Truist Financial Has Lowered Expectations for Oklo (NYSE:OKLO) Stock Price

Oklo (NYSE:OKLO) had its target price lowered by research analysts at Truist Financial from $55.00 to $51.00 in a report issued on Monday,Benzinga reports. The firm currently has a “hold” rating on the stock. Truist Financial’s target price suggests a potential upside of 13.57% from the company’s previous close.

Other equities analysts have also issued research reports about the stock. HC Wainwright reaffirmed a “buy” rating and set a $90.00 target price on shares of Oklo in a research report on Monday. Canaccord Genuity Group cut their target price on Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a research report on Monday. Tigress Financial started coverage on Oklo in a report on Monday, April 27th. They set a “buy” rating and a $130.00 price objective for the company. Cantor Fitzgerald restated an “overweight” rating and issued a $122.00 price target on shares of Oklo in a research note on Wednesday, May 13th. Finally, Bank of America initiated coverage on Oklo in a research note on Friday, May 22nd. They set a “buy” rating and a $80.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Oklo presently has an average rating of “Moderate Buy” and a consensus price target of $85.03.

Oklo Trading Down 7.3%

Oklo stock traded down $3.51 during trading hours on Monday, reaching $44.91. 9,843,986 shares of the company were exchanged, compared to its average volume of 11,559,117. Oklo has a 12 month low of $36.61 and a 12 month high of $193.84. The stock has a 50-day moving average of $50.88 and a 200 day moving average of $60.34. The firm has a market cap of $7.81 billion, a price-to-earnings ratio of -47.81 and a beta of 1.17.

Oklo (NYSE:OKLO) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). The firm had revenue of $1.21 million for the quarter, compared to the consensus estimate of $0.09 million. The firm’s revenue for the quarter was up 11900.0% on a year-over-year basis. During the same quarter last year, the company posted ($0.18) earnings per share. As a group, research analysts forecast that Oklo will post -0.74 EPS for the current year.

Insiders Place Their Bets

In other Oklo news, CEO Jacob Dewitte sold 60,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $52.80, for a total value of $3,168,000.00. Following the completion of the sale, the chief executive officer owned 511,533 shares of the company’s stock, valued at $27,008,942.40. The trade was a 10.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Richard Craig Bealmear sold 73,081 shares of the stock in a transaction that occurred 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 in the company, valued at approximately $27,206,665.64. The trade was a 15.53% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 483,629 shares of company stock worth $29,855,608 in the last quarter. 12.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Oklo

Large investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp acquired a new position in Oklo in the 2nd quarter valued at $24,532,000. Handelsbanken Fonder AB lifted its position in shares of Oklo by 43.8% during the 2nd quarter. Handelsbanken Fonder AB now owns 52,900 shares of the company’s stock valued at $2,768,000 after acquiring an additional 16,100 shares during the period. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Oklo by 12.9% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 36,609 shares of the company’s stock worth $1,916,000 after purchasing an additional 4,187 shares in the last quarter. Gradient Investments LLC increased its position in shares of Oklo by 38.6% in the second quarter. Gradient Investments LLC now owns 34,335 shares of the company’s stock worth $1,797,000 after purchasing an additional 9,570 shares during the period. Finally, Evanson Financial LLC bought a new position in shares of Oklo in the second quarter worth $232,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo reported $1.21 million in second-quarter revenue, exceeding estimates and representing its first reported quarterly revenue. The company also achieved first criticality at its Groves Isotope Test Reactor in less than a year, supporting management’s execution claims. Oklo’s Groves Reactor Hits Criticality in Under a Year
• Positive Sentiment: Oklo cited progress on Department of Energy initiatives, fuel-supply planning with Centrus and its target of starting the Aurora reactor at Idaho National Laboratory in 2028. HC Wainwright reaffirmed its buy rating with a $90 price target, while Canaccord maintained a buy rating despite lowering its target from $125 to $100. OKLO Q2 Earnings Call Links Higher Cash Use to Execution
• Neutral Sentiment: Analysts continue to see substantial long-term upside, with a reported median price target of $90, but several firms cut their forecasts after the results. The reductions signal greater near-term execution and financing concerns even though most published ratings remain constructive. These Analysts Cut Their Forecasts on Oklo After Q2 Results
• Negative Sentiment: The quarterly loss widened to approximately $48.5 million, or $0.28 per share, missing the $0.16-per-share consensus estimate. Operating cash use reached $65.5 million in the first half, while capital spending was about $126.9 million; 2026 cash-use expectations of $120 million to $150 million underscore the company’s heavy funding needs. OKLO Q2 Loss Widens Year Over Year
• Negative Sentiment: Reported insider activity shows extensive selling and no purchases over the past six months, potentially adding to investor caution around valuation and execution risk.

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.