Riot Platforms, Inc. (RIOT)
NASDAQ: RIOT · Real-Time Price · USD
11.03
-2.38 (-17.75%)
At close: Aug 1, 2025, 4:00 PM
11.12
+0.09 (0.82%)
After-hours: Aug 1, 2025, 7:59 PM EDT
Splunk Stock Forecast
Stock Price Forecast
The 8 analysts that cover Splunk stock have a consensus rating of "Strong Buy" and an average price target of $17.06, which forecasts a 54.67% increase in the stock price over the next year. The lowest target is $13 and the highest is $21.
Price Target: $17.06 (+54.67%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Splunk stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Buy | 7 | 7 | 5 | 5 | 5 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 11 | 11 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy → Hold Downgrades $14 → $15 | Buy → Hold | Downgrades | $14 → $15 | +35.99% | Jul 28, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $18 | Buy | Maintains | $18 | +63.19% | Jul 21, 2025 |
| Needham | Needham | Strong Buy Maintains $12 → $15 | Strong Buy | Maintains | $12 → $15 | +35.99% | Jun 17, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +26.93% | Jun 13, 2025 |
| Needham | Needham | Strong Buy Maintains $14 → $12 | Strong Buy | Maintains | $14 → $12 | +8.79% | May 2, 2025 |
Financial Forecast
Revenue This Year
670.76M
from 376.66M
Increased by 78.08%
Revenue Next Year
756.09M
from 670.76M
Increased by 12.72%
EPS This Year
-1.17
from 0.34
EPS Next Year
-0.50
from -1.17
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 787.7M | 1.1B | 1.6B | ||
| Avg | 670.8M | 756.1M | 947.9M | ||
| Low | 592.1M | 579.1M | 489.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 109.1% | 59.1% | 110.3% | ||
| Avg | 78.1% | 12.7% | 25.4% | ||
| Low | 57.2% | -13.7% | -35.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.29 | 0.44 | 1.58 |
| Avg | -1.17 | -0.50 | 0.14 |
| Low | -1.75 | -1.00 | -0.43 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -14.6% | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.