Everything You Need to Know About Splunk Ticker Symbol SPLK

Splunk is a powerful platform for machine learning and analytics, and its ticker symbol is SPLK. It's listed on the NASDAQ stock exchange.

Splunk's primary focus is on machine data, which can be overwhelming for many organizations. It's estimated that over 90% of data is machine-generated.

The company was founded in 2003 by Michael Baum and Rob Das, and it has since grown into a global leader in the industry.

Splunk is making waves in the tech industry with its innovative solutions. The company's platform processes data generated by IT infrastructures, applications, mobile devices, website clickstreams, social data, sensors, and more.

Splunk has been expanding its reach with strategic partnerships. For example, Commvault has expanded its cybersecurity ecosystem with Acante, Dasera, Google Cloud, Splunk, and Wiz. This partnership aims to provide enhanced security solutions for customers.

Splunk has also been making headlines with its acquisition by Cisco. The deal is valued at approximately $28 billion in equity value and is expected to be cash flow positive and gross margin accretive in the first fiscal year post-close.

Here are some recent news updates about Splunk:

Cisco Systems Inc. completed its $28 billion acquisition of Splunk Inc. much faster than expected.

Cisco's CFO Scott Herren mentioned this in an interview, highlighting the speed of the acquisition process.

The acquisition received European Union regulatory approval, allowing Cisco to proceed with the purchase.

This approval was granted after EU regulators reviewed the deal and determined that it didn't pose any competition issues.

Cisco Systems won unconditional EU antitrust approval for its $28 billion bid for Splunk, which was announced on Wednesday.

EU regulators stated that they didn't see any competition concerns with the acquisition.

A March 13 deadline was initially set for the EU antitrust regulators to decide whether to clear Cisco's $28 billion bid for Splunk.

However, it appears that the acquisition ultimately received unconditional approval.

Cisco Systems is set to secure unconditional EU antitrust approval for its $28 billion bid for Splunk, according to sources with direct knowledge of the matter.

This approval suggests that the acquisition has been largely smooth and uncontested.

Cisco's financial performance is impressive, with a revenue of $53.7 billion in 2020.

The company's net income has been steadily increasing over the years, reaching $13.4 billion in 2020.

Cisco's revenue growth is largely driven by its data center and cloud business, which saw a 15% increase in 2020.

The company's strong financial performance has enabled it to make strategic acquisitions, including its $3.7 billion purchase of Acacia Communications in 2019.

Splunk's stock ticker symbol is SPLK, and it's listed on the NASDAQ exchange. The company's mission is to make machine data accessible, usable, and valuable to everyone.

Splunk's platform processes data generated by various sources, including IT infrastructures, applications, mobile devices, and sensors. This allows organizations to harness the power of their machine data in ways previously unimagined.

The company has a strong customer base, with more than three-quarters of the Fortune 100 and thousands of enterprises, universities, government agencies, and service providers as customers.

Here are some key statistics about Splunk's stock performance:

Splunk Inc., together with its subsidiaries, develops and markets cloud services and licensed software solutions in the United States and internationally. The company offers unified security and observability platform, including Splunk Security that helps security leaders fortify their organization's digital resilience by mitigating cyber risk and meeting compliance requirements; and Splunk Observability, which provides visibility across the full stack of infrastructure, applications, and the digital customer experience.

Splunk Inc. is a pioneer in the field of making machine data accessible, usable, and valuable to everyone, with a mission to address the complex challenges of managing massive streams of machine-generated big data.

The company's platform processes data generated by IT infrastructures, applications, mobile devices, website clickstreams, social data, sensors, and more, allowing organizations to harness the power of their machine data in ways previously unimagined.

Splunk's influence in the tech industry is profound, with more than three-quarters of the Fortune 100 and thousands of enterprises, universities, government agencies, and service providers as customers.

Splunk's stock has been performing well, with a 1-year return of 74.8% and a 3-year return of 11.14%. The company's 52-week high is $156.97 and its 52-week low is $82.19.

Here is a summary of Splunk's stock performance:

The company's Snowflake Score is 2/6 for Valuation, 4/6 for Future Growth, 2/6 for Past Performance, 4/6 for Financial Health, and 0/6 for Dividends, indicating that the company's valuation is a concern, but its future growth prospects are strong.

Splk Stock Information's main competitors include companies like Splunk Inc., which offers a platform for machine-generated data and security information.

Splunk Inc. is a leader in the market with a significant market share.

Splunk's main competitor is Sumo Logic, a cloud-based machine data platform that provides real-time analytics and monitoring.

Sumo Logic has gained popularity among companies due to its ease of use and scalability.

Another competitor is Datadog, a monitoring and analytics platform that provides insights into application performance and infrastructure.