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Sumo Logic, Inc. (SUMO)

Stock Price: $30.09 USD -2.75 (-8.37%)
Updated Feb 25, 2021 4:00 PM EST - Market closed
After-hours: $29.75 -0.34 (-1.13%) Feb 25, 7:49 PM
Market Cap 3.15B
Revenue (ttm) 192.80M
Net Income (ttm) -94.22M
Shares Out 55.82M
EPS (ttm) -1.69
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day February 25
Last Price $30.09
Previous Close $32.84
Change ($) -2.75
Change (%) -8.37%
Day's Open 33.10
Day's Range 29.51 - 34.16
Day's Volume 741,124
52-Week Range 16.71 - 46.37

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GlobeNewsWire - 1 week ago

New Companies Using Sumo Logic Across Security and Operations for Data-driven Business Decisions Including Currencycloud, MoonPay, Paidy, Snoop and More New Companies Using Sumo Logic Across S...

InvestorPlace - 1 week ago

Valuations are not cheap. But here are some hot stocks that still look interesting and poised for more gains.

Other stocks mentioned: ASAN, AZPN, BB, DT, EBAY, ZI
GlobeNewsWire - 1 week ago

REDWOOD CITY, Calif., Feb. 12, 2021 (GLOBE NEWSWIRE) -- Sumo Logic , (Nasdaq: SUMO) the pioneer in c ontinuous intelligence , today announced that it will report financial results for the four...

24/7 Wall Street - 2 weeks ago

With the trading day more than halfway over, the broad markets were trading sideways on Thursday.

Other stocks mentioned: CSCO, LYFT, UBER, VMW, CCJ, IRBT, MELI, PACB, PCRX
GlobeNewsWire - 2 weeks ago

Sumo Logic Certification Jam Days to Take Place Feb. 10-11 to Help Users Harness the Power of the Sumo Logic Continuous Intelligence Platform™ Sumo Logic Certification Jam Days to Take Place F...

GlobeNewsWire - 3 weeks ago

Sumo Logic's FedRAMP-Moderate Authorized Continuous Intelligence Platform™ Expands the Ability to Deliver Real-time Analytics to the Public Sector

Seeking Alpha - 3 weeks ago

Near-term catalyst is overly conservative revenue growth guidance by management for the 4th quarter. And no more than this guidance is currently priced in. Intermediate-term drivers are macro-...

Seeking Alpha - 1 month ago

Sumo Logic is extending the capabilities of its cloud platform to unlock more monetizable market opportunities. The growth story is also benefiting from favorable tech trends.

GlobeNewsWire - 2 months ago

Company to Host Fireside Chat with Redmonk's James Governor on the Art of Observability and How to Implement an Observability Strategy

Seeking Alpha - 2 months ago

Sumo Logic, Inc. (SUMO) CEO Ramin Sayar on Q3 2021 Results - Earnings Call Transcript

Pulse2 - 2 months ago

Sumo Logic Inc (NASDAQ: SUMO) has received a price target increase from $29 to $34 by BTIG. These are the details.

The Motley Fool - 2 months ago

Analysts weigh in on the data analytics specialist's quarterly results.

CNBC Television - 2 months ago

Sumo Logic CEO the company's Q3 earnings results

Sumo Logic president and CEO Ramin Sayar joins 'Squawk Alley' to discuss the company's first earnings report since its IPO and the future outlook for the company.

The Motley Fool - 2 months ago

Rumors of a huge buyout in the cloud computing sector lifted the share prices of many other companies in that industry last month. That big deal just might start an avalanche of consolidation,...

Other stocks mentioned: CRM, IBM, MDB, ORCL, WORK
The Motley Fool - 2 months ago

Better-than-expected Q3 results and annual guidance were apparently not good enough for investors.

InvestorPlace - 2 months ago

Thanks to robust Intelligence Economy tailwinds, SUMO stock is a long-term winner worth buying on near-term weakness. The post Buy the Earnings Dip in Sumo Logic Stock appeared first on Invest...

Market Watch - 2 months ago

Sumo Logic Inc. SUMO shares fell Monday after the data analysis company reported its first results as a public company. At last check, Sumo shares dropped 16% to $25.31 at last check, after to...

GlobeNewsWire - 2 months ago

Third quarter revenue grew 28% year-over-year to $51.9 million Raised $342.7 million through initial public offering

GlobeNewsWire - 2 months ago

New Addition to Help Company Navigate Next Phase of Global Expansion and Growth as Continuous Intelligence Category Leader New Addition to Help Company Navigate Next Phase of Global Expansion ...

Benzinga - 2 months ago

Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. We surveye...

Other stocks mentioned: DDOG
InvestorPlace - 2 months ago

Machine learning is one of the most promising corners of technology. And here's how investors can benefit.

Other stocks mentioned: AYX, DOCU, GOOG, GOOGL, IBM, MSFT, PLTR
Seeking Alpha - 3 months ago

Recently IPOed and already fallen from grace. However, once we go through its opportunity, we start to better understand the reason for its lackluster performance.

GlobeNewsWire - 3 months ago

New Integration with Sumo Logic Cloud SIEM Delivers Real-Time Insights of AWS-Native Network Traffic and Automated Correlation of Threats Surfaced by AWS Network Firewall New Integration with ...

GlobeNewsWire - 3 months ago

REDWOOD CITY, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Sumo Logic , (Nasdaq: SUMO) the pioneer in continuous intelligence , announced today that members of its management team will present at...

GlobeNewsWire - 3 months ago

REDWOOD CITY, Calif., Nov. 13, 2020 (GLOBE NEWSWIRE) -- Sumo Logic , (Nasdaq: SUMO) the pioneer in c ontinuous intelligence , today announced that it will report financial results for the thir...

InvestorPlace - 3 months ago

Initial public offerings may be slowing down, but investors should see this as a BIG opportunity. Here are seven new stocks to buy now.

Other stocks mentioned: ASAN, BSY, FROG, MSP, VERX, ZI
GlobeNewsWire - 4 months ago

REDWOOD CITY, Calif., Oct. 09, 2020 (GLOBE NEWSWIRE) -- Sumo Logic, Inc. (“Sumo Logic”; NASDAQ: SUMO) today announced that the underwriters of its initial public offering exercised in full the...

GlobeNewsWire - 4 months ago

New Product Solutions and Enhancements Help Transform the Data Deluge into Continuous Intelligence to Further Drive Reliable and Secure Customer Experiences New Product Solutions and Enhanceme...

GlobeNewsWire - 4 months ago

Company Reinforces Commitment to Community and Ecosystem with New Initiatives to Harness the Power of Continuous Intelligence and Accelerate Digital Transformation Company Reinforces Commitmen...

Seeking Alpha - 4 months ago

Sumo Logic is a recent IPO that appears reasonably valued.

InvestorPlace - 4 months ago

At the heart of the Intelligence Economy with a compelling solution, $2.8 billion machine data analytics company Sumo Logic (NASDAQ:SUMO) is a name you will be hearing a lot of over the next 5...

Seeking Alpha - 4 months ago

Public equity investors in cloud stocks are watching developments from the private markets carefully - particularly as many of the private companies look at valuations in the public markets as...

Other stocks mentioned: FROG, SNOW, U, WCLD
The Motley Fool - 5 months ago

The cloud-native data monitoring and analytics specialist addresses a large market, but competition is intensifying.

Seeking Alpha - 5 months ago

Sumo Logic - Modest Valuations As There Are Some Concerns

Bloomberg Technology - 5 months ago

Sumo Logic Raises $326M in Debut on Nasdaq

Sumo Logic Inc. climbed as much as 25% in its trading debut after raising $326 million in a U.S. initial public offering priced above the targeted range. Ramin Sayar, president and chief execu...

24/7 Wall Street - 5 months ago

Business intelligence was one of the key buzzwords in years past. With the explosive growth of the cloud, machine learning, automation and artificial intelligence, is it a shock that there is ...

Market Watch - 5 months ago

Sumo Logic Inc.'s stock SUMO, 14.77% got a nice bump out of the gate Thursday, with the first trade 20.5% above the initial offering price of $22 share. The first trade on the Nasdaq was at $2...

Benzinga - 5 months ago

In a busy week of IPOS, Sumo Logic (NASDAQ: SUMO) is set to debut on Thursday. The Filing: Sumo Logic sold 14.8 million shares at $22 each.

CNBC Television - 5 months ago

Sumo Logic CEO on company's IPO

Sumo Logic, a cloud-based machine data analytics company, awaits its first trade as a public company.

Investors Business Daily - 5 months ago

The Sumo Logic IPO raised $326 million, pricing 4.8 million share at 22, above the estimated range of $17 to $21, for the cloud software company. It will trade under the ticker SUMO.

The Motley Fool - 5 months ago

A positive sign for potential investors: The IPO priced above its originally anticipated range.

Market Watch - 5 months ago

Sumo Logic Inc. SUMO, -2.25% said late Wednesday that its initial public offering priced at $22 a share, above the expected range of between $17 and $21, as the California-based software compa...

Benzinga - 5 months ago

Sumo Logic Inc (NASDAQ: SUMO) priced its initial public offering above indicted range on Wednesday.

GlobeNewsWire - 5 months ago

REDWOOD CITY, Calif., Sept. 16, 2020 (GLOBE NEWSWIRE) -- Sumo Logic, Inc. (“Sumo Logic”) today announced the pricing of its initial public offering of 14,800,000 shares of its common stock a...

About SUMO

Sumo Logic 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. Its platform enables organizations to automate the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights. The company offer a suite of solutions to address areas, such as operational intelligence, security intelligence, business intelligence, and global intelligence. S... [Read more...]

Industry
Software-Application
IPO Date
Sep 17, 2020
CEO
Ramin Sayar
Employees
796
Stock Exchange
NASDAQ
Ticker Symbol
SUMO
Full Company Profile

Financial Performance

In 2019, Sumo Logic's revenue was $155.06 million, an increase of 49.61% compared to the previous year's $103.64 million. Losses were -$92.14 million, 92.8% more than in 2018.

Financial Statements

Analyst Forecasts

According to 9 analysts, the average rating for Sumo Logic stock is "Buy." The 12-month stock price forecast is 33.67, which is an increase of 11.90% from the latest price.

Price Target
$33.67
(11.90% upside)
Analyst Consensus: Buy