Splunk (SPLK) Tops Q4 EPS, Revenues; Guides Higher
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March 3, 2022 3:38 PM EST
Needham & Company analyst Jack Andrews lowered the price target on Splunk (NASDAQ: SPLK) to $145.00 (from $181.00) while maintaining a Buy rating.
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March 3, 2022 6:26 AM EST
Mizuho Securities analyst Gregg Moskowitz lowered the price target on Splunk (NASDAQ: SPLK) to $130.00 (from $135.00) while maintaining a Neutral rating following "good" Q4 results, although the analyst said there is "still a lot to prove."
The analyst commented, "SPLK reported solid F4Q... More
March 2, 2022 4:46 PM EST
Splunk (NASDAQ: SPLK) reported its Q4 results, with EPS of $0.66 coming in significantly better than the consensus estimate of ($0.19). Revenue grew 21% year-over-year to $901 million, compared to the consensus estimate of $777.28 million.
Cloud ARR grew 65% year-over-year to $1.34 billion and total ARR grew 32% year-over-year to $3.12 billion.... More
