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July 24, 2014
16:20 EDTQLIKQlik Technologies reports Q2 EPS 2c, consensus (3c)
Reports Q2 revenue $131.6M, consensus $125.3M.
News For QLIK From The Last 14 Days
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October 6, 2015
15:25 EDTQLIKAmazon cloud announcement unlikely to sink Splunk, analysts say
Amazon (AMZN) appears to be signaling an expanded presence in cloud-based data analytics, sending shares of incumbents in the space lower and prompting several analysts to weigh in on the e-commerce giant's potential impact. AMAZON CLOUD: Amazon is expected to announce a new "big data" analytics addition to Amazon Web Services, according to an October 4 Wall Street Journal report. The article follows the launch last week of Amazon Elasticsearch, adding further data crunching capabilities to the company's cloud computing platform. Commenting on the news, William Blair analyst Bhavan Suri said that Splunk (SPLK) investor concerns over Amazon are overblown. Elasticsearch is likely to remain primarily a document search platform rather than a direct competitor to Splunk's offerings, while Amazon's expected analytics announcement looks more likely to challenge Tableau (DATA) and Qlik (QLIK), the analyst argues. Meanwhile, FBR analyst Daniel Ives said that a tangential move into the data analytics space "makes a ton of strategic and financial sense" for Amazon, as the market is only about 10% penetrated despite aggressive expansion from Microstrategy (MSTR), IBM (IBM), Microsoft (MSFT), SAP (SAP), and others. That said, Ives cautioned that Amazon's ability to again disrupt the cloud space with this latest entry appear limited in the near term, with many companies already showing preference for pure-play analytics firms. Amazon may ultimately have to make a larger acquisition by picking up a Qlik, Tableau, or Splunk to gain traction, the analyst contended. PRICE ACTION: Splunk shares are down fractionally in afternoon trading after some earlier volatility, while Tableau and Qlik are showing respective losses of roughly 3.14% and 1.86%.
08:53 EDTQLIKSplunk investor concerns over Amazon overblown, says William Blair
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September 28, 2015
10:08 EDTQLIKTableau price target lowered to $75 at Summit Research on competition concerns
Summit Research analyst Srini Nandury said the firm's channel checks indicate that Tableau's (DATA) software competition will intensify from Salesforce (CRM), Qlik (QLIK) and PowerBI. The analyst thinks Tableau's string of large "beat and raise" quarters will come to an end since most of the "low-hanging fruit" seems to have been picked and the company will need to work harder to acquire new customers. Nandury keeps a Hold rating on Tableau and cut the firm's price target on the stock to $75 from $80.

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