![]() If Splunk stock moved by -5% over five trading days, THEN over the next twenty-one trading days Splunk stock moves an average of 2.2%, with an average 53.8% probability of a positive return over this period.Īlso, given a -5% movement for the stock over five trading days, it has historically witnessed an excess return of 0.6% compared to the S&P500 over the next 21 trading days, with an average 49.6% probability of a positive excess return. MACHINE LEARNING ENGINE – try it yourself: For additional details about Splunk historical returns, and return comparison to peers see Splunk (SPLK) Stock Return. You can test the chance of recovery over different time intervals of a quarter, month, or even just 1 day. ![]() Now, after the recent rally, will SPLK stock continue its upward trajectory over the coming weeks, or is a correction in the stock more likely? According to the Trefis Machine Learning Engine, which identifies trends in the company’s stock price using ten years of historical data, returns for Splunk stock average 2% (implying an increase in stock price from $146 to $149) in the next one-month (twenty-one trading days) period after experiencing a 6.5% rise over the previous week (five trading days).īut how would these numbers change if you are interested in holding Splunk stock for a shorter or a longer time period? You can test the answer and many other combinations on the Trefis Machine Learning Engine to test Splunk stock price forecast after a rise or fall. What symbol and exchange does Splunk stock trade Splunk trades on the NASDAQ stock market under the symbol SPLK. Does Splunk pay a dividend No, SPLK has not paid a dividend within the past 12 months. The Splunk stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. However, a jump across all expense heads, saw operating loss expand from $239 million to $344 million, with EPS dropping from -$1.64 in Q2 ’21 to -$2.34 in Q2 ’22. Be the first to know if SPLK starts issuing dividends. with SPY SPDR S&P 500 ETF side by side across multiple time-frames, technicals & financials. However, the company’s recent Q2 2022 earnings (SPLK’s fiscal year ends in January) reported in late August saw revenue rise from $492 million in Q2 ’21 to $606 million in Q2 ’22, driven primarily by a rise in cloud services revenue. Additionally, Splunk, a data analysis software company, has seen its stock lose more than 7% over the last month, dropping from $157. Investors can use this forecasting interface to forecast Splunk historical stock prices and determine the direction of Splunk Incs future trends based on various well-known forecasting models. stock (NASDAQ: SPLK) has gained almost 7% in the past week and currently trades at around $146 per share. USD 93.82 0.26 0.28 Splunk Stock Forecast is based on your current time horizon.
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