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SUMO LOGIC INC (SUMO) Stock Analyst Ratings

USA - Nasdaq - NASDAQ:SUMO - US86646P1030 - Common Stock

12.04 USD
-0.01 (-0.08%)
Last: 5/11/2023, 8:13:18 PM
12.04 USD
0 (0%)
After Hours: 5/11/2023, 8:13:18 PM
Buy % Consensus

75

ChartMill assigns a Buy % Consensus number of 75% to SUMO. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 12.29. This target is 2.08% above the current price.
SUMO was analyzed by 11 analysts. The buy percentage consensus is at 75. So analysts seem to be have mildly positive about SUMO.
In the previous month the buy percentage consensus was at a similar level.
SUMO was analyzed by 11 analysts, which is quite many. So the average rating should be quite meaningful.

Related screens

SUMO Historical Analyst RatingsSUMO Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -31 -28 -25 -22 -19 -16 -13 -10 -7 -4 -1 5 10 15

Price Target & Forecast

Price Low Median Mean High 12.0412.1712.2912.2912.65 - 1.08% 2.08% 2.08% 5.09%

Related screens

SUMO Current Analyst RatingSUMO Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4
Up and Down Grades
Date Firm Action Rating
2023-02-15 Cowen & Co. Downgrade Outperform -> Market Perform
2023-02-10 RBC Capital Downgrade Outperform -> Sector Perform
2023-01-24 Jefferies Maintains Hold
2022-12-19 Morgan Stanley Maintains Equal-Weight
2022-12-06 Morgan Stanley Maintains Equal-Weight
2022-11-21 Morgan Stanley Maintains Equal-Weight
2022-08-26 Morgan Stanley Maintains Equal-Weight
2022-08-15 Morgan Stanley Maintains Equal-Weight
2022-05-23 RBC Capital Maintains Outperform
2022-05-23 Jefferies Maintains Hold
2022-05-19 Morgan Stanley Maintains Equal-Weight
2022-03-09 RBC Capital Maintains Outperform
2022-03-09 Rosenblatt Maintains Buy
2022-03-09 Piper Sandler Maintains Neutral
2022-02-23 Morgan Stanley Maintains Equal-Weight
2021-12-10 Berenberg Downgrade Buy -> Hold
2021-12-07 RBC Capital Maintains Outperform
2021-12-07 Rosenblatt Maintains Buy
2021-12-07 Morgan Stanley Maintains Equal-Weight
2021-09-10 BTIG Downgrade Buy -> Neutral
2021-09-10 Piper Sandler Downgrade Overweight -> Neutral
2021-06-04 RBC Capital Maintains Outperform
2021-06-04 Rosenblatt Maintains Buy
2021-05-25 Morgan Stanley Maintains Equal-Weight
2021-03-11 BTIG Maintains Buy
2021-03-11 Rosenblatt Maintains Buy
2021-03-11 Morgan Stanley Maintains Equal-Weight
2021-02-11 Rosenblatt Initiate Buy

SUMO LOGIC INC / SUMO FAQ

What is the average price target for SUMO LOGIC INC (SUMO) stock?

11 analysts have analysed SUMO and the average price target is 12.29 USD. This implies a price increase of 2.08% is expected in the next year compared to the current price of 12.04.


Can you provide the consensus rating for SUMO LOGIC INC stock?

The consensus rating for SUMO LOGIC INC (SUMO) is 74.5455 / 100 . This indicates that analysts generally have a positive outlook on the stock.