Analyst Price Target is $8.90
▲ +53.98% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for OLO in the last 3 months. The average price target is $8.90, with a high forecast of $11.00 and a low forecast of $7.00. The average price target represents a 53.98% upside from the last price of $5.78.
Current Consensus is
The current consensus among 7 polled investment analysts is to moderate buy stock in OLO. This Moderate Buy consensus rating has held steady for over two years.
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.