Splunk Stock Forecast

Stock Price Forecast

The 41 analysts that cover Splunk stock have a consensus rating of "Buy" and an average price target of $221.2, which forecasts a 7.89% increase in the stock price over the next year. The lowest target is $121 and the highest is $265.

Price Target: $221.20 (+7.89%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$121	$221.2	$225	$265
Change	-40.98%	+7.89%	+9.75%	+29.26%

Analyst Ratings

The average analyst rating for Splunk stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	14	14	14	15	15	15
Buy	19	20	20	20	21	21
Hold	8	9	9	7	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	41	43	43	42	43	43

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joe Goodwin JMP Securities	JMP Securities	Buy Maintains $245 → $260	Buy	Maintains	$245 → $260	+26.82%	Jul 18, 2025
Brett Huff Stephens & Co.	Stephens & Co.	Buy Initiates $261	Buy	Initiates	$261	+27.30%	Jul 18, 2025
Sanjit Singh Morgan Stanley	Morgan Stanley	Buy Initiates $262	Buy	Initiates	$262	+27.79%	Jun 24, 2025
Michael Turrin Wells Fargo	Wells Fargo	Buy Maintains $225 → $250	Buy	Maintains	$225 → $250	+21.94%	Jun 13, 2025
Brent Thill Jefferies	Jefferies	Strong Buy Maintains $220 → $250	Strong Buy	Maintains	$220 → $250	+21.94%	Jun 9, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.62B

from 3.63B

27.32%

from 3.63B

Revenue Next Year

5.68B

from 4.62B

22.98%

from 4.62B

EPS This Year

1.12

from -3.86

EPS Next Year

1.59

from 1.12

41.83%

from 1.12

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Jan 31, 2021	Jan 31, 2022	Jan 31, 2023	Jan 31, 2024	Jan 31, 2025	Jan 31, 2026	Jan 31, 2027	Jan 31, 2028
Revenue	592.05M	1.22B	2.07B	2.81B	3.63B	4.62B	5.68B	7.00B
Revenue Growth	123.63%	105.95%	69.41%	35.86%	29.22%	27.32%	22.98%	23.32%
EPS	-3.81	-2.26	-2.50	-2.55	-3.86	1.12	1.59	2.30
EPS Growth	-	-	-	-	-	-	41.83%	44.83%
Forward PE	-	-	-	-	-	183.28	129.22	89.22
No. Analysts	-	-	-	-	-	52	52	24

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	4.9B	6.3B	8.2B
Avg	4.6B	5.7B	7.0B
Low	4.4B	5.3B	6.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	34.2%	36.2%	43.9%
Avg	27.3%	23.0%	23.3%
Low	20.8%	15.0%	10.9%

EPS Forecast

EPS	2026	2027	2028
High	1.43	2.39	2.98
Avg	1.12	1.59	2.30
Low	0.87	1.12	1.74

EPS Growth

EPS Growth	2026	2027	2028
High	-	114.0%	88.1%
Avg	-	41.8%	44.8%
Low	-	-0.1%	9.9%

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.