Olo Inc. provides software-as-a-service platform for multi-location restaurants in the United States. The company's platform enables on-demand commerce operations, which cover digital ordering and delivery through online and mobile ordering modules. Its modules include Ordering, an on-demand commerce solution that enables consumers to order directly from and pay restaurants via mobile, web, kiosk, voice, and other digital channels; Dispatch, a fulfillment solution, which enables restaurants to offer, manage, and expand direct delivery; and Rails, an aggregator and channel management solution, which allows restaurants to control and syndicate menu, pricing, location data, and availability. The company was founded in 2005 and is headquartered in New York, New York.
IPO Year: 2021
Exchange: NYSE
Website: olo.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/15/2023 | $7.50 | Buy | Lake Street |
| 11/7/2023 | Outperform → Mkt Perform | William Blair | |
| 7/20/2023 | $9.00 | Neutral → Overweight | Piper Sandler |
| 6/16/2023 | Neutral | BTIG Research | |
| 10/19/2022 | $8.50 | Neutral | Goldman |
| 8/12/2022 | $12.00 → $9.00 | Buy → Hold | Stifel |
| 8/12/2022 | $13.00 → $9.00 | Overweight → Neutral | Piper Sandler |
| 2/24/2022 | $33.00 → $20.00 | Overweight | Piper Sandler |
| 1/12/2022 | $39.00 → $33.00 | Overweight | Piper Sandler |
| 8/11/2021 | $27.00 → $41.00 | Hold → Buy | Stifel |
Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced the launch of "Round Up Donations," enabling guests to effortlessly contribute to charitable causes during checkout. Piloted in collaboration with Tropical Smoothie Cafe, this feature allows guests to round up their order total to support No Kid Hungry, a national campaign working to end childhood hunger in America, or other nonprofit campaigns and organizations Olo brands wish to support. Round Up Donations is now accessible to all Olo customers who use its white-label ordering platform Serve, a fully responsive web experience designed to optimize the user experience for guests on any device. With the ability
Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants, today announced that senior management will present at the RBC Global Technology, Internet, Media and Telecommunications Conference in New York, NY. The presentation is scheduled for Wednesday, November 20, 2024 at 2:00 p.m. Eastern Time. The presentation will be webcast live, and replays will be available for a limited time under the "Events" section of Olo's investor relations website at https://investors.olo.com. About Olo Olo (NYSE:OLO) is a leading restaurant technology provider with ordering, payment, and guest engagement solutions that help brands increase orders, streamline operations, and improve the guest exp
Bojangles, the beloved Southern food brand long celebrated as a go-to for all kinds of gatherings, announced earlier this fall that its catering services are now available through the brand's website, powered by Olo, a leading restaurant technology provider. Extending its iconic rallying cry, "It's Bo Time," to every celebration and gathering occasion – from tailgates and family dinners to corporate meetings and special events – this new offering ensures fans can enjoy their favorite Bojangles menu items with ease, wherever they choose to gather. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112870032/en/Bojangles, the belov
New integration will automate menu updates across both tech platforms to save valuable time for restaurant operators Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced it will launch a new menu integration with ezCater, the #1 food tech platform for workplaces in the US, to simplify catering menu management. As the newest addition to Olo and ezCater's long-standing partnership, the integration will automate menu updates across both tech platforms, saving restaurants valuable time by reducing the need for manual updates. "Our partnership with ezCater empowers restaurants to optimize their catering business and deliver outstanding guest experiences more efficien
Revenue up 24%, ARPU up 15% Year-over-Year Ending Active Locations Reach Approximately 85,000 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, 2024. "Team Olo executed well on our top priorities in the third quarter and positioned us to complete a successful 2024. We continued to win, retain, and expand with brands, we drove further innovation across our Order, Pay, and Engage product suites — including the general availability of Olo Pay's card-present functionality on Qu point-of-sale systems — and we delivered revenue and bottom line performance that exceeded the high
Transition Represents New Era of Innovation and Growth LOUISVILLE, Ky., Nov. 1, 2024 /PRNewswire/ -- QSR Automations, a global leader in restaurant technology solutions, today announced a strategic, majority growth investment from Battery Ventures, a global, technology-focused investment firm. This investment represents a pivotal moment in QSR Automations' history, positioning the company for accelerated growth, enhanced innovation, and expanded market reach. Founded in 1996, QSR Automations has been at the forefront of developing innovative technology solutions for the resta
Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced that it will report its third quarter fiscal year 2024 financial results after the U.S. financial markets close on Thursday, November 7, 2024. In conjunction with this announcement, Olo will host a conference call Thursday, November 7, 2024 at 5:00 p.m. Eastern Time to discuss the Company's financial results and financial guidance. A live webcast of this conference call will be available on the "Investor Relations" website at investors.olo.com, and a replay will be archived on the website as well. About Olo Olo (NYSE:OLO) is a leading restaurant technology provider with ordering, payment, and guest engagement
Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants, today announced that Noah Glass, Founder and CEO, and Peter Benevides, CFO, will present at the Piper Sandler Growth Frontiers Conference in Nashville, TN. The presentation is scheduled for Wednesday, September 11, 2024 at 2:30 p.m. Eastern Time / 1:30 p.m. Central Time. The presentation will be webcast live, and replays will be available for a limited time under the "Events" section of Olo's investor relations website at https://investors.olo.com. About Olo Olo (NYSE:OLO) is a leading restaurant technology provider with ordering, payment, and guest engagement solutions that help brands increase orders, streamline oper
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, CO. The presentation is scheduled for Monday, August 5, 2024 at 1:30 p.m. Eastern Time / 11:30 a.m. Mountain Time. The presentation will be webcast live, and replays will be available for a limited time under the "Events" section of Olo's investor relations website at https://investors.olo.com. About Olo Olo (NYSE:OLO) is a leading restaurant technology provider with ordering, payment, and guest engagement solutions that help brands increase orders, streamline operations, and improve the guest experience. Each da
Revenue up 28%, ARPU up 19% Year-over-Year 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, 2024. "In Q2, Team Olo delivered another strong quarter of financial and operational performance. We generated revenue and non-GAAP operating income that exceeded the high-end of their respective guidance ranges, added new enterprise and emerging enterprise brands and expanded with existing customers, and announced another POS integration partnership for Olo Pay and Engage that moves Olo closer to supporting full-stack payment processing and data aggregation across off- and on-premis
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Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced the launch of "Round Up Donations," enabling guests to effortlessly contribute to charitable causes during checkout. Piloted in collaboration with Tropical Smoothie Cafe, this feature allows guests to round up their order total to support No Kid Hungry, a national campaign working to end childhood hunger in America, or other nonprofit campaigns and organizations Olo brands wish to support. Round Up Donations is now accessible to all Olo customers who use its white-label ordering platform Serve, a fully responsive web experience designed to optimize the user experience for guests on any device. With the ability
Bojangles, the beloved Southern food brand long celebrated as a go-to for all kinds of gatherings, announced earlier this fall that its catering services are now available through the brand's website, powered by Olo, a leading restaurant technology provider. Extending its iconic rallying cry, "It's Bo Time," to every celebration and gathering occasion – from tailgates and family dinners to corporate meetings and special events – this new offering ensures fans can enjoy their favorite Bojangles menu items with ease, wherever they choose to gather. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112870032/en/Bojangles, the belov
Streamlining Restaurant Operations with Integrated Self-Ordering and Payment Solutions BOCA RATON, Fla., July 30, 2024 /PRNewswire/ -- GRUBBRR, a leading provider of self-ordering technology, today announced its strategic partnership with Olo (NYSE:OLO), a leading restaurant technology provider with ordering, payment, and guest engagement solutions. This collaboration aims to elevate the onsite dining experience by combining GRUBBRR's extensive platform, which includes self-ordering kiosks and dynamic digital menu boards, with Olo's robust ordering and payment processing capabilities.
Voice AI from SoundHound understands natural human speech; Drives more orders and frees up employees SoundHound AI, Inc (NASDAQ:SOUN) ("SoundHound"), a global leader in voice artificial intelligence, today announced that it has integrated with Olo (NYSE:OLO), a leading restaurant SaaS provider, to make its technology available to any of the approximately 77,000 locations using Olo's solutions. Joining Olo's partner program, Olo Connect, now even more restaurants will be able to process voice orders placed at the drive thru, in-store kiosk, or over the phone with high speed and accuracy using artificial intelligence. This press release features multimedia. View the full release here: http
Adds Experienced Global Customer Leader with Proven Track Record of Accelerating Growth and Strong Execution to Accompany Olo's Next Chapter Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants that enables digital hospitality at every touchpoint, today announced the appointment of Diego Panama to Chief Revenue Officer, effective July 5, 2022, and the retirement of Marty Hahnfeld, Chief Customer Officer, effective June 30, 2022. Mr. Panama will assume the roles and responsibilities of Mr. Hahnfeld under the new title of Chief Revenue Officer. Appointment of Diego Panama The company has appointed Diego Panama to Chief Revenue Officer. Mr. Panama joins Olo from LiveRamp (NYSE:
Olo (NYSE:OLO), a leading on-demand e-commerce platform powering the restaurant industry's digital transformation, today announced the appointment of David Cancel, co-founder and CEO of Drift, to its Board of Directors, effective as of March 25, 2022. "We are incredibly pleased to welcome David to the Board of Directors," said Noah Glass, Founder & CEO of Olo. "David's deep experience in enterprise SaaS product innovation and his operational experience in executive leadership make him a great addition." Mr. Cancel is best known for creating hypergrowth products and product teams. Prior to co-founding Drift, he served as the Chief Product Officer at HubSpot and has spent much of his 25+ ye
Nithya B. Das promoted to Chief Operating Officer and Chief Legal Officer Matthew Tucker, President and Chief Operating Officer, to Retire on March 31, 2022 Olo Inc. (NYSE:OLO), a leading on-demand commerce platform powering the restaurant industry's digital transformation, today announced Nithya B. Das, the company's Chief Legal Officer, will assume the role of Chief Operating Officer, alongside her current role. Promotion of Nithya B. Das The company has promoted Nithya B. Das to Chief Operating Officer and Chief Legal Officer. Ms. Das is a seasoned technology executive with more than 15 years of experience in technology growth companies, corporate development, and operations. "I hav
Lake Street initiated coverage of Olo Inc. with a rating of Buy and set a new price target of $7.50
William Blair downgraded Olo Inc. from Outperform to Mkt Perform
Piper Sandler upgraded Olo Inc. from Neutral to Overweight and set a new price target of $9.00
BTIG Research initiated coverage of Olo Inc. with a rating of Neutral
Goldman initiated coverage of Olo Inc. with a rating of Neutral and set a new price target of $8.50
Stifel downgraded Olo Inc. from Buy to Hold and set a new price target of $9.00 from $12.00 previously
Piper Sandler downgraded Olo Inc. from Overweight to Neutral and set a new price target of $9.00 from $13.00 previously
Piper Sandler reiterated coverage of Olo with a rating of Overweight and set a new price target of $20.00 from $33.00 previously
Piper Sandler reiterated coverage of Olo with a rating of Overweight and set a new price target of $33.00 from $39.00 previously
Stifel upgraded Olo from Hold to Buy and set a new price target of $41.00 from $27.00 previously
Dutch Bros Inc. (NYSE:BROS) shares are trading higher Wednesday after the company posted better-than-expected first-quarter financial results and raised its full-year revenue guidance. The Details: Dutch Bros reported quarterly earnings of 9 cents per share which beat the analyst consensus estimate of 2 cents by 350%. Quarterly sales clocked in at $275.1 million, beating the analyst consensus estimate of $254.5 million by 8.09% and representing a 39.46% increase over sales of $197.27 million from the same period last year. The company delivered 10% same shop sales growth and tied its record for new shop openings. Company-operated shop revenues increased 43.3% to $248.1 million,
Gainers Soluna Holdings (NASDAQ:SLNH) shares moved upwards by 16.5% to $2.83 during Wednesday's pre-market session. The company's market cap stands at $10.7 million. RingCentral (NYSE:RNG) stock moved upwards by 13.33% to $33.99. The market value of their outstanding shares is at $3.1 billion. As per the press release, Q1 earnings came out yesterday. Mawson Infra Gr (NASDAQ:MIGI) stock rose 13.15% to $1.29. The market value of their outstanding shares is at $22.5 million. Cirrus Logic (NASDAQ:CRUS) stock increased by 12.47% to $102.5. The company's market cap stands at $5.5 billion. As per the news, the Q4 earnings report came out yesterday. Olo (NYSE:OLO) stock moved upwards by 9.38% t
Olo (NYSE:OLO) reported quarterly earnings of $0.05 per share which beat the analyst consensus estimate of $0.04 by 25 percent. This is a 150 percent increase over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $66.511 million which beat the analyst consensus estimate of $64.293 million by 3.45 percent. This is a 27.32 percent increase over sales of $52.240 million the same period last year.
Gainers RingCentral (NYSE:RNG) stock moved upwards by 13.0% to $33.9 during Tuesday's after-market session. The market value of their outstanding shares is at $3.1 billion. As per the news, the Q1 earnings report came out today. Cirrus Logic (NASDAQ:CRUS) shares increased by 10.83% to $101.0. The company's market cap stands at $5.4 billion. As per the news, the Q4 earnings report came out today. Synchronoss Technologies (NASDAQ:SNCR) stock rose 9.89% to $7.55. The market value of their outstanding shares is at $77.8 million. The company's, Q1 earnings came out today. Olo (NYSE:OLO) stock rose 9.8% to $5.15. The company's market cap stands at $829.3 million. The company's, Q1 earnings cam
Fast-growing drive-thru coffee chain implementing Olo's Order and Pay products at all 850 locationsDutch 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 out across all of its locations nationwide, Dutch Bros will deploy Olo Order and Pay to boost operational efficiency at the drive-thru and streamline the ordering and payment experience for guests."Our biggest priority is our people," said Leigh Gower, Chief Technology Officer at Dutch Bros. "As we seek out ways to enhance the drive-thru experience while maintaining our signature people-first culture, we're thrilled to partn
Revenue up 24%, ARPU up 15% Year-over-Year Ending Active Locations Reach Approximately 85,000 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, 2024. "Team Olo executed well on our top priorities in the third quarter and positioned us to complete a successful 2024. We continued to win, retain, and expand with brands, we drove further innovation across our Order, Pay, and Engage product suites — including the general availability of Olo Pay's card-present functionality on Qu point-of-sale systems — and we delivered revenue and bottom line performance that exceeded the high
Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced that it will report its third quarter fiscal year 2024 financial results after the U.S. financial markets close on Thursday, November 7, 2024. In conjunction with this announcement, Olo will host a conference call Thursday, November 7, 2024 at 5:00 p.m. Eastern Time to discuss the Company's financial results and financial guidance. A live webcast of this conference call will be available on the "Investor Relations" website at investors.olo.com, and a replay will be archived on the website as well. About Olo Olo (NYSE:OLO) is a leading restaurant technology provider with ordering, payment, and guest engagement
Revenue up 28%, ARPU up 19% Year-over-Year 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, 2024. "In Q2, Team Olo delivered another strong quarter of financial and operational performance. We generated revenue and non-GAAP operating income that exceeded the high-end of their respective guidance ranges, added new enterprise and emerging enterprise brands and expanded with existing customers, and announced another POS integration partnership for Olo Pay and Engage that moves Olo closer to supporting full-stack payment processing and data aggregation across off- and on-premis
Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced that it will report its second quarter fiscal year 2024 financial results after the U.S. financial markets close on Wednesday, July 31, 2024. In conjunction with this announcement, Olo will host a conference call Wednesday, July 31, 2024 at 5:00 p.m. Eastern Time to discuss the Company's financial results and financial guidance. A live webcast of this conference call will be available on the "Investor Relations" website at investors.olo.com, and a replay will be archived on the website as well. About Olo Olo Inc. (NYSE:OLO) is a leading restaurant technology provider with ordering, payment, and guest engage
Revenue up 27%, ARPU up 29% Year-over-Year 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 Q1, we got off to a great start in delivering on our 2024 financial targets, including 27% year-over-year revenue growth and non-GAAP operating margin expansion to 8%," said Noah Glass, Olo's Founder and CEO. "We are also very excited about our new partnerships with NCR Voyix and Qu, which move us closer to launching full-stack Pay functionality later this year and will expand our guest data access into non-digital transactions, where more than 80% of restaurant industry tr
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. financial markets close on Tuesday, May 7, 2024. In conjunction with this announcement, Olo will host a conference call Tuesday, May 7, 2024 at 5:00 p.m. Eastern Time to discuss the Company's financial results and financial guidance. A live webcast of this conference call will be available on the "Investor Relations" website at investors.olo.com, and a replay will be archived on the website as well. About Olo Olo Inc. (NYSE:OLO) is a leading restaurant technology provider with ordering, payment, and guest engagement solu
Full-Year 2023 Revenue of $228.3 million, up 23% Year-over-Year Fourth-Quarter Revenue of $63.0 million, up 27% Year-over-Year 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 2023 on a strong note by surpassing the high-end of both fourth-quarter revenue and non-GAAP operating income guidance, alongside notable enterprise deployments and continued product and platform innovation," said Noah Glass, Olo's Founder and CEO. "In 2024, we're focused on delivering balanced growth with increased profitability, while making strategic investments in product development, go
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.S. financial markets close on Wednesday, February 21, 2024. In conjunction with this announcement, Olo will host a conference call Wednesday, February 21, 2024 at 5:00 p.m. Eastern Time to discuss the Company's financial results and financial guidance. A live webcast of this conference call will be available on the "Investor Relations" website at investors.olo.com, and a replay will be archived on the website as well. About Olo Olo Inc. (NYSE:OLO) is a leading open SaaS platform for restaurants that enables hospita
Revenue up 22%, ARPU up 33% Year-over-Year 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. "In the third quarter, we continued to deliver on our 2023 goals. We generated strong financial results, continued to land and expand with enterprise and emerging enterprise brands, and drove innovation that helps our customers increase sales and provide superior guest experiences," said Noah Glass, Olo's Founder and CEO. "Our guidance reflects our confidence in building on our third quarter results, and we believe we are well positioned to help restaurant brands run their
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. financial markets close on Monday, November 6, 2023. In conjunction with this announcement, Olo will host a conference call Monday, November 6, 2023 at 5:00 p.m. Eastern Time to discuss the Company's financial results and financial guidance. A live webcast of this conference call will be available on the "Investor Relations" website at investors.olo.com, and a replay will be archived on the website as well. About Olo Olo Inc. (NYSE:OLO) is a leading open SaaS platform for restaurants that enables hospitality at every