Oklo (NYSE:OKLO – Free Report) had its target price reduced by B. Riley Financial from $129.00 to $92.00 in a report issued on Wednesday,Benzinga reports. They currently have a buy rating on the stock.
OKLO has been the topic of several other research reports. The Goldman Sachs Group reiterated a “neutral” rating and issued a $106.00 price objective on shares of Oklo in a research note on Friday, January 9th. Barclays lowered their price objective on Oklo from $146.00 to $82.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. UBS Group reiterated a “neutral” rating on shares of Oklo in a report on Monday, January 12th. Bank of America raised Oklo from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $111.00 to $127.00 in a research report on Wednesday, January 21st. Finally, Needham & Company LLC dropped their price objective on shares of Oklo from $135.00 to $73.00 and set a “buy” rating on the stock in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Oklo presently has a consensus rating of “Moderate Buy” and an average target price of $86.63.
Read Our Latest Research Report on OKLO
Oklo Trading Down 6.2%
Oklo (NYSE:OKLO – Get Free Report) last issued its quarterly earnings results on Tuesday, March 17th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.10). During the same quarter last year, the firm posted ($0.74) EPS. Research analysts forecast that Oklo will post -8.2 EPS for the current fiscal year.
Insider Buying and Selling at Oklo
In other news, CFO Richard Craig Bealmear sold 72,090 shares of the business’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $60.00, for a total transaction of $4,325,400.00. Following the completion of the sale, the chief financial officer owned 386,008 shares in the company, valued at $23,160,480. The trade was a 15.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jacob Dewitte sold 72,960 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $60.00, for a total transaction of $4,377,600.00. Following the transaction, the chief executive officer owned 751,533 shares in the company, valued at approximately $45,091,980. The trade was a 8.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 2,062,424 shares of company stock worth $169,888,312. 18.90% of the stock is currently owned by corporate insiders.
Institutional Trading of Oklo
Several institutional investors and hedge funds have recently made changes to their positions in OKLO. Plancorp LLC increased its holdings in Oklo by 1.2% in the third quarter. Plancorp LLC now owns 6,089 shares of the company’s stock valued at $680,000 after purchasing an additional 73 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in Oklo by 3.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 2,622 shares of the company’s stock worth $293,000 after buying an additional 94 shares during the period. Prestige Wealth Management Group LLC lifted its position in Oklo by 1.5% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company’s stock valued at $789,000 after acquiring an additional 101 shares in the last quarter. Meriwether Wealth & Planning LLC lifted its holdings in shares of Oklo by 2.7% in the fourth quarter. Meriwether Wealth & Planning LLC now owns 4,545 shares of the company’s stock valued at $326,000 after purchasing an additional 120 shares in the last quarter. Finally, Rossby Financial LCC lifted its stake in Oklo by 75.0% in the 3rd quarter. Rossby Financial LCC now owns 350 shares of the company’s stock valued at $41,000 after acquiring an additional 150 shares in the last quarter. Institutional investors own 85.03% of the company’s stock.
Key Stories Impacting Oklo
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Oklo secured multiple federal approvals that materially de‑risk commercialization pathways — including DOE Nuclear Safety Design Agreement(s) tied to its Aurora reactor and Groves isotopes test reactor, which accelerate project execution and isotope production potential. BusinessWire: DOE NSDA approval
- Positive Sentiment: Oklo’s Atomic Alchemy unit won a first-of-its-kind NRC materials license for isotope work — opening an early revenue channel (isotope processing/supply) that shortens the timeline to meaningful commercial receipts versus waiting for full reactor deployments. Yahoo: NRC license for Atomic Alchemy
- Neutral Sentiment: High‑profile media exposure — including a CNBC interview with CEO Jacob DeWitte — is increasing investor awareness and liquidity but is not by itself a fundamental catalyst. CNBC CEO interview
- Neutral Sentiment: Strategic partnerships (Meta power‑campus plans, talks with Centrus on HALEU fuel services) underpin the long‑term growth story but remain execution‑dependent and will take quarters to materially affect revenue. Yahoo: Meta deal & valuation check
- Negative Sentiment: Q4 earnings missed expectations — Oklo reported EPS of ($0.27) vs. consensus ($0.17) and remains pre‑revenue; the miss raises short‑term scrutiny on cash burn and timing of commercial revenue. ProactiveInvestors: Q4 results
- Negative Sentiment: Several sell‑side firms trimmed price targets this morning (Goldman Sachs to $65 neutral; Citigroup to $73.50 neutral; Needham, others lowered targets), increasing downward pressure despite some remaining buy ratings. Many of the revisions were published via Benzinga/TickerReport. Benzinga: analyst target moves
- Negative Sentiment: Insider selling from senior executives (CEO and CFO sold sizable blocks in mid‑March) is attracting negative attention and likely added supply into the market today, compounding selling from analyst cuts. Blockonomi: insiders offload
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.
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