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Splunk Inc Stock Research

SPLK

89.75USD+1.89(+2.15%)Market Closed

Market Summary

USD89.75+1.89
Market Closed
2.15%

SPLK Alerts

SPLK Stock Price

SPLK RSI Chart

SPLK Valuation

Market Cap

14.7B

Price/Earnings (Trailing)

-21.34

Price/Sales (Trailing)

4.44

EV/EBITDA

-28.93

Price/Free Cashflow

49.52

SPLK Price/Sales (Trailing)

SPLK Profitability

EBT Margin

-20.05%

Return on Equity

120.68%

Return on Assets

-13.09%

Free Cashflow Yield

2.02%

SPLK Fundamentals

SPLK Revenue

Revenue (TTM)

3.3B

Revenue Y/Y

39.87%

Revenue Q/Q

16.4%

SPLK Earnings

Earnings (TTM)

-687.5M

Earnings Y/Y

90.5%

Earnings Q/Q

84.45%

Price Action

52 Week Range

65.00150.79
(Low)(High)

Last 7 days

-11.8%

Last 30 days

-17.8%

Last 90 days

0.4%

Trailing 12 Months

-21.5%

SPLK Financial Health

Current Ratio

1.22

SPLK Investor Care

Shares Dilution (1Y)

2.95%

Diluted EPS (TTM)

-4.31

Peers (Alternatives to Splunk)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.1T
204.1B
-1.92% -6.89%
30.5
10.08
10.38% -5.25%
228.6B
46.1B
-7.20% 4.35%
25.98
4.96
11.29% -14.28%
186.7B
31.4B
6.91% -6.75%
897.78
5.96
19.41% -85.60%
163.2B
17.6B
-11.04% -20.88%
34.32
9.27
11.54% -1.37%
20.9B
4.4B
-7.13% -28.23%
201.15
4.75
7.15% -92.46%
12.1B
-
-3.12% 49.09%
44.35
17.39
- -
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
8.9B
767.1M
-2.98% 9.04%
69.2
11.63
15.59% 16.73%
6.5B
869.9M
3.14% -9.62%
-33
7.53
13.87% -103.37%
3.1B
468.0M
2.00% -15.48%
-20.53
6.62
26.74% -70.26%
2.4B
308.3M
1.17% 7.67%
-23.16
7.93
13.75% -237.98%
SMALL-CAP
1.2B
383.7M
4.07% -32.35%
-9.91
3.24
14.43% -50.89%
1.2B
399.9M
30.95% 57.36%
-14.32
2.91
4.73% 8.15%
152.1M
317.3M
-43.48% -70.17%
-2.22
0.48
5.06% -17.52%

Financials for Splunk

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue8.7%3,3043,0392,8462,6742,518
Gross Profit11.2%2,5032,2512,0811,9401,824
Operating Expenses-0.5%3,0833,1003,0853,0872,979
  S&GA Expenses0.1%1,6031,6021,5741,5351,495
  R&D Expenses-2.3%1,0121,0351,0381,030983
EBITDA36.2%-478-749-932--
EBITDA Margin41.3%-0.14*-0.25*-0.33*--
Earnings Before Taxes31.8%-662-971-1,151-1,320-1,325
EBT Margin37.3%-0.20*-0.32*-0.40*--
Interest Expenses-31.5%86.00126152175158
Net Income31.1%-687-998-1,172-1,339-1,337
Net Income Margin36.7%-0.21*-0.33*-0.41*--
Free Cahsflow31.6%296225188--
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.8%5,2515,2105,2105,7915,089
  Current Assets4.6%2,9602,8302,4533,2772,718
    Cash Equivalents11.4%8337488141,4291,304
  Net PPE-7.5%113122123125129
  Goodwill0%1,4021,4021,4021,4021,402
Liabilities-1.2%5,8215,8945,8725,5684,911
  Current Liabilities40.5%2,4351,7331,6902,0991,525
Shareholder's Equity-355.7%-569223178--
  Retained Earnings-0.8%-4,055-4,022-3,813-3,808-3,667
  Additional Paid-In Capital3.5%4,4974,3474,1555,0324,846
Accumulated Depreciation6.6%185173163154148
Shares Outstanding0.5%163163161160159
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations28.7%306238201128-28.41
  Share Based Compensation-1.8%806821826795757
Cashflow From Investing16.4%-644-771-1,090-333-149
Cashflow From Financing86.0%-132-949-141-136-172
  Buy Backs-100.0%0.001,6161,0001,616-

Risks for SPLK

What is the probability of a big loss on SPLK?

89.6%


Probability that Splunk stock will be more than 20% underwater in next one year

60.8%


Probability that Splunk stock will be more than 30% underwater in next one year.

45.8%


Probability that Splunk stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SPLK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Splunk was unfortunately bought at previous high price.

Drawdowns

Returns for SPLK

Cumulative Returns on SPLK

8.5%


10-Year Cumulative Returns

9.1%


7-Year Cumulative Returns

-3.8%


5-Year Cumulative Returns

-8.6%


3-Year Cumulative Returns

What are the long-term rolling returns for SPLK?

FIve years rolling returns for Splunk.

Annualized Returns

Which funds bought or sold SPLK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-6.82
32,877
534,877
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-57.56
-7,444,360
7,033,640
0.01%
2023-03-10
BAILLIE GIFFORD & CO
added
0.32
3,468,560
26,825,600
0.03%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-3.99
646,000
7,167,000
0.04%
2023-03-01
Lakewood Asset Management LLC
new
-
6,000
6,000
-%
2023-02-28
Voya Investment Management LLC
added
7.87
-80,431,700
65,870,300
0.09%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-13.98
-40,142
2,592,860
-%
2023-02-24
SRS Capital Advisors, Inc.
added
40.00
1,616
3,616
-%
2023-02-24
National Pension Service
added
9.95
4,139,730
23,243,400
0.05%
2023-02-24
Garde Capital, Inc.
reduced
-26.21
-22,000
124,000
0.01%

1–10 of 39

Latest Funds Activity

Are funds buying SPLK calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SPLK
No. of Funds

Splunk News

Nasdaq

T-Mobile (TMUS) Solution to Aid Roadside Safety Enhancement.

Nasdaq,
14 hours ago

Investor's Business Daily

SPLK Stock: Splunk Analyzes Vast Amounts Of Data.

Investor's Business Daily,
16 days ago

Investor's Business Daily

Schedule 13G FIlings of Splunk

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
primecap management co/ca/
6.69%
10,945,923
SC 13G
Feb 09, 2023
vanguard group inc
9.78%
16,014,851
SC 13G/A
Feb 07, 2023
blackrock inc.
6.8%
11,085,883
SC 13G/A
Sep 09, 2022
h&f corporate investors x, ltd.
7.9%
12,799,822
SC 13D/A
Apr 04, 2022
h&f corporate investors x, ltd.
7.4%
11,909,197
SC 13D/A
Mar 04, 2022
h&f corporate investors x, ltd.
7.5%
11,909,197
SC 13D
Feb 14, 2022
price t rowe associates inc /md/
2.5%
4,041,325
SC 13G/A
Feb 07, 2022
blackrock inc.
6.2%
9,821,781
SC 13G/A
Aug 10, 2021
price t rowe associates inc /md/
8.6%
14,249,994
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
15.7%
25,466,761
SC 13G/A

SPLK Fair Value

Splunk fair value in different scenarios

The table shows the Fair Value estimates for Splunk for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

0.77

-99.14%

9.03

-89.94%

35.21

-60.77%

55.02

-38.70%
Current Inflation

-

-

0.17

-99.81%

7.32

-91.84%

29.67

-66.94%

46.46

-48.23%
Very High Inflation

-

-

-

-

5.29

-94.11%

23.25

-74.09%

36.63

-59.19%

Historical Splunk Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Splunk

View All Filings
Date Filed Form Type Document
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 01, 2023
8-K
Current Report
Feb 09, 2023
SC 13G
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 07, 2023
SC 13G/A
Major Ownership Report
Feb 01, 2023
8-K
Current Report

Latest Insider Trading transactions for SPLK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-10
Steele Gary
sold (taxes)
-928,492
90.62
-10,246
president and ceo
2023-03-10
Emanuelson Timothy
sold (taxes)
-95,966
90.62
-1,059
chief accounting officer
2023-03-10
Morgan Scott
sold (taxes)
-617,032
90.62
-6,809
svp, clo, global affairs & sec
2023-03-06
Steele Elisa
sold
-320,250
105
-3,050
-
2023-03-06
Morgan Scott
sold
-202,080
101
-2,000
svp, clo, global affairs & sec
2023-01-23
Roberts Brian Keith
acquired
-
-
59,802
svp & chief financial officer
2022-12-10
Emanuelson Timothy
sold (taxes)
-74,741
92.16
-811
chief accounting officer
2022-12-10
Morgan Scott
sold (taxes)
-465,132
92.16
-5,047
svp, clo, global affairs & sec
2022-12-05
Morgan Scott
sold
-88,130
88.13
-1,000
svp, clo, global affairs & sec
2022-10-11
TUNNELL DAVID R
acquired
-
-
7,021
-

1–10 of 50

Gary L. Steele
7000
Splunk Inc., together with its subsidiaries, provides software and cloud solutions that deliver and operationalize insights from the data generated by digital systems in the United States and internationally. The company offers Splunk Platform, a real-time data platform comprising collection, streaming, indexing, search, reporting, analysis, machine learning, alerting, monitoring, and data management capabilities. It also provides Splunk Solutions, such as Splunk Security solutions that enable cybersecurity teams streamline the security operations workflow, accelerate threat detection and response, enhance threat visibility, and scale resources to increase analyst productivity through machine learning and automation; Splunk IT Solutions that provide IT Operations teams visibility and control across cloud and on-premises environments; and Splunk Observability Solutions for building and maintaining infrastructure and applications. In addition, the company offers Ecosystem Solutions, which includes pre-built data inputs, workflows, searches, reports, alerts, custom dashboards, flexible UI components, custom data visualizations, and integration actions and methods, as well as Splunk On-Call, Splunk Infrastructure Monitoring, and Splunk SOAR solutions, which provides APIs, SDKs, and other interfaces that enable its ecosystem, including third-party developers, partners, and customers to build content that configures and extends Splunk solutions to accommodate specific use cases. Further, the company provides adoption and implementation services, education services, and maintenance and customer support services. It sells its offerings directly through field and inside sales, and indirectly through various routes to market with various partners. Splunk Inc. was incorporated in 2003 and is headquartered in San Francisco, California.

SPLK Income Statement

2022-10-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2022
Oct. 31, 2021
Revenues    
Total revenues$ 929,769$ 664,751$ 2,402,603$ 1,772,545
Cost of revenues    
Total cost of revenues[1]201,765188,290610,712543,603
Gross profit728,004476,4611,791,8911,228,942
Operating expenses    
Research and development[1]241,395265,145754,143772,052
Sales and marketing[1]388,094386,9321,193,9291,125,169
General and administrative[1]118,307112,750345,396399,864
Total operating expenses[1]747,796764,8272,293,4682,297,085
Operating loss(19,792)(288,366)(501,577)(1,068,143)
Interest and other income (expense), net    
Interest income6,70088812,9191,774
Interest expense(11,228)(50,723)(34,796)(123,326)
Other income (expense), net(3,945)411(7,548)334
Total interest and other income (expense), net(8,473)(49,424)(29,425)(121,218)
Loss before income taxes(28,265)(337,790)(531,002)(1,189,361)
Income tax provision4,3555,53215,6528,913
Net loss$ (32,620)$ (343,322)$ (546,654)$ (1,198,274)
Net loss per share:    
Net loss per share, basic (in dollars per share)$ (0.20)$ (2.14)$ (3.38)$ (7.38)
Net loss per share, diluted (in dollars per share)$ (0.20)$ (2.14)$ (3.38)$ (7.38)
Weighted-average shares outstanding:    
Weighted-average shares used in computing basic and diluted net loss per share163,044160,202161,738162,474
Cloud services    
Revenues    
Total revenues$ 374,027$ 243,042$ 1,043,361$ 654,422
Cost of revenues    
Total cost of revenues[1]119,558100,210361,939286,311
License    
Revenues    
Total revenues383,584249,021851,111611,902
Cost of revenues    
Total cost of revenues[1]1,2591,2294,0597,978
Maintenance and services    
Revenues    
Total revenues172,158172,688508,131506,221
Cost of revenues    
Total cost of revenues[1]$ 80,948$ 86,851$ 244,714$ 249,314
[1]Amounts include stock-based compensation expense, as follows:
Cost of revenues$21,842 $21,350 $64,641 $60,729 
Research and development80,126 85,060 251,510 243,107 
Sales and marketing55,610 61,946 186,483 181,568 
General and administrative31,026 35,404 99,111 105,553 

SPLK Balance Sheet

2022-10-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2022
Jan. 31, 2022
Current assets:  
Cash and cash equivalents$ 832,929$ 1,428,691
Investments, current924,296286,337
Accounts receivable, net976,5801,306,666
Prepaid expenses and other current assets115,238152,871
Deferred commissions, current111,414102,322
Total current assets2,960,4573,276,887
Investments, non-current41,32546,431
Accounts receivable, non-current164,792242,689
Operating lease right-of-use assets188,877229,198
Property and equipment, net112,976124,900
Intangible assets, net122,734164,769
Goodwill1,401,6281,401,628
Deferred commissions, non-current212,741200,876
Other assets45,815103,497
Total assets5,251,3455,790,875
Current liabilities:  
Accounts payable18,43359,206
Accrued compensation248,158396,952
Accrued expenses and other liabilities204,736257,979
Deferred revenue, current1,187,9691,384,605
Debt, current775,2330
Total current liabilities2,434,5292,098,742
Debt, non-current3,097,3113,137,731
Operating lease liabilities199,118225,556
Deferred revenue, non-current68,98286,584
Other liabilities, non-current21,05319,491
Total non-current liabilities3,386,4643,469,362
Total liabilities5,820,9935,568,104
Commitments and contingencies (Note 3 and 4)
Stockholders' equity:  
Common stock: $0.001 par value; 1,000,000,000 shares authorized; 163,472,297 shares outstanding at October 31, 2022, and 160,044,675 shares outstanding at January 31, 2022170167
Accumulated other comprehensive loss(11,226)(1,199)
Additional paid-in capital4,496,9355,032,351
Treasury stock, at cost: 6,885,414 shares at October 31, 2022 and January 31, 2022(1,000,000)(1,000,000)
Accumulated deficit(4,055,527)(3,808,548)
Total stockholders' equity(569,648)222,771
Total liabilities and stockholders' equity$ 5,251,345$ 5,790,875