Should I buy or sell OLO stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for OLO in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" OLO shares. View OLO analyst ratings or view top-rated stocks .

What is OLO's stock price target for 2024?

7 Wall Street research analysts have issued 1-year price targets for OLO's shares. Their OLO share price targets range from $7.50 to $11.00. On average, they predict the company's share price to reach $9.10 in the next twelve months. This suggests a possible upside of 95.1% from the stock's current price. View analysts price targets for OLO or view top-rated stocks among Wall Street analysts .

How have OLO shares performed in 2024?

OLO's stock was trading at $5.72 on January 1st, 2024. Since then, OLO shares have decreased by 18.4% and is now trading at $4.6650. View the best growth stocks for 2024 here .

When is OLO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our OLO earnings forecast .

How were OLO's earnings last quarter?

Olo Inc. (NYSE:OLO) released its earnings results on Wednesday, February, 21st. The company reported $0.05 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.05. The company earned $63 million during the quarter, compared to analyst estimates of $58.91 million. OLO had a negative trailing twelve-month return on equity of 2.96% and a negative net margin of 25.53%. OLO's revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.03) earnings per share.

What ETF holds OLO's stock?

WisdomTree Cloud Computing Fund holds 1,634,404 shares of OLO stock, representing 1.37% of its portfolio.

What guidance has OLO issued on next quarter's earnings?

OLO updated its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $64.0 million-$64.5 million, compared to the consensus revenue estimate of $60.7 million.

OLO (OLO) raised $306 million in an initial public offering (IPO) on Wednesday, March 17th 2021. The company issued 18,000,000 shares at a price of $16.00-$18.00 per share. Goldman Sachs, J.P. Morgan and RBC Capital Markets served as the underwriters for the IPO and Piper Sandler, The Raine Group, Stifel, Truist Securities and William Blair were co-managers.

Who are OLO's major shareholders?

OLO's stock is owned by many different institutional and retail investors. Top institutional investors include Norden Group LLC (0.35%), Los Angeles Capital Management LLC (0.19%), Allspring Global Investments Holdings LLC (0.02%) and Diversified Trust Co (0.02%). Insiders that own company stock include Andrew J Murray , Daniel Harris Meyer , Deanne Rhynard , Diego Panama, James D Iv Robinson, Joanna G Lambert, Marty D Hahnfeld , Matthew J Tucker , Nithya B Das , Noah H Glass , Peter J Benevides, Peter J Benevides , Robert Morvillo, Sherri Manning and Zuhairah Scott Washington. View institutional ownership trends .

How do I buy shares of OLO?

Shares of OLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:OLO

OLO (OLO) Stock Price, News & Analysis

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Free OLO Stock Alerts

$4.66

-0.03 (-0.64%)

(As of 04/19/2024 ET)

Compare

Today's Range: $4.64
▼
$4.74
50-Day Range: $4.67
▼
$6.10
52-Week Range: $4.25
▼
$8.84

Volume: 623,890 shs
Average Volume: 954,451 shs
Market Capitalization: $755.26 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.10

Get OLO alerts:

OLO MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 95.1% Upside
$9.10 Price Target
Short Interest: Healthy
2.90% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.50
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.10) to ($0.09) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.09 out of 5 stars

Computer And Technology Sector

297th out of 585 stocks

Business Services, Not Elsewhere Classified Industry

50th out of 89 stocks

3.3

Analyst's Opinion

Consensus Rating
OLO has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
OLO has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.90% of the float of OLO has been sold short.
Short Interest Ratio / Days to Cover
OLO has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in OLO has recently decreased by 11.41%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
OLO does not currently pay a dividend.
Dividend Growth
OLO does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OLO.

1.9

News and Social Media Coverage

News Sentiment
OLO has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for OLO this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for OLO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added OLO to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, OLO insiders have not sold or bought any company stock.
Percentage Held by Insiders
39.12% of the stock of OLO is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
93.40% of the stock of OLO is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for OLO are expected to grow in the coming year, from ($0.10) to ($0.09) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of OLO is -12.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of OLO is -12.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
OLO has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About OLO Stock (NYSE:OLO)

Olo Inc. operates an open SaaS platform for restaurants in the United States. The company's platform enables on-demand digital commerce operations, which cover digital ordering, delivery, front-of-house management, and payments. Its solutions include Order, a suite of solutions powering restaurant brands' on-demand commerce operations, enabling digital ordering, delivery, and channel management through ordering, dispatch, rails, switchboard, network, virtual brands, kiosk, catering, and sync modules; Engage, a suite of restaurant-centric marketing solutions optimizing guest lifetime value by strengthening and enhancing the restaurants' direct guest relationships, through the guest data platform, marketing, sentiment, and host modules; and Pay, a frictionless payment platform that enables restaurants to grow and protect their digital business through customer payment experience that offers advanced fraud prevention to improve authorization rates for valid transactions, and increase basket conversion through its Olo Pay module. The company was formerly known as Mobo Systems, Inc. and changed its name to Olo Inc. in January 2020. Olo Inc. was incorporated in 2005 and is headquartered in New York, New York.

OLO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OLO Stock News Headlines

April 19, 2024 | bizjournals.com

Anti-drone defense tech startup Allen Control Systems raises $12M

April 18, 2024 | msn.com

Three good-looking new locals for a low-key luxe night out

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.

April 18, 2024 | investorplace.com

7 Small-Cap Gems Under $10 Primed for 1,000% Growth

April 17, 2024 | markets.businessinsider.com

RBC Capital Reaffirms Their Buy Rating on Olo (OLO)

April 17, 2024 | finance.yahoo.com

At US$4.84, Is It Time To Put Olo Inc. (NYSE:OLO) On Your Watch List?

April 16, 2024 | businesswire.com

Sparkfly and Olo Team Up to Revolutionize Guest Engagement

April 12, 2024 | msn.com

Olo launches Smart Cross-Sells to boost sales at restaurants

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 12, 2024 | msn.com

The buzz is real: Six of the city’s best espresso martinis

April 11, 2024 | finance.yahoo.com

Olo Introduces Smart Cross-Sells to Increase Guest Engagement and Drive Sales

April 11, 2024 | businesswire.com

Olo Introduces Smart Cross-Sells to Increase Guest Engagement and Drive Sales

April 9, 2024 | marketwatch.com

Belgium Plans to Launch New October 2029 Government Bond

April 8, 2024 | msn.com

ERC increases Iftar meals at Sheikh Zayed Mosque in Indonesia to 12,000 daily

April 6, 2024 | msn.com

Yolo County hosting Expungement Clinic on April 11

April 5, 2024 | msn.com

Solo Leveling Dominance: New Data Reveals That Only 1% Of Viewers Will Drop The Show After Starting

April 4, 2024 | msn.com

Solo Leveling Fans Wonder Why Anime Left Out Key Part Of Manhwa

April 4, 2024 | msn.com

Plane makes emergency landing in Yolo County field

April 3, 2024 | msn.com

The best restaurant in Phoenix to satisfy your comfort food cravings, according to Yelp reviews

April 1, 2024 | msn.com

Solo Challenging Simulator Codes (March 2024)

March 29, 2024 | msn.com

Upcoming Deadline to Share in Olo Inc. (OLO) Class Action Settlement

March 21, 2024 | finance.yahoo.com

Does This Valuation Of Olo Inc. (NYSE:OLO) Imply Investors Are Overpaying?

March 18, 2024 | msn.com

Youngsters who created modern surfing | Ross Eric Gibson, Local History

March 15, 2024 | finance.yahoo.com

OLO Apr 2024 7.500 call

March 14, 2024 | msn.com

Solo Stove's Pi Prime pizza oven is $50 off for Pi Day

March 14, 2024 | businesswire.com

Kroll Settlement Administration Announces That a Proposed Class Action Settlement Has Been Reached in the Lawsuit Steamship Trade Association of Baltimore – International Longshoremen's Association Pension Fund V. Olo Inc.

March 13, 2024 | finance.yahoo.com

Antheia and Olon Continue Partnership for Biomanufacturing Antheia’s Pipeline of KSMs and APIs for Essential Medicines

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:OLO
CUSIP: N/A
CIK: 1431695
Web: www.olo.com
Phone: 212-260-0895
Fax: N/A
Employees: 683
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.10
High Stock Price Target: $11.00
Low Stock Price Target: $7.50
Potential Upside/Downside: +95.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.36)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-58,290,000.00
Net Margins: -25.53%
Pretax Margin: -25.43%
Return on Equity: -2.96%
Return on Assets: -2.61%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.84
Quick Ratio: 5.84

Sales & Book Value

Annual Sales: $228.29 million
Price / Sales: 3.31
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.99 per share
Price / Book: 1.17

Miscellaneous

Outstanding Shares: 161,900,000
Free Float: 98,562,000
Market Cap: $755.26 million
Optionable: Optionable
Beta: 1.28

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Key Executives

Mr. Noah Herbert Glass (Age 43)
Founder, CEO & Director
Comp: $522.69k
Mr. Peter J. Benevides (Age 43)
Chief Financial Officer
Comp: $406.24k
Mr. Diego Panama (Age 42)
Chief Revenue Officer
Comp: $614.17k
Ms. Joanna Lambert (Age 49)
Chief Operating Officer
Ms. Priya Thinagar
Executive Vice President of Technology
Mr. Gary J. Fuges C.F.A.
CFA, Senior Vice President of Investor Relations
Mr. Robert Morvillo (Age 45)
General Counsel & Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OLO Stock Analysis - Frequently Asked Questions

Should I buy or sell OLO stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for OLO in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" OLO shares.
View OLO analyst ratings or view top-rated stocks.
What is OLO's stock price target for 2024?: 7 Wall Street research analysts have issued 1-year price targets for OLO's shares. Their OLO share price targets range from $7.50 to $11.00. On average, they predict the company's share price to reach $9.10 in the next twelve months. This suggests a possible upside of 95.1% from the stock's current price.
View analysts price targets for OLO or view top-rated stocks among Wall Street analysts.
How have OLO shares performed in 2024?: OLO's stock was trading at $5.72 on January 1st, 2024. Since then, OLO shares have decreased by 18.4% and is now trading at $4.6650.
View the best growth stocks for 2024 here.
When is OLO's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our OLO earnings forecast.
How were OLO's earnings last quarter?: Olo Inc. (NYSE:OLO) released its earnings results on Wednesday, February, 21st. The company reported $0.05 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.05. The company earned $63 million during the quarter, compared to analyst estimates of $58.91 million. OLO had a negative trailing twelve-month return on equity of 2.96% and a negative net margin of 25.53%. OLO's revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.03) earnings per share.
What ETF holds OLO's stock?: WisdomTree Cloud Computing Fund holds 1,634,404 shares of OLO stock, representing 1.37% of its portfolio.

What guidance has OLO issued on next quarter's earnings?: OLO updated its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $64.0 million-$64.5 million, compared to the consensus revenue estimate of $60.7 million.
When did OLO IPO?: OLO (OLO) raised $306 million in an initial public offering (IPO) on Wednesday, March 17th 2021. The company issued 18,000,000 shares at a price of $16.00-$18.00 per share. Goldman Sachs, J.P. Morgan and RBC Capital Markets served as the underwriters for the IPO and Piper Sandler, The Raine Group, Stifel, Truist Securities and William Blair were co-managers.
Who are OLO's major shareholders?: OLO's stock is owned by many different institutional and retail investors. Top institutional investors include Norden Group LLC (0.35%), Los Angeles Capital Management LLC (0.19%), Allspring Global Investments Holdings LLC (0.02%) and Diversified Trust Co (0.02%). Insiders that own company stock include Andrew J Murray, Daniel Harris Meyer, Deanne Rhynard, Diego Panama, James D Iv Robinson, Joanna G Lambert, Marty D Hahnfeld, Matthew J Tucker, Nithya B Das, Noah H Glass, Peter J Benevides, Peter J Benevides, Robert Morvillo, Sherri Manning and Zuhairah Scott Washington.
View institutional ownership trends.
How do I buy shares of OLO?: Shares of OLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:OLO) was last updated on 4/19/2024 by MarketBeat.com Staff

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