned by many different retail and institutional investors. Top institutional investors include Jennison Associates LLC (3.59%), Sumitomo Mitsui Trust Holdings Inc. (1.38%), First Trust Advisors LP (1.07%), TCW Group Inc. (0.59%), Frontier Capital Management Co. LLC (0.46%) and Swiss National Bank (0.39%). 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, 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 New York State Common Retirement Fund, Jennison Associates LLC, SG Americas Securities LLC, US Bancorp DE, Sumitomo Mitsui Trust Holdings Inc., CIBC Asset Management Inc, Janney Montgomery Scott LLC, and Kornitzer Capital Management Inc. KS. 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 purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Sarasin & Partners LLP, Prudential PLC, Frontier Capital Management Co. LLC, Columbus Circle Investors, Envestnet Asset Management Inc., LA Financiere DE L Echiquier, and Selective Wealth Management Inc..
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 $197.90.

Splunk has a market capitalization of $31.44 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]