Splunk Inc. Announces Fiscal Third Quarter 2019 Financial Results

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Splunk (SPLK) PT Raised to $130 at Mitsubishi UFJ Following 3Q Beat

November 30, 2018 8:51 AM EST

Mitsubishi UFJ analyst Stephen Bersey raised the price target on Splunk (NASDAQ: SPLK) to $130.00 (from $128.00) while maintaining a Overweight rating following the company's 3Q report. Splunk Cloud revenue was $45MM in the quarter, up 87% YoY. Management noted on the call that the company... More

Splunk (SPLK) PT Raised to $148 at Needham & Company

November 30, 2018 7:58 AM EST

Needham & Company analyst Jack Andrews raised the price target on Splunk (NASDAQ: SPLK) to $148.00 (from $145.00) while maintaining a Buy rating.

Andrews commented, "SPLK reported a strong 3QFY19, highlighted by a fourth consecutive quarter of accelerating growth. Management quantified the YTD effects of... More

Splunk (SPLK) Tops Q3 EPS by 6c; Guides

November 29, 2018 4:04 PM EST

Splunk (NASDAQ: SPLK) reported Q3 EPS of $0.38, $0.06 better than the analyst estimate of $0.32. Revenue for the quarter came in at $481 million versus the consensus estimate of $433.26 million.

GUIDANCE:

Splunk sees Q4 2019 revenue of $560 million, versus the consensus of $556.73... More