Splunk (SPLK) Reports Q4 Beat and Raise, Appoints New CEO

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Splunk (SPLK) PT Lowered to $145 at Needham & Company

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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Splunk (SPLK) PT Lowered to $130 at Mizuho Securities

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

Splunk (SPLK) Tops Q4 EPS, Revenues; Guides Higher

March 2, 2022 4:05 PM EST

Splunk (NASDAQ: SPLK) reported Q4 EPS of $0.66, $0.85 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $901 million versus the consensus estimate of $777.28 million.

GUIDANCE:

Splunk sees Q1 2023 revenue of $615-635 million, versus the consensus of $609.8... More

Splunk (SPLK) Appoints Gary Steele as CEO

March 2, 2022 4:04 PM EST

Splunk Inc. (NASDAQ: SPLK), the data platform leader for security and observability, today announced that Gary Steele has been appointed Chief Executive Officer of Splunk, and as a member of the companys Board of Directors, effective April 11, 2022.

Steele is a highly regarded technology executive with over 30 years of experience and a proven track record of successfully scaling SaaS operations and growing multi-billion dollar global enterprises. Steele was the founding CEO of Proofpoint, and over the past two decades, he led the companys growth from an early-stage start-up to a leading, publicly traded... More