SUMO LOGIC INC (SUMO) Stock Price, Forecast & Analysis

NASDAQ:SUMO • US86646P1030

12.04 USD
-0.01 (-0.08%)
At close: May 11, 2023
12.04 USD
0 (0%)
After Hours: 5/11/2023, 8:13:18 PM

SUMO Key Statistics, Chart & Performance

Key Statistics
Market Cap1.49B
Revenue(TTM)300.67M
Net Income(TTM)-124.81M
Shares124.09M
Float101.19M
52 Week High12.6
52 Week Low6.43
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)-0.3
PEN/A
Fwd PEN/A
Earnings (Next)05-24
IPO2020-09-16
Sector
GICS IndustrySoftware
GICS IndustryGroupSoftware & Services
GICS SubIndustryApplication Software
SUMO short term performance overview.The bars show the price performance of SUMO in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 10 20 30 40 50

SUMO long term performance overview.The bars show the price performance of SUMO in the last 1, 2 and 3 years. 1 year 2 years 3 years 10 20 30 40

The current stock price of SUMO is 12.04 USD. In the past month the price increased by 0.25%. In the past year, price increased by 49.57%.

SUMO LOGIC INC / SUMO Daily stock chart

SUMO Technical Analysis

ChartMill assigns a technical rating of 7 / 10 to SUMO. When comparing the yearly performance of all stocks, SUMO is one of the better performing stocks in the market, outperforming 93.26% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating
SUMO Full Technical Analysis Report

SUMO Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to SUMO. While SUMO seems to be doing ok healthwise, there are quite some concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend
SUMO Full Fundamental Analysis Report

SUMO Financial Highlights

Over the last trailing twelve months SUMO reported a non-GAAP Earnings per Share(EPS) of -0.3. The EPS increased by 36.17% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA N/A
ROE N/A
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%76.92%
Sales Q2Q%18.95%
EPS 1Y (TTM)36.17%
Revenue 1Y (TTM)24.18%
SUMO financials

SUMO Forecast & Estimates

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.

For the next year, analysts expect an EPS growth of 34.72% and a revenue growth 15.38% for SUMO


Analysts
Analysts74.55
Price Target12.29 (2.08%)
EPS Next Y34.72%
Revenue Next Year15.38%
SUMO Analyst EstimatesSUMO Analyst Ratings

SUMO Ownership

Ownership
Inst Owners0.51%
Ins Owners0.61%
Short Float %N/A
Short RatioN/A
SUMO Ownership

SUMO Competitors/Peers

The largest stocks on the US markets in the "Application Software" sub-industry
Full List
SymbolCompany NameTechnical RatingFundamental RatingFPEMarket Cap
PLTR PALANTIR TECHNOLOGIES INC-A117.73313.075B
CRM SALESFORCE INC14.31177.768B
APP APPLOVIN CORP-CLASS A26.53131.986B
INTU INTUIT INC14.78111.141B
ADBE ADOBE INC11.02108.36B
SNPS SYNOPSYS INC29.8183.624B
CDNS CADENCE DESIGN SYS INC36.4681.513B
ADSK AUTODESK INC19.5249.019B
DDOG DATADOG INC - CLASS A51.9243.904B
MSTR STRATEGY INC3.5642.816B

About SUMO

Company Profile

SUMO logo image Sumo Logic, Inc. engages in the provision and development of continuous intelligence software platform. The company is headquartered in Redwood City, California and currently employs 983 full-time employees. The company went IPO on 2020-09-16. Its Continuous Intelligence Platform helps practitioners and developers ensure application reliability, secure and protect against modern security threats, and gain insights into their cloud infrastructures. Its Continuous Intelligence platform provides real-time, machine data analytics and insights across observability and security solutions. Its observability solution combines cloud native log analytics, monitoring, application performance management, and tracing, and real user monitoring, capabilities. The company also offers cloud application infrastructure monitoring and troubleshooting capabilities. Its security solution helps developers, security analysts, and security operation centers detect threats, perform security analysis and forensics, and automate security responses to remediate against those threats for their cloud applications.

Company Info

SUMO LOGIC INC

855 Main Street, Suite 100

Redwood City CALIFORNIA 94063 US

CEO: Ramin Sayar

Employees: 983

SUMO Company Website

Phone: 16506708002.0

SUMO LOGIC INC / SUMO FAQ

What does SUMO LOGIC INC do?

Sumo Logic, Inc. engages in the provision and development of continuous intelligence software platform. The company is headquartered in Redwood City, California and currently employs 983 full-time employees. The company went IPO on 2020-09-16. Its Continuous Intelligence Platform helps practitioners and developers ensure application reliability, secure and protect against modern security threats, and gain insights into their cloud infrastructures. Its Continuous Intelligence platform provides real-time, machine data analytics and insights across observability and security solutions. Its observability solution combines cloud native log analytics, monitoring, application performance management, and tracing, and real user monitoring, capabilities. The company also offers cloud application infrastructure monitoring and troubleshooting capabilities. Its security solution helps developers, security analysts, and security operation centers detect threats, perform security analysis and forensics, and automate security responses to remediate against those threats for their cloud applications.


What is the stock price of SUMO LOGIC INC today?

The current stock price of SUMO is 12.04 USD. The price decreased by -0.08% in the last trading session.


Does SUMO stock pay dividends?

SUMO does not pay a dividend.


What is the ChartMill technical and fundamental rating of SUMO stock?

SUMO has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 4 out of 10.


What do analysts say about 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.


What sector and industry does SUMO LOGIC INC belong to?

SUMO LOGIC INC (SUMO) operates in the Information Technology sector and the Software industry.


Would investing in SUMO LOGIC INC be a good decision?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on SUMO.