Splunk Inc. – Consensus ‘hold’ rating and -2.8% Downside Potential

Broker Ratings
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Splunk Inc. with ticker code (SPLK) now have 26 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between $170.70 and $105.00 and has a mean target at $146.68. Now with the previous closing price of $150.88 this now indicates there is a potential downside of -2.8%. Also worth taking note is the 50 day moving average now sits at $143.12 and the 200 day moving average is $110.66. The company has a market cap of 25.45B. The stock price for Apple Inc. is $151.01 USD

The potential market cap would be $24,742,601,847 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $23.33 and a 0.1% return on assets.

Splunk Inc. (Splunk) is engaged in the development and marketing of cloud services and licensed software solutions. It offers the Unified Security and Observability Platform, which is comprised of Splunk Security and Splunk Security. Splunk Security includes Splunk Enterprise Security, Splunk Security Orchestration, Automation and Response, Splunk User Behavior Analytics, Splunk Attack Analyzer, and Splunk Mission Control. Splunk Observability includes Splunk Information Technology Service Intelligence, and Splunk Observability Cloud, which provides fully integrated capabilities for Splunk Application Performance Monitoring, Splunk Infrastructure Monitoring, Splunk Real User Monitoring, and Splunk Synthetic Monitoring. It provides application programming interfaces, software development kits, and other interfaces that enable its network of third-party developers, partners, and customers to build content that configures and extends its solutions to accommodate specific use cases.

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