NASDAQ:SPLK Splunk Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Splunk Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $187.90 +3.01 (+1.63 %) (As of 09/28/2020 12:00 AM ET) Add Compare Share Today's Range$184.56Now: $187.90▼$188.2850-Day Range$174.89MA: $195.85▼$223.5952-Week Range$93.92Now: $187.90▼$225.89Volume1.25 million shsAverage Volume1.90 million shsMarket Capitalization$30.14 billionP/E RatioN/ADividend YieldN/ABeta1.55 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Splunk, Inc. engages in the development and marketing of 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.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingSplunk has received a consensus rating of Buy. The company's average rating score is 2.87, and is based on 33 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $227.47, Splunk has a forecasted upside of 21.1% from its current price of $187.90.Amount of Analyst CoverageSplunk has been the subject of 26 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.5 Community Rank Outperform VotesSplunk has received 1,651 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSplunk has received 703 “underperform” votes. (Add your “underperform” vote.)Community SentimentSplunk has received 70.14% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Splunk and other stocks. Vote “Outperform” if you believe SPLK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SPLK will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldSplunk does not currently pay a dividend.Dividend GrowthSplunk does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Splunk insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,891,544.00 in company stock.Percentage Held by InsidersOnly 0.21% of the stock of Splunk is held by insiders.Percentage Held by Institutions93.27% of the stock of Splunk is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Splunk are expected to grow in the coming year, from ($3.47) to ($2.48) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Splunk is -45.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Splunk is -45.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSplunk has a P/B Ratio of 14.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 3.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.71 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustryApplication Software SectorComputer and Technology Current SymbolNASDAQ:SPLK Previous Symbol CUSIP84863710 CIK1353283 Webwww.splunk.com Phone415-848-8400Debt Debt-to-Equity Ratio1.35 Current Ratio2.50 Quick Ratio2.50Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$2.36 billion Price / Sales12.78 Cash Flow$0.18 per share Price / Cash Flow1,055.59 Book Value$12.82 per share Price / Book14.66Profitability EPS (Most Recent Fiscal Year)($1.44) Net Income$-336,670,000.00 Net Margins-27.62% Return on Equity-25.57% Return on Assets-8.74%Miscellaneous Employees5,800 Outstanding Shares160,394,000Market Cap$30.14 billion Next Earnings Date11/19/2020 (Estimated) OptionableOptionable $187.90 +3.01 (+1.63 %) (As of 09/28/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive SPLK News and Ratings via Email Sign-up to receive the latest news and ratings for SPLK and its competitors with MarketBeat's FREE daily newsletter. Splunk (NASDAQ:SPLK) Frequently Asked Questions How has Splunk's stock price been impacted by COVID-19? Splunk's stock was trading at $120.74 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SPLK shares have increased by 55.6% and is now trading at $187.90. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Splunk? 38 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Splunk in the last year. There are currently 5 hold ratings and 33 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Splunk. When is Splunk's next earnings date? Splunk is scheduled to release its next quarterly earnings announcement on Thursday, November 19th 2020. View our earnings forecast for Splunk. How were Splunk's earnings last quarter? Splunk Inc (NASDAQ:SPLK) posted its quarterly earnings data on Wednesday, August, 26th. The software company reported ($0.33) earnings per share for the quarter, beating the consensus estimate of ($1.12) by $0.79. The software company earned $491.66 million during the quarter, compared to the consensus estimate of $520.28 million. Splunk had a negative return on equity of 25.57% and a negative net margin of 27.62%. Splunk's revenue for the quarter was down 4.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.30 EPS. View Splunk's earnings history. What guidance has Splunk issued on next quarter's earnings? Splunk issued an update on its third quarter 2021 After-Hours earnings guidance on Wednesday, August, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $600-630 million, compared to the consensus revenue estimate of $644.74 million. What price target have analysts set for SPLK? 38 analysts have issued 1-year target prices for Splunk's shares. Their forecasts range from $140.00 to $300.00. On average, they expect Splunk's share price to reach $227.47 in the next twelve months. This suggests a possible upside of 21.1% from the stock's current price. View analysts' price targets for Splunk. Are investors shorting Splunk? Splunk saw a increase in short interest in August. As of August 31st, there was short interest totaling 8,720,000 shares, an increase of 9.8% from the August 15th total of 7,940,000 shares. Based on an average trading volume of 1,680,000 shares, the short-interest ratio is currently 5.2 days. View Splunk's Short Interest. Who are some of Splunk's key competitors? Some companies that are related to Splunk include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Workday (WDAY), Autodesk (ADSK), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Citrix Systems (CTXS), SS&C Technologies (SSNC), Tyler Technologies (TYL), FactSet Research Systems (FDS), Fair Isaac (FICO), Pegasystems (PEGA) and Nuance Communications (NUAN). View all competitors. 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.com (CRM), Micron Technology (MU), Advanced Micro Devices (AMD), Square (SQ), Netflix (NFLX), Paypal (PYPL), Tesla (TSLA) and Walt Disney (DIS). Who are Splunk's key executives? Splunk's management team includes the following people: Douglas Merritt, President, Chief Executive Officer & DirectorAmmar Maraqa, Vice President-Business Operations & StrategyJason E. Child, Chief Financial Officer & Senior Vice PresidentTimothy Tully, Chief Technology Officer & Senior Vice PresidentChris Olson, Senior Vice President 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 a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.30%), Jennison Associates LLC (3.59%), Sumitomo Mitsui Trust Holdings Inc. (1.38%), First Trust Advisors LP (1.07%), Nuveen Asset Management LLC (0.62%) and TCW Group Inc. (0.59%). 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. Which major investors are selling Splunk stock? SPLK stock was sold by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., New York State Common Retirement Fund, Jennison Associates LLC, Nuveen Asset Management LLC, SG Americas Securities LLC, Ensign Peak Advisors Inc, Nordea Investment Management AB, and Balyasny Asset Management LLC. 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. Which major investors are buying Splunk stock? SPLK stock was purchased by a variety of institutional investors in the last quarter, including Holocene Advisors LP, Softbank Group Corp, Vanguard Group Inc., Peregrine Capital Management LLC, Sarasin & Partners LLP, Prudential PLC, Healthcare of Ontario Pension Plan Trust Fund, and Schonfeld Strategic Advisors LLC. View insider buying and selling activity for Splunk. How do I buy shares of 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. What is Splunk's stock price today? One share of SPLK stock can currently be purchased for approximately $187.90. How big of a company is Splunk? Splunk has a market capitalization of $30.14 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. What is Splunk's official website? The official website for Splunk is www.splunk.com. How can I contact Splunk? 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] This page was last updated on 9/28/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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