Splunk Inc. Announces Fiscal Second Quarter 2016 Financial Results

UBS Cuts Price Target on Splunk (SPLK) to $76 Following 2Q16

UBS maintained a Buy rating on Splunk (NASDAQ: SPLK), and cut the price target to $76.00 (from $82.00), following the company's 2Q16 earnings results. SPLK showed a $5M license beat and $8M total revs beat, that was aided by strong execution in the Americas, upside from healthy state/local government demand, and strong order volumes with SPLK recording its... More

Wedbush Remains Bullish on Splunk (SPLK) Following 2Q16 Earnings Results

Wedbush reiterated an Outperform rating and $83.00 price target on Splunk (NASDAQ: SPLK) following the company's 2Q16 earnings report. 2Q16 revenue of $148M was ahead of consensus of $140M. EPS was $0.03, beating consensus by 1c. Management raised FY16 revenue guidance by $18M.

Analyst Steve Koenig commented, "SPLK beat... More

Splunk (SPLK) PT Bumped to $74 at Cowen

Cowen analyst Gregg Moskowitz reiterated an Outperform rating and bumped his price target on Splunk (NASDAQ: SPLK) to $74.00 (from $72.00) following a "very good" quarter.

Moskowitz commented, "As we had previewed, SPLK's F2Q showed more modest levels of upside to... More

Needham & Company Maintains Hold Rating on Splunk (SPLK) Following 1c EPS Beat

Needham & Company maintained a Hold rating on Splunk (NASDAQ: SPLK) following the company's 2Q16 earnings report. SPLK reported revenue of $148m, above the Street's $140m estimate. EPS of $0.03 beat Street's estimate by 1c. Overage in revenue did not flow through to EPS, due... More

Splunk (SPLK) Tops Q2 EPS by 1c, FY Revenue Guidance Beats

Splunk (NASDAQ: SPLK) reported Q2 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $148.3 million versus the consensus estimate of $140.31 million.

We are pleased with our quarterly results and thrilled to cross the 10,000 customer mark worldwide, said... More