SPLUNK

Analysis of Splunk share price

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Take the time to discover, through our article dedicated to the Splunk share, economic information and stock market data that will help you to develop your relevant fundamental and technical analyzes of this stock. In particular, you will learn about the precise activities of this company, its sector of activity with a complete presentation of its various competitors on the market, its recent partnerships, and the elements that you should analyse as a priority in order to carry out your fundamental analysis of this stock with the help of upcoming publications and news.

Elements that can influence the price of this asset:

Analysis N°1

Firstly, and given the highly technological aspect of Splunk's activities, you will of course have to follow the investments made by this group in research and development and the creation of new solutions or new products to set it apart from the competition.

Analysis N°2

We will also keep an eye on the competition in this sector, particularly with regard to the IT giants facing it, which can easily take market share from it.

Analysis N°3

The economic health of the countries in which Splunk operates will also have an undeniable impact on order intake and therefore on its revenues in the more or less long term.

Analysis N°4

The various strategic partnerships that the group may set up with other companies and any operations designed to promote the growth of its activities will also be monitored.

Analysis N°5

Finally, the Group's financial results and the objectives and forecasts it has set are an excellent indicator of the company's growth and solidity. It is possible to consult them directly on the company's website or on your broker's news feed.

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General presentation of Splunk

We now invite you to learn more about the Splunk company. With a good knowledge of the company's activities and its main sources of income, you will be better able to understand how its growth can behave in the long term.

The Splunk Group is an American company specialized in the development and sale of software solutions. In particular, it offers a real-time data collection and indexing activity that allows the generation of graphs, reports, dashboards and others.

In order to better understand Splunk's activities, they can be divided into different divisions according to the share of turnover they generate and in this way :

  • The sale of software licenses generates 57.1% of the company's revenue from the sale of software for the management of information systems, applications and databases.
  • Maintenance services represent 33.4% of the Group's turnover.
  • Finally, the remaining 9.5% of turnover comes from ancillary services and products such as cloud services.
Analysis of Splunk share price
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The major competitors of Splunk

Let's now discover the direct competitors of the Splunk Group with a presentation of the major international players in this sector of activity:

Tibco Software

This American IT company is specialized in infrastructure software for organizations in a context of cloud computing. Tibco supports information management, decision making, processes and real-time applications for more than 4,000 customers.

IBM 

This American company is a multinational corporation specializing in hardware, software and IT services.

HP 

The Hewlett Packard Company Group is an American multinational company formerly specializing in electronics and which has expanded into the computer, software, server and network sector.

Microsoft Corporation 

This other American computer and microcomputer multinational is currently one of the largest market capitalisations in the world and one of Splunk's major competitors.


The major partners of Splunk

Of course, Splunk doesn't only have enemies on the market and can also count on valuable allies. Here are some concrete examples of the company's recent strategic partnerships:

Google 

First of all, we're going to talk here about a strategic partnership that Splunk signed in 2020 with the Google group and more specifically with Google Cloud. The goal here is to help extract actionable information from data in order to accelerate decision making with a system offering real-time visibility into hybrid and multi-cloud environments.

Orange

Another interesting strategic partnership has been set up, this time in 2017, with the Orange Group. Indeed, Splunk has joined forces with the French giant's Orange Applications for Business business, which has entrusted it with the monitoring of its software development platform. The Orange Group has an OAB or Orange Applications for Business division which specialises in several areas of digital business transformation, customer experience, Big Data and the Internet of Things, as well as web portals and mobile applications.

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Frequently Asked Questions

What are Splunk's recent financial results?

The Splunk Group of course regularly publishes its results as well as its total market capitalisation. However, these elements are important to know before trading on the price of this stock. For example, we know that the group's total market capitalization was US$19,789 million in 2020. As regards the company's 2019 financial year, sales were US$1,803 million with a negative net result of US$337 million.

What are Splunk's latest strategic acquisitions?

In 2017, the Splunk Group made several acquisitions of technology, patents and intellectual property assets from its smaller competitor Rocana. More recently, in 2019, Splunk also acquired SignalFX, a software company specializing in the cloud, for $1.05 billion.

How to analyse the Splunk share's stock charts?

In addition to fundamental analysis, graphical analysis is an essential element of any good investment strategy on the Splunk share. You should therefore attach great importance to it by using customisable stock market graphs on which you will preferably display various indicators, including trend and volatility indicators.

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