NASDAQ:SUMO - Sumo Logic Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $15.06
  • Forecasted Upside: 77.41 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$8.49
▲ +0.78 (10.12%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Sumo Logic Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for SUMO and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for SUMO

Analyst Price Target is $15.06
▲ +77.41% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Sumo Logic in the last 3 months. The average price target is $15.06, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 77.41% upside from the last price of $8.49.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 7 investment analysts is to hold stock in Sumo Logic.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
12/4/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
3/4/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
6/2/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
8/31/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/29/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
2/27/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/28/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
5/28/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/27/2022CowenLower Price Target$13.00Low
5/27/2022Piper SandlerLower Price Target$12.50 ➝ $10.00Medium
5/23/2022Jefferies Financial GroupLower Price Target$12.00 ➝ $8.50Low
5/23/2022Royal Bank of CanadaLower Price Target$17.00 ➝ $14.00Low
5/19/2022Morgan StanleyLower Price TargetEqual Weight$15.00 ➝ $11.00Medium
3/9/2022Royal Bank of CanadaLower Price TargetOutperform$19.00 ➝ $17.00Medium
3/9/2022Rosenblatt SecuritiesLower Price TargetBuy$27.00 ➝ $21.00Medium
3/9/2022Piper SandlerLower Price TargetNeutral$15.00 ➝ $12.50Low
2/23/2022Morgan StanleyLower Price TargetEqual Weight$20.00 ➝ $15.00Medium
1/6/2022Jefferies Financial GroupLower Price TargetHold ➝ Hold$16.00 ➝ $14.00Medium
1/6/2022Piper SandlerLower Price Target$16.00 ➝ $15.00High
12/10/2021Berenberg BankDowngradeBuy ➝ Hold$16.00Medium
12/7/2021Rosenblatt SecuritiesLower Price TargetBuy$35.00 ➝ $27.00Medium
12/7/2021Morgan StanleyLower Price TargetEqual Weight$22.00 ➝ $20.00High
12/7/2021Royal Bank of CanadaLower Price TargetOutperform ➝ Outperform$25.00 ➝ $22.00High
12/7/2021Piper SandlerLower Price TargetNeutral$20.00 ➝ $16.00High
9/10/2021BTIG ResearchDowngradeBuy ➝ NeutralHigh
9/10/2021Piper SandlerDowngradeOverweight ➝ Neutral$24.00 ➝ $20.00High
6/4/2021Rosenblatt SecuritiesLower Price TargetBuy$44.00 ➝ $35.00High
6/4/2021Royal Bank of CanadaLower Price TargetOutperform$30.00 ➝ $25.00High
6/4/2021BTIG ResearchLower Price TargetBuy$35.00 ➝ $27.00High
6/4/2021Piper SandlerBoost Price TargetIn-Line ➝ Overweight$24.00 ➝ $33.00High
5/25/2021Morgan StanleyLower Price TargetEqual Weight$26.00 ➝ $22.00Medium
5/18/2021Jefferies Financial GroupLower Price TargetPositive ➝ Hold$27.00 ➝ $19.00High
3/17/2021BTIG ResearchLower Price TargetBuy$42.00 ➝ $35.00N/A
3/11/2021Morgan StanleyLower Price TargetEqual Weight$28.00 ➝ $26.00High
3/11/2021Rosenblatt SecuritiesLower Price TargetBuy$46.00 ➝ $44.00High
3/11/2021CowenLower Price TargetOutperform$35.00 ➝ $32.00High
2/10/2021Rosenblatt SecuritiesInitiated CoverageBuyLow
1/5/2021Piper SandlerBoost Price TargetOverweight$31.00 ➝ $33.00N/A
12/8/2020BTIG ResearchBoost Price TargetBuy$29.00 ➝ $34.00High
12/8/2020Morgan StanleyBoost Price 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 5/28/2017 forward)

News Sentiment Rating

-0.02 (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
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/30/2021
  • 2 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/29/2021
  • 8 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/29/2021
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/28/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
2/27/2022
  • 3 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/29/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/28/2022
  • 3 very positive mentions
  • 11 positive mentions
  • 4 negative mentions
  • 3 very negative mentions
5/28/2022

Current Sentiment

  • 3 very positive mentions
  • 11 positive mentions
  • 4 negative mentions
  • 3 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.
Read More

Today's Range

Now: $8.49
Low: $8.06
High: $8.68

50 Day Range

MA: $9.72
Low: $7.13
High: $12.25

52 Week Range

Now: $8.49
Low: $6.87
High: $23.48

Volume

2,056,217 shs

Average Volume

1,200,637 shs

Market Capitalization

$968.69 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.27

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, BTIG Research, Cowen Inc., Jefferies Financial Group Inc., Morgan Stanley, Piper Sandler, Rosenblatt Securities, Royal Bank of Canada, and Zacks Investment Research.
View the latest analyst ratings for SUMO.

What is the current price target for Sumo Logic?

0 Wall Street analysts have set twelve-month price targets for Sumo Logic in the last year. Their average twelve-month price target is $15.06, suggesting a possible upside of 77.4%.
View the latest price targets for SUMO.

What is the current consensus analyst rating for Sumo Logic?

Sumo Logic currently has 5 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.