|Bid||110.83 x 900|
|Ask||111.06 x 900|
|Day's Range||110.20 - 117.68|
|52 Week Range||54.17 - 119.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Splunk received several price-target increases Friday in the wake of an earnings report and revenue outlook that beat estimates.
Splunk (SPLK) has maintained steady bottom-line growth in the last five quarters, buoyed by growing demand for machine learning across different industries and high-value contracts. In the last three years, the company has signed 14 deals worth more than $10 million.
The stock market was mixed to close out the week ahead of the three-day Memorial Day weekend. PayPal received an analyst upgrade.
Splunk (SPLK) has completed its $350 million acquisition of Phantom Cyber, a pioneer in SOAR (security orchestration, automation, and response). The acquisition could boost Splunk’s SOC (security operations center) by automating workloads, organizing tasks, enhancing collaboration, and speeding up incident response.
What’s driving Splunk’s deferred revenue growth? Splunk’s (SPLK) deferred revenue has continued to grow, supported by large contract wins and customer additions. The adoption of its products, including Splunk Enterprise Security and Splunk IT Service Intelligence, has grown. The graph above shows how Splunk’s deferred revenue has grown over the last five years, by a compound annual rate of 55.1%.
Stock futures rose early Friday. Splunk, Veeva, Ross Stores and Deckers Outdoor closed in buy range, but were active overnight on earnings. Autodesk, near a buy point, also reported earnings.
Splunk Inc (NASDAQ:SPLK) reported its latest quarterly earnings results after hours Thursday, which saw the company’s profit top expectations, but its shares declined late in the day. The multinational company unveiled revenue of $311.6 million for its first quarter of fiscal 2018, which marks a 37% gain compared to the year-ago quarter. Analysts were calling for revenue of $298 million, according to data compiled by Zacks Investment Research.
Regarding the selloff this evening in Nutanix—the stock is now down only 4%, versus a 7% drop earlier—I spoke with CEO Dheeraj Pandey by phone a short while ago. Nutanix is very focused on free cash flow, he repeated. Pandey’s larger point was that the company is balancing growth and profit, by focusing on free cash flow.
Splunk reported first-quarter earnings that beat the consensus on the top and bottom lines and presented an outlook that was also ahead of expectations.
Splunk’s (SPLK) software business has maintained strong growth momentum, driven by demand for better data insights across the industry. Splunk, which is offering its software licenses in the cloud, has formed a strategic alliance with cloud leader Amazon Web Services (AMZN) to boost software sales. The company’s strong product portfolio targeting enterprises of all sizes is also contributing to its software business.
On a per-share basis, the San Francisco-based company said it had a loss of 83 cents. Losses, adjusted for one-time gains and costs, came to 7 cents per share. The results beat Wall Street expectations. ...
Splunk (SPLK) continues to gain from the rise of smartphones and Internet services, which has created a huge demand for data, particularly for machine learning in the healthcare, retail, telecom, and financial spaces. Splunk has teamed up with Amazon Web Services (AMZN) to deliver its software to clients. The company’s software platform delivers operational intelligence and real-time business insights from machine data.
Stock futures were little changed Thursday. President Trump ordered a probe into whether auto imports undermine national security. Apple, Nvidia, Charles Schwab, Microsoft and Splunk are top stocks holding near buy zones.
Splunk is in buy range ahead of its quarterly report Thursday and Veeva Systems is near an entry, while retail earnings continue with Best Buy, Ross Stores and Gap.
It's been two years since David's picked a batch of stocks made to thrive in a global society that's ever more focused on the life of the mind.
The company is the name behind a large collection of 3D modeling and computer-aided drafting platforms — most of which are sold on a subscription basis. Who know cloud-based drafting software could help create one of the market’s top fast-growing stocks?
First we gauge the performance of David’s recommendations. Then, he interviews Middleby Corp.'s remarkable leader, Selim Bassoul.
Let’s talk about the popular Splunk Inc (NASDAQ:SPLK). The company’s shares received a lot of attention from a substantial price increase on the NasdaqGS over the last few months. WithRead More...
Cramer listed seven data companies that he believes "offer the best opportunities for trading," referring to them as "Cloud Kings." "I genuinely believe that we are early on in sophisticated cloud adoption that can harness these companies' tools," Cramer noted. The seven companies cited by Cramer are Salesforce.com Inc.
Stock futures edged lower Tuesday as Home Depot fell on weak sales. Salesforce, Red Hat, Workday, Splunk and ServiceNow are struggling after breakouts came in lackluster volume.
There are a number of reasons that attract investors towards large-cap companies such as Splunk Inc (NASDAQ:SPLK), with a market cap of US$15.94B. Risk-averse investors who are attracted to diversifiedRead More...
Apple Inc. ( AAPL) may get most of the recent headlines, but newsletter experts still see opportunity in a wide variety of leading technology stocks. Intel Corp. ( INTC) shows the signs of a strong stock that will hold up well if the market rolls over or could be a leader if the market gets going on the upside. Long the dominant supplier of processors for desktop computers, Intel struggled to adapt its technology for mobile devices.