Olo Inc. (OLO)

NYSE: OLO · IEX Real-Time Price · USD
4.820
+0.220 (4.78%)
Jul 16, 2024, 12:31 PM EDT - Market open
4.78%
Market Cap 754.44M
Revenue (ttm) 242.56M
Net Income (ttm) -46.94M
Shares Out 160.52M
EPS (ttm) -0.29
PE Ratio n/a
Forward PE 22.99
Dividend n/a
Ex-Dividend Date n/a
Volume 312,205
Open 4.670
Previous Close 4.600
Day's Range 4.670 - 4.850
52-Week Range 4.200 - 8.840
Beta 1.26
Analysts Buy
Price Target 9.10 (+88.8%)
Earnings Date Jul 30, 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 6 analysts, the average rating for OLO stock is "Buy." The 12-month stock price forecast is $9.1, which is an increase of 88.80% from the latest price.

Price Target
$9.1
(88.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Bottle Rocket and Olo Join Forces to Help Restaurants Create Better Digital Experiences

DALLAS , July 15, 2024 /PRNewswire/ -- Bottle Rocket, a proven, global digital product agency and part of the WPP worldwide network is thrilled to announce a new strategic partnership with Olo (NYSE: ...

1 day ago - PRNewsWire

Time Sensitive - Reminder from Levi & Korsinsky, LLP to File Claim for Share of Olo Inc. (OLO) Settlement Fund Before Deadline

NEW YORK, NY / ACCESSWIRE / July 2, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Olo Inc. (NYSE:OLO). The settlement prov...

13 days ago - Accesswire

Olo Inc. (OLO) Shareholders - L&K, LLP Encourages you to File a Claim Against the Settlement Fund Before Deadline

NEW YORK, NY / ACCESSWIRE / June 25, 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...

20 days ago - Accesswire

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

NEW YORK, NY / ACCESSWIRE / June 20, 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...

25 days ago - Accesswire

Deadline Approaching for Receiving Share of Olo Inc. (OLO) Recovery - Contact Levi & Korsinsky, LLP for Further Details

NEW YORK, NY / ACCESSWIRE / June 11, 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 weeks ago - Accesswire

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

NEW YORK, NY / ACCESSWIRE / May 30, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Olo Inc. (NYSE: OLO). The settlement pro...

6 weeks ago - Accesswire

TRAY and Olo Deepen Partnership to Enable Restaurants to Better Know and Serve Their Guests Through Digitally Personalized Experiences

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced an expanded partnership with TRAY, an innovative Point of Sale and restaurant management platf...

2 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 senior management will present at the following investor conferences: The Needham Tec...

2 months ago - Business Wire

Olo Announces First Quarter 2024 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 first quarter ended March 31, 2024. “In...

2 months ago - Business Wire

Dutch Bros Partners with Olo to Offer Mobile App Ordering and Payment

NEW YORK--(BUSINESS WIRE)--Dutch Bros has selected Olo (NYSE: OLO), a leading restaurant technology provider, to enable seamless ordering and payment through its mobile app for the first time. Rolling...

2 months ago - Business Wire

NCR Voyix and Olo Expand Long-Standing Partnership to Satisfy Restaurants' Guest Data Needs

ATLANTA--(BUSINESS WIRE)---- $VYX #Restaurants--NCR Voyix (NYSE: VYX), a leading global provider of digital commerce solutions, and Olo (NYSE: OLO), a leading restaurant technology provider, are expan...

Other symbols: VYX
2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months 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...

3 months 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.

4 months 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...

4 months 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...

5 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...

5 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...

5 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...

6 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...

6 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...

7 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.

7 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 ...

9 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....

9 months ago - Business Wire