SPLK Stock Overview
Splunk Inc. provides software and cloud solutions that deliver and operationalize insights from the data generated by digital systems in the United States and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$118.10|
|52 Week High||US$178.18|
|52 Week Low||US$105.45|
|1 Month Change||3.56%|
|3 Month Change||-29.48%|
|1 Year Change||-31.27%|
|3 Year Change||-1.54%|
|5 Year Change||104.57%|
|Change since IPO||232.86%|
Recent News & Updates
Splunk Inc.'s (NASDAQ:SPLK) Intrinsic Value Is Potentially 49% Above Its Share Price
In this article we are going to estimate the intrinsic value of Splunk Inc. ( NASDAQ:SPLK ) by taking the expected...
Splunk: Time To Buy The Dip, A Rebound Is Coming In 2022
Shares of Splunk crashed more than 30% since the start of November, a reflection of weakening investor sentiment towards growth. The company's Q3 earnings results came in well above expectations. In particular, Splunk continued a healthy pace of ARR growth as the company continues to make progress on its subscription transition. Valuation looks attractive at ~6.7x FY23 revenue, considering historical averages in the low teens and a current ~40% y/y pace of growth in ARR.
At US$116, Is Splunk Inc. (NASDAQ:SPLK) Worth Looking At Closely?
Today we're going to take a look at the well-established Splunk Inc. ( NASDAQ:SPLK ). The company's stock saw...
|SPLK||US Software||US Market|
Return vs Industry: SPLK underperformed the US Software industry which returned 10.2% over the past year.
Return vs Market: SPLK underperformed the US Market which returned 7.7% over the past year.
|SPLK Average Weekly Movement||7.5%|
|Software Industry Average Movement||8.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: SPLK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SPLK's weekly volatility (7%) has been stable over the past year.
About the Company
Splunk Inc. provides software and cloud solutions that deliver and operationalize insights from the data generated by digital systems in the United States and internationally. The company offers Splunk Platform, a real-time data platform comprising collection, streaming, indexing, search, reporting, analysis, machine learning, alerting, monitoring, and data management capabilities. It also provides Splunk Solutions, such as Splunk Security solutions that enable cybersecurity teams streamline the security operations workflow, accelerate threat detection and response, enhance threat visibility, and scale resources to increase analyst productivity through machine learning and runbook-driven automation; Splunk IT Solutions that provide IT Operations teams visibility and control across cloud and on-premises environments; and Splunk Observability Solutions for building and maintaining infrastructure and applications.
Splunk Fundamentals Summary
|SPLK fundamental statistics|
Is SPLK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SPLK income statement (TTM)|
|Cost of Revenue||US$693.26m|
Last Reported Earnings
Oct 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-8.43|
|Net Profit Margin||-53.14%|
How did SPLK perform over the long term?See historical performance and comparison
Is Splunk undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPLK ($118.1) is trading below our estimate of fair value ($180.11)
Significantly Below Fair Value: SPLK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPLK is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: SPLK is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SPLK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPLK is overvalued based on its PB Ratio (105.5x) compared to the US Software industry average (4.9x).
How is Splunk forecast to perform in the next 1 to 3 years based on estimates from 37 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPLK is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: SPLK is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: SPLK is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: SPLK's revenue (17.6% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: SPLK's revenue (17.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SPLK's Return on Equity is forecast to be high in 3 years time
How has Splunk performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPLK is currently unprofitable.
Growing Profit Margin: SPLK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SPLK is unprofitable, and losses have increased over the past 5 years at a rate of 34.9% per year.
Accelerating Growth: Unable to compare SPLK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPLK is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (20%).
Return on Equity
High ROE: SPLK has a negative Return on Equity (-752.82%), as it is currently unprofitable.
How is Splunk's financial position?
Financial Position Analysis
Short Term Liabilities: SPLK's short term assets ($2.7B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: SPLK's short term assets ($2.7B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: SPLK's net debt to equity ratio (836.3%) is considered high.
Reducing Debt: SPLK's debt to equity ratio has increased from 0.08% to 1742.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SPLK has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SPLK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Splunk current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPLK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPLK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SPLK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPLK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SPLK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Graham Smith (61 yo)
Mr. Graham Vivian Smith has been Director of Splunk Inc. since July 2011 and has been its Chairman since March 21, 2019. He serves as Interim Chief Executive Officer at Splunk Inc. since November 15, 2021....
Experienced Management: SPLK's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: SPLK's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Splunk Inc.'s employee growth, exchange listings and data sources
- Name: Splunk Inc.
- Ticker: SPLK
- Exchange: NasdaqGS
- Founded: 2003
- Industry: Application Software
- Sector: Software
- Implied Market Cap: US$18.753b
- Shares outstanding: 158.79m
- Website: https://www.splunk.com
Number of Employees
- Splunk Inc.
- 270 Brannan Street
- San Francisco
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 00:05|
|End of Day Share Price||2022/01/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.