Oklo Inc. (NYSE:OKLO) Receives $83.06 Consensus Target Price from Analysts

Shares of Oklo Inc. (NYSE:OKLO) have been assigned an average recommendation of “Moderate Buy” from the twenty-three analysts that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $83.0556.

Several brokerages have recently issued reports on OKLO. UBS Group lowered their price objective on shares of Oklo from $95.00 to $60.00 and set a “neutral” rating for the company in a research report on Thursday, March 26th. Canaccord Genuity Group lowered their price objective on shares of Oklo from $175.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday, March 18th. Wedbush reissued an “outperform” rating and set a $110.00 price objective on shares of Oklo in a research report on Tuesday, May 26th. Bank of America began coverage on shares of Oklo in a research report on Friday, May 22nd. They set a “buy” rating and a $80.00 price objective for the company. Finally, HSBC began coverage on shares of Oklo in a research report on Thursday, April 23rd. They set a “buy” rating and a $96.00 price objective for the company.

Oklo Stock Down 11.0%

Shares of OKLO stock opened at $65.36 on Thursday. The firm has a fifty day moving average of $62.63 and a 200-day moving average of $73.74. Oklo has a 12-month low of $44.88 and a 12-month high of $193.84. The company has a market capitalization of $11.37 billion, a price-to-earnings ratio of -77.81 and a beta of 1.10.

Oklo (NYSE:OKLO) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.20) by $0.01. During the same quarter in the prior year, the company posted ($0.07) EPS. On average, equities analysts expect that Oklo will post -0.78 EPS for the current year.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo is still seeing supportive investor interest tied to its nuclear-growth story, including recent momentum around DOE fuel discussions, regulatory progress, and broader enthusiasm for nuclear power as a solution for AI and clean-energy demand.
• Positive Sentiment: Options activity was elevated, with investors buying more call options than usual, suggesting some traders are still positioning for upside in the name.
• Neutral Sentiment: A recent article noted that OKLO and OTTR had the highest short interest in the utilities sector, which can indicate skepticism from traders but also creates the potential for sharp moves if sentiment shifts. Article Title
• Negative Sentiment: CEO Jacob Dewitte sold 60,000 shares and then an additional 140,000 shares under a pre-arranged 10b5-1 plan, while CFO Richard Craig Bealmear also sold 73,081 shares. Together, the insider sales reinforced concerns that management may be taking profits after a strong run.
• Negative Sentiment: A market-moving report said Oklo stock fell after co-founders disclosed about $13.6 million in insider share sales, which appears to be the main catalyst behind the weakness investors are seeing today. Article Title

Insider Transactions at Oklo

In related news, insider William Carroll Murphy Goodwin sold 10,548 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $58.04, for a total transaction of $612,205.92. Following the completion of the transaction, the insider owned 36,175 shares in the company, valued at approximately $2,099,597. This represents a 22.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Richard Craig Bealmear sold 73,081 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $68.42, for a total transaction of $5,000,202.02. Following the transaction, the chief financial officer owned 397,642 shares of the company’s stock, valued at $27,206,665.64. The trade was a 15.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 892,669 shares of company stock valued at $55,773,903 over the last quarter. Corporate insiders own 18.90% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Caprock Group LLC acquired a new position in Oklo during the third quarter worth $14,829,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Oklo by 48.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 164,860 shares of the company’s stock worth $18,403,000 after purchasing an additional 54,080 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Oklo by 298.6% during the third quarter. Envestnet Asset Management Inc. now owns 23,396 shares of the company’s stock worth $2,612,000 after purchasing an additional 17,526 shares during the last quarter. DNB Asset Management AS boosted its holdings in Oklo by 151.7% during the fourth quarter. DNB Asset Management AS now owns 28,625 shares of the company’s stock worth $2,054,000 after purchasing an additional 17,253 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Oklo during the third quarter worth $2,177,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

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.