Splunk (SPLK) to Release Earnings on Thursday
Splunk (NASDAQ:SPLK) is scheduled to post its Q215 quarterly earnings results on Thursday, August 28th. Analysts expect Splunk to post earnings of ($0.02) per share and revenue of $93.93 million for the quarter.
Splunk (NASDAQ:SPLK) opened at 46.22 on Wednesday. Splunk has a 52 week low of $39.35 and a 52 week high of $106.15. The stock has a 50-day moving average of $45.22 and a 200-day moving average of $59.03. The company’s market cap is $5.480 billion.
A number of research firms have recently commented on SPLK. Analysts at Cowen and Company upgraded shares of Splunk to an “outperform” rating in a research note on Monday. They now have a $55.00 price target on the stock. On the ratings front, analysts at Deutsche Bank cut their price target on shares of Splunk from $65.00 to $55.00 in a research note on Thursday, August 21st. They now have a “buy” rating on the stock. Finally, analysts at Zacks upgraded shares of Splunk from an “underperform” rating to a “neutral” rating in a research note on Thursday, August 7th. They now have a $43.30 price target on the stock. Nine research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $71.41.
Splunk Inc provides software products. The Company’s products enable users to collect, index, and search, explore, monitor and analyze data regardless of format or source.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.