Oklo (NYSE:OKLO) Shares Down 6.2% on Analyst Downgrade

Oklo Inc. (NYSE:OKLO) shares were down 6.2% during mid-day trading on Thursday after UBS Group lowered their price target on the stock from $95.00 to $60.00. UBS Group currently has a neutral rating on the stock. Oklo traded as low as $51.10 and last traded at $51.8490. Approximately 7,185,868 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 10,524,670 shares. The stock had previously closed at $55.27.

A number of other research firms have also recently weighed in on OKLO. Barclays cut their price objective on shares of Oklo from $146.00 to $82.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Cantor Fitzgerald restated an “overweight” rating and set a $122.00 target price on shares of Oklo in a research report on Wednesday, March 18th. Weiss Ratings restated a “sell (d)” rating on shares of Oklo in a research note on Thursday, January 22nd. Needham & Company LLC reduced their price target on Oklo from $135.00 to $73.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. Finally, Craig Hallum reiterated a “hold” rating on shares of Oklo in a research report on Wednesday, March 18th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $84.30.

Insiders Place Their Bets

In other Oklo news, CFO Richard Craig Bealmear sold 72,090 shares of the company’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $60.00, for a total transaction of $4,325,400.00. Following the completion of the transaction, the chief financial officer directly owned 386,008 shares in the company, valued at approximately $23,160,480. This represents a 15.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jacob Dewitte sold 231,657 shares of the stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $99.25, for a total transaction of $22,991,957.25. Following the transaction, the chief executive officer directly owned 827,019 shares in the company, valued at approximately $82,081,635.75. The trade was a 21.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,222,424 shares of company stock valued at $100,739,512 over the last 90 days. 18.90% of the stock is currently owned by company insiders.

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Regulatory progress reported for the Aurora advanced‑reactor project, a milestone that reduces program execution risk and supports Oklo’s roadmap toward deployment. Read More.
• Positive Sentiment: Oklo completed its acquisition of Atomic Alchemy to move into domestic production of medical and industrial isotopes, diversifying revenue potential beyond power generation. This broadens market exposure and could unlock nearer‑term cash flows if executed successfully. Read More.
• Positive Sentiment: CEO and co‑founder Jacob DeWitte was appointed to the President’s Council of Advisors on Science and Technology (PCAST), which may strengthen Oklo’s policy access and credibility with regulators and potential customers. Read More.
• Neutral Sentiment: Oklo was highlighted among a list of top energy stocks by some outlets, which may help visibility but has been accompanied by mixed analyst commentary in the same pieces. Read More.
• Neutral Sentiment: Analyst comparisons and sector pieces (e.g., vs. Montauk Renewables) are circulating; these provide context but are unlikely to move the stock materially absent new fundamentals. Read More.
• Negative Sentiment: UBS cut its price target from $95 to $60 and set a “neutral” rating, signaling lower near‑term expectations and likely prompting some profit‑taking and reduced buy-side conviction. Read More.
• Negative Sentiment: B. Riley trimmed its price target (reported at $92 in coverage), contributing to downward pressure from analysts lowering fair‑value estimates. Read More.
• Negative Sentiment: Oklo’s recent quarterly EPS missed estimates and analysts project significant losses for the year, keeping valuation stretched and making the stock sensitive to PT changes and execution risk. This background amplifies the impact of recent downgrades. Read More.

Institutional Investors Weigh In On Oklo

Institutional investors have recently bought and sold shares of the company. NBC Securities Inc. lifted its position in shares of Oklo by 75.0% in the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Oklo by 356.3% during the fourth quarter. GAMMA Investing LLC now owns 365 shares of the company’s stock worth $26,000 after purchasing an additional 285 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new stake in shares of Oklo during the third quarter worth approximately $27,000. Elevation Point Wealth Partners LLC acquired a new position in Oklo in the 2nd quarter valued at $28,000. Finally, Gables Capital Management Inc. acquired a new position in Oklo in the 3rd quarter valued at $28,000. 85.03% of the stock is currently owned by institutional investors and hedge funds.

Oklo Trading Down 6.2%

The business has a fifty day simple moving average of $69.01 and a two-hundred day simple moving average of $94.13. The company has a market cap of $9.00 billion, a PE ratio of -72.01 and a beta of 0.80.

Oklo (NYSE:OKLO) last released its earnings results on Tuesday, March 17th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.10). During the same period last year, the firm earned ($0.74) EPS. Equities analysts expect that Oklo Inc. will post -8.2 EPS for the current year.

About Oklo

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.