Splunk (SPLK) Tops Q2 EPS by 3c; Boosts FY14 Revs Outlook

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Splunk (SPLK) Debate Continues, Says Goldman Sachs; Analyst Maintains Neutral Rating

August 29, 2014 8:42 AM EDT

Goldman Sachs maintained a Neutral rating on Splunk (NASDAQ: SPLK) with a price target of $50. Analyst Heather Bellini commented on Q2 results, say the "debate between the bulls and bears will continue."

"On the bullish side, deals over $100k are tracking at a very healthy rate (226 vs. 198 average... More

Splunk (SPLK) License Strength Was Actually 2x Higher, BofA/Merrill Lynch Says

August 29, 2014 8:02 AM EDT

BofA/Merrill Lynch analyst Kash Rangan reiterated a Buy rating and $82 price target on Splunk (NASDAQ: SPLK) following strong Q2 results and increased guidance.

Rangan said the license strength was actually 2x the headline number. "While the headline number for license revenue... More

Splunk (SPLK) Buy Rating Reiterated at Cantor Fitzgerald

August 29, 2014 7:47 AM EDT

Cantor Fitzgerald reiterated a Buy rating on Splunk (NASDAQ: SPLK) with a price target of $83. Yesterday Splunk reported Q2 results that beat estimates.

Analyst Brian J. White said, "Last night, Splunk reported very strong 2Q:FY15 results, with revenue... More

Splunk (SPLK) Estimates Raised, PT Trimmed after FBR After 'Solid' Q2

August 29, 2014 7:16 AM EDT

FBR Capital analyst Daniel H. Ives reiterated his Outperform rating Splunk (NASDAQ: SPLK) following "solid" Q2 results and higher guidance after the close but cut his price target to $67.00 (from $80.00) on multiple compression.

"... we believe the Splunk story is in the early days of playing out and will continue to benefit from its ongoing sales force expansion... More

Oppenheimer Reiterates Bullish Stance on Splunk (SPLK) Amid Strong Q2

August 29, 2014 7:06 AM EDT

Oppenheimer analyst Shaul Eyal reiterated an Outperform rating and $77 price target on Splunk (NASDAQ: SPLK) following strong Q2 results and guidance.

Eyal commented, "SPLK reported consensus-beating results, posting revenue of $101.5M in 2Q15, up 52% y/y and ahead of the consensus $94M(E).... More

Splunk (SPLK) Ticks Lower into Q2 Results; Traders Look for Upside

August 28, 2014 3:40 PM EDT

Splunk, Inc. (Nasdaq: SPLK) is trading lower heading into the company's Q2 report, which is expected out after markets close Thursday.

Consensus estimates call for Splunk to report Q2 loss of $0.02 per share with revenue of $93.9 million, from a loss of $0.01... More