Olo Inc. (OLO)

NYSE: OLO · IEX Real-Time Price · USD
4.920
+0.220 (4.68%)
Apr 23, 2024, 4:00 PM EDT - Market closed
4.68%
Market Cap 796.54M
Revenue (ttm) 228.29M
Net Income (ttm) -58.29M
Shares Out 161.90M
EPS (ttm) -0.36
PE Ratio n/a
Forward PE 25.02
Dividend n/a
Ex-Dividend Date n/a
Volume 1,326,170
Open 4.690
Previous Close 4.700
Day's Range 4.690 - 4.940
52-Week Range 4.250 - 8.840
Beta 1.28
Analysts Buy
Price Target 9.58 (+94.72%)
Earnings Date May 7, 2024

About 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 market... [Read more]

Sector Technology
IPO Date Mar 17, 2021
Employees 683
Stock Exchange NYSE
Ticker Symbol OLO
Full Company Profile

Financial Performance

In 2023, Olo Inc.'s revenue was $228.29 million, an increase of 23.13% compared to the previous year's $185.40 million. Losses were -$58.29 million, 26.8% more than in 2022.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for OLO stock is "Buy." The 12-month stock price forecast is $9.58, which is an increase of 94.72% from the latest price.

Price Target
$9.58
(94.72% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Olo Announces Date of First Quarter Fiscal Year 2024 Earnings Call

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE: OLO), a leading restaurant technology provider, today announced that it will report its first quarter fiscal year 2024 financial results after the U.S. finan...

1 day ago - Business Wire

Levi & Korsinsky, LLP Notifies Shareholders of Olo Inc. (OLO) an Upcoming Claims Deadline in a Class Action Settlement

NEW YORK, NY / ACCESSWIRE / April 18, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Olo Inc. (NYSE:OLO). The settlement pr...

5 days ago - Accesswire

Sparkfly and Olo Team Up to Revolutionize Guest Engagement

ATLANTA--(BUSINESS WIRE)--Sparkfly, an award-winning retail technology solutions company, has forged a strategic partnership with Olo (NYSE: OLO), a leading restaurant technology provider, to create t...

7 days ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced Smart Cross-Sells, a new ordering feature empowering brands to increase guest engagement and a...

12 days ago - Business Wire

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.

NEW YORK--(BUSINESS WIRE)--Proposed Class Action Settlement Reached in Steamship Trade Association of Baltimore–International Longshoremen's Association Pension Fund V. Olo Inc.

5 weeks ago - Business Wire

Olo and Qu Announce Revolutionary Partnership: Enabling Data-Driven Hospitality for Restaurants

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced an expanded partnership with Qu, the restaurant technology company pioneering the industry's f...

6 weeks ago - Business Wire

Olo to Present at the Citi FinTech Conference

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced that Noah Glass, Founder and CEO, and Peter Benevides, CFO, will present at the Citi FinTech C...

2 months ago - Business Wire

Olo Announces Fourth-Quarter and Full-Year 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced financial results for the fourth-quarter and full-year ended December 31, 2023. “We finished 2...

2 months ago - Business Wire

Olo Announces Date of Fourth Quarter and Fiscal Year 2023 Earnings Call

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE: OLO), a leading open SaaS platform for restaurants, today announced that it will report its fourth quarter and fiscal year 2023 financial results after the U...

2 months ago - Business Wire

Olo Expands Borderless Availability to All Brands on Serve

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants, today announced the expansion of Borderless, Olo's seamless guest account and checkout functionality, to a...

3 months ago - Business Wire

Olo to Present at the ICR Conference

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants, today announced that Peter Benevides, CFO, and Jo Lambert, COO, will present at the ICR Conference in Orla...

4 months ago - Business Wire

SHAREHOLDER ALERT: Olo Inc. (OLO) Officers and Directors Under Investigation for Possible False Statements and Breaches of Fiduciary Duty

SAN FRANCISCO , Dec. 12, 2023 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential derivative claims on behalf of shareholders of Olo Inc. (NYSE: OLO) relating to possible false a...

4 months ago - PRNewsWire

Reminder for Olo Inc. Investors: Contact Robbins LLP for Information About Your Rights

SAN DIEGO--(BUSINESS WIRE)---- $OLO #OloInc--Class Action Lawsuit Against Olo Inc. Allowed to Proceed.

4 months ago - Business Wire

Olo to Present at Upcoming Investor Conferences

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants, today announced that Peter Benevides, CFO, will present at the following investor conferences: The RBC Glo...

5 months ago - Business Wire

Olo Q3: Item-Level Guest Data Collection Is Launchpad for 6x Card-Present Opportunity

Olo executives told investors on the company's third quarter 2023 earnings call on Monday (Nov. 6) that they anticipate card-present transactions to become a key growth driver for its Olo Pay service ...

6 months ago - PYMNTS

Olo Announces Third Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO) (“Olo” or the “Company”), a leading open SaaS platform for restaurants, today announced financial results for the third quarter ended September 30, 2023....

6 months ago - Business Wire

Olo Announces Date of Third Quarter Fiscal Year 2023 Earnings Call

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE: OLO), a leading open SaaS platform for restaurants, today announced that it will report its third quarter fiscal year 2023 financial results after the U.S. f...

6 months ago - Business Wire

Olo Introduces Catering+ to Streamline Bulk Ordering and Drive Additional Revenue for Restaurant Brands

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants, today announced the launch of Catering+, an enterprise-grade solution purpose-built to enable seamless ord...

6 months ago - Business Wire

SoundHound and Olo Partner to Provide Voice AI Ordering to Restaurants

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #restaurantAI--SoundHound AI, Inc (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, today announced that it has integrated...

Other symbols: SOUN
7 months ago - Business Wire

Olo to Present at the Piper Sandler Growth Frontiers Conference

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants, today announced that Peter Benevides, CFO, will present at the Piper Sandler Growth Frontiers Conference i...

8 months ago - Business Wire

Olo to Present at the KeyBanc Technology Leadership Forum

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants, today announced that Peter Benevides, CFO, will present at the KeyBanc Technology Leadership Forum in Vail...

9 months ago - Business Wire

Olo Announces Second Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO) (“Olo” or the “Company”), a leading open SaaS platform for restaurants, today announced financial results for the second quarter ended June 30, 2023. “Ou...

9 months ago - Business Wire

Olo Announces Date of Second Quarter Fiscal Year 2023 Earnings Call

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE: OLO), a leading open SaaS platform for restaurants, today announced that it will report its second quarter fiscal year 2023 financial results after the U.S. ...

10 months ago - Business Wire

Olo Launches Card-Present Payment Processing via Kiosks to optimize in-store ordering experience and simplify payments management

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants that enables hospitality at every guest touchpoint, today announced the launch of ten product enhancements ...

10 months ago - Business Wire

WOWorks Unveils Seven New Virtual Brands

Parent Company of Better-For-You Fast Casual Restaurants Expands Digital Ordering Presence though Partnership with Olo to Introduce New Online-only Delivery and Takeout Concepts ST. PETERSBURG, Fla.

10 months ago - PRNewsWire