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 :

 

To know the competition of the Splunk action :

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

 

The strategic alliances set up by the Splunk Group :

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:

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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Trade the Splunk share!
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.