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
TargetLowAverageMedianHigh
Price$63$71$72$78
Change-0.71%+11.90%+13.48%+22.93%
* 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

RatingMar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy222221
Buy000000
Hold122222
Sell000000
Strong Sell000000
Total344443

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$80$72
HoldMaintains$80$72+13.48%Apr 21, 2025
Piper Sandler
Piper Sandler
Hold
Maintains
$74$63
HoldMaintains$74$63-0.71%Apr 21, 2025
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$82$80
HoldMaintains$82$80+26.08%Jan 21, 2025
Raymond James
Raymond James
Strong Buy
Reiterates
$74$78
Strong BuyReiterates$74$78+22.93%Jan 21, 2025
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$77$82
HoldMaintains$77$82+29.24%Dec 12, 2024
More Analyst Ratings

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%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
425.26M489.07M718.36M707.88M653.49M853.73M1.05B
Revenue Growth
-15.19%15.00%46.88%-1.46%-7.68%30.64%22.87%
EPS
3.643.475.695.424.525.386.95
EPS Growth
-27.63%-4.68%63.97%-4.73%-16.61%18.94%29.36%
Forward PE
-----11.809.12
No. Analysts
-----66
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026
High902.0M1.1B
Avg853.7M1.0B
Low798.7M1.0B

Revenue Growth

Revenue Growth20252026
High
38.0%
27.1%
Avg
30.6%
22.9%
Low
22.2%
17.6%

EPS Forecast

EPS20252026
High5.677.63
Avg5.386.95
Low4.905.66

EPS Growth

EPS Growth20252026
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.