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NASDAQ: SUMO
Sumo Logic Inc Stock Forecast, Predictions & Price Target

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Analyst price target for SUMO

Based on 6 analysts offering 12 month price targets for Sumo Logic Inc.
Min Forecast
$8.50+19.38%
Avg Forecast
$13.83+94.28%
Max Forecast
$21.00+194.94%

Should I buy or sell SUMO stock?

Based on 6 analysts offering ratings for Sumo Logic Inc.
Buy
Strong Buy
1 analysts 16.67%
Buy
1 analysts 16.67%
Hold
4 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SUMO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Bottom 23%
23
HoldMaintains$11.00+54.49%2022-08-26
Jefferies
Top 7%
94
HoldMaintains$8.50+19.38%2022-05-23
RBC Capital
Bottom 1%
1
BuyMaintains$14.00+96.63%2022-05-23
Anonymous
Morgan Stanley
HoldMaintains$11.00+54.49%2022-05-19
Rosenblatt
Bottom 8%
8
Strong BuyMaintains$21.00+194.94%2022-03-09
Piper Sandler
Top 2%
99
HoldMaintains$12.50+75.56%2022-03-09
Berenberg
Bottom 9%
9
HoldDowngrades$16.00+124.72%2021-12-10

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Forecast return on equity

Is SUMO forecast to generate an efficient return?
Company
-21.36%
Industry
19.06%
Market
118.57%
SUMO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SUMO forecast to generate an efficient return on assets?
Company
-14.23%
Industry
4.95%
SUMO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SUMO earnings per share forecast

What is SUMO's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
-$0.91
Avg 2 year Forecast
-$0.86
Avg 3 year Forecast
-$0.70

SUMO revenue forecast

What is SUMO's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$291.0M+7.37%
Avg 2 year Forecast
$338.4M+24.84%
Avg 3 year Forecast
$375.8M+38.67%
SUMO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SUMO revenue growth forecast

How is SUMO forecast to perform vs Software - Application companies and vs the US market?
Company
12%
Industry
16.65%
Market
8.46%
SUMO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SUMO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SUMO vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
SUMO$7.12$13.83+94.28%Buy
NOTE$6.95$11.88+70.86%Strong Buy
PUBM$16.25$30.57+88.13%Buy
MNTV$5.64$16.08+185.16%Buy
DCBO$26.20$79.67+204.07%Strong Buy

Sumo Logic Stock Forecast FAQ

Is Sumo Logic Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: SUMO) stock is to Buy SUMO stock.

Out of 6 analysts, 1 (16.67%) are recommending SUMO as a Strong Buy, 1 (16.67%) are recommending SUMO as a Buy, 4 (66.67%) are recommending SUMO as a Hold, 0 (0%) are recommending SUMO as a Sell, and 0 (0%) are recommending SUMO as a Strong Sell.

If you're new to stock investing, here's how to buy Sumo Logic stock.

What is SUMO's earnings growth forecast for 2023-2025?

(NASDAQ: SUMO) Sumo Logic's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 26.3%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.42%.

Sumo Logic's earnings in 2022 is -$135,032,000.On average, 5 Wall Street analysts forecast SUMO's earnings for 2023 to be -$107,877,634, with the lowest SUMO earnings forecast at -$112,619,508, and the highest SUMO earnings forecast at -$94,837,480. On average, 5 Wall Street analysts forecast SUMO's earnings for 2024 to be -$101,950,291, with the lowest SUMO earnings forecast at -$114,990,445, and the highest SUMO earnings forecast at -$78,240,921.

In 2025, SUMO is forecast to generate -$82,982,795 in earnings, with the lowest earnings forecast at -$82,982,795 and the highest earnings forecast at -$82,982,795.

What is SUMO's revenue growth forecast for 2023-2025?

(NASDAQ: SUMO) Sumo Logic's forecast annual revenue growth rate of 12% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 16.65%, and while it is forecast to beat the US market's average forecast revenue growth rate of 8.46%.

Sumo Logic's revenue in 2022 is $271,028,000.On average, 5 Wall Street analysts forecast SUMO's revenue for 2023 to be $34,496,184,975, with the lowest SUMO revenue forecast at $34,378,586,500, and the highest SUMO revenue forecast at $34,615,680,200. On average, 5 Wall Street analysts forecast SUMO's revenue for 2024 to be $40,111,749,260, with the lowest SUMO revenue forecast at $38,506,387,817, and the highest SUMO revenue forecast at $41,064,628,840.

In 2025, SUMO is forecast to generate $44,554,648,104 in revenue, with the lowest revenue forecast at $44,554,648,104 and the highest revenue forecast at $44,554,648,104.

What is SUMO's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: SUMO) forecast ROA is -14.23%, which is lower than the forecast US Software - Application industry average of 4.95%.

What is SUMO's Price Target?

According to 6 Wall Street analysts that have issued a 1 year SUMO price target, the average SUMO price target is $13.83, with the highest SUMO stock price forecast at $21.00 and the lowest SUMO stock price forecast at $8.50.

On average, Wall Street analysts predict that Sumo Logic's share price could reach $13.83 by Aug 26, 2023. The average Sumo Logic stock price prediction forecasts a potential upside of 94.28% from the current SUMO share price of $7.12.

What is SUMO's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: SUMO) Sumo Logic's current Earnings Per Share (EPS) is -$1.18. On average, analysts forecast that SUMO's EPS will be -$0.91 for 2023, with the lowest EPS forecast at -$0.95, and the highest EPS forecast at -$0.80. On average, analysts forecast that SUMO's EPS will be -$0.86 for 2024, with the lowest EPS forecast at -$0.97, and the highest EPS forecast at -$0.66. In 2025, SUMO's EPS is forecast to hit -$0.70 (min: -$0.70, max: -$0.70).

What is SUMO's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: SUMO) forecast ROE is -21.36%, which is considered weak.
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