Sumo Logic, Inc. (SUMO)
May 12, 2023 - SUMO was delisted (reason: acquired by Francisco Partners)
12.04
0.00 (0.00%)
Last trade price
Sumo Logic Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Sumo Logic stock had an average target of 11, with a low estimate of 10 and a high estimate of 12.
Analyst Consensus: Hold
* Price targets were last updated on Feb 10, 2023.
Analyst Ratings
The average analyst rating for Sumo Logic stock from 4 stock analysts was "Hold". This means that analysts believed this stock was likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '22 | Jan '23 | Feb '23 | Mar '23 | Apr '23 | May '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 5 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 6 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cowen & Co. | Cowen & Co. | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Feb 15, 2023 |
| RBC Capital | RBC Capital | Buy → Hold Downgrades $12 | Buy → Hold | Downgrades | $12 | -0.33% | Feb 10, 2023 |
| Jefferies | Jefferies | Hold Maintains $8.5 → $11 | Hold | Maintains | $8.5 → $11 | -8.64% | Jan 24, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $11 → $10 | Hold | Maintains | $11 → $10 | -16.94% | Dec 19, 2022 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $10 → $11 | Hold | Maintains | $10 → $11 | -8.64% | Dec 6, 2022 |
Financial Forecast
Revenue This Year
351.09M
from 300.67M
Increased by 16.77%
Revenue Next Year
392.90M
from 351.09M
Increased by 11.91%
EPS This Year
-0.37
from -1.06
EPS Next Year
-0.20
from -0.37
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 361.4M | 404.5M |
| Avg | 351.1M | 392.9M |
| Low | 337.3M | 377.5M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | 20.2% | 15.2% |
| Avg | 16.8% | 11.9% |
| Low | 12.2% | 7.5% |
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | -0.20 | -0.08 |
| Avg | -0.20 | -0.08 |
| Low | -0.19 | -0.07 |
EPS Growth
| EPS Growth | 2023 | 2024 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
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.