FY2025 EPS Estimates for Oklo Lowered by Cantor Fitzgerald

Oklo Inc. (NYSE:OKLOFree Report) – Analysts at Cantor Fitzgerald decreased their FY2025 earnings per share (EPS) estimates for Oklo in a report issued on Thursday, November 13th. Cantor Fitzgerald analyst D. Soderberg now expects that the company will post earnings of ($0.58) per share for the year, down from their previous estimate of ($0.42). Cantor Fitzgerald has a “Overweight” rating and a $122.00 price target 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 ($0.58) EPS.

OKLO has been the subject of a number of other reports. BNP Paribas upgraded shares of Oklo to a “strong sell” rating in a research report on Friday, July 25th. BNP Paribas Exane assumed coverage on Oklo in a research report on Friday, July 25th. They set an “underperform” rating and a $14.00 price target on the stock. BTIG Research reissued a “neutral” rating on shares of Oklo in a research note on Tuesday, August 12th. HC Wainwright increased their price objective on Oklo from $55.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, August 12th. Finally, The Goldman Sachs Group began coverage on Oklo in a research note on Thursday, September 25th. They issued a “neutral” rating and a $117.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $106.29.

View Our Latest Report on OKLO

Oklo Stock Down 3.6%

Shares of NYSE:OKLO opened at $97.95 on Monday. Oklo has a 12 month low of $17.14 and a 12 month high of $193.84. The firm has a market cap of $15.30 billion, a price-to-earnings ratio of -181.38 and a beta of 0.70. The company’s fifty day simple moving average is $123.01 and its 200 day simple moving average is $81.27.

Oklo (NYSE:OKLOGet Free Report) last posted its quarterly earnings data on Tuesday, November 11th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.07). During the same quarter in the prior year, the company earned ($0.08) earnings per share.

Insider Buying and Selling at Oklo

In related news, insider William Carroll Murphy Goodwin sold 41,387 shares of the company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $70.09, for a total transaction of $2,900,814.83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael Stuart Klein sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $133.76, for a total transaction of $6,688,000.00. Following the sale, the director directly owned 150,000 shares in the company, valued at approximately $20,064,000. This represents a 25.00% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 491,387 shares of company stock valued at $52,698,580. 18.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of OKLO. Bank of New York Mellon Corp acquired a new position in Oklo in the 1st quarter valued at about $358,000. CWM LLC raised its position in shares of Oklo by 1,409.1% in the first quarter. CWM LLC now owns 4,980 shares of the company’s stock valued at $108,000 after buying an additional 4,650 shares during the last quarter. Signaturefd LLC raised its position in shares of Oklo by 5.4% in the first quarter. Signaturefd LLC now owns 8,962 shares of the company’s stock valued at $194,000 after buying an additional 462 shares during the last quarter. Larson Financial Group LLC lifted its stake in shares of Oklo by 122.0% during the first quarter. Larson Financial Group LLC now owns 2,220 shares of the company’s stock valued at $48,000 after buying an additional 1,220 shares during the period. Finally, Victory Capital Management Inc. acquired a new stake in Oklo during the first quarter worth approximately $1,063,000. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

Oklo Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Oklo (NYSE:OKLO)

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