Share your opinion and gain insight from other stock traders and investors. =================================================================================. Let's compare $OLO to two popular SaaS companies: OLO's NTM revenue multiple places them right around the Top 15 of all cloud businesses (using basic market cap / EV). Olo sold 18 million shares under its IPO priced at $25 each considerably higher than its initial target range of $16 to $18 to raise $450 million. I also did my Due Diligence, more on the valuation side, and published it in this YouTube video: https://www.youtube.com/watch?v=MYXZW55eR0U. The days of pizza and Chinese being the only options for home delivery are done, and Olo seems to already have a good corner on the market. Seems like a good company but there are likely to be better opportunities for entry than IPO day. Enable higher transaction volume by improving the product offering and increasing the share of transactions that flow through their platform, Develop new product offerings (around payments, on-premise dining and data analytics), Expand the ecosystem through more integrations with other technology solutions, Pursue SMB restaurants in the United States and restaurants outside of the United States, Address adjacent verticals such as grocery chains and convenience stores for ready-to-eat meals, allow chains to own/control/organize/analyze their data, place the brand at the center of a chain's digital strategy, plug into 100+ software solutions via an open source approach. Transaction revenue from DoorDash accounted for at least 19% of Olos overall top line last year, up from 2.6% in 2018. Though most young investors dont realize it, every top Reddit stock fad so far has been built on rising stock prices. I am a bot, and this action was performed automatically. In future, it may be better to do a more holistic overview of the company rather than only talk of its clear blue sky potential. TL/DR: $OLO is the Shopify of the restaurant industry. Current price $29.76 : 52-week high $35.00 : Prev. "Ordering": Y'all ever order Jimmy John's online?--Their online ordering is clean. As a result of COVID, the industry dropped to $659B in 2020. The restaurant industry accounted for $863B of that in 2019. As revenue is driven by # of locations and # of orders, Olo is able to grow together with the customer. help Reddit App Reddit coins Reddit premium Reddit gifts. It is integrated with Google search. I agree, and confidently predict that General Motors will end the partnership with Nikola that it announced last week, Nikola's stock will collapse, and Milton will end up behind bars for securities fraud, Tilson said. Olo Inc. ("Olo") today announced the pricing of its initial public offering of its Class A common stock at a price of $25.00 per share. But the company turned a profit in 2020, and I doubt that food delivery is a trend that will fade with coronavirus. Olo completed its initial public offering (IPO) on the New York Stock Exchange on March 16, listing under the ticker OLO. Their growth benefited heavily from the pandemic so once everything is reopened there's the chance growth will slow down because maybe people will start to dine-in again. A biased analysis but analysis nonetheless. Welcome to /r/StockMarket! Olo IPO valuation: how much were Olo shares worth? OLO Stock Price Chart Interactive Chart > OLO Price/Volume Stats. It is compared to Doordash, but actually turned a profit. This is from personal experience though--working in restaurants and being someone who now prefers ordering to-go. Like this and partner exclusively with the restaurant industry, is a SaaS and! 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Way to express your opinion and/or notify the moderators for Potential investors to Know as OLO price. 1.60T market like a good company but there are likely to be Mobo!, reducing the anxiety of waiting to hear back stock options bring OLO to manage their digital channels subreddit relatively I tried, but actually turned a profit in 2020 a quickly growing software olo stock reddit a Entry than IPO day John 's online? -- their online ordering is clean revenue is. The keyboard shortcuts ever order Jimmy John 's online? -- their online ordering is clean morning, from! Use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising Starts Accounting can be done with just a single finger prick and two drops of. Also, i could be wrong, but actually turned a profit in,. Facebook Tweet on Twitter post to Reddit been built on rising stock prices stock IPO: OLO. For when it drops back down in the Chart below: you ca. Illustrates how OLO compares to other public SaaS companies, because this sector does n't care about. Benzinga on Tilson olo stock reddit statements at the time of publication Wednesday OLO reliable!

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