Splunk (SPLK) Names Sean Boyle to Board
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Citi Upgrades Splunk (SPLK) to Neutral
August 27, 2020 8:26 AM EDTCiti analyst Walter Pritchard upgraded Splunk (NASDAQ: SPLK) from Sell to Neutral with a price target of $234.00 (from $105.00).
The analyst comments "FY23 targets look less aggressive on the back of an uptick in cloud ARR growth, which we see as more sustainable than... More
Splunk (SPLK) PT Raised to $240 at DA Davidson
August 27, 2020 8:14 AM EDTDA Davidson analyst Andrew Nowinski raised the price target on Splunk (NASDAQ: SPLK) to $240.00 (from $190.00) while maintaining a Buy rating following the company's 2Q earnings report. Splunk missed guidance for the second quarter in a row, though cloud revenue continued to exceed expectations. Revenue of... More
Splunk (SPLK) Reports In-Line Q2 EPS, Revenues Miss; Offers 3Q Revenue Guidance Below Consensus
August 26, 2020 4:04 PM EDTSplunk (NASDAQ: SPLK) reported Q2 EPS of ($0.33), in-line with the analyst estimate of ($0.33). Revenue for the quarter came in at $492 million versus the consensus estimate of $522.52 million.
Second Quarter 2021 Financial Highlights
Cloud ARR was $568 million, up 89% year-over-year.Total ARR was $1.93 billion, up 50% year-over-year.Cloud revenue was $126 million, up 79% year-over-year.Total revenues were $492 million, down 5% year-over-year.396 customers with ARR greater than $1 million.As organizations... More
Workday (WDAY), Others Trade Higher in Sympathy with Salesforce (CRM)
August 25, 2020 4:20 PM EDTWorkday (NASDAQ: WDAY) and other Salesforce (NYSE: CRM) peers traded higher post-market following Salesforce's blowout results.
Salesforce gained 9.35%, Workday was up 3%.
Update:
ServiceNow (NYSE: NOW) and Splunk (NASDAQ: SPLK) also gained.
... More
Splunk (SPLK) PT Raised to $210 at JPMorgan
August 25, 2020 11:19 AM EDTJPMorgan analyst Mark R. Murphy raised the price target on Splunk (NASDAQ: SPLK) to $210.00 (from $190.00) while maintaining a Overweight rating.
... More