Sumo Logic Inc. (SUMO) Social Stream
SUMO LOGIC INC (SUMO) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering SUMO LOGIC INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-09-13 | 8 | $35 | $19 | $25.25 | $12.04 | 109.72% |
| 2021-12-06 | 8 | $35 | $16 | $24.875 | $12.04 | 106.6% |
| 2021-12-08 | 10 | $35 | $16 | $22 | $12.04 | 82.72% |
| 2021-12-10 | 10 | $35 | $16 | $21.333 | $12.04 | 77.18% |
| 2022-01-06 | 9 | $35 | $14 | $21 | $12.04 | 74.42% |
| 2022-02-23 | 9 | $35 | $14 | $20.444 | $12.04 | 69.8% |
| 2022-03-01 | 9 | $35 | $13 | $20.333 | $12.04 | 68.88% |
| 2022-03-08 | 9 | $35 | $13 | $19.888 | $12.04 | 65.18% |
| 2022-03-10 | 9 | $27 | $12 | $17.062 | $12.04 | 41.71% |
| 2022-05-23 | 9 | $27 | $8.5 | $15.125 | $12.04 | 25.62% |
| 2022-05-27 | 9 | $27 | $8 | $15.062 | $12.04 | 25.1% |
| 2022-05-31 | 9 | $27 | $8 | $14.125 | $12.04 | 17.32% |
| 2022-07-13 | 9 | $27 | $8 | $13.875 | $12.04 | 15.24% |
| 2022-08-22 | 9 | $27 | $8 | $13.75 | $12.04 | 14.2% |
| 2022-08-26 | 9 | $27 | $8 | $13.625 | $12.04 | 13.16% |
| 2022-08-29 | 9 | $27 | $8 | $13.5 | $12.04 | 12.13% |
| 2022-09-21 | 8 | $27 | $8 | $13.5 | $12.04 | 12.13% |
| 2022-11-08 | 8 | $27 | $8 | $13.375 | $12.04 | 11.09% |
| 2022-11-21 | 8 | $27 | $8 | $13.25 | $12.04 | 10.05% |
| 2022-12-06 | 8 | $27 | $8 | $13.125 | $12.04 | 9.01% |
| 2022-12-07 | 8 | $21 | $8.5 | $12.437 | $12.04 | 3.3% |
| 2022-12-09 | 7 | $21 | $8.5 | $11.928 | $12.04 | -0.93% |
| 2023-01-05 | 7 | $21 | $8.5 | $11.785 | $12.04 | -2.12% |
| 2023-01-24 | 6 | $21 | $9 | $12.142 | $12.04 | 0.85% |
| 2023-02-09 | 6 | $21 | $10 | $12.578 | $12.04 | 4.47% |
| 2023-02-15 | 6 | $12.05 | $10 | $11.62 | $12.04 | -3.49% |
The Trend in the Analyst Price Target
SUMO's average price target has moved down $0.88 over the prior 177 days.
SUMO reports an average of 40.53% for its upside potential over the past 38 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-08-29 | 8 | 27 | 8.0 | 13.500 | 9.08 | 48.68% |
| 2022-09-21 | 8 | 27 | 8.0 | 13.500 | 7.65 | 76.47% |
| 2022-12-07 | 8 | 21 | 8.5 | 12.437 | 7.67 | 62.15% |
| 2023-02-15 | 6 | 21 | 10.0 | 13.157 | 11.91 | 10.47% |
| 2023-02-15 | 4 | 21 | 10.0 | 13.183 | 11.91 | 10.69% |
SUMO Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.71 | 1 | 0 | 6 | 0 | 0 | 7 |
The Trend in the Broker Recommendations
SUMO's average broker recommendation rating worsened by 0.29 over the prior 153 days.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for SUMO as an investment opportunity.
- To contextualize these metrics, consider that out of all US stocks, SUMO LOGIC INC's variance in analysts' estimates is lower than -2859.63% of them.
- SUMO has a higher average analyst price target than 655.42% of Business Services stocks.
- In the context of Business Services stocks, SUMO LOGIC INC's upside potential (average analyst target price relative to current price) is greater than 1157.98% of them.
- In terms of how SUMO LOGIC INC fares relative to Business Services stocks, note that its number of analysts covering the stock is higher than 1267.49% of that group.
Stocks similar to SUMO LOGIC INC in the Business Services industry regarding analyst recommendations and price targets are BKKT, CVT, and DCBO.
View All Top Stocks by Price Target
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