Sumo Logic Inc. (SUMO) Social Stream



Sumo Logic Inc. (SUMO): $8.62

0.07 (+0.82%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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 $11.98 110.77%
2021-12-06 8 $35 $16 $24.875 $11.98 107.64%
2021-12-08 10 $35 $16 $22 $11.98 83.64%
2021-12-10 10 $35 $16 $21.333 $11.98 78.07%
2022-01-06 10 $35 $14 $21 $11.98 75.29%
2022-02-23 9 $35 $14 $20.444 $11.98 70.65%
2022-03-01 9 $35 $13 $20.333 $11.98 69.72%
2022-03-08 9 $35 $13 $19.888 $11.98 66.01%
2022-03-10 9 $27 $12 $17.062 $11.98 42.42%

The Trend in the Analyst Price Target


SUMO's average price target has moved down $7.51 over the prior 173 days.

Over the past 49 weeks, SUMO's average upside potential has been 46.58%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2021-05-22 5 44 19 30.440 18.70 62.78%
2021-09-19 8 35 19 24.570 18.54 32.52%
2021-09-20 8 35 19 24.570 17.36 41.53%
2021-12-08 9 35 16 22.000 16.28 35.14%
2022-03-01 9 35 13 20.333 11.92 70.58%

SUMO Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2.44 2 1 6 0 0 9

The Trend in the Broker Recommendations


Over the past 17 months, SUMO's average broker recommendation rating worsened by 0.94.

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.

  • In terms of how Sumo Logic Inc fares relative to all US stocks, note that its variance in analysts' estimates is lower than -882.17% of that group.
  • In the context of Business Services stocks, Sumo Logic Inc's average analyst price target is higher than 205.94% of them.
  • Sumo Logic Inc's upside potential (average analyst target price relative to current price) is greater than 829.76% of stocks in the mid market cap category.
  • In terms of how Sumo Logic Inc fares relative to stocks in the mid market cap category, note that its number of analysts covering the stock is greater than 786.93% of that group.

In terms of price targets and recommendations offered by analysts, the stocks in the Business Services industry with the ratings most similar to Sumo Logic Inc are SQSP, SPT, and SPSC.

Make investment decisions regarding SUMO using the data that counts. Try POWR Ratings for free.


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