SPLUNK INC (SPLK) Forecast, Price Target & Analyst Ratings

NASDAQ:SPLK • US8486371045

Current stock price

156.9 USD
+0.39 (+0.25%)
At close:
156.92 USD
+0.02 (+0.01%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SPLUNK INC (SPLK).

Forecast Snapshot

Consensus Price Target

Price Target
$153.96
-1.87% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 22, 2024
Period
Q1 / 2025
EPS Estimate
$0.48
Revenue Estimate
891.93M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
66.32%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$153.96
Upside
-1.87%
From current price of $156.90 to mean target of $153.96, Based on 38 analyst forecasts
Low
$106.05
Median
$160.14
High
$179.23

Price Target Revisions

1 Month
0.00%
3 Months
0.89%

Price Target Summary

38 Wall Street analysts provided a forecast for the next 12 months for SPLK. The average price target is 153.96 USD. This implies a price decrease of -1.87% is expected in the next year compared to the current price of 156.9.
The average price target has been revised upward by 0.89% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

SPLK Current Analyst RatingSPLK Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15 20 25

Analyst Ratings History

SPLK Historical Analyst RatingsSPLK Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30 40

Analyst Ratings Consensus

ChartMill Buy Consensus
66.32%
SPLK was analyzed by 38 analysts. The buy percentage consensus is at 66. So analysts seem to be have mildly positive about SPLK.
In the previous month the buy percentage consensus was at a similar level.
SPLK was analyzed by 38 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-11-29Truist SecuritiesDowngrade Buy -> Hold
2023-11-27JefferiesDowngrade Buy -> Hold
2023-10-09Evercore ISI GroupDowngrade Outperform -> In-Line
2023-10-02Piper SandlerDowngrade Overweight -> Neutral
2023-09-27BTIGDowngrade Buy -> Neutral
2023-09-22MizuhoMaintains Neutral -> Neutral
2023-09-22BMO CapitalDowngrade Outperform -> Market Perform
2023-09-22Argus ResearchDowngrade Buy -> Hold
2023-09-22NeedhamDowngrade Buy -> Hold
2023-09-22KeybancDowngrade Overweight -> Sector Weight
2023-09-22RBC CapitalDowngrade Outperform -> Sector Perform
2023-09-22RosenblattDowngrade Buy -> Neutral
2023-09-22Loop CapitalDowngrade Buy -> Hold
2023-09-22WedbushReiterate Neutral -> Neutral
2023-09-22Truist SecuritiesMaintains Buy -> Buy
2023-09-21Capital OneDowngrade Overweight -> Equal-Weight
2023-09-21William BlairDowngrade Outperform -> Market Perform
2023-09-21KeybancDowngrade Overweight -> Sector Weight
2023-09-19CitigroupMaintains Neutral -> Neutral
2023-08-24TD CowenMaintains Market Perform -> Market Perform
2023-08-24MizuhoMaintains Neutral -> Neutral
2023-08-24BMO CapitalMaintains Outperform -> Outperform
2023-08-24BTIGMaintains Buy -> Buy
2023-08-24UBSMaintains Neutral -> Neutral
2023-08-24NeedhamMaintains Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 22, 2024
Period
Q1 / 2025
EPS Estimate
$0.48
Revenue Estimate
891.93M
Revenue Q2Q
18.69%
EPS Q2Q
164.46%
Number of Analysts
25

Next Earnings Revisions

Revenue (1 Month)
1.21%
Revenue (3 Months)
1.43%
EPS (1 Month)
11.63%
EPS (3 Months)
30.86%

Next Earnings Summary

SPLK is expected to report earnings on 5/22/2024. The consensus EPS estimate for the next earnings is 0.48 USD and the consensus revenue estimate is 891.93M USD.
The next earnings revenue estimate has been revised upward by 1.43% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2022 2023 2024 2025 2026 2027 2028 2029 2030 2031
Revenue
YoY % growth
SPLK revenue by date.SPLK revenue by date.
2.674B
19.93%		3.654B
36.65%		4.216B
15.38%		4.705B
11.61%		5.365B
14.03%		6.046B
12.69%		7.379B
22.05%		8.571B
16.15%		9.897B
15.47%		11.346B
14.64%
EBITDA
YoY % growth
SPLK ebitda by date.SPLK ebitda by date.
-992.5M
-46.95%		-136M
86.30%		328.179M
341.31%		1.51B
360.11%		1.78B
17.88%		1.618B
-9.10%		N/AN/AN/AN/A
EBIT
YoY % growth
SPLK ebit by date.SPLK ebit by date.
-1.092B
-41.93%		-235.5M
78.43%		239.504M
201.70%		1.395B
482.45%		1.623B
16.34%		1.69B
4.13%		1.596B
-5.56%		1.828B
14.54%		2.042B
11.71%		2.124B
4.02%
Operating Margin
SPLK operating margin by date.SPLK operating margin by date.
-40.83%-6.45%5.68%29.65%30.25%27.95%21.63%21.33%20.63%18.72%
EPS
YoY % growth
SPLK eps by date.SPLK eps by date.
-1.24
-113.79%		2.64
312.90%		5.43
105.68%		5.71
5.20%		6.86
20.01%		10.28
49.98%		10.37
0.89%		11.43
10.23%		12.08
5.62%		12.93
7.09%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		0.48
164.46%		1.00
40.82%		1.61
5.78%		2.72
-10.04%		0.70
47.85%		1.19
18.68%		1.66
3.40%		2.54
-6.52%
Revenue
Q2Q % growth		891.93M
18.69%		1.069B
17.40%		1.23B
15.24%		1.554B
4.57%		1.032B
15.70%		1.202B
12.44%		1.347B
9.51%		1.652B
6.31%
EBITDA
Q2Q % growth		121.86M
179.75%		241.28M
1,149.04%		410.64M
170.65%		702.28M
34.93%		159.41M
30.81%		325.99M
35.11%		543.33M
32.31%		770.4M
9.70%
EBIT
Q2Q % growth		102.56M
157.78%		228.08M
426.29%		380.78M
360.37%		671.73M
55.56%		154.7M
50.84%		272.48M
19.47%		393.27M
3.28%		611.85M
-8.91%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

SPLK Yearly Revenue VS EstimatesSPLK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2B 4B 6B 8B 10B
SPLK Yearly EPS VS EstimatesSPLK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 5 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
23.71%
EPS Next 5 Year
16.06%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
14.00%
Revenue Next 5 Year
16.00%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
18.62%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

SPLUNK INC / SPLK Forecast FAQ

What is the average price target for SPLUNK INC (SPLK) stock?

38 analysts have analysed SPLK and the average price target is 153.96 USD. This implies a price decrease of -1.87% is expected in the next year compared to the current price of 156.9.

When does SPLUNK INC (SPLK) report earnings?

SPLUNK INC (SPLK) will report earnings on 2024-05-22, after the market close.

Can you provide the consensus estimates for SPLUNK INC next earnings?

The consensus EPS estimate for the next earnings of SPLUNK INC (SPLK) is 0.48 USD and the consensus revenue estimate is 891.93M USD.

What is the number of analysts for SPLK stock?

The number of analysts covering SPLUNK INC (SPLK) is 38.