Report
John Barrett
EUR 100.00 For Business Accounts Only

Narrow-Moat Splunk's Schema on the Fly-ing Above the Competition; Raising FVE to $154

We are raising our fair value estimate for Splunk to $154 per share from $126 while changing our moat rating to narrow from none and maintaining our positive trend rating. We are upgrading our moat rating to reflect our increased confidence in Splunk’s ability to attain sustainable profitability.
In a world where machine data is growing at an exponential rate, Splunk’s platform is empowering companies to generate meaningful, real-time insights from the data in order to maintain critical operatio...
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
John Barrett

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