Oklo (NYSE:OKLO) Price Target Lowered to $73.00 at Needham & Company LLC

Oklo (NYSE:OKLO) had its target price reduced by Needham & Company LLC from $135.00 to $73.00 in a research note published on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

OKLO has been the topic of several other research reports. Citigroup restated a “neutral” rating on shares of Oklo in a research note on Monday, November 24th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Oklo in a research report on Thursday, January 22nd. UBS Group restated a “neutral” rating on shares of Oklo in a report on Monday, January 12th. HC Wainwright restated a “buy” rating and issued a $90.00 target price on shares of Oklo in a research note on Wednesday. Finally, Wedbush reissued an “outperform” rating on shares of Oklo in a research report on Friday, January 9th. Two investment 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 given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $86.63.

Oklo Price Performance

Shares of OKLO opened at $56.75 on Wednesday. The company has a market capitalization of $8.87 billion, a price-to-earnings ratio of -78.82 and a beta of 0.80. The business’s 50-day moving average is $74.26 and its 200-day moving average is $95.00. Oklo has a fifty-two week low of $17.42 and a fifty-two week high of $193.84.

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 in the prior year, the firm posted ($0.74) EPS. Equities research analysts expect that Oklo will post -8.2 earnings per share for the current fiscal year.

Insider Transactions at Oklo

In other news, CFO Richard Craig Bealmear sold 72,090 shares of the company’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 transaction, the chief financial officer owned 386,008 shares of the company’s stock, valued at $23,160,480. This represents a 15.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jacob Dewitte sold 840,000 shares of the company’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $82.32, for a total transaction of $69,148,800.00. Following the transaction, the chief executive officer owned 1,580,000 shares in the company, valued at approximately $130,065,600. The trade was a 34.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 2,062,424 shares of company stock valued at $169,888,312. Insiders own 18.90% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Oklo by 71.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock valued at $792,822,000 after buying an additional 2,968,981 shares during the period. Vanguard Group Inc. raised its holdings in 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 buying an additional 2,901,909 shares during the period. State Street Corp lifted its position in Oklo by 454.5% in the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock valued at $119,743,000 after acquiring an additional 1,752,946 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Oklo by 195.9% in the second quarter. Geode Capital Management LLC now owns 2,248,425 shares of the company’s stock valued at $125,906,000 after purchasing an additional 1,488,482 shares in the last quarter. Finally, Van ECK Associates Corp lifted its stake in 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 acquiring an additional 1,316,867 shares in the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

More Oklo News

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

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.