Tag Archives: splk

Splunk Hits High For Seventh Straight Day; Q4 Mixed

Young Big Data company Splunk (SPLK) stayed hot Friday, despite a mixed financial report late Thursday, with Splunk stock rising to a new high for the seventh straight trading day. The company’s bottom line for its fiscal Q4 ended Jan. 31 missed analyst estimates, as did its revenue guidance for the current quarter, as IBD reported. But Q4 revenue beat, rising 53% from the year-earlier quarter to $99.9 million. And analysts stayed upbeat on the

Splunk Q4 Seen Riding Double-Digit Growth In Big Data

Big Data software company Splunk (SPLK) is slated to report earnings after the market close Thursday, with analysts expecting continued double-digit revenue growth and a profitable quarter. Splunk provides cloud-based software that helps companies search, analyze and visualize machine-generated data coming from websites, applications, sensors and mobile devices. The analyst consensus estimate is for Splunk to report revenue of $90.4 million, up

Splunk Price Target Lifted On Larger Pipeline Deals

Splunk (SPLK) stock slumped 3.5% in afternoon trading in the stock market todayhttp://www.investors.com/stock-market-today/, though FBR Capital Markets raised its price target on the Big Data software provider. FBR maintained an outperform, or buy, rating, while hiking its price target on Splunk stock to $100 from $80. Splunk stock was trading near 74 Monday afternoon. In a research note Monday, FBR said it sees signs of upbeat product cycle at