Splunk to buy cloud software firm SignalFx in $1 billion deal

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Go back to Splunk to buy cloud software firm SignalFx in $1 billion deal

Splunk (SPLK) PT Lowered to $160 at Needham & Company

August 22, 2019 8:07 AM EDT

Needham & Company analyst Jack Andrews lowered the price target on Splunk (NASDAQ: SPLK) to $160.00 (from $165.00) while maintaining a Buy rating following the company's 2Q earnings report. Splunk reported revenue of $516.6 million, above the consensus of $488.4 million, and guidance of $485.0 million. Non-GAAP EPS came in at... More

Mizuho Securities Reiterates Buy Rating on Splunk (SPLK)

August 22, 2019 7:01 AM EDT

Mizuho Securities analyst Gregg Moskowitz reiterated a Buy rating and $155.00 price target on Splunk (NASDAQ: SPLK) following the company's 2Q earnings report. SPLK reported strong F2Q revenue of $517M, exceeding the Street's $488M target. Non-GAAP OM of 9.0% easily beat the Street's 3% bogey.... More

JMP Securities Reiterates Market Outperform Rating on Splunk (SPLK)

August 22, 2019 6:42 AM EDT

JMP Securities analyst Greg McDowell reiterated a Market Outperform rating and $135.00 price target on Splunk (NASDAQ: SPLK) following the company's 2Q earnings report. SPLK reported F2Q20 EPS of $0.30 (consensus $0.12) on revenues of $517M (consensus $488M) and guided to F3Q20 implied EPS of $0.52 (consensus... More