Sumo Logic (SUMO) Stock Price, News & Analysis

Company Overview

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 applications; and security solution that helps developers, security analysts, and security operation centers that detect threats, perform security analysis and forensics, and automate security responses to remediate against those threats for cloud applications. The company was incorporated in 2010 and is headquartered in Redwood City, California.

Key Stats

• Today's Range: $12.04 to $12.04
• 50-Day Range: $12.00 to $12.05
• 52-Week Range: $6.43 to $12.60
• Volume: 786 shs
• Average Volume: 2.73 million shs
• Market Capitalization: $1.49 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Sumo Logic Stock Analysis - MarketRank™

Sumo Logic scored higher than 4% of companies evaluated by MarketBeat, and ranked 1317th out of 1,322 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Sumo Logic.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Sumo Logic is -11.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sumo Logic is -11.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Sumo Logic has a P/B Ratio of 3.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SUMO.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sumo Logic does not currently pay a dividend.

Dividend Growth

Sumo Logic does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -0.73

Short Interest

There is no current short interest data available for SUMO.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Sumo Logic this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Sumo Logic insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.50% of the stock of Sumo Logic is held by insiders.

Percentage Held by Institutions

71.65% of the stock of Sumo Logic is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SUMO Stock Analysis - Frequently Asked Questions

How were Sumo Logic's earnings last quarter?

Sumo Logic, Inc. (NASDAQ:SUMO) released its earnings results on Sunday, December, 5th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.14) by $0.02. Sumo Logic's revenue was up 19.6% compared to the same quarter last year.
Read the conference call transcript.

When did Sumo Logic IPO?

Sumo Logic (SUMO) raised $281 million in an initial public offering (IPO) on Thursday, September 17th 2020. The company issued 14,800,000 shares at a price of $17.00-$21.00 per share. Morgan Stanley, JPMorgan, RBC Capital Markets and Jefferies served as the underwriters for the IPO and William Blair, Cowen, Piper Sandler and BTIG were co-managers.

What other stocks do shareholders of Sumo Logic own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sumo Logic investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), CrowdStrike (CRWD), Broadcom (AVGO), Netflix (NFLX) and Palo Alto Networks (PANW).

Company Calendar

• Last Earnings: 12/05/2021
• Today: 5/17/2025
• Fiscal Year End: 1/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NASDAQ:SUMO
• CIK: 1643269
• Web: www.sumologic.com
• Phone: 650-670-8002
• Fax: N/A
• Employees: 943
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-124,820,000.00
• Net Margins: -41.51%
• Pretax Margin: -40.58%
• Return on Equity: -25.88%
• Return on Assets: -17.13%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.00
• Quick Ratio: 2.00

Sales & Book Value

• Annual Sales: $300.67 million
• Price / Sales: 4.97
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.13 per share
• Price / Book: 3.85

Miscellaneous

• Outstanding Shares: 124,088,000
• Free Float: 114,781,000
• Market Cap: $1.49 billion
• Optionable: Not Optionable
• Beta: 1.30