Sumo Logic, Inc. (SUMO)

Market Cap	1.49B
Revenue (ttm)	300.67M
Net Income (ttm)	-124.82M
Shares Out	124.09M
EPS (ttm)	-1.06
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	5,262,677
Open	12.04
Previous Close	12.04
Day's Range	12.04 - 12.05
52-Week Range	6.43 - 12.60
Beta	1.30
Analysts	Hold
Price Target	11.00 (-8.64%)
Earnings Date	May 25, 2023

About SUMO

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 applicatio...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Sep 17, 2020
• Employees: 983
• Stock Exchange: NASDAQ
• Ticker Symbol: SUMO
• Website: https://www.sumologic.com

Financial Performance

In 2023, Sumo Logic's revenue was $300.67 million, an increase of 24.18% compared to the previous year's $242.13 million. Losses were -$124.82 million, 1.18% more than in 2022.

Analyst Forecast

According to 4 analysts, the average rating for SUMO stock is "Hold." The 12-month stock price forecast is $11.0, which is a decrease of -8.64% from the latest price.

Price Target

$11.0

(-8.64% downside)

Analyst Consensus: Hold