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 stock has 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) posted its quarterly earnings data on Thursday, May, 21st. The software company reported ($0.56) earnings per share 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 net margin of 20.56% and a negative return on equity of 17.54%. The business's quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.02 EPS. View Splunk's earnings history.

Splunk issued an update on 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 target prices for Splunk's stock. Their forecasts range from $102.00 to $215.00. On average, they expect 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.

Media headlines about SPLK stock have trended negative recently, according to InfoTrie Sentiment. The research firm 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 negative five to positive five, with scores nearest to five being the most favorable. Splunk earned a coverage optimism score of -2.5 on InfoTrie's scale. They also gave media stories about the software company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock'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), Tyler Technologies (TYL), SS&C Technologies (SSNC), 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 number of institutional and retail investors. Top institutional shareholders 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 purchased 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]