This company has been acquired
SUMO Stock 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. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Community vs My Fair Value
Create NarrativeSelect a narrative for quick price alerts from the community, or create your own.
Sumo Logic, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$12.04 |
| 52 Week High | US$12.60 |
| 52 Week Low | US$6.43 |
| Beta | 1.3 |
| 1 Month Change | 0.33% |
| 3 Month Change | 1.52% |
| 1 Year Change | 49.57% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -55.21% |
Recent News & Updates
Recent updates
Sumo Logic (NASDAQ:SUMO) Is In A Strong Position To Grow Its Business
Jan 17
Should You Investigate Sumo Logic, Inc. (NASDAQ:SUMO) At US$7.86?
Dec 25Sumo Logic, Inc. (NASDAQ:SUMO) Shares Could Be 49% Below Their Intrinsic Value Estimate
Oct 05Sumo Logic Q2 2023 Earnings Preview
Aug 24Gigamon and Sumo Logic to optimize cloud performance and mitigate risk
Jul 12Sumo Logic: Be Patient, A Rebound Is Imminent
Jun 06Are Investors Undervaluing Sumo Logic, Inc. (NASDAQ:SUMO) By 49%?
Apr 21Sumo Logic: After A Solid Quarter, It's Time To Play The Rebound
Mar 10Sumo Logic Needs Faster Growth And Operating Improvement For Upside
Jan 03Sumo Logic: Deep Value Stock That Merits A Second Look
Dec 22Sumo Logic: Take Advantage Of Random Stock Volatility
Nov 29Here's Why We're Not At All Concerned With Sumo Logic's (NASDAQ:SUMO) Cash Burn Situation
Sep 15Sumo Logic: Beaten Down For No Reason
Sep 12Shareholder Returns
| SUMO | US Software | US Market | |
|---|---|---|---|
| 7D | 0% | 6.4% | 1.8% |
| 1Y | 49.6% | 15.0% | 9.5% |
Return vs Industry: SUMO exceeded the US Software industry which returned 44.1% over the past year.
Return vs Market: SUMO exceeded the US Market which returned 14.1% over the past year.
Price Volatility
| SUMO volatility | |
|---|---|
| SUMO Average Weekly Movement | 1.3% |
| Software Industry Average Movement | 9.3% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 4.1% |
Stable Share Price: SUMO has not had significant price volatility in the past 3 months.
Volatility Over Time: SUMO's weekly volatility has decreased from 9% to 1% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | 983 | Ramin Sayar | www.sumologic.com |
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.
Sumo Logic, Inc. Fundamentals Summary
| SUMO fundamental statistics | |
|---|---|
| Market cap | US$1.49b |
| Earnings (TTM) | -US$124.81m |
| Revenue (TTM) | US$300.67m |
5.0x
P/S Ratio-12.0x
P/E RatioIs SUMO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SUMO income statement (TTM) | |
|---|---|
| Revenue | US$300.67m |
| Cost of Revenue | US$97.23m |
| Gross Profit | US$203.44m |
| Other Expenses | US$328.26m |
| Earnings | -US$124.81m |
Last Reported Earnings
Jan 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.01 |
| Gross Margin | 67.66% |
| Net Profit Margin | -41.51% |
| Debt/Equity Ratio | 0% |
How did SUMO perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/05/14 21:45 |
| End of Day Share Price | 2023/05/11 00:00 |
| Earnings | 2023/01/31 |
| Annual Earnings | 2023/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Sumo Logic, Inc. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Kingsley Crane | Berenberg |
| Gray Powell | BTIG |
| Brent Thill | Jefferies LLC |