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Splunk Inc. (SPLK)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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90.61+1.84 (+2.07%)
As of 10:22AM EDT. Market open.
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  • V
    ValueGuy
    just waiting for earnings this week. if they show continued solid growth, and the share price does not move much, I'll be buying more. I think SPLK is undervalued.
  • M
    Mbux
    Earnings will be scary
  • B
    BOB
    Sellers keep destroying share prices. I NEED A STOCK WHERE THE SELLING IS CONTAINED. I have to protect my profits in SPLK. Unlike all the overpriced high-flyers that will continue to fall and devalue, this undiscovered $5.00 gem has fast rising revenues, undervaluation, NO SELLERS, and a breakthrough cybersecurity solution that is spreading fast. ATDS is also quickly becoming a buyout target. https://www.otcmarkets.com/stock/ATDS/news/Data443-Reports-46-Increase-in-Revenue-41-Increase-in-Gross-Profit-in-Fiscal-Year-2021?id=350520
  • V
    ValueGuy
    SPLK market cap now roughly where it was in March 2018. At that time, SPLK had ~$1.4 billion in annual revenues. Fast forward to today, and they have shifted to a subscription model with $3 billion in ARR, 20% top line growth projections (maybe for several more years), and now just turning OCF and FCF positive (though inflation might take some wind out of this). I would say this is now in "value territory". I'm building my holdings. Would be pretty bullish from this point. If interest rates rise further and there is more sell-off, I'll buy then too.
  • M
    MISFELDT
    Have you guys ever heard of (http://Themaxgains.tech)? The picks on there are way better than SPLK
  • Q
    Quasar
    Stock has lost $45 since beginning of the month, like so many others, but will be back to $150 range by EOY. .
  • N
    Neo
    Splunk (SPLK) Stock: $165 Price Target And Buy Rating
    pulse2-com.cdn.ampproject.org
  • V
    ValueGuy
    Down almost 10% pre-earnings. What is the market expecting here? A total meltdown? They sell enterprise software subscriptions for mission critical applications on multi-year contracts. I'll be SPLK is more resilient than people think. But lets wait and see. Personally I'm waiting for another 50 basis point interest rate increase that causes another market sell-off. Then I'm going all-in on this.
  • Q
    Quasar
    ER will take care of the price, back to $122
  • V
    ValueGuy
    AMZN, MSFT, IMB etc. all posted solid numbers for their cloud businesses. This would imply that SPLK customers are still spending, and I would not expect much by ways of any revenue slowdown. Also, I would assume that SPLK has significant pricing power with its subscriptions given their "mission critical" profile. I'm long on this company and think that revenue growth will remain strong for years to come.
  • V
    ValueGuy
    Now I'm worried that SPLK will get taken private so that I can't enjoy the long climb after suffering through their business model transition.
  • V
    ValueGuy
    Well...I have to admit I'm surprised with this sell-off. Perhaps I significantly underestimated the impact of interest rate increases. Still holding onto my SPLK shares, now at a nice loss. Have been thinking of loading up some more as I believe the overall growth story for this business remains intact. However, after days of just pounding losses each day it is hard to know where the bottom will be. Will just have to endure it.
  • R
    Razer Ramon
    Changing name to Sunk
  • C
    CHAMI
    Can’t believe this site just gave me a 43% winner. (http://traderspot.club)
  • T
    TERKEURST
    They just featured SPLK on this sites morning watchlist. (http://market-engross.club)
  • V
    ValueGuy
    Down 7% today...but no news. Ouch. Maybe I should wait for another 1-2 interest rate hikes before building this position further? Hard to time this.
  • V
    ValueGuy
    SPLK is now down ~27% over the last 5 trading days. All this with no real news about the company, only general market sell-offs. Frustrating.
  • a
    anonymous
    I am one of the ones who sold a while ago when this tanked down to $120 ish, on its original drop a year ago.

    Having said that, is this a buy now, or a value trap? It looks tempting to get back in.
  • M
    Mbux
    @ValueGuy is this a buying point or should we wait till it drops below 100?