Oklo (NYSE:OKLO) Price Target Cut to $60.00 by Analysts at UBS Group

Oklo (NYSE:OKLO) had its price target cut by UBS Group from $95.00 to $60.00 in a research note published on Thursday,Benzinga reports. They currently have a neutral rating on the stock.

OKLO has been the subject of a number of other research reports. Bank of America raised shares of Oklo from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $111.00 to $127.00 in a research note on Wednesday, January 21st. Citigroup dropped their target price on Oklo from $95.00 to $73.50 and set a “neutral” rating for the company in a report on Wednesday, March 18th. Zacks Research raised shares of Oklo from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. The Goldman Sachs Group cut their price objective on Oklo from $91.00 to $65.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. Finally, Canaccord Genuity Group reduced their price target on shares of Oklo from $175.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $84.30.

Oklo Stock Down 6.2%

OKLO stock opened at $51.85 on Thursday. The stock has a 50-day simple moving average of $69.01 and a two-hundred day simple moving average of $94.13. Oklo has a twelve month low of $17.42 and a twelve month high of $193.84. The firm has a market capitalization of $9.00 billion, a PE ratio of -72.01 and a beta of 0.80.

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

Insider Transactions at Oklo

In other Oklo news, CEO Jacob Dewitte sold 231,657 shares of Oklo stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $99.25, for a total value of $22,991,957.25. Following the completion of the transaction, the chief executive officer directly owned 827,019 shares of the company’s stock, valued at approximately $82,081,635.75. The trade was a 21.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Richard Craig Bealmear sold 72,090 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer owned 386,008 shares in the company, valued at approximately $23,160,480. This represents a 15.74% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,222,424 shares of company stock worth $100,739,512. 18.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Oklo

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Plancorp LLC increased its holdings in shares of Oklo by 1.2% in the 3rd quarter. Plancorp LLC now owns 6,089 shares of the company’s stock worth $680,000 after purchasing an additional 73 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Oklo by 3.7% during the third 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 boosted its position in shares of Oklo by 1.5% during the third quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company’s stock valued at $789,000 after buying an additional 101 shares during the last quarter. Meriwether Wealth & Planning LLC boosted its position in shares of Oklo by 2.7% during the fourth quarter. Meriwether Wealth & Planning LLC now owns 4,545 shares of the company’s stock valued at $326,000 after buying an additional 120 shares during the last quarter. Finally, Rossby Financial LCC increased its holdings in Oklo by 75.0% in the 3rd quarter. Rossby Financial LCC now owns 350 shares of the company’s stock worth $41,000 after buying an additional 150 shares in the last quarter. 85.03% of the stock is owned by institutional investors.

More Oklo News

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.

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.