Splunk (SPLK) PT Raised to $84 at Summit Research

Splunk (SPLK) Price Target Raised to $72 at Goldman Sachs; Analyst Maintains Neutral Rating

Goldman Sachs maintained a Neutral rating on Splunk (NASDAQ: SPLK) and raised its price target to $72.00 (from $65.00). The change follows strong Q3 results.

Analyst Greg Dunham said, "Despite Public sector and amplified security budgets driving the 11% license beat, we see Splunks strength in security persisting. IT... More

Splunk (SPLK) PT Lifted to $80 at Northland Capital Amid Strong Q3

Northland Capital Markets Outperform Splunk (NASDAQ: SPLK) price target of $80.00 (from $66.00) following strong Q3 results.

Analyst Tim Klasell commented, "SPLK released strong 3Q results, with the top-line of $116mn beating our expectations by $8.3mn, with continued momentum in deals above 100k... More

Splunk (SPLK) Price Target Raised to $75 at Deutsche Bank Following Solid Q3 Print

Deutsche Bank maintained a Buy rating on Splunk (NASDAQ: SPLK) and raised its price target to $75.00 (from $65.00). The change follows strong Q3 results.

Analyst Karl Keirstead said, "Heading into Splunks 3QF15 print, in our view buy side revenue expectations were $2 - $4m higher than our estimates of $110m (~6% above the high end of guidance).Splunk posted total revenues of $116 million, up 48% (no FX... More

Strong Qtr Shows Splunk (SPLK) Still in Growth Mode, Oppenheimer Says

Oppenheimer analyst Shaul Eyal reiterated an Outperform rating and $77 price target on Splunk (NASDAQ: SPLK) following a strong 'beat and raise' quarter.

Eyal commented, "For 3Q15 (Oct) SPLK beat the Street, delivering $0.02/$116M (+48%) compared to the consensus $0.01/$107M. SPLK also raised and tightened... More

UPDATE: Jefferies Starts Splunk (SPLK) at Buy

(Updated - November 21, 2014 8:57 AM EST)

Jefferies initiated coverage on Splunk (NASDAQ: SPLK) with a Buy rating and a price target of $89.00.

Analyst John DiFucci commented, "By enabling the analysis of machine data (as well as traditional structured data) at a... More

Splunk (SPLK) Tops Q3 EPS by 1c

Splunk (NASDAQ: SPLK) reported Q3 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $116 million versus the consensus estimate of $107.3 million.

Splunk sees Q4 2014 revenue of $135-137 million, versus the consensus of $133.3 million.

Splunk sees FY2014... More