Report
Rodney Nelson
EUR 147.86 For Business Accounts Only

Splunk’s Analyst Day Highlights Long-Term Opportunity, Near-Term Hurdles as Subscriptions Take Hold

We came away from Splunk’s analyst day with renewed conviction in our long-term investment thesis, as we believe the company will continue to have success in selling its highly versatile analytics platform across multiple use cases to a broad swath of enterprises. Still, evolving customer preferences and the unique effects Splunk will feel from the ASC 606 standard for revenue recognition create the potential for volatile results over the next few years. All in, we believe our forecasts account ...
Underlying
Splunk Inc.

Splunk provides software solutions that enable users to investigate, monitor, analyze and act on machine data. The company's main product is Splunk Enterprise, a machine data platform, comprised of collection, indexing, search, reporting, analysis, alerting, monitoring and data management capabilities. The company's Splunk Cloud delivers the capabilities of Splunk Enterprise as a service, while Splunk Light provides log search and analysis for information technology environments. The company also provides services that include maintenance and customer support, training services to its customers and channel partners, as well as consulting and implementation services to customers through its services team.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Rodney Nelson

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