Log in
NASDAQ:SUMO

Sumo Logic Price Target, Predictions & Analyst Ratings

$25.08
-1.12 (-4.27 %)
(As of 12/1/2020 12:00 AM ET)
Add
Compare
Today's Range
$24.82
Now: $25.08▼
$26.89
50-Day Range
$17.28
MA: $20.53▼
$26.20
52-Week Range
$16.71
Now: $25.08▼
$28.45
Volume925,714 shs
Average Volume1.18 million shs
Market Capitalization$2.48 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

Analyst Ratings

Sumo Logic (NASDAQ:SUMO) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
9 Wall Street analysts have issued ratings and price targets for Sumo Logic in the last 12 months. Their average twelve-month price target is $28.29, predicting that the stock has a possible upside of 12.78%. The high price target for SUMO is $31.00 and the low price target for SUMO is $24.00. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
SUMO Consensus Rating: BuyBuyN/AN/A
SUMO Consensus Rating Score: 2.672.63N/AN/A
SUMO Analyst Ratings: 0 Sell Rating(s)
3 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)		0 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)		0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)		0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
SUMO Consensus Price Target: $28.29$28.29N/AN/A
SUMO Price Target Upside: 12.78% upside16.50% upsideN/AN/A

Sumo Logic (NASDAQ:SUMO) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Sumo Logic (NASDAQ:SUMO) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/17/2020Berenberg BankInitiated CoverageBuyHigh
10/12/2020William BlairInitiated CoverageOutperformHigh
10/12/2020Morgan StanleyInitiated CoverageEqual Weight$26.00High
10/12/2020BTIG ResearchInitiated CoverageBuy$29.00High
10/12/2020CowenInitiated CoverageOutperform$31.00High
10/12/2020Piper SandlerInitiated CoverageOverweight$31.00High
10/12/2020JPMorgan Chase & Co.Initiated CoverageNeutral$24.00High
10/12/2020Royal Bank of CanadaInitiated CoverageOutperform$30.00High
10/12/2020Jefferies Financial GroupInitiated CoverageHold$27.00High
(Data available from 12/2/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 12/2/2020 by MarketBeat.com Staff
Receive Analysts' Upgrades and Downgrades Daily

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.