Oklo (NYSE:OKLO) Shares Gap Up After Analyst Upgrade

Oklo Inc. (NYSE:OKLO) gapped up prior to trading on Wednesday after Bank of America upgraded the stock from a neutral rating to a buy rating. The stock had previously closed at $89.93, but opened at $96.39. Bank of America now has a $127.00 price target on the stock, up from their previous price target of $111.00. Oklo shares last traded at $93.0530, with a volume of 10,325,284 shares trading hands.

A number of other research firms have also recently issued reports on OKLO. Citigroup reiterated a “neutral” rating on shares of Oklo in a report on Monday, November 24th. Needham & Company LLC reaffirmed a “buy” rating on shares of Oklo in a research note on Friday, January 9th. Canaccord Genuity Group initiated coverage on shares of Oklo in a research note on Thursday, October 9th. They set a “buy” rating and a $175.00 price target on the stock. Zacks Research raised shares of Oklo from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Finally, Wedbush reaffirmed an “outperform” rating on shares of Oklo in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $103.20.

Insider Buying and Selling

In other Oklo news, CEO Jacob Dewitte sold 840,000 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $82.32, for a total value of $69,148,800.00. Following the sale, the chief executive officer owned 1,580,000 shares of the company’s stock, valued at $130,065,600. This trade represents a 34.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard Craig Bealmear sold 69,841 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $78.40, for a total transaction of $5,475,534.40. Following the completion of the transaction, the chief financial officer owned 202,072 shares in the company, valued at $15,842,444.80. The trade was a 25.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,552,800 shares of company stock valued at $137,543,426 over the last three months. 18.90% of the stock is owned by company insiders.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: BofA upgraded OKLO from Neutral to Buy and raised its price target to $127, citing the Meta data‑center agreement as a rare, binding commercial partnership that materially derisks Oklo’s revenue outlook. This upgrade is a major near-term bullish catalyst for the stock. Oklo Stock Upgraded to Buy. Meta Nuclear Deal Is a ‘Meaningful Step Forward.
• Positive Sentiment: Oklo’s deal to power Meta’s data‑center campus and a separate DOE radioisotope contract are being treated as concrete commercial wins that support higher future revenue visibility and valuation re‑rating. Analysts and commentary are framing these as key proofs of demand from hyperscalers. Oklo (OKLO) Valuation Check After Meta Nuclear Campus Deal And DOE Radioisotope Contract
• Positive Sentiment: Institutional interest is rising — Cathie Wood’s ARK reported increasing its stake in OKLO, which can boost investor confidence and draw attention from growth‑oriented funds. Cathie Wood Raises Stake in OKLO
• Neutral Sentiment: Positive narratives comparing Oklo to AI/energy winners are amplifying interest, but these comparisons are thematic and speculative; they help sentiment but don’t substitute for sustained revenue/profitability. Is this stock the Nvidia of 2026?
• Negative Sentiment: Macroeconomic/geopolitical moves triggered a broader market sell‑off (Trump’s Greenland tariff comments), which pressured Oklo along with cyclical/defense-linked stocks and caused sharp intraday swings. That event shows OKLO remains sensitive to risk‑off shocks. Why Oklo Stock Sank Today
• Negative Sentiment: Operational and financial risks persist: Oklo recently reported an EPS miss, consensus still projects substantial negative EPS for the year, and technicals show range trading (50‑day near the current price, 200‑day slightly higher). These factors increase downside risk if commercial wins don’t convert to predictable revenue. Benzinga / Finviz coverage

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Oklo by 71.8% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock valued at $792,822,000 after purchasing an additional 2,968,981 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Oklo by 33.4% during the 3rd quarter. Vanguard Group Inc. now owns 11,593,468 shares of the company’s stock worth $1,294,179,000 after acquiring an additional 2,901,909 shares during the period. State Street Corp grew its holdings in shares of Oklo by 454.5% during the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock worth $119,743,000 after acquiring an additional 1,752,946 shares during the period. Geode Capital Management LLC raised its position in shares of Oklo by 195.9% in the 2nd quarter. Geode Capital Management LLC now owns 2,248,425 shares of the company’s stock worth $125,906,000 after acquiring an additional 1,488,482 shares in the last quarter. Finally, Van ECK Associates Corp lifted its stake in shares of Oklo by 61.0% in the 3rd quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock valued at $387,914,000 after purchasing an additional 1,316,867 shares during the period. Institutional investors own 85.03% of the company’s stock.

Oklo Trading Up 1.0%

The company has a market cap of $14.19 billion, a PE ratio of -168.13 and a beta of 0.76. The stock has a 50 day moving average price of $90.45 and a 200 day moving average price of $95.27.

Oklo (NYSE:OKLO) last posted its quarterly earnings data on Wednesday, November 12th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.07). During the same period last year, the company posted ($0.08) earnings per share. Equities analysts expect that Oklo Inc. will post -8.2 EPS for the current fiscal year.

Oklo Company Profile

Oklo, Inc is a California-based energy technology company specializing in the design and development of advanced nuclear microreactors. Headquartered in Fremont, the firm focuses on small modular reactor (SMR) technology that leverages fast-neutron fission and liquid-metal cooling to deliver carbon-free power. Oklo’s core objective is to bring compact, factory-built reactors online within a decade, offering a low-footprint alternative to traditional large nuclear plants.

The company’s flagship product, the Aurora microreactor, is a 1.5-megawatt electric (MWe) fast reactor cooled by a sodium alloy.