For the best MarketWatch.com experience, please update to a modern browser. Sumo Logic Priced at $22. Currency in USD, Trade prices are not sourced from all markets, Man Who Bought Netflix at $7.78 Says Buy This Now. Sumo Logic’s First Earnings Report Beat Expectations. Have Watchlists? Sumo Logic has raised at least $340 from private venture leading up to their IPO. SUMO | Complete Sumo Logic Inc. stock news by MarketWatch. Cookie Notice. Find real-time SUMO - Sumo Logic Inc stock quotes, company profile, news and forecasts from CNN Business. Sumo Logic provides real-time visibility into AWS, Azure, and GCP cloud applications and infrastructure. Subscribe to Premium to view Fair Value for SUMO, The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Log in to see them here or sign up to get started. Buy the Earnings Dip in Sumo Logic Stock SUMO stock is a long-term winner worth buying on near-term weakness By Luke Lango , InvestorPlace Senior Investment Analyst Dec 7, … All quotes are in local exchange time. Its solutions include log management, AWS monitoring, Azure management, cloud monitoring and GCP management. Copyright © 2020 MarketWatch, Inc. All rights reserved. All rights reserved. Sumo Logic. Sumo Logic, Inc. operates as a cloud-based machine data analytics company. Sumo Logic stock drops after first results as public company, Sumo Logic Stock Slides Because Growth Is Slowing. The company was founded by Kumar Saurabh and Christian Beedgen in April 2010 and is headquartered in Redwood City, CA. Subscriber Agreement & Terms of Use, We're not expecting Sumo Logic to pay a dividend over the next 12 months. 9 analysts have issued 12-month target prices for Sumo Logic's stock. Sumo Logic, Inc. (NASDAQ:SUMO) traded at $25.4 at close of the session on Tuesday, Dec 15, made a downturn move of -1.55% on its previous day’s price. Sumo Logic’s First Earnings Report Beat Expectations. © 2020 Verizon Media. Sumo Logic, Inc. (NASDAQ:SUMO) has a beta value of 0 and has seen 1,247,328 shares traded in the last trading session. At last check, Sumo shares dropped 16% to $25.31 at … The company, currently valued at $2.64 Billion, closed the last trade at $25.8 per share which meant it lost -$0.95 on the day or -3.55% during that session. Sumo Logic overview. Sumo Logic's stock surges out of the gate, with the first trade 20.5% above the IPO price Sumo Logic Inc.'s stock SUMO, 14.77% got a nice bump out of the gate Thursday, with the first trade 20.5% … Sumo Logic has seen a relatively modest welcome on the stock market, as its opening day jump trails that of other tech IPOs. Buy the Earnings Dip in Sumo Logic Stock. There are currently no items in this Watchlist. per-share loss 13 cents-12 cents; FactSet consensus loss 15 cents, Sumo Logic Q3 revenue $51.9 mln vs. $40.5 mln a year ago; FactSet consensus $49.1 mln, Sumo Logic Q3 adj. Sumo Logic… Their forecasts range from $24.00 to $34.00. Very modest sales multiples look compelling, although growth … Privacy Notice, and The venture-capital firm, known for its investments in tech businesses, has substantial stakes in both newly listed companies. Historical and current end-of-day data provided by FACTSET. View real-time stock prices and stock quotes for a full financial overview. Sumo Logic Stock. Gustavo Fernandez Photography. Find out more about how you can short Sumo Logic stock. While the company was started in 2010, the journey has actually been much longer. … By Luke Lango, InvestorPlace Senior Investment Analyst Dec 7, 2020 Thanks to robust Intelligence Economy tailwinds, SUMO stock is a long-term winner … Sumo (ticker: SUMO) went … Sumo Logic (SUMO -12.9%) shares down despite Q3 earnings beat.Shares were up 75% from late-October lows going into today's session.Ex-large customer revenue grew 28% Y/Y to … Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. On average, they anticipate Sumo Logic's share price to reach $29.29 in the next twelve months. In addition, we provide over 150 apps and native integrations to give you out-of-the-box visibility into … As a monitoring and analytics platform for developers, IT operations teams and business users, Datadog provides vital tools among the work-from-home stocks sector. The pandemic will change K-12 education in many places forever — and that raises ‘red flags’, Emcor Group to raise its quarterly dividend by 63% to 13 cents a share, Powell makes another push for more federal aid for economy from Congress, Fed Holds Steady With Its Current Pace of Easing, Treasury yield curve steepens after Fed statement, While you’re buying value stocks for your portfolio, add some diversity too, Here’s BofA’s List of Four Enterprise Software Stocks to Buy Now, Oil futures tally a third straight session gain, Sumo Logic's stock tumbles 11.3% after Q3 results, Sumo Logic Q3 free cash flow negative $18.7 mln; FactSet consensus negative $17.6 mln, Sumo Logic sees Q4 revenue $51.8 mln-$52.3 mln; FactSet consensus $50.8 mln, Sumo Logic sees Q4 adj. Here’s Where the Stock Finished Trading. This browser is no longer supported at MarketWatch. Get the hottest stocks to trade every day before the market opens 100% free. Looking at the stock … Find the latest Sumo Logic, Inc. (SUMO) stock quote, history, news and other vital information to help you with your stock trading and investing. loss 6 cents; FactSet consensus 24 cents, Sumo Logic Q3 per-share loss 43 cents vs. loss $1.95 a year ago, Sumo Logic started at overweight with $24 stock price target at J.P. Morgan, Sumo Logic's stock opens at $26.50, or 20.5% above its IPO price, Sumo Logic's stock indicated to open around $28.36, or 29% above its IPO price, Sequoia Capital Scores Big Wins With Airbnb, DoorDash IPOs. By using this site you agree to the Why Sumo Logic Stock Bounced Back Today Is Now a Good Time to Buy Stock in Recent IPO Sumo Logic? Intraday Data provided by FACTSET and subject to terms of use. Analyst Report: Zoom Video Communications, Inc. Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGS - NasdaqGS Real Time Price. Tech IPOs Leave No Doubt—It’s Now Growth at Any Cost, IPO like it’s 1999: Snowflake and other software stocks pop as market nears dot-com-boom levels, Tesla Stock Is Soaring, Beyond Meat Is Falling, and the Dow Is Barely Breaking Even. Yet Sumo Logic's valuation still corresponds to … Create a list of the investments you want to track. Click here now. Visit a quote page and your recently viewed tickers will be displayed here. Sumo Logic share dividends. Intraday data delayed at least 15 minutes or per exchange requirements. Its Stock Is Sliding. SUMO 26.75 0.82 (2.97%). The stock price ended the day up 22% to $26.88. Pre-Market 0.25 (0.94%) Something went wrong while loading Watchlist. Snowflake Stock Is at Risk of a ‘Violent Selloff.’ Why One Analyst Is Worried. Sumo Logic IPO. Get Sumo Logic Inc (SUMO:NASDAQ) real-time stock quotes, news and financial information from CNBC. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]. View the latest Sumo Logic Inc. (SUMO) stock price, news, historical charts, analyst ratings and financial information from WSJ. Find the latest Earnings Report Date for Sumo Logic, Inc. Common Stock (SUMO) at Nasdaq.com. The Sumo Logic stock valuation is over $1 billion. Its Stock Is Sliding. Sumo Logic's stock surges out of the gate, with the first trade 20.5% above the IPO price, Sumo Logic Jumps 6% On 4Q Outlook; BTIG Says Buy, 7 Machine Learning Stocks for a Smarter Future, 7 New Stocks You Might Not Know (But Should). Sumo Logic's trailing-12-month enterprise-value-to-revenue ratio is a much more manageable 11.4 compared to Datadog's 53.3 ratio. Sumo Logic Inc. SUMO, +1.67% shares fell Monday after the data analysis company reported its first results as a public company. Wall Street legend Whitney Tilson says there's a huge new tech trend coming – and he's giving away his top pick for free right here. Following Snowflake, Sumo Logic Stock Starts Trading on the Nasdaq … The SUMO stock … This suggests a possible upside of 12.6% from the stock… Sumo Logic stock has slumped amid a broad tech rally, after more than a half-dozen analysts picked up coverage of the real-time analytics software provider. Investor Relations Sumo Logic is the pioneer in continuous intelligence, a new category of software enabling organizations of all sizes to address the data challenges and opportunities presented by … Founded in 2010, Silicon Valley startup Sumo Logic raised $340 million in funding from big names like Sequoia, DFJ, and Franklin Templeton (one of our core dividend growth stock holdings).The first two sentences of Sumo Logic’s S-1 filing should tell us what this company does, but fail miserably in that respect.. 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