Splunk will return to being a 30%-plus revenue growth company with rapidly expanding gross and operating margins. And SPLK stock will rise back from the dead. Our numbers suggest that SPLK stock is significantly undervalued today. Globally, the Big Data market is expected to grow at a 10%-plus clip over the next decade.
As economic activity and consumer and enterprise behavior normalize in 2021/22, enterprise spending on data analytics software and tools will meaningfully accelerate. Splunk will return to being a 30%-plus revenue growth company with rapidly expanding gross and operating margins. And SPLK stock will rise back from the dead.
When did Splunk make its stock debut?
Splunk ( SPLK -3.74% ) made its debut in the equity markets on April 19, 2012. Splunk sold over 15 million shares at $17 each, raising about $264 million in its IPO.
You could be thinking “What happened to Splunk’s IPO price?”
The company priced its IPO for 13.5 million shares at $17 each and generated a good bit of buzz. Morgan Stanley was the lead underwriter, but a bevy of big firms were in on the deal. Shares doubled initially and then topped $34 as trading ended. Here’s the rundown on Splunk, a company that’s likely to lead a big data IPO parade going forward:.
This data analytics company has crushed market returns since its IPO in 2012, despite a 40% decline in recent weeks. Splunk ( NASDAQ: SPLK) made its debut in the equity markets on April 19, 2012. Splunk sold over 15 million shares at $17 each, raising about $264 million in its IPO.
What companies has Splunk bought?
Splunk announced the acquisition of cloud monitoring company Signal. Fx on August 21, 2019 for $1.05B. Two weeks later on September 4, 2019, Splunk acquired Omnition —an early-stage startup specializing in distributed tracing—for an undisclosed amount.
How much does splunk cost?
Pricing is available as a perpetual or annual term license, is based on maximum daily data ingestion, and starts at $2,000/year for 1 GB/day. Splunk Cloud is available for monthly or annual subscription.
Is Splunk (SPLK) a good investment?
The long-term bull thesis on SPLK stock is compelling for one very simple reason: Splunk is a great company with a ton of potential. We are sprinting into the Intelligence Economy — a new era wherein companies and persons become smarter with the help of data, AI and algorithms.
For the fiscal 2012 year ended Jan. 31, Splunk pulled in $121 million in revenue, an 83 percent increase from the previous year. In 2009, 2010, and 2011, the company took a net loss of $14.8 million, $7.5 million and $3.8 million, respectively.
One way to think about this is through its Data- to-Everything platform, Splunk offers various industry-leading services and tools which enable enterprises to seamlessly capture, aggregate, monitor, and analyze data from various sources, with an endless number of end-applications, including security, consumer experience, product development, marketing, etc.
Why is Splunk so expensive?
Reason 2 : Splunk is Expensive Splunk is a proprietary tool and their pricing is based on how much data you ingest into Splunk. This means that the more data you use, the more it will cost you. This is directly antithetical to how data scientists think.
Although there is no official Splunk storage calculator, there are techniques you can use to estimate storage requirements yourself. All you need is an understanding of Splunk data and storage tiers and the ability to use CLI commands. For example, if you’re running Linux, you can see the total storage your Splunk index is using with du -ch hot_v*.
It’s all included—at no additional cost. Perpetual and Term Licensing. There are two options for licensing Splunk Enterprise: Perpetual license: this includes the full functionality of Splunk Enterprise and starts as low as $4,500 for 1 GB/day*, plus annual support fees.
How many users can I add to my Splunk Enterprise Account?
Once you license Splunk Enterprise there is no limit to the number of users, searches, alerts, correlations, reports, dashboards or automated remedial actions. It’s all included—at no additional cost.
Is SPLK stock undervalued or overvalued?
SPLK stock has been on a downward spiral ever since, but it now looks significantly undervalued and could rebound soon, and by a lot. Splunk is a very solid company, providing industry-leading data analytics tools with robust and rapidly growing demand.