Splunk Company Profile (NASDAQ:SPLK)

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

Splunk Inc. (NASDAQ:SPLK) posted its quarterly earnings results on Thursday, August, 24th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.06 by $0.02. The company earned $279.96 million during the quarter, compared to analysts' expectations of $268.72 million. Splunk had a negative return on equity of 75.81% and a negative net margin of 36.81%. The firm's revenue was up 31.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.05 EPS. View Splunk's Earnings History.

Splunk is scheduled to release their next quarterly earnings announcement on Tuesday, December, 5th 2017. View Earnings Estimates for Splunk.

34 brokers have issued 12-month target prices for Splunk's shares. Their forecasts range from $60.00 to $93.00. On average, they expect Splunk's stock price to reach $73.24 in the next twelve months. View Analyst Ratings for Splunk.

Here are some recent quotes from research analysts about Splunk stock:

• 1. Drexel Hamilton analysts commented, "We expect the cloud and security to be an important topic at next week’s conference, while we anticipate the theme around machine learning to become more of a focus for Splunk at the event. Recall, Splunk is targeting cloud revenue to expand from $47.8 million in FY:17 (with billings of $95 million) to $85 million in FY:18 (with billings of $150 million) with a long- term objective of generating cloud revenue of $250 million in FY:20 with billings of $400 million." (9/18/2017)
• 2. Mizuho analysts commented, "We note that: 1) interest for the product offering remains high within ITOM and SIEM; 2) discounting levels were largely in-line with recent quarters; 3) pricing remains a key area of pushback among customers looking to expand deployments, SPLK seems more open to considering options for its largest customers; 4) we continue to pick up on complementary solutions being deployed alongside SPLK to limit data volume growth." (8/24/2017)
• 3. According to Zacks Investment Research, "Splunk Inc. provides a software platform, which collects and indexes data and enables users to search, correlate, analyze, monitor and report on this data, all in real time. Its software is designed to help users in various roles, including IT and business professionals. Splunk Inc. is based in San Francisco, California. " (8/16/2017)

Some companies that are related to Splunk include Synopsys (SNPS), Citrix Systems (CTXS), Cadence Design Systems (CDNS), Atlassian Corporation PLC (TEAM), SS&C Technologies Holdings (SSNC), Tyler Technologies (TYL), The Ultimate Software Group (ULTI), National Instruments Corp (NATI), Micro Focus International plc (MCRO), Nice Systems (NICE), Nuance Communications (NUAN), Blackbaud (BLKB), Solera Holdings (SLH), FireEye (FEYE), Playtech PLC (PTEC), Okta (OKTA), CommVault Systems (CVLT) and Paylocity Holding Corporation (PCTY).

Splunk's management team includes the folowing people:

• Godfrey R. Sullivan, Chairman, President, and CEO
• David F. Conte, SVP and CFO
• Douglas Harr, Chief Information Officer
• Douglas Merritt, President, Chief Executive Officer, Director
• David Frank Conte, Chief Financial Officer, Senior Vice President
• Leonard R. Stein, Senior Vice President, General Counsel, Secretary
• Richard J. Campione, Senior Vice President, Chief Product Officer
• Susan St. Ledger, Senior Vice President, Chief Revenue Officer
• Godfrey R. Sullivan, Non-Executive Chairman of the Board
• John Graham Connors, Lead Independent Director

Splunk's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.20%), Jennison Associates LLC (6.49%), BlackRock Inc. (5.11%), Baillie Gifford & Co. (4.62%), Ameriprise Financial Inc. (4.01%) and JPMorgan Chase & Co. (3.04%). Company insiders that own Splunk stock include David F Conte, Douglas Merritt, Godfrey Sullivan, Guido Schroeder, John G Connors, Leonard R Stein and Steven R Sommer. View Institutional Ownership Trends for Splunk.

Splunk's stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Ameriprise Financial Inc., Winslow Capital Management LLC, Penserra Capital Management LLC, JPMorgan Chase & Co., Wells Fargo & Company MN, Baillie Gifford & Co. and Federated Investors Inc. PA. Company insiders that have sold Splunk stock in the last year include David F Conte, Douglas Merritt, Godfrey Sullivan, John G Connors and Leonard R Stein. View Insider Buying and Selling for Splunk.

Splunk's stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Harbour Capital Advisors LLC, ETF Managers Group LLC, Vanguard Group Inc., Sumitomo Mitsui Asset Management Company LTD, First Trust Advisors LP, Pictet Asset Management Ltd. and Franklin Resources Inc.. View Insider Buying and Selling for Splunk.

Shares of Splunk can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Splunk stock can currently be purchased for approximately $68.94.