• Consensus Rating: Hold
  • Consensus Price Target: $12.93
  • Forecasted Upside: 66.18 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$7.78
▼ -0.16 (-2.02%)

This chart shows the closing price for SUMO by one month, three months, or twelve months.

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Analyst Price Target for SUMO

Analyst Price Target is $12.93
▲ +66.18% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Sumo Logic in the last 3 months. The average price target is $12.93, with a high forecast of $21.00 and a low forecast of $8.00. The average price target represents a 66.18% upside from the last price of $7.78.

This chart shows the closing price for SUMO for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 6 contributing investment analysts is to hold stock in Sumo Logic. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
6/12/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
9/10/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/9/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
3/9/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
6/7/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
9/5/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/4/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/4/2022

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/21/2022Morgan StanleyLower TargetEqual Weight$11.00 ➝ $10.00Low
8/26/2022Morgan StanleyBoost TargetEqual Weight$10.00 ➝ $11.00Low
8/15/2022Morgan StanleyLower TargetEqual Weight$11.00 ➝ $10.00Low
7/13/2022Piper SandlerLower Target$10.00 ➝ $8.00N/A
5/27/2022CowenLower Target$13.00Low
5/27/2022Piper SandlerLower Target$12.50 ➝ $10.00Medium
5/23/2022Jefferies Financial GroupLower Target$12.00 ➝ $8.50Low
5/23/2022Royal Bank of CanadaLower Target$17.00 ➝ $14.00Low
5/19/2022Morgan StanleyLower TargetEqual Weight$15.00 ➝ $11.00Medium
3/9/2022Royal Bank of CanadaLower TargetOutperform$19.00 ➝ $17.00Medium
3/9/2022Rosenblatt SecuritiesLower TargetBuy$27.00 ➝ $21.00Medium
3/9/2022Piper SandlerLower TargetNeutral$15.00 ➝ $12.50Low
2/23/2022Morgan StanleyLower TargetEqual Weight$20.00 ➝ $15.00Medium
1/6/2022Jefferies Financial GroupLower TargetHold ➝ Hold$16.00 ➝ $14.00Medium
1/6/2022Piper SandlerLower Target$16.00 ➝ $15.00High
12/10/2021Berenberg BankDowngradeBuy ➝ Hold$16.00Medium
12/7/2021Rosenblatt SecuritiesLower TargetBuy$35.00 ➝ $27.00Medium
12/7/2021Morgan StanleyLower TargetEqual Weight$22.00 ➝ $20.00High
12/7/2021Royal Bank of CanadaLower TargetOutperform ➝ Outperform$25.00 ➝ $22.00High
12/7/2021Piper SandlerLower TargetNeutral$20.00 ➝ $16.00High
9/10/2021BTIG ResearchDowngradeBuy ➝ NeutralHigh
9/10/2021Piper SandlerDowngradeOverweight ➝ Neutral$24.00 ➝ $20.00High
6/4/2021Rosenblatt SecuritiesLower TargetBuy$44.00 ➝ $35.00High
6/4/2021Royal Bank of CanadaLower TargetOutperform$30.00 ➝ $25.00High
6/4/2021BTIG ResearchLower TargetBuy$35.00 ➝ $27.00High
6/4/2021Piper SandlerBoost TargetIn-Line ➝ Overweight$24.00 ➝ $33.00High
5/25/2021Morgan StanleyLower TargetEqual Weight$26.00 ➝ $22.00Medium
5/18/2021Jefferies Financial GroupLower TargetPositive ➝ Hold$27.00 ➝ $19.00High
3/17/2021BTIG ResearchLower TargetBuy$42.00 ➝ $35.00N/A
3/11/2021Morgan StanleyLower TargetEqual Weight$28.00 ➝ $26.00High
3/11/2021Rosenblatt SecuritiesLower TargetBuy$46.00 ➝ $44.00High
3/11/2021CowenLower TargetOutperform$35.00 ➝ $32.00High
2/10/2021Rosenblatt SecuritiesInitiated CoverageBuyLow
1/5/2021Piper SandlerBoost TargetOverweight$31.00 ➝ $33.00N/A
12/8/2020BTIG ResearchBoost TargetBuy$29.00 ➝ $34.00High
12/8/2020Morgan StanleyBoost TargetEqual Weight$26.00 ➝ $28.00High
11/17/2020Berenberg BankInitiated CoverageBuyHigh
10/12/2020William BlairInitiated CoverageOutperformHigh
10/12/2020Morgan StanleyInitiated CoverageEqual Weight$26.00High
10/12/2020BTIG ResearchInitiated CoverageBuy$29.00High
10/12/2020CowenInitiated CoverageOutperform$31.00High
10/12/2020Piper SandlerInitiated CoverageOverweight$31.00High
10/12/2020JPMorgan Chase & Co.Initiated CoverageNeutral$24.00High
10/12/2020Royal Bank of CanadaInitiated CoverageOutperform$30.00High
10/12/2020Jefferies Financial GroupInitiated CoverageHold$27.00High
(Data available from 12/4/2017 forward)

News Sentiment Rating

0.47 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/8/2022
  • 4 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 3 very negative mentions
6/7/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
7/7/2022
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/6/2022
  • 5 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
9/5/2022
  • 9 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/5/2022
  • 6 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/4/2022
  • 4 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
12/4/2022

Current Sentiment

  • 4 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Sumo Logic logo
Sumo Logic, Inc. provides cloud-native software-as-a-service platform that enables organizations to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing worldwide. It offers Continuous Intelligence Platform, a cloud-native, multi-tenant, and secure service that leverages to enable reliability and security of cloud applications and workloads. The company also provides observability solution, an out-of-the-box solution for managing their application reliability for cloud applications; and security solution that helps developers, security analysts, and security operation centers that detect threats, perform security analysis and forensics, and automate security responses to remediate against those threats for cloud applications. The company was incorporated in 2010 and is headquartered in Redwood City, California.
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Today's Range

Now: $7.78
Low: $7.67
High: $7.97

50 Day Range

MA: $7.40
Low: $6.60
High: $8.21

52 Week Range

Now: $7.78
Low: $6.43
High: $16.44

Volume

772,577 shs

Average Volume

709,956 shs

Market Capitalization

$922.32 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.2

Frequently Asked Questions

What sell-side analysts currently cover shares of Sumo Logic?

The following Wall Street analysts have issued stock ratings on Sumo Logic in the last year: Berenberg Bank, Cowen Inc., Jefferies Financial Group Inc., Morgan Stanley, Piper Sandler, Rosenblatt Securities, and Royal Bank of Canada.
View the latest analyst ratings for SUMO.

What is the current price target for Sumo Logic?

7 Wall Street analysts have set twelve-month price targets for Sumo Logic in the last year. Their average twelve-month price target is $12.93, suggesting a possible upside of 66.2%. Rosenblatt Securities has the highest price target set, predicting SUMO will reach $21.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $8.00 for Sumo Logic in the next year.
View the latest price targets for SUMO.

What is the current consensus analyst rating for Sumo Logic?

Sumo Logic currently has 4 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SUMO, but not buy more shares or sell existing shares.
View the latest ratings for SUMO.

What other companies compete with Sumo Logic?

How do I contact Sumo Logic's investor relations team?

Sumo Logic's physical mailing address is 305 MAIN STREET, REDWOOD CITY CA, 94063. The company's listed phone number is 650-810-8700 and its investor relations email address is [email protected] The official website for Sumo Logic is www.sumologic.com. Learn More about contacing Sumo Logic investor relations.