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Olo (OLO) Soars 14.8%: Is Further Upside Left in the Stock?
Olo Olo (US:OLO) ZACKSยท2025-05-02 15:20

Company Overview - Olo Inc. (OLO) shares increased by 14.8% to close at $7.12, driven by notable trading volume, contrasting with a modest 0.2% gain over the past four weeks [1] - The company is experiencing strong growth in gross merchandise volume, an expanded customer base, and a growing product portfolio, including Olo Pay and Catering Plus [1] Earnings Expectations - Olo is projected to report quarterly earnings of $0.06 per share, reflecting a year-over-year increase of 20% [2] - Expected revenues for the upcoming quarter are $77.52 million, which represents a 16.6% increase compared to the same quarter last year [2] Stock Performance Insights - The consensus EPS estimate for Olo has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - Olo currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Industry Comparison - Olo is part of the Zacks Internet - Software industry, where Diebold Nixdorf, Incorporated (DBD) also operates [3] - Diebold Nixdorf's consensus EPS estimate for the upcoming report is $0.55, which is a decrease of 53.8% compared to the previous year [4] - Diebold Nixdorf also holds a Zacks Rank of 3 (Hold), indicating a similar neutral outlook within the industry [4]