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Olo Inc has a consensus price target of $9.44 based on the ratings of 10 analysts. The high is $12 issued by Truist Securities on June 15, 2023. The low is $8 issued by RBC Capital on August 1, 2024. The 3 most-recent analyst ratings were released by Lake Street, RBC Capital, and Piper Sandler on August 1, 2024, respectively. With an average price target of $8.33 between Lake Street, RBC Capital, and Piper Sandler, there's an implied 26.94% upside for Olo Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Olo (NYSE:OLO) was reported by Lake Street on August 1, 2024. The analyst firm set a price target for $9.00 expecting OLO to rise to within 12 months (a possible 37.09% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Olo (NYSE:OLO) was provided by Lake Street, and Olo maintained their buy rating.
The last upgrade for Olo Inc happened on July 20, 2023 when Piper Sandler raised their price target to $9. Piper Sandler previously had a neutral for Olo Inc.
The last downgrade for Olo Inc happened on November 7, 2023 when William Blair changed their price target from N/A to N/A for Olo Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Olo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Olo was filed on August 1, 2024 so you should expect the next rating to be made available sometime around August 1, 2025.
While ratings are subjective and will change, the latest Olo (OLO) rating was a maintained with a price target of $8.50 to $9.00. The current price Olo (OLO) is trading at is $6.57, which is out of the analyst’s predicted range.
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