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. Its platform enables organizations to automate the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights. The company offers a suite of solutions to address areas, such as operational intelligence, security intelligence, business intelligence, and global intelligence. Sumo Logic, Inc. was incorporated in 2010 and is headquartered in Redwood City, California.
IPO Year: 2020
Exchange: NASDAQ
Website: sumologic.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/9/2022 | $27.00 → $21.00 | Buy | Rosenblatt |
| 3/9/2022 | $19.00 → $17.00 | Outperform | RBC Capital |
| 3/9/2022 | $15.00 → $12.50 | Neutral | Piper Sandler |
| 2/23/2022 | $20.00 → $15.00 | Equal-Weight | Morgan Stanley |
| 12/10/2021 | $16.00 | Buy → Hold | Berenberg |
| 12/7/2021 | $35.00 → $27.00 | Buy | Rosenblatt |
| 12/7/2021 | $22.00 → $20.00 | Equal-Weight | Morgan Stanley |
| 12/7/2021 | $25.00 → $22.00 | Outperform | RBC Capital |
| 9/10/2021 | Buy → Neutral | BTIG | |
| 9/10/2021 | $24.00 → $20.00 | Overweight → Neutral | Piper Sandler |