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Sumo Logic, Inc. (SUMO)

Stock Price: $16.86 USD 0.78 (4.85%)
Updated May 14, 2021 4:00 PM EDT - Market closed
After-hours: $16.91 +0.05 (0.30%) May 14, 5:49 PM
Market Cap 1.73B
Revenue (ttm) 202.64M
Net Income (ttm) -80.30M
Shares Out 102.70M
EPS (ttm) -1.65
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day May 14
Last Price $16.86
Previous Close $16.08
Change ($) 0.78
Change (%) 4.85%
Day's Open 16.60
Day's Range 16.03 - 17.11
Day's Volume 936,999
52-Week Range 15.80 - 46.37

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With a boost in global security spending expected this year, these five cybersecurity stocks could be worth a closer look.

Other stocks mentioned: BB, OKTA, SCWX, ZS
2 weeks ago - Kiplinger

Registration Now Open for Virtual Event with Expert-led Sessions, Hands-On Training and Security Certifications to Maximize Investment in Sumo Logic's Security Intelligence Solutions Registration Now Op...

2 weeks ago - GlobeNewsWire

Award-winning Cloud SIEM Solution Now Available in Australia to Empower SOC Teams to Secure the Cloud Journey with Real-time Analytics Award-winning Cloud SIEM Solution Now Available in Australia to Emp...

3 weeks ago - GlobeNewsWire

The rise in 10-year U.S. Treasury yields likely will continue to pressure software growth stocks, though the sector could find support if corporate spending on digital transformation stays strong. The p...

Other stocks mentioned: ADBE, AI, COUP, CRM, DDOG, IGV, MSFT ...
1 month ago - Investors Business Daily

With markets getting more volatile, there could be increased dealmaking. The post 7 Tech Stocks That Could Be Looking for M&A appeared first on InvestorPlace.

Other stocks mentioned: BOX, PRGS, RMNI, RXT, SCWX, YEXT
1 month ago - InvestorPlace

Sumo Logic's bull thesis remains unchanged after the company's Q4 earnings report, making today's dip in SUMO stock a golden opportunity. The post Why Sumo Logic Stock Could Double From Here appeared fi...

2 months ago - InvestorPlace

The observability specialist reported fiscal fourth-quarter results and announced an acquisition.

2 months ago - The Motley Fool

DFLabs Award-winning IncMan Security Operations, Automation and Response solution will Integrate Directly into Sumo Logic's Cloud SIEM to Deliver a Comprehensive Analytics and Automation Solution to Com...

2 months ago - GlobeNewsWire

Full year fiscal 2021 revenue grew 31% year-over-year to $202.6 million  Fourth quarter revenue grew 22% year-over-year to $54.2 million

2 months ago - GlobeNewsWire

New Features and Enhancements Provide a Holistic View of Microservices Architectures to Identify and Resolve Issues Faster New Features and Enhancements Provide a Holistic View of Microservices Architec...

2 months ago - GlobeNewsWire

2020 seemed to be much like 1999, as technology initial public offerings that made little or no money came out and rocketed higher.

Other stocks mentioned: AFRM, CRSR, WISH
2 months ago - 24/7 Wall Street

REDWOOD CITY, Calif., Feb. 19, 2021 (GLOBE NEWSWIRE) -- Sumo Logic , (Nasdaq: SUMO) the pioneer in c ontinuous intelligence , announced today that members of its management team will present at the foll...

2 months ago - GlobeNewsWire

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 Security an...

2 months ago - GlobeNewsWire

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
2 months ago - InvestorPlace

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 fourth quarter...

3 months ago - GlobeNewsWire

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 ...
3 months ago - 24/7 Wall Street

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 Feb. 10-11 ...

3 months ago - GlobeNewsWire

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

3 months ago - GlobeNewsWire

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-related du...

3 months ago - Seeking Alpha

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.

4 months ago - Seeking Alpha

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

5 months ago - GlobeNewsWire

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

5 months ago - Seeking Alpha

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

5 months ago - Pulse2

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

5 months ago - The Motley Fool

Sumo Logic CEO the company's Q3 earnings results

YouTube video

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.

5 months ago - CNBC Television

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, right?

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

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

5 months ago - The Motley Fool

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 InvestorPlace.

5 months ago - InvestorPlace

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 touching an ...

5 months ago - Market Watch

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

5 months ago - GlobeNewsWire

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 and Growth...

5 months ago - GlobeNewsWire

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 surveyed a group ...

Other stocks mentioned: DDOG
5 months ago - Benzinga

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
5 months ago - InvestorPlace

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.

5 months ago - Seeking Alpha

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 Sumo Logic...

5 months ago - GlobeNewsWire

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 the follo...

5 months ago - GlobeNewsWire

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 third quarter ...

6 months ago - GlobeNewsWire

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
6 months ago - InvestorPlace

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 their option ...

7 months ago - GlobeNewsWire

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 Enhancements Help T...

7 months ago - GlobeNewsWire

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

7 months ago - GlobeNewsWire

Sumo Logic is a recent IPO that appears reasonably valued.

7 months ago - Seeking Alpha

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 to 10 yea...

7 months ago - InvestorPlace

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 a good ti...

Other stocks mentioned: FROG, SNOW, U, WCLD
7 months ago - Seeking Alpha

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

7 months ago - The Motley Fool

Sumo Logic - Modest Valuations As There Are Some Concerns

7 months ago - Seeking Alpha

Sumo Logic Raises $326M in Debut on Nasdaq

YouTube video

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 executive offic...

7 months ago - Bloomberg Technology

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 already a ...

7 months ago - 24/7 Wall Street

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 $26.50 at 12...

7 months ago - Market Watch

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.

7 months ago - Benzinga

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

Industry
Software-Application
IPO Date
Sep 17, 2020
Stock Exchange
NASDAQ
Ticker Symbol
SUMO
Full Company Profile

Financial Performance

In 2020, Sumo Logic's revenue was $202.64 million, an increase of 30.69% compared to the previous year's $155.06 million. Losses were -$80.30 million, -12.85% less than in 2019.

Financial Statements

Analyst Forecasts

According to 9 analysts, the average rating for Sumo Logic stock is "Buy." The 12-month stock price forecast is 31.33, which is an increase of 85.82% from the latest price.

Price Target
$31.33
(85.82% upside)
Analyst Consensus: Buy