# Splunk Inc.  Share Price Target ‘$150.36’, now -4.2% Downside Potential

- Link: https://www.directorstalkinterviews.com/splunk-inc.share-price-target-150.36-now-4.2-downside-potential-2/4121154973
- Published: 2024-05-03T13:50:20+01:00
- Author: Charlotte Edwards

**Splunk Inc.** which can be found using ticker (SPLK) have now 14 market analysts
covering the stock. The analyst consensus now points to a rating of ‘hold’. The 
target price High/Low ranges between $162.00 and $105.00 with the average share 
target price sitting at $150.36. (at the time of writing). Now with the previous
closing price of $156.90 this would imply there is a potential downside of -4.2%.
It’s also worth noting that there is a 50 day moving average of $154.60 and the 
200 moving average now moves to $135.96. The total market capitalization for the
company now stands at 26.44B. The stock price is currently at: $156.90 USD

 The potential market cap would be $25,341,524,764 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 103.22, revenue per share of $25.22
and a 3.39% return on assets.

Splunk Inc. (Splunk) is engaged in the development and marketing of cloud services
and licensed software solutions. It offers the Unified Security and Observability
Platform, which is comprised of Splunk Security and Splunk Security. Splunk Security
includes Splunk Enterprise Security, Splunk Security Orchestration, Automation and
Response, Splunk User Behavior Analytics, Splunk Attack Analyzer, and Splunk Mission
Control. Splunk Observability includes Splunk Information Technology Service Intelligence,
and Splunk Observability Cloud, which provides fully integrated capabilities for
Splunk Application Performance Monitoring, Splunk Infrastructure Monitoring, Splunk
Real User Monitoring, and Splunk Synthetic Monitoring. It provides application programming
interfaces, software development kits, and other interfaces that enable its network
of third-party developers, partners, and customers to build content that configures
and extends its solutions to accommodate specific use cases.

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