Acquisition Potential Cisco's recent acquisition of Splunk presents cross-selling and integration opportunities, indicating a favorable environment for sales collaborations between the two entities.
Market Outperformance Despite its stock slightly underperforming, Splunk's focus on network recovery and AI innovation positions it for growth, making it an attractive target for technology solutions up-selling.
Undervalued Stock Cisco's stock being undervalued at $46 offers a potential entry point for clients seeking cost-effective yet advanced software solutions like the ones offered by Splunk.
Revenue Growth Opportunities Splunk's advanced digital resilience and AI innovation showcased at its annual user conference opens avenues for sales growth through the demonstration of its effective security and observability platform.
Competitive Analysis Comparison with similar companies like Datadog and Dynatrace, both with revenues of $1B, reveals Splunk's potential market size, indicating a substantial market to target for product expansion and adoption.