![]() ![]() Smith's expected conference presentation and discussion on Splunk as rallying support for a takeout," the analyst wrote in a client note. We believe the volume of potential buyout candidates and activist investor agitation indicates a deal is likely. "Investors we have spoken with this year have increasingly viewed a buyout of Splunk as a binary event. How to buy Splunk stock online You can buy Splunk shares by opening an account. Negative dynamics for Splunk shares will prevail with possible volatility of 2.008. What is the Splunk stock quote today The Splunk stock price is 70.23 USD today. He views the buyout as "more likely than not." Forecast target price for 10-13-2022: 84.85. Needham & Company analyst Mike Cikos is not surprised by reports about SPLK. Splunk Inc., together with its subsidiaries, provides software and cloud solutions that deliver and operationalize insights from the data generated by. More information about Starboard’s involvement will likely become available this week when Starboard founder and CEO Jeff Smith appears at a 13D Monitor Active-Passive Investor Summit. Last year, the private equity giant Silver Lake invested $1 billion in Splunk to fund the company’s transformation from a traditional software-licensing arrangement to a cloud-based subscription model. Get the latest Splunk Inc (SPLK) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and. Shortly afterward, the private equity firm Hellman & Friedman said it had a 7.5% stake in Splunk, an involvement which resulted in one of the company’s partners earning a board seat at Splunk. Based on Friday's closing price, the company’s market capitalization was just under $11.5 billion.Įarlier in 2022, Cisco (NASDAQ: CSCO) made a bid of over $20 billion for Splunk, the WSJ reported in February. The Splunk 52-week low stock price is 83.26, which is 0 below the current share price. The Splunk 52-week high stock price is 176.66, which is 112.1 above the current share price. The all-time high Splunk stock closing price was 223.59 on September 01, 2020. Out of 27 analyst ratings, there are 18 Buys and nine Holds. The latest closing stock price for Splunk as of Septemis 83.28. It wouldn’t be surprising that Smith also sees SPLK as a solid takeover target. What is the Target Price for SPLK Stock Turning to Wall Street, SPLK stock comes in as a Moderate Buy. Shares of Splunk (ticker: SPLK) rose 7.1 to 75. and plans to push the company to take actions to boost its stock price. Starboard often targets underperforming software companies with room for operational and margin improvements. Splunk Stock Jumps as Activist Starboard Said to Have Stake Just Under 5. New actions would be aimed at boosting Splunk’s stock price, which is down almost 70% from 2020 high. After we net off the 1.79 billion of cash and 3.87 billion of debt on Splunk's most recent balance sheet, the. Starboard is reportedly pushing Splunk’s board to make changes. ITACM ITOM Market Share, Growth by Business Developments 2022 to 2028 Splunk. At current share prices near 80, Splunk trades at a 13.00 billion market cap. ![]()
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