Splunk (SPLK) is having a good day after a strong earnings report. It’s been discussed here quite a bit in the past and interested readers can refer back to these posts if they are unfamiliar with the company.
They beat on earnings and revenues (up 39% overall, up 43% in software) and raised guidance.
https://finance.yahoo.com/news/splunk-inc-announces-fiscal-s…
They just received an upgrade with 30% upside on top of the jump today.
https://seekingalpha.com/news/3385567-needham-boosts-splunk-…
I’ve continued to hold shares and I’m pleased to see that it has just now more than doubled in the past year. The sentiment here in the past still seemed positive on SPLK but doubtful about its short term potential.
I’m curious what others here think of SPLK at this time.
dave