Splunk Inc, the software data analysis company is currently valued at 17.51 billion USD currently.
I estimate the intrinsic value of Splunk is 37 billion USD.
Splunk should be able to reach 37 billion USD market capitalisation on the fast adoption of search in the cloud.
Search, visualizations and insightful analysis especially in the cloud are already critical to the success of small, medium and large enterprises.
And Splunk has a pioneer, first mover advantage in cloud search, visualisations and analysis.
Cloud computing will lift most cloud stocks' boats, but Splunk's traction in cloud search and analysis, good management and brand equity should ensure Splunk outperforms in the coming cloud stocks' resurgence catalysed by the Federal Reserve stopping and ultimately reversing its Federal Funds Rate hiking cycle.
No comments:
Post a Comment