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Sumo Logic NasdaqGS:SUMO Stock Report

Last Price

US$12.04

Market Cap

US$1.5b

7D

0%

1Y

49.6%

Updated

14 May, 2023

Data

Company Financials +

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

SUMO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Sumo Logic, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sumo Logic
Historical stock prices
Current Share PriceUS$12.04
52 Week HighUS$12.60
52 Week LowUS$6.43
Beta1.3
1 Month Change0.33%
3 Month Change1.52%
1 Year Change49.57%
3 Year Changen/a
5 Year Changen/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
Sumo Logic (NASDAQ:SUMO) Is In A Strong Position To Grow Its Business

Should You Investigate Sumo Logic, Inc. (NASDAQ:SUMO) At US$7.86?

Dec 25
Should You Investigate Sumo Logic, Inc. (NASDAQ:SUMO) At US$7.86?

Sumo Logic, Inc. (NASDAQ:SUMO) Shares Could Be 49% Below Their Intrinsic Value Estimate

Oct 05
Sumo Logic, Inc. (NASDAQ:SUMO) Shares Could Be 49% Below Their Intrinsic Value Estimate

Sumo Logic Q2 2023 Earnings Preview

Aug 24

Gigamon and Sumo Logic to optimize cloud performance and mitigate risk

Jul 12

Sumo Logic: Be Patient, A Rebound Is Imminent

Jun 06

Are Investors Undervaluing Sumo Logic, Inc. (NASDAQ:SUMO) By 49%?

Apr 21
Are Investors Undervaluing Sumo Logic, Inc. (NASDAQ:SUMO) By 49%?

Sumo Logic: After A Solid Quarter, It's Time To Play The Rebound

Mar 10

Sumo Logic Needs Faster Growth And Operating Improvement For Upside

Jan 03

Sumo Logic: Deep Value Stock That Merits A Second Look

Dec 22

Sumo Logic: Take Advantage Of Random Stock Volatility

Nov 29

Here's Why We're Not At All Concerned With Sumo Logic's (NASDAQ:SUMO) Cash Burn Situation

Sep 15
Here's Why We're Not At All Concerned With Sumo Logic's (NASDAQ:SUMO) Cash Burn Situation

Sumo Logic: Beaten Down For No Reason

Sep 12

Shareholder Returns

SUMOUS SoftwareUS Market
7D0%-2.2%-2.4%
1Y49.6%22.4%23.4%

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

Is SUMO's price volatile compared to industry and market?
SUMO volatility
SUMO Average Weekly Movement1.3%
Software Industry Average Movement7.9%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

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

FoundedEmployeesCEOWebsite
2010983Ramin Sayarwww.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

How do Sumo Logic's earnings and revenue compare to its market cap?
SUMO fundamental statistics
Market capUS$1.49b
Earnings (TTM)-US$124.81m
Revenue (TTM)US$300.67m

5.0x

P/S Ratio

-12.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SUMO income statement (TTM)
RevenueUS$300.67m
Cost of RevenueUS$97.23m
Gross ProfitUS$203.44m
Other ExpensesUS$328.26m
Earnings-US$124.81m

Last Reported Earnings

Jan 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.01
Gross Margin67.66%
Net Profit Margin-41.51%
Debt/Equity Ratio0%

How did SUMO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/05/14 06:16
End of Day Share Price 2023/05/11 00:00
Earnings2023/01/31
Annual Earnings2023/01/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

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.

AnalystInstitution
William Kingsley CraneBerenberg
Gray PowellBTIG
Brent ThillJefferies LLC