Logo image of SUMO

SUMO LOGIC INC (SUMO) Stock Price, Quote, News and Overview

NASDAQ:SUMO - Nasdaq - US86646P1030 - Common Stock - Currency: USD

12.04  -0.01 (-0.08%)

After market: 12.04 0 (0%)

SUMO Quote, Performance and Key Statistics

SUMO LOGIC INC

NASDAQ:SUMO (5/11/2023, 8:13:18 PM)

After market: 12.04 0 (0%)

12.04

-0.01 (-0.08%)

Sector
GICS SectorInformation Technology
GICS IndustrySoftware
GICS IndustryGroupSoftware & Services
GICS SubIndustryApplication Software
Statistics
52 Week High12.6
52 Week Low6.43
Market Cap1.49B
Shares124.09M
Float101.19M
Yearly DividendN/A
Dividend YieldN/A
PEN/A
Fwd PEN/A
Earnings (Next)05-24 2023-05-24/amc
IPO09-16 2020-09-16


SUMO short term performance overview.The bars show the price performance of SUMO in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 10 20 30 40 50

SUMO long term performance overview.The bars show the price performance of SUMO in the last 1, 2 and 3 years. 1 year 2 years 3 years 10 20 30 40

The current stock price of SUMO is 12.04 USD. In the past month the price increased by 0.25%. In the past year, price increased by 49.57%.

SUMO LOGIC INC / SUMO Daily stock chart

SUMO Competitors/Peers

The largest stocks on the US markets in the "Application Software" sub-industry
Full List
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Name
TA
FA
PE
Market Cap
SAP SAP SE-SPONSORED ADR 59.7 330.11B
CRM SALESFORCE INC 31.94 296.48B
PLTR PALANTIR TECHNOLOGIES INC-A 247.2 230.78B
ADBE ADOBE INC 24.12 193.42B
INTU INTUIT INC 33.26 158.29B
APP APPLOVIN CORP-CLASS A 91.48 139.37B
MSTR MICROSTRATEGY INC-CL A N/A 77.37B
TEAM ATLASSIAN CORP-CL A 87.19 74.93B
SNPS SYNOPSYS INC 35.46 73.40B
CDNS CADENCE DESIGN SYS INC 43.27 70.85B
WDAY WORKDAY INC-CLASS A 36.89 68.20B
ROP ROPER TECHNOLOGIES INC 31.33 61.56B

About SUMO

Company Profile

SUMO logo image Sumo Logic, Inc. engages in the provision and development of continuous intelligence software platform. The company is headquartered in Redwood City, California and currently employs 983 full-time employees. The company went IPO on 2020-09-16. Its Continuous Intelligence Platform helps practitioners and developers ensure application reliability, secure and protect against modern security threats, and gain insights into their cloud infrastructures. Its Continuous Intelligence platform provides real-time, machine data analytics and insights across observability and security solutions. Its observability solution combines cloud native log analytics, monitoring, application performance management, and tracing, and real user monitoring, capabilities. The company also offers cloud application infrastructure monitoring and troubleshooting capabilities. Its security solution helps developers, security analysts, and security operation centers detect threats, perform security analysis and forensics, and automate security responses to remediate against those threats for their cloud applications.

Company Info

SUMO LOGIC INC

855 Main Street, Suite 100

Redwood City CALIFORNIA 94063 US

CEO: Ramin Sayar

Employees: 983

Company Website: https://www.sumologic.com/

Phone: 16506708002.0

SUMO LOGIC INC / SUMO FAQ

What is the stock price of SUMO LOGIC INC today?

The current stock price of SUMO is 12.04 USD. The price decreased by -0.08% in the last trading session.


What is the ticker symbol for SUMO LOGIC INC stock?

The exchange symbol of SUMO LOGIC INC is SUMO and it is listed on the Nasdaq exchange.


On which exchange is SUMO stock listed?

SUMO stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for SUMO LOGIC INC stock?

11 analysts have analysed SUMO and the average price target is 12.29 USD. This implies a price increase of 2.08% is expected in the next year compared to the current price of 12.04. Check the SUMO LOGIC INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is SUMO LOGIC INC worth?

SUMO LOGIC INC (SUMO) has a market capitalization of 1.49B USD. This makes SUMO a Small Cap stock.


How many employees does SUMO LOGIC INC have?

SUMO LOGIC INC (SUMO) currently has 983 employees.


What are the support and resistance levels for SUMO LOGIC INC (SUMO) stock?

SUMO LOGIC INC (SUMO) has a support level at 12.03 and a resistance level at 12.09. Check the full technical report for a detailed analysis of SUMO support and resistance levels.


Is SUMO LOGIC INC (SUMO) expected to grow?

The Revenue of SUMO LOGIC INC (SUMO) is expected to grow by 15.38% in the next year. Check the estimates tab for more information on the SUMO EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy SUMO LOGIC INC (SUMO) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does SUMO LOGIC INC (SUMO) stock pay dividends?

SUMO does not pay a dividend.


When does SUMO LOGIC INC (SUMO) report earnings?

SUMO LOGIC INC (SUMO) will report earnings on 2023-05-24, after the market close.


What is the Price/Earnings (PE) ratio of SUMO LOGIC INC (SUMO)?

SUMO LOGIC INC (SUMO) does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.3).


SUMO Technical Analysis

ChartMill assigns a technical rating of 7 / 10 to SUMO. When comparing the yearly performance of all stocks, SUMO is one of the better performing stocks in the market, outperforming 93.26% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

SUMO Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to SUMO. SUMO scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

SUMO Financial Highlights

Over the last trailing twelve months SUMO reported a non-GAAP Earnings per Share(EPS) of -0.3. The EPS increased by 36.17% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA N/A
ROE N/A
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%76.92%
Sales Q2Q%18.95%
EPS 1Y (TTM)36.17%
Revenue 1Y (TTM)24.18%

SUMO Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 75% to SUMO. The Buy consensus is the average rating of analysts ratings from 11 analysts.

For the next year, analysts expect an EPS growth of 34.72% and a revenue growth 15.38% for SUMO


Ownership
Inst Owners0.51%
Ins Owners0.61%
Short Float %N/A
Short RatioN/A
Analysts
Analysts74.55
Price Target12.29 (2.08%)
EPS Next Y34.72%
Revenue Next Year15.38%