Should I buy or sell OLO stock right now?

7 Wall Street 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 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 equities research analysts have issued 12-month 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 year. This suggests a possible upside of 90.8% 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 at the beginning of the year. Since then, OLO shares have decreased by 16.6% and is now trading at $4.77. View the best growth stocks for 2024 here .

Are investors shorting OLO?

OLO saw a drop in short interest in April. As of April 30th, there was short interest totaling 2,400,000 shares, a drop of 14.6% from the April 15th total of 2,810,000 shares. Based on an average daily trading volume, of 994,700 shares, the short-interest ratio is currently 2.4 days. Currently, 2.4% of the shares of the stock are sold short. View OLO's Short Interest .

When is OLO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our OLO earnings forecast .

How were OLO's earnings last quarter?

Olo Inc. (NYSE:OLO) issued its earnings results on Tuesday, May, 7th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.05 by $0.00. The company earned $66.51 million during the quarter, compared to the consensus estimate of $64.22 million. OLO had a negative net margin of 19.35% and a negative trailing twelve-month return on equity of 1.56%. The company's revenue for the quarter was up 27.3% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.06) earnings per share.

What ETF holds OLO's stock?

WisdomTree Cloud Computing Fund holds 1,555,481 shares of OLO stock, representing 1.32% of its portfolio.

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

OLO updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $67.5 million-$68.0 million, compared to the consensus revenue estimate of $66.2 million.

OLO (OLO) raised $306 million in an IPO on Wednesday, March 17th 2021. The company issued 18,000,000 shares at $16.00-$18.00 per share. Goldman Sachs, J.P. Morgan and RBC Capital Markets acted 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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.87%), Brown Capital Management LLC (7.44%), Silvercrest Asset Management Group LLC (0.54%), Norden Group LLC (0.35%), Rice Hall James & Associates LLC (0.23%) and Los Angeles Capital Management LLC (0.19%). 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

$4.75

-0.13 (-2.66%)

(As of 01:39 PM ET)

Compare

Today's Range: $4.73
▼
$4.88
50-Day Range: $4.62
▼
$5.62
52-Week Range: $4.25
▼
$8.84

Volume: 297,533 shs
Average Volume: 985,450 shs
Market Capitalization: $762.46 million

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

OLO MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 90.8% Upside
$9.10 Price Target
Short Interest: Healthy
2.38% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.52
Based on 11 Articles This Week
Insider Trading: Selling Shares
$188,000 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.08) to ($0.07) 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.

3.44 out of 5 stars

Computer And Technology Sector

243rd out of 584 stocks

Business Services, Not Elsewhere Classified Industry

45th out of 91 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.
Read more about OLO's stock forecast and price target.

5.0

Short Interest

Percentage of Shares Shorted
2.38% 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 2.4, 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 14.59%, 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.

2.0

News and Social Media Coverage

News Sentiment
OLO has a news sentiment score of 0.52. 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 11 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 0% 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 0% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, OLO insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $188,000.00 in 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.
Read more about OLO's insider trading history.

0.6

Earnings and Valuation

Earnings Growth
Earnings for OLO are expected to grow in the coming year, from ($0.08) to ($0.07) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of OLO is -16.45, 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 -16.45, 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 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Read more about OLO's valuation and earnings.

See Top Rated MarketRank™ Stocks Here

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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

May 15, 2024 | insidertrades.com

Olo Inc. (NYSE:OLO) CRO Diego Panama Sells 40,000 Shares

May 20 at 9:20 AM | finance.yahoo.com

Olo and TRAY partner to streamline digital payments for restaurants

May 17 at 9:00 AM | businesswire.com

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

May 16, 2024 | msn.com

On the house: Eight great aperitivo hours for free snacks while you sip

May 16, 2024 | americanbankingnews.com

Olo Inc. (NYSE:OLO) Given Consensus Rating of "Moderate Buy" by Analysts

May 14, 2024 | msn.com

Bank to Sell TÅ¡olo's Property

May 14, 2024 | finance.yahoo.com

Insider Sale: Chief Revenue Officer Diego Panama Sells 40,000 Shares of Olo Inc (OLO)

May 14, 2024 | businesswire.com

Olo to Present at Upcoming Investor Conferences

May 13, 2024 | americanbankingnews.com

Olo Inc. (NYSE:OLO) Short Interest Update

May 9, 2024 | seekingalpha.com

Olo: Turning Positive On Beat-And-Raise Quarter (Rating Upgrade)

May 9, 2024 | investorplace.com

IMOS Stock Earnings: ChipMOS TECHNOLOGIES Reported Results for Q1 2024

May 8, 2024 | finance.yahoo.com

Q1 2024 Olo Inc Earnings Call

May 8, 2024 | finance.yahoo.com

Why Is Olo (OLO) Stock Rocketing Higher Today

May 8, 2024 | finance.yahoo.com

Olo Inc. (NYSE:OLO) Q1 2024 Earnings Call Transcript

May 8, 2024 | finance.yahoo.com

Olo Inc (OLO) Q1 2024 Earnings Call Transcript Highlights: Robust Growth and Strategic Advances

May 7, 2024 | investorplace.com

OLO Stock Earnings: Olo Beats EPS, Beats Revenue for Q1 2024

May 7, 2024 | seekingalpha.com

Olo Inc. 2024 Q1 - Results - Earnings Call Presentation

May 7, 2024 | finance.yahoo.com

Olo's (NYSE:OLO) Q1: Beats On Revenue, Stock Soars

May 7, 2024 | businesswire.com

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

May 7, 2024 | businesswire.com

Olo Announces First Quarter 2024 Financial Results

May 7, 2024 | markets.businessinsider.com

Olo A is about to announce earnings — here's what Wall Street expects

May 6, 2024 | finance.yahoo.com

Olo (OLO) To Report Earnings Tomorrow: Here Is What To Expect

May 3, 2024 | msn.com

John Mayer, RHCP's Chad Smith, and more honor Sammy Hagar at Hollywood Walk of Fame

May 2, 2024 | businesswire.com

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

May 1, 2024 | msn.com

Kuria Kimani: Why TikTok Should Stay, According to Molo MP

See More Headlines

Company Calendar

Last Earnings: 5/07/2024
Today: 5/20/2024
Next Earnings (Estimated): 8/06/2024
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: +90.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.29)
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: -19.35%
Pretax Margin: -19.25%
Return on Equity: -1.56%
Return on Assets: -1.38%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.92
Quick Ratio: 5.92

Sales & Book Value

Annual Sales: $242.56 million
Price / Sales: 3.16
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.99 per share
Price / Book: 1.20

Miscellaneous

Outstanding Shares: 160,517,000
Free Float: 97,723,000
Market Cap: $765.67 million
Optionable: Optionable
Beta: 1.29

Key Executives

Mr. Noah Herbert Glass (Age 42)
Founder, CEO & Director
Comp: $1.03M
Mr. Peter J. Benevides (Age 43)
Chief Financial Officer
Comp: $681.97k

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 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 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 equities research analysts have issued 12-month 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 year. This suggests a possible upside of 90.8% 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 at the beginning of the year. Since then, OLO shares have decreased by 16.6% and is now trading at $4.77.
View the best growth stocks for 2024 here.
Are investors shorting OLO?: OLO saw a drop in short interest in April. As of April 30th, there was short interest totaling 2,400,000 shares, a drop of 14.6% from the April 15th total of 2,810,000 shares. Based on an average daily trading volume, of 994,700 shares, the short-interest ratio is currently 2.4 days. Currently, 2.4% of the shares of the stock are sold short.
View OLO's Short Interest.
When is OLO's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our OLO earnings forecast.
How were OLO's earnings last quarter?: Olo Inc. (NYSE:OLO) issued its earnings results on Tuesday, May, 7th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.05 by $0.00. The company earned $66.51 million during the quarter, compared to the consensus estimate of $64.22 million. OLO had a negative net margin of 19.35% and a negative trailing twelve-month return on equity of 1.56%. The company's revenue for the quarter was up 27.3% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.06) earnings per share.

What ETF holds OLO's stock?: WisdomTree Cloud Computing Fund holds 1,555,481 shares of OLO stock, representing 1.32% of its portfolio.
What guidance has OLO issued on next quarter's earnings?: OLO updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $67.5 million-$68.0 million, compared to the consensus revenue estimate of $66.2 million.
When did OLO IPO?: OLO (OLO) raised $306 million in an IPO on Wednesday, March 17th 2021. The company issued 18,000,000 shares at $16.00-$18.00 per share. Goldman Sachs, J.P. Morgan and RBC Capital Markets acted 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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.87%), Brown Capital Management LLC (7.44%), Silvercrest Asset Management Group LLC (0.54%), Norden Group LLC (0.35%), Rice Hall James & Associates LLC (0.23%) and Los Angeles Capital Management LLC (0.19%). 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 5/20/2024 by MarketBeat.com Staff

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OLO (OLO) Stock Price, News & Analysis

OLO MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Insiders

Percentage Held by Institutions

Earnings and Valuation

Earnings Growth

Price to Earnings Ratio vs. the Market

Price to Earnings Ratio vs. Sector

Price to Book Value per Share Ratio

About OLO Stock (NYSE:OLO)

OLO Stock Price History

OLO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

OLO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™