Splunk (SPLK) PT Raised to $145 at Monness, Crespi, Hardt; Strong Performance in Weakest Quarter

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Splunk (SPLK) PT Raised to $130 at MoffettNathanson

May 29, 2018 8:03 AM EDT

MoffettNathanson analyst Adam Holt raised estimates and price target on Splunk (NASDAQ: SPLK) to $130.00 (from $120.00) while maintaining a Buy rating.

Holt details:

1) How adjusted billings growth is meaningfully outpacing reported growth and was roughly 40% YoY in Q1
2) The... More

Splunk (SPLK) PT Raised to $135 at Northland Capital Markets

May 25, 2018 8:52 AM EDT

Northland Capital Markets raised its price target on Splunk (NASDAQ: SPLK) to $135.00 (from $110.00) while maintaining a Outperform rating.

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Splunk (SPLK) PT Raised to $133 at UBS

May 25, 2018 8:40 AM EDT

UBS raised its price target on Splunk (NASDAQ: SPLK) to $133.00 (from $114.00) while maintaining a Buy rating.

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Splunk (SPLK) PT Raised to $130 at Deutsche Bank; Revenues Strong While Billings Miss

May 25, 2018 8:30 AM EDT

Deutsche Bank raised its price target on Splunk (NASDAQ: SPLK) to $130.00 (from $115.00) while maintaining a Buy rating.

Analyst Karl Keirstead commented, "Splunk posted what we conclude was another good print, although with the stock up sharply YTD buy-side expectations were also much higher.... More

Splunk (SPLK) PT Raised to $128 at BofA/Merrill Lynch Following 1Q

May 25, 2018 7:25 AM EDT

BofA/Merrill Lynch raised its price target on Splunk (NASDAQ: SPLK) to $128.00 (from $124.00) while maintaining a Buy rating following 1Q results. SPLK reported strong revenues ahead of the street by $14mn. EPS beat the street's estimates by $0.02.

The results were in-line with the... More

Splunk (SPLK) PT Raised to $130 at Macquarie

May 25, 2018 7:09 AM EDT

Macquarie raised its price target on Splunk (NASDAQ: SPLK) to $130.00 (from $117.00) while maintaining a Outperform rating.

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Splunk (SPLK) PT Raised to $125 at Stephens

May 25, 2018 7:06 AM EDT

Stephens raised its price target on Splunk (NASDAQ: SPLK) to $125.00 (from $115.00) while maintaining a Overweight rating.

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Splunk (SPLK) PT Raised to $135 at Wells Fargo

May 25, 2018 7:00 AM EDT

Wells Fargo raised its price target on Splunk (NASDAQ: SPLK) to $135.00 (from $120.00) while maintaining a Outperform rating.

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Splunk (SPLK) PT Raised to $132 at Susquehanna

May 25, 2018 7:00 AM EDT

Susquehanna raised its price target on Splunk (NASDAQ: SPLK) to $132.00 (from $110.00) while maintaining a Positive rating.

Analyst Anne Meisner commented, "Splunk reported a strong 1Q19 characterized by significant license revenue upside and better than expected guidance. Q1 was the first quarter of... More

Splunk (SPLK) PT Raised to $125 at RBC Capital

May 25, 2018 6:41 AM EDT

RBC Capital raised its price target on Splunk (NASDAQ: SPLK) to $125.00 (from $117.00) while maintaining an Outperform rating.

Analyst Matthew Hedberg commented, "Splunk reported a strong quarter that beat most consensus estimates by a wide margin, increased FY/19 revenue guidance, and... More

Splunk (SPLK) PT Raised to $124 at Wedbush

May 25, 2018 6:36 AM EDT

Wedbush raised its price target on Splunk (NASDAQ: SPLK) to $124.00 (from $122.00) while maintaining a Outperform rating.

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UPDATE: Splunk (SPLK) PT Raised to $130 at Oppenheimer

May 25, 2018 6:16 AM EDT

(Updated - May 25, 2018 6:52 AM EDT)

Oppenheimer raised its price target on Splunk (NASDAQ: SPLK) to $130.00 (from $115.00) while maintaining a Outperform rating following the company's 1Q results. SPLK posted $-0.07/312M vs. the consensus estimates of $-0.09/297M.

For FY19, SPLK... More

Splunk (SPLK) PT Raised to $127 at Needham & Company

May 25, 2018 5:48 AM EDT

Needham & Company raised its price target on Splunk (NASDAQ: SPLK) to $127.00 (from $123.00) while maintaining a Buy rating.

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Splunk (SPLK) PT Raised to $127 at Barclays

May 25, 2018 4:06 AM EDT

Barclays raised its price target on Splunk (NASDAQ: SPLK) to $127.00 (from $125.00) while maintaining a Overweight rating.

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Splunk (SPLK) PT Raised to $120 at JMP Securities; 'Impressive Big Deal and Cash Flow Metrics'

May 25, 2018 2:03 AM EDT

JMP Securities raised its price target on Splunk (NASDAQ: SPLK) to $120.00 (from $108.00) while maintaining a Market Outperform rating.

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Splunk (SPLK) PT Raised to $136 at Jefferies

May 25, 2018 2:00 AM EDT

Jefferies raised its price target on Splunk (NASDAQ: SPLK) to $136.00 (from $115.00) while maintaining a Buy rating.

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Splunk (SPLK) PT Raised to $130 at BTIG

May 25, 2018 1:57 AM EDT

BTIG raised its price target on Splunk (NASDAQ: SPLK) to $130.00 while maintaining a Buy rating.

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Splunk (SPLK) PT Raised to $127 at Mitsubishi UFJ

May 25, 2018 1:55 AM EDT

Mitsubishi UFJ raised its price target on Splunk (NASDAQ: SPLK) to $127.00 (from $107.00) while maintaining a Overweight rating.

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Splunk (SPLK) PT Raised to $125 at BMO Capital

May 25, 2018 1:08 AM EDT

BMO Capital raised its price target on Splunk (NASDAQ: SPLK) to $125.00 (from $112.00) while maintaining a Outperform rating.

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After-Hours Stock Movers 05/24: (VTGN) (NWY) (CAVM) Higher; (ZOES) (BGSF) (EGHT) Lower (more...)

May 24, 2018 5:10 PM EDT

Today's After-Hours Movers

VistaGen Therapeutics (NASDAQ: VTGN) 39.2% HIGHER; Oppenheimer initiates coverage with an Outperform rating and a price target of $6.00.

Zoe's Kitchen, Inc. (NYSE: ZOES) 20% LOWER; reported Q1 EPS of ($0.13), $0.13 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $102.1 million versus the consensus estimate of $105.21 million. Zoe's Kitchen, Inc. sees Q2 2018 revenue of $345-352 million (revised from $358 million to $368 million), versus the consensus of $361.7 million.

BG Staffing, Inc. (NYSE:... More

Splunk (SPLK) Tops Q1 EPS by 2c, Beats on Revenues; Boosts FY Revenue Outlook Above Consensus

May 24, 2018 4:05 PM EDT

Splunk (NASDAQ: SPLK) reported Q1 EPS of ($0.07), $0.02 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $311.6 million versus the consensus estimate of $297.67 million.

First Quarter 2019 Financial Highlights

Total revenues were $311.6 million, up 37% year-over-year.Software revenues were $172.5 million, up 43% year-over-year.GAAP operating loss was $121.5 million; GAAP operating margin was negative 39.0%.Non-GAAP operating loss was $14.7 million; non-GAAP operating margin was negative... More