New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 25, 2014
13:18 EDTSPLKSplunk volatility elevated into Q2 and outlook
Splunk August weekly call option implied volatility is at 118, September is at 63, October is at 62, November is at 53; compared to its 26-week average of 52 according to Track Data, suggesting large near term price movement into the expected release of Q2 results after the market close on August 28.
News For SPLK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 6, 2015
08:53 EDTSPLKSplunk investor concerns over Amazon overblown, says William Blair
Subscribe for More Information
05:43 EDTSPLKAmazon launch not immediate threat to Splunk, says UBS
UBS analyst Brent Thill attributes yesterday's weakness in shares of Splunk (SPLK) to Amazon's (AMZN) launch of its own Elasticsearch Service, which on the surface looks competitive to Splunk's Cloud offering. After speaking with Splunk management, however, Thill views Amazon's launch as more of a "Wall Street headline risk" than an immediate competitive threat to Splunk's financials. Amazon's product seems more high-level and less solution-centric compared to Spunk, Thill tells investors in a research note titled "All Analytics Not Created Equal." Shares of Splunk closed yesterday down $1.06 to $55.30. Thill keeps a Buy rating on the name with a $76 price target.
September 24, 2015
07:44 EDTSPLKSplunk premium valuation defensible, says UBS
Subscribe for More Information
September 23, 2015
07:36 EDTSPLKSplunk price target lowered to $75 from $83 at Canaccord
After attending Splunk's user conference this week and analyst session yesterday, Canaccord analyst Richard Davis Jr. said the company is still "best in class" in the big data sub-segment in which it operates with no signs of giving up that position. Following a 15% pullback since mid-August, Splunk shares are "comparatively inexpensive," the analyst told investors. Noting that the analyst day highlighted Splunk's continued investments in its product initiatives, Davis Jr. lowered his price target on the stock $75 from $83.
07:17 EDTSPLKSplunk tone 'decidedly positive' at analyst day, says William Blair
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use