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Recommendations
Sumo Logic price target raised to $33 from $31 at Piper Sandler » 06:17
01/05/21
01/05
06:17
01/05/21
06:17
SUMO

Sumo Logic

$26.51 /

-2.08 (-7.28%)

Piper Sandler analyst Rob…

Piper Sandler analyst Rob Owens raised the firm's price target on Sumo Logic to $33 from $31 and reiterates an Overweight rating on the shares.

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SUMO Sumo Logic
$26.51 /

-2.08 (-7.28%)

SUMO Sumo Logic
$26.51 /

-2.08 (-7.28%)

12/08/20 BTIG
Sumo Logic price target raised to $34 from $29 at BTIG
12/07/20 BTIG
Sumo Logic pullback likely due to confusion around earnings timing, says BTIG
11/17/20 Berenberg
Sumo Logic initiated with a Buy at Berenberg
10/12/20 William Blair
Sumo Logic initiated with an Outperform at William Blair
SUMO Sumo Logic
$26.51 /

-2.08 (-7.28%)

  • 17
    Sep
SUMO Sumo Logic
$26.51 /

-2.08 (-7.28%)

SUMO Sumo Logic
$26.51 /

-2.08 (-7.28%)

Over a month ago
Conference/Events
Morgan Stanley to hold a virtual conference » 08:43
12/10/20
12/10
08:43
12/10/20
08:43
APPN

Appian

$145.12 /

-8.7 (-5.66%)

, SUMO

Sumo Logic

$26.95 /

-2.11 (-7.26%)

, FROG

JFrog

$67.41 /

-1.24 (-1.81%)

, DDOG

Datadog

$95.71 /

-4.13 (-4.14%)

Future of App Development…

Future of App Development Virtual Conference 2020 to be held on December 9-10.

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SUMO Sumo Logic
$26.95 /

-2.11 (-7.26%)

FROG JFrog
$67.41 /

-1.24 (-1.81%)

DDOG Datadog
$95.71 /

-4.13 (-4.14%)

APPN Appian
$145.12 /

-8.7 (-5.66%)

APPN Appian
$145.12 /

-8.7 (-5.66%)

12/01/20 Barclays
Barclays downgrades Appian to Underweight on 'unwarranted' 121% rally
12/01/20 Barclays
Appian downgraded to Underweight from Equal Weight at Barclays
11/09/20 Truist
Appian price target raised to $95 from $52 at Truist
11/09/20 Goldman Sachs
Appian upgraded to Neutral from Sell at Goldman Sachs
SUMO Sumo Logic
$26.95 /

-2.11 (-7.26%)

12/08/20 BTIG
Sumo Logic price target raised to $34 from $29 at BTIG
12/07/20 BTIG
Sumo Logic pullback likely due to confusion around earnings timing, says BTIG
11/17/20 Berenberg
Sumo Logic initiated with a Buy at Berenberg
10/12/20 William Blair
Sumo Logic initiated with an Outperform at William Blair
FROG JFrog
$67.41 /

-1.24 (-1.81%)

11/05/20 Stifel
JFrog reported 'strong first print as a public company,' says Stifel
10/26/20 Stifel
SAP news impact may be company-specific for software sector, says Stifel
10/12/20 JPMorgan
JFrog initiated with an Overweight at JPMorgan
10/12/20 Morgan Stanley
JFrog initiated with an Equal Weight at Morgan Stanley
DDOG Datadog
$95.71 /

-4.13 (-4.14%)

11/23/20 KeyBanc
Datadog initiated with a Sector Weight at KeyBanc
11/23/20 KeyBanc
Datadog initiated with a Sector Weight at KeyBanc
11/23/20 Monness Crespi
Datadog initiated with a Neutral at Monness Crespi
11/11/20
Fly Intel: Top five analyst downgrades
SUMO Sumo Logic
$26.95 /

-2.11 (-7.26%)

FROG JFrog
$67.41 /

-1.24 (-1.81%)

DDOG Datadog
$95.71 /

-4.13 (-4.14%)

APPN Appian
$145.12 /

-8.7 (-5.66%)

  • 17
    Sep
  • 16
    Sep
  • 29
    May
DDOG Datadog
$95.71 /

-4.13 (-4.14%)

SUMO Sumo Logic
$26.95 /

-2.11 (-7.26%)

FROG JFrog
$67.41 /

-1.24 (-1.81%)

DDOG Datadog
$95.71 /

-4.13 (-4.14%)

APPN Appian
$145.12 /

-8.7 (-5.66%)

SUMO Sumo Logic
$26.95 /

-2.11 (-7.26%)

FROG JFrog
$67.41 /

-1.24 (-1.81%)

DDOG Datadog
$95.71 /

-4.13 (-4.14%)

APPN Appian
$145.12 /

-8.7 (-5.66%)

Recommendations
Sumo Logic price target raised to $34 from $29 at BTIG » 08:40
12/08/20
12/08
08:40
12/08/20
08:40
SUMO

Sumo Logic

$24.70 /

-5.4 (-17.94%)

BTIG analyst Gray Powell…

BTIG analyst Gray Powell raised the firm's price target on Sumo Logic to $34 from $29 and keeps a Buy rating on the shares. The company posted a "very strong" Q3 set of results and guided Q4 ahead of expectations, the analyst tells investors in a research note. Powell adds that Sumo Logic's billings growth looks to be re-accelerating after being negatively impacted by COVID-19 in the first half of the year, and he is turning more confident in the company's ability to maintain revenue growth of over 20% over the longer term.

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SUMO Sumo Logic
$24.70 /

-5.4 (-17.94%)

SUMO Sumo Logic
$24.70 /

-5.4 (-17.94%)

12/07/20 BTIG
Sumo Logic pullback likely due to confusion around earnings timing, says BTIG
11/17/20 Berenberg
Sumo Logic initiated with a Buy at Berenberg
10/12/20 William Blair
Sumo Logic initiated with an Outperform at William Blair
10/12/20 JPMorgan
Sumo Logic initiated with a Neutral at JPMorgan
SUMO Sumo Logic
$24.70 /

-5.4 (-17.94%)

  • 17
    Sep
SUMO Sumo Logic
$24.70 /

-5.4 (-17.94%)

SUMO Sumo Logic
$24.70 /

-5.4 (-17.94%)

Recommendations
Sumo Logic pullback likely due to confusion around earnings timing, says BTIG » 15:46
12/07/20
12/07
15:46
12/07/20
15:46
SUMO

Sumo Logic

$25.34 /

-4.76 (-15.81%)

BTIG analyst Gray Powell…

BTIG analyst Gray Powell notes that Sumo Logic shares are down in Monday afternoon trading after the company unexpectedly reported Q3 results around noon, stating that he sees it as likely the pullback is due to confusion around the timing of the release. However, the Q3 results were "much better than expected" and the Q4 outlook was also above Street estimates, said Powell, who views the report as "evidence of a reaccelleration in growth." Despite the "messy optics around the timing of the release," he sees the earnings release as a positive and reiterate his Buy rating on Sumo shares with a $29 price target.

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SUMO Sumo Logic
$25.34 /

-4.76 (-15.81%)

SUMO Sumo Logic
$25.34 /

-4.76 (-15.81%)

11/17/20 Berenberg
Sumo Logic initiated with a Buy at Berenberg
10/12/20 William Blair
Sumo Logic initiated with an Outperform at William Blair
10/12/20 JPMorgan
Sumo Logic initiated with a Neutral at JPMorgan
10/12/20 Morgan Stanley
Sumo Logic initiated with an Equal Weight at Morgan Stanley
SUMO Sumo Logic
$25.34 /

-4.76 (-15.81%)

  • 17
    Sep
SUMO Sumo Logic
$25.34 /

-4.76 (-15.81%)

SUMO Sumo Logic
$25.34 /

-4.76 (-15.81%)

Options
Sumo Logic options imply 16.6% move in share price post-earnings » 15:34
12/07/20
12/07
15:34
12/07/20
15:34
SUMO

Sumo Logic

$24.70 /

-5.4 (-17.94%)

Pre-earnings options…

Pre-earnings options volume in Sumo Logic is 15.2x normal with calls leading puts 7:3. Implied volatility suggests the market is anticipating a move near 16.6%, or $4.22, after results are released.

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SUMO Sumo Logic
$24.70 /

-5.4 (-17.94%)

SUMO Sumo Logic
$24.70 /

-5.4 (-17.94%)

11/17/20 Berenberg
Sumo Logic initiated with a Buy at Berenberg
10/12/20 William Blair
Sumo Logic initiated with an Outperform at William Blair
10/12/20 JPMorgan
Sumo Logic initiated with a Neutral at JPMorgan
10/12/20 Morgan Stanley
Sumo Logic initiated with an Equal Weight at Morgan Stanley
SUMO Sumo Logic
$24.70 /

-5.4 (-17.94%)

  • 17
    Sep
SUMO Sumo Logic
$24.70 /

-5.4 (-17.94%)

SUMO Sumo Logic
$24.70 /

-5.4 (-17.94%)

Earnings
Sumo Logic sees FY21 adjusted EPS (79c)-(78c), consensus 0c » 11:59
12/07/20
12/07
11:59
12/07/20
11:59
SUMO

Sumo Logic

$32.00 /

+1.9 (+6.31%)

Sees FY21 revenue…

Sees FY21 revenue $200.3M-$200.8M, consensus $196.47M. Sees revenue, excluding its largest revenue customer, between $185.9M-$186.4M, representing 29% growth year-over-year.

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SUMO Sumo Logic
$32.00 /

+1.9 (+6.31%)

SUMO Sumo Logic
$32.00 /

+1.9 (+6.31%)

11/17/20 Berenberg
Sumo Logic initiated with a Buy at Berenberg
10/12/20 William Blair
Sumo Logic initiated with an Outperform at William Blair
10/12/20 JPMorgan
Sumo Logic initiated with a Neutral at JPMorgan
10/12/20 Morgan Stanley
Sumo Logic initiated with an Equal Weight at Morgan Stanley
SUMO Sumo Logic
$32.00 /

+1.9 (+6.31%)

  • 17
    Sep
SUMO Sumo Logic
$32.00 /

+1.9 (+6.31%)

SUMO Sumo Logic
$32.00 /

+1.9 (+6.31%)

Earnings
Sumo Logic sees Q4 adjusted EPS (13c)-(12c), consensus (15c) » 11:58
12/07/20
12/07
11:58
12/07/20
11:58
SUMO

Sumo Logic

$32.11 /

+2.01 (+6.68%)

Sees Q4 revenue…

Sees Q4 revenue $51.8M-$52.3M, consensus $50.82M. Sees revenue, excluding its largest revenue customer, between $49.3M-$49.8M, representing 23% to 24% growth year-over-year.

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SUMO Sumo Logic
$32.11 /

+2.01 (+6.68%)

SUMO Sumo Logic
$32.11 /

+2.01 (+6.68%)

11/17/20 Berenberg
Sumo Logic initiated with a Buy at Berenberg
10/12/20 William Blair
Sumo Logic initiated with an Outperform at William Blair
10/12/20 JPMorgan
Sumo Logic initiated with a Neutral at JPMorgan
10/12/20 Morgan Stanley
Sumo Logic initiated with an Equal Weight at Morgan Stanley
SUMO Sumo Logic
$32.11 /

+2.01 (+6.68%)

  • 17
    Sep
SUMO Sumo Logic
$32.11 /

+2.01 (+6.68%)

SUMO Sumo Logic
$32.11 /

+2.01 (+6.68%)

Earnings
Sumo Logic reports Q3 adjusted EPS (6c), consensus (24c) » 11:57
12/07/20
12/07
11:57
12/07/20
11:57
SUMO

Sumo Logic

$32.00 /

+1.9 (+6.31%)

Reports Q3 revenue…

Reports Q3 revenue $51.9M, consensus $49.12M. "We delivered strong results in our first quarter as a public company as customers continue to choose Sumo Logic's Continuous Intelligence Platform to transform the tsunami of data generated from digital transformation into actionable insights," said Ramin Sayar, president and CEO of Sumo Logic.

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SUMO Sumo Logic
$32.00 /

+1.9 (+6.31%)

SUMO Sumo Logic
$32.00 /

+1.9 (+6.31%)

11/17/20 Berenberg
Sumo Logic initiated with a Buy at Berenberg
10/12/20 William Blair
Sumo Logic initiated with an Outperform at William Blair
10/12/20 JPMorgan
Sumo Logic initiated with a Neutral at JPMorgan
10/12/20 Morgan Stanley
Sumo Logic initiated with an Equal Weight at Morgan Stanley
  • 17
    Sep
SUMO Sumo Logic
$32.00 /

+1.9 (+6.31%)

SUMO Sumo Logic
$32.00 /

+1.9 (+6.31%)

Hot Stocks
Sumo Logic appoints Tracey Newell to board of directors » 09:36
12/07/20
12/07
09:36
12/07/20
09:36
SUMO

Sumo Logic

$30.10 /

+4.11 (+15.81%)

Sumo Logic announced the…

Sumo Logic announced the appointment of Tracey Newell to its board of directors as an independent board member to help guide Sumo Logic's growth and market leadership. As President of Informatica's global sales, marketing and customer success teams, she is instrumental in driving Informatica's growth engine.

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SUMO Sumo Logic
$30.10 /

+4.11 (+15.81%)

SUMO Sumo Logic
$30.10 /

+4.11 (+15.81%)

11/17/20 Berenberg
Sumo Logic initiated with a Buy at Berenberg
10/12/20 William Blair
Sumo Logic initiated with an Outperform at William Blair
10/12/20 JPMorgan
Sumo Logic initiated with a Neutral at JPMorgan
10/12/20 Morgan Stanley
Sumo Logic initiated with an Equal Weight at Morgan Stanley
  • 17
    Sep
SUMO Sumo Logic
$30.10 /

+4.11 (+15.81%)

SUMO Sumo Logic
$30.10 /

+4.11 (+15.81%)

Conference/Events
Jefferies to hold a virtual summit » 04:55
12/03/20
12/03
04:55
12/03/20
04:55
SUMO

Sumo Logic

$25.44 /

+0.35 (+1.39%)

Virtual Public Cloud…

Virtual Public Cloud Summit 2020 will be held on November 30-December 3. Webcast Link

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SUMO Sumo Logic
$25.44 /

+0.35 (+1.39%)

SUMO Sumo Logic
$25.44 /

+0.35 (+1.39%)

11/17/20 Berenberg
Sumo Logic initiated with a Buy at Berenberg
10/12/20 William Blair
Sumo Logic initiated with an Outperform at William Blair
10/12/20 JPMorgan
Sumo Logic initiated with a Neutral at JPMorgan
10/12/20 Morgan Stanley
Sumo Logic initiated with an Equal Weight at Morgan Stanley
  • 17
    Sep
SUMO Sumo Logic
$25.44 /

+0.35 (+1.39%)

SUMO Sumo Logic
$25.44 /

+0.35 (+1.39%)

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