|Bid||151.15 x 800|
|Ask||152.13 x 1400|
|Day's range||150.23 - 153.50|
|52-week range||110.28 - 222.19|
|Beta (5Y monthly)||1.22|
|PE ratio (TTM)||N/A|
|Earnings date||30 Nov 2021 - 06 Dec 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||178.74|
These companies are benefiting from solid secular tailwinds, and their shares are still trading for cheap.
SAN FRANCISCO, September 14, 2021--Splunk Inc. (NASDAQ: SPLK), provider of the Data-to-Everything Platform, today unveiled its State of Data Innovation report, which reveals a remarkable achievement gap between organizations with mature data practices versus data-innovation beginners. On average, data innovators release twice as many products and increase employee productivity at double the rate of organizations with less mature data strategies.
"Software is eating the world," said noted venture capitalist Marc Andreessen back in 2011. Judging by the booming revenue growth and stock market appreciation of many software stocks over the past decade, he was most certainly right. Well, several older software players are currently going through business model changes.