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Splunk (SPLK) Competitors

Notice: This company has been marked as potentially delisted and may not be actively trading.

SPLK vs. OKTA, DDOG, PAYC, PLTR, SNPS, CDNS, WDAY, ADSK, FICO, and ANSS

Should you be buying Splunk stock or one of its competitors? The main competitors of Splunk include Okta (OKTA), Datadog (DDOG), Paycom Software (PAYC), Palantir Technologies (PLTR), Synopsys (SNPS), Cadence Design Systems (CDNS), Workday (WDAY), Autodesk (ADSK), Fair Isaac (FICO), and ANSYS (ANSS).

Splunk vs.

Okta (NASDAQ:OKTA) and Splunk (NASDAQ:SPLK) are both large-cap computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their media sentiment, earnings, dividends, community ranking, profitability, institutional ownership, risk, analyst recommendations and valuation.

Splunk has higher revenue and earnings than Okta. Okta is trading at a lower price-to-earnings ratio than Splunk, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Okta$2.26B6.59-$355M-$1.67-53.11
Splunk$4.22B6.27$263.73M$1.26124.52

In the previous week, Okta had 10 more articles in the media than Splunk. MarketBeat recorded 10 mentions for Okta and 0 mentions for Splunk. Splunk's average media sentiment score of 0.65 beat Okta's score of 0.23 indicating that Okta is being referred to more favorably in the media.

Company Overall Sentiment
Okta Positive
Splunk Neutral

Splunk received 1259 more outperform votes than Okta when rated by MarketBeat users. Likewise, 77.72% of users gave Splunk an outperform vote while only 59.60% of users gave Okta an outperform vote.

CompanyUnderperformOutperform
OktaOutperform Votes
537
59.60%
Underperform Votes
364
40.40%
SplunkOutperform Votes
1796
77.72%
Underperform Votes
515
22.28%

Okta presently has a consensus target price of $104.48, suggesting a potential upside of 17.93%. Splunk has a consensus target price of $136.88, suggesting a potential downside of 12.76%. Given Splunk's stronger consensus rating and higher probable upside, research analysts plainly believe Okta is more favorable than Splunk.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Okta
0 Sell rating(s)
19 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.39
Splunk
0 Sell rating(s)
23 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.18

86.6% of Okta shares are owned by institutional investors. Comparatively, 87.6% of Splunk shares are owned by institutional investors. 7.0% of Okta shares are owned by insiders. Comparatively, 0.2% of Splunk shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Splunk has a net margin of 6.26% compared to Splunk's net margin of -11.69%. Okta's return on equity of 32,117.42% beat Splunk's return on equity.

Company Net Margins Return on Equity Return on Assets
Okta-11.69% -3.81% -2.50%
Splunk 6.26%32,117.42%7.18%

Okta has a beta of 1.03, meaning that its share price is 3% more volatile than the S&P 500. Comparatively, Splunk has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.

Summary

Splunk beats Okta on 10 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SPLK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SPLK vs. The Competition

MetricSplunkSoftware IndustryComputer SectorNASDAQ Exchange
Market Cap$26.44B$433.44M$21.69B$8.41B
Dividend YieldN/A2.90%2.69%4.10%
P/E Ratio124.52720.06213.2115.04
Price / Sales6.27234.61554.3072.44
Price / Cash333.9014.2430.2929.44
Price / Book-230.744.826.554.24
Net Income$263.73M-$3.41M$620.52M$215.27M

Splunk Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OKTA
Okta
3.9095 of 5 stars
$87.54
-2.5%
$104.48
+19.4%
+27.6%$14.73B$2.26B-52.425,908Analyst Forecast
Insider Selling
DDOG
Datadog
4.5665 of 5 stars
$116.50
-0.6%
$136.04
+16.8%
+26.5%$38.97B$2.13B364.065,200
PAYC
Paycom Software
4.9892 of 5 stars
$141.46
-1.0%
$246.31
+74.1%
-52.6%$8.22B$1.69B17.237,308Analyst Forecast
Insider Selling
PLTR
Palantir Technologies
1.9415 of 5 stars
$25.82
+3.2%
$21.25
-17.7%
+72.2%$57.50B$2.23B215.183,735Gap Down
SNPS
Synopsys
4.3378 of 5 stars
$620.31
+1.2%
$616.18
-0.7%
+42.0%$95.04B$5.84B67.4320,300Positive News
CDNS
Cadence Design Systems
4.4029 of 5 stars
$326.50
+1.4%
$331.11
+1.4%
+37.2%$88.95B$4.09B85.0311,200Positive News
WDAY
Workday
4.9676 of 5 stars
$207.69
-2.2%
$283.96
+36.7%
-1.6%$55.04B$7.26B37.4218,800Analyst Forecast
ADSK
Autodesk
4.2077 of 5 stars
$244.12
+1.5%
$262.42
+7.5%
+18.4%$52.73B$5.50B52.8414,100
FICO
Fair Isaac
3.9815 of 5 stars
$1,422.44
+0.9%
$1,274.33
-10.4%
+85.8%$35.15B$1.51B74.673,455Positive News
ANSS
ANSYS
3.0736 of 5 stars
$325.13
-0.6%
$320.00
-1.6%
+0.5%$28.38B$2.23B65.296,200Positive News

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This page (NASDAQ:SPLK) was last updated on 6/25/2024 by MarketBeat.com Staff

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