Olo Inc. (OLO)
NYSE: OLO · Real-Time Price · USD
7.00
+0.51 (7.86%)
At close: Nov 21, 2024, 4:00 PM
7.01
+0.01 (0.13%)
After-hours: Nov 21, 2024, 5:53 PM EST
Olo Inc. Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Olo Inc. stock have an average target of 8.33, with a low estimate of 8.00 and a high estimate of 9.00. The average target predicts an increase of 19.00% from the current stock price of 7.00.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 1, 2024.
Analyst Ratings
The average analyst rating for Olo Inc. stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 3 | 3 | 2 | 2 | 2 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 6 | 6 | 6 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy Maintains $8.5 → $9 | Strong Buy | Maintains | $8.5 → $9 | +28.57% | Aug 1, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $7 → $8 | Buy | Maintains | $7 → $8 | +14.29% | Aug 1, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $8 | Buy | Maintains | $8 | +14.29% | Aug 1, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $8 | Buy | Reiterates | $8 | +14.29% | Mar 11, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $7 → $8 | Buy | Maintains | $7 → $8 | +14.29% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
283.16M
from 228.29M
Increased by 24.04%
Revenue Next Year
326.69M
from 283.16M
Increased by 15.37%
EPS This Year
0.21
from -0.36
EPS Next Year
0.24
from 0.21
Increased by 16.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 295.7M | 348.9M | 423.3M |
| Avg | 283.2M | 326.7M | 396.8M |
| Low | 273.9M | 303.6M | 375.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.5% | 23.2% | 29.6% |
| Avg | 24.0% | 15.4% | 21.5% |
| Low | 20.0% | 7.2% | 14.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.25 | 0.34 | 0.38 |
| Avg | 0.21 | 0.24 | 0.32 |
| Low | 0.19 | 0.18 | 0.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 61.4% | 56.2% |
| Avg | - | 16.2% | 33.5% |
| Low | - | -11.5% | 13.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.