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.
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