Splunk Future Growth

Future criteria checks 4/6

Splunk is forecast to grow earnings and revenue by 26.4% and 10.9% per annum respectively. EPS is expected to grow by 25.1% per annum. Return on equity is forecast to be 19.5% in 3 years.

Key information

26.4%

Earnings growth rate

25.1%

EPS growth rate

Software earnings growth	14.1%
Revenue growth rate	10.9%
Future return on equity	19.5%
Analyst coverage	Good
Last updated	18 Mar 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

LSE:0R09 - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
1/31/2027	5,921	862	1,908	2,299	4
1/31/2026	5,174	544	1,500	1,496	16
1/31/2025	4,587	332	1,289	1,353	27
1/31/2024	4,216	264	986	1,008	N/A
10/31/2023	3,981	106	837	863	N/A
7/31/2023	3,843	-23	805	827	N/A
4/30/2023	3,731	-170	776	798	N/A
1/31/2023	3,654	-278	427	450	N/A
10/31/2022	3,304	-687	287	306	N/A
7/31/2022	3,039	-998	216	238	N/A
4/30/2022	2,846	-1,172	179	201	N/A
1/31/2022	2,674	-1,339	108	128	N/A
10/31/2021	2,518	-1,338	-57	-28	N/A
7/31/2021	2,411	-1,196	-80	-52	N/A
4/30/2021	2,297	-1,073	-204	-166	N/A
1/31/2021	2,229	-908	-243	-191	N/A
10/31/2020	2,275	-791	-315	-226	N/A
7/31/2020	2,343	-647	-428	-318	N/A
4/30/2020	2,368	-487	-384	-277	N/A
1/31/2020	2,359	-337	-391	-288	N/A
10/31/2019	2,190	-312	-163	-101	N/A
7/31/2019	2,044	-310	51	93	N/A
4/30/2019	1,916	-313	219	255	N/A
1/31/2019	1,803	-276	273	296	N/A
10/31/2018	1,641	-245	293	315	N/A
7/31/2018	1,502	-218	289	308	N/A
4/30/2018	1,394	-194	281	298	N/A
1/31/2018	1,309	-190	242	263	N/A
10/31/2017	1,156	-298	N/A	219	N/A
7/31/2017	1,058	-361	N/A	212	N/A
4/30/2017	991	-369	N/A	208	N/A
1/31/2017	944	-347	N/A	202	N/A
10/31/2016	864	-360	N/A	176	N/A
7/31/2016	793	-340	N/A	167	N/A
4/30/2016	729	-308	N/A	163	N/A
1/31/2016	668	-279	N/A	156	N/A
10/31/2015	596	-256	N/A	130	N/A
7/31/2015	537	-232	N/A	118	N/A
4/30/2015	491	-238	N/A	114	N/A
1/31/2015	451	-217	N/A	104	N/A
10/31/2014	403	-193	N/A	87	N/A
7/31/2014	366	-161	N/A	76	N/A
4/30/2014	331	-114	N/A	73	N/A
1/31/2014	303	-79	N/A	74	N/A
10/31/2013	268	-53	N/A	64	N/A
7/31/2013	241	-41	N/A	57	N/A
4/30/2013	219	-32	N/A	55	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0R09's forecast earnings growth (26.4% per year) is above the savings rate (1.6%).

Earnings vs Market: 0R09's earnings (26.4% per year) are forecast to grow faster than the UK market (12.9% per year).

High Growth Earnings: 0R09's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 0R09's revenue (10.9% per year) is forecast to grow faster than the UK market (4.3% per year).

High Growth Revenue: 0R09's revenue (10.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 0R09's Return on Equity is forecast to be low in 3 years time (19.5%).

Splunk Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Splunk Inc. Provides Revenue Guidance for the Fiscal Third Quarter Ending October 31, 2023

Forecast breakeven date moved forward to 2025

Splunk Inc. Provides Revenue Guidance for the Fiscal Year 2024

Splunk Inc. Updates Earnings Guidance for the Fiscal Year Ending January 31, 2024

Forecast to breakeven in 2026

Splunk Inc. Revised Revenue Guidance for the Fiscal Year Ending January 31, 2023

Recent updates

Splunk Unveils Leading Observability and Security Solutions for Microsoft Azure Customers

Splunk Inc. Introduces New Security Innovations to Power the SOC of the Future

Splunk Unveils Asset and Risk Intelligence to Revolutionize Proactive Risk Mitigation

Splunk Inc. Files Form 15

Splunk Inc.(NasdaqGM:SPLK) dropped from FTSE All-World Index (USD)

Splunk Inc.(NasdaqGS:SPLK) dropped from NASDAQ Composite Index

Cisco Systems, Inc. (NasdaqGS:CSCO) entered into an agreement and plan of merger to acquire Splunk Inc. (NasdaqGS:SPLK) from Hellman & Friedman Capital Partners X, L.P., managed by Hellman & Friedman LLC, BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., PRIMECAP Management Company and others.

Full year 2024 earnings released: EPS: US$1.58 (vs US$1.71 loss in FY 2023)

Splunk Inc. to Report Q4, 2024 Results on Feb 27, 2024

New minor risk - Earnings quality

Third quarter 2024 earnings released: EPS: US$0.58 (vs US$0.20 loss in 3Q 2023)

Splunk Inc. to Report Q3, 2024 Results on Nov 28, 2023

Cisco Systems, Inc. (NasdaqGS:CSCO) entered into an agreement and plan of merger to acquire Splunk Inc. (NasdaqGS:SPLK) from Hellman & Friedman Capital Partners X, L.P., managed by Hellman & Friedman LLC and others for approximately $28 billion.

Cisco Systems, Inc. (NasdaqGS:CSCO) entered into an agreement and plan of merger to acquire Splunk Inc. (NasdaqGS:SPLK) from Hellman & Friedman Capital Partners X, L.P., managed by Hellman & Friedman LLC and others for approximately $28 billion.

Splunk Inc. Provides Revenue Guidance for the Fiscal Third Quarter Ending October 31, 2023

New minor risk - Shareholder dilution

Forecast breakeven date moved forward to 2025

Splunk Inc. Provides Revenue Guidance for the Fiscal Year 2024

Second quarter 2024 earnings released: US$0.38 loss per share (vs US$1.30 loss in 2Q 2023)

Splunk Inc. to Report Q2, 2024 Results on Aug 23, 2023

Splunk Inc. Unveils New Product Innovations to Its Unified Security and Observability Platform

Splunk Inc. Announces Splunk Edge Hub to Enable Visibility Across Physical and Industrial Environments

Splunk Inc. Updates Earnings Guidance for the Fiscal Year Ending January 31, 2024

First quarter 2024 earnings released: US$1.19 loss per share (vs US$1.90 loss in 1Q 2023)

Splunk Inc. Announces Splunk Security for SAP®? Solutions Now an SAP Endorsed App

Splunk Inc., Annual General Meeting, Jun 21, 2023

Splunk Inc. to Report Q1, 2024 Results on May 24, 2023

Full year 2023 earnings released: US$1.71 loss per share (vs US$8.29 loss in FY 2022)

Splunk Inc. to Report Q4, 2023 Results on Mar 01, 2023

Forecast to breakeven in 2026

Splunk Inc. Appoints Brian Roberts as Senior Vice President

Splunk Inc. Announces Resignation of Stephen G. Newberry as Member of the Board of Directors

Third quarter 2023 earnings released: US$0.20 loss per share (vs US$2.14 loss in 3Q 2022)

Splunk Inc. Revised Revenue Guidance for the Fiscal Year Ending January 31, 2023

Splunk Inc. (NasdaqGS:SPLK) acquired Twinwave Security, Inc.

Splunk Inc. to Report Q3, 2023 Results on Nov 30, 2022

Splunk Inc. Appoints Sharyl Givens as Chief People Officer

Splunk Inc. Announces Executive Changes

Splunk Inc. Reaffirms Earnings Guidance for the Third Quarter and Full Year of Fiscal 2023

Splunk Inc. Announces Resignation of Jason Child as Senior Vice President

Splunk Inc. Announces the Resignation of Sara Baack as Member of the Board, Effective December 12, 2022

Splunk Inc. Appoints Tom Casey as Senior Vice President and General Manager, Platform

Splunk Inc. Appoints Jason Lee as Chief Information Security Officer

Second quarter 2023 earnings released: US$1.30 loss per share (vs US$2.34 loss in 2Q 2022)

Splunk Inc. Provide Earnings Guidance for the Third Quarter Ending October 31, 2022

Splunk Inc. to Report Q2, 2023 Results on Aug 24, 2022

Splunk Delivers Security and Observability Solutions for the Hybrid Cloud World

First quarter 2023 earnings released: US$1.90 loss per share (vs US$2.89 loss in 1Q 2022)

Splunk Inc. Provides Earnings Guidance for the Second Quarter Ending July 31, 2022

Splunk Appoints Petra Jenner as Senior Vice President and General Manager for Europe, Middle East and Africa

Splunk Inc. Names Katie Bianchi as Senior Vice President and Chief Customer Officer

Splunk Inc. to Report Q1, 2023 Results on May 25, 2022

Splunk Inc., Annual General Meeting, Jun 16, 2022

Splunk Inc. Appoints Luis Felipe Visoso to Board of Directors

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

Splunk Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2023

Splunk Inc. to Report Q4, 2022 Results on Mar 02, 2022

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Splunk Inc. Provides Earnings Guidance for the Fiscal Fourth Quarter and Fiscal Year Ending January 31, 2022 and Fiscal Year Ending January 31, 2023

Second quarter 2022 earnings released: US$2.34 loss per share (vs US$1.64 loss in 2Q 2021)

Splunk Inc. Provides Earnings Guidance for the Quarter Ending October 31, 2021 and Year Ending January 31, 2022

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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