Oklo (NYSE:OKLO – Free Report) had its target price reduced by Canaccord Genuity Group from $175.00 to $125.00 in a report released on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.
Several other analysts have also commented on the company. Wedbush reiterated an “outperform” rating on shares of Oklo in a report on Friday, January 9th. UBS Group reissued a “neutral” rating on shares of Oklo in a report on Monday, January 12th. HC Wainwright restated a “buy” rating and set a $90.00 price target on shares of Oklo in a research note on Wednesday. Zacks Research downgraded shares of Oklo from a “hold” rating to a “strong sell” rating in a report on Friday, January 23rd. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Oklo in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Oklo presently has an average rating of “Moderate Buy” and a consensus price target of $86.63.
Check Out Our Latest Stock Analysis on OKLO
Oklo Stock Down 6.2%
Oklo (NYSE:OKLO – Get Free Report) last announced its earnings results on Tuesday, March 17th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.10). During the same quarter in the prior year, the business posted ($0.74) EPS. On average, equities research analysts anticipate that Oklo will post -8.2 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, CEO Jacob Dewitte sold 840,000 shares of the stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $82.32, for a total value of $69,148,800.00. Following the transaction, the chief executive officer directly owned 1,580,000 shares of the company’s stock, valued at approximately $130,065,600. This represents a 34.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Richard Craig Bealmear sold 72,090 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $60.00, for a total value of $4,325,400.00. Following the completion of the transaction, the chief financial officer owned 386,008 shares of the company’s stock, valued at approximately $23,160,480. The trade was a 15.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,062,424 shares of company stock valued at $169,888,312 in the last 90 days. 18.90% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Oklo
Large investors have recently bought and sold shares of the company. Plancorp LLC increased its holdings in Oklo by 1.2% in the 3rd quarter. Plancorp LLC now owns 6,089 shares of the company’s stock worth $680,000 after buying an additional 73 shares during the period. Parkside Financial Bank & Trust increased its holdings in shares of Oklo by 3.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 2,622 shares of the company’s stock valued at $293,000 after purchasing an additional 94 shares in the last quarter. Prestige Wealth Management Group LLC raised its position in shares of Oklo by 1.5% in the third quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company’s stock worth $789,000 after acquiring an additional 101 shares during the period. Meriwether Wealth & Planning LLC raised its holdings in Oklo by 2.7% in the 4th quarter. Meriwether Wealth & Planning LLC now owns 4,545 shares of the company’s stock worth $326,000 after purchasing an additional 120 shares during the period. Finally, Rossby Financial LCC raised its stake in shares of Oklo by 75.0% during the 3rd quarter. Rossby Financial LCC now owns 350 shares of the company’s stock worth $41,000 after buying an additional 150 shares during the period. Hedge funds and other institutional investors own 85.03% of the company’s stock.
Trending Headlines about 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
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.
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