Independent Bank Corp. (INDB)
NASDAQ: INDB · Real-Time Price · USD
63.45
+0.30 (0.48%)
Aug 8, 2025, 11:36 AM - Market open
Sumo Logic Stock Forecast
Stock Price Forecast
The 3 analysts that cover Sumo Logic stock have a consensus rating of "Buy" and an average price target of $71, which forecasts a 11.90% increase in the stock price over the next year. The lowest target is $63 and the highest is $78.
Price Target: $71 (+11.90%)
Analyst Consensus: Buy
* Price targets were last updated on Apr 21, 2025.
Analyst Ratings
The average analyst rating for Sumo Logic stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 1 | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $80 → $72 | Hold | Maintains | $80 → $72 | +13.48% | Apr 21, 2025 |
Piper Sandler | Piper Sandler | Hold Maintains $74 → $63 | Hold | Maintains | $74 → $63 | -0.71% | Apr 21, 2025 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $82 → $80 | Hold | Maintains | $82 → $80 | +26.08% | Jan 21, 2025 |
Raymond James | Raymond James | Strong Buy Reiterates $74 → $78 | Strong Buy | Reiterates | $74 → $78 | +22.93% | Jan 21, 2025 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $77 → $82 | Hold | Maintains | $77 → $82 | +29.24% | Dec 12, 2024 |
Financial Forecast
Revenue This Year
853.73M
from 653.49M
Increased by 30.64%
Revenue Next Year
1.05B
from 853.73M
Increased by 22.87%
EPS This Year
5.38
from 4.52
Increased by 18.94%
EPS Next Year
6.95
from 5.38
Increased by 29.36%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
Revenue | 2025 | 2026 |
---|---|---|
High | 902.0M | 1.1B |
Avg | 853.7M | 1.0B |
Low | 798.7M | 1.0B |
Revenue Growth
Revenue Growth | 2025 | 2026 |
---|---|---|
High | 38.0% | 27.1% |
Avg | 30.6% | 22.9% |
Low | 22.2% | 17.6% |
EPS Forecast
EPS | 2025 | 2026 |
---|---|---|
High | 5.67 | 7.63 |
Avg | 5.38 | 6.95 |
Low | 4.90 | 5.66 |
EPS Growth
EPS Growth | 2025 | 2026 |
---|---|---|
High | 25.5% | 42.0% |
Avg | 18.9% | 29.4% |
Low | 8.4% | 5.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.