FY2025 EPS Estimates for Oklo Decreased by Cantor Fitzgerald

Oklo Inc. (NYSE:OKLO) – Stock analysts at Cantor Fitzgerald lowered their FY2025 EPS estimates for shares of Oklo in a report issued on Tuesday, August 12th. Cantor Fitzgerald analyst D. Soderberg now forecasts that the company will post earnings per share of ($0.42) for the year, down from their prior estimate of ($0.22). Cantor Fitzgerald currently has a “Overweight” rating and a $73.00 target price on the stock. The consensus estimate for Oklo’s current full-year earnings is ($8.20) per share. Cantor Fitzgerald also issued estimates for Oklo’s FY2026 earnings at ($0.36) EPS.

Other analysts have also issued reports about the company. BNP Paribas raised Oklo to a “strong sell” rating in a research note on Friday, July 25th. Daiwa America raised Oklo from a “hold” rating to a “strong-buy” rating in a research note on Sunday, July 27th. HC Wainwright lifted their price target on Oklo from $55.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday. Daiwa Capital Markets raised Oklo from a “neutral” rating to an “outperform” rating in a research note on Sunday, July 27th. Finally, Seaport Res Ptn raised Oklo from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 9th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Oklo currently has an average rating of “Moderate Buy” and an average target price of $63.78.

Oklo Trading Down 4.7%

Oklo stock opened at $73.75 on Thursday. The stock has a 50-day moving average price of $64.47 and a two-hundred day moving average price of $44.23. Oklo has a 12 month low of $5.35 and a 12 month high of $85.35. The company has a market capitalization of $10.89 billion, a PE ratio of -175.59 and a beta of 0.60.

Oklo (NYSE:OKLO) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.06).

Institutional Investors Weigh In On Oklo

A number of hedge funds have recently added to or reduced their stakes in the business. Caldwell Sutter Capital Inc. bought a new stake in Oklo during the second quarter worth $25,000. Private Trust Co. NA bought a new stake in Oklo during the second quarter worth $25,000. Fourth Dimension Wealth LLC grew its holdings in Oklo by 125.0% during the second quarter. Fourth Dimension Wealth LLC now owns 450 shares of the company’s stock worth $25,000 after buying an additional 250 shares in the last quarter. TD Waterhouse Canada Inc. bought a new stake in Oklo during the fourth quarter worth $27,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in Oklo during the second quarter worth $28,000. 85.03% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Oklo news, Director Michael Stuart Klein sold 50,000 shares of Oklo stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $54.85, for a total value of $2,742,500.00. Following the completion of the sale, the director directly owned 200,000 shares in the company, valued at approximately $10,970,000. The trade was a 20.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jacob Dewitte sold 300,000 shares of Oklo stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $55.20, for a total value of $16,560,000.00. Following the completion of the sale, the chief executive officer owned 10,105,098 shares of the company’s stock, valued at approximately $557,801,409.60. The trade was a 2.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 600,000 shares of company stock valued at $35,066,500. 18.90% of the stock is currently owned by corporate insiders.

About Oklo

Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.