Oklo (NYSE:OKLO) Trading 5.5% Higher – What’s Next?

Oklo Inc. (NYSE:OKLO)’s stock price traded up 5.5% on Thursday . The stock traded as high as $80.64 and last traded at $76.3730. 31,574,179 shares traded hands during trading, an increase of 185% from the average session volume of 11,085,526 shares. The stock had previously closed at $72.41.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo announced a collaboration with NVIDIA and Los Alamos National Laboratory to accelerate nuclear fuel R&D and AI-enabled research — a strategic tie to a top AI player that investors view as validation of Oklo’s technology roadmap and potential commercial use cases. Read More.
• Positive Sentiment: Market coverage emphasized the NVIDIA partnership as a catalyst, with multiple outlets linking the news directly to today’s rally as investors reposition toward nuclear plays benefiting from AI demand. Read More.
• Positive Sentiment: Broker/coverage lift: Reuters/Benzinga-style reports note an HSBC buy initiation and analyst attention that have reinforced investor confidence in Oklo’s growth story. Read More.
• Neutral Sentiment: Momentum & macro tailwinds: Oklo’s recent multi-day rally also mirrors a broader market bounce (easing geopolitical tension) and sector rotation into AI + energy names, which amplified the reaction to the NVIDIA news. Read More.
• Neutral Sentiment: Competitive/context pieces (e.g., comparisons to NuScale) highlight the long runway and industry competition — useful context for risks/rewards but not an immediate driver of today’s move. Read More.
• Negative Sentiment: Fundamentals/valuation risk: Oklo remains unprofitable (recent quarter missed EPS estimates) and carries the typical execution and regulatory risks of advanced nuclear developers — these keep the stock volatile despite positive headlines.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on OKLO. HC Wainwright reiterated a “buy” rating and set a $90.00 price objective on shares of Oklo in a report on Wednesday, March 18th. The Goldman Sachs Group reduced their target price on shares of Oklo from $91.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, March 18th. Wedbush reiterated an “outperform” rating on shares of Oklo in a research note on Friday, January 9th. Citigroup lowered their target price on Oklo from $95.00 to $73.50 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Finally, Craig Hallum reiterated a “hold” rating on shares of Oklo in a research note on Wednesday, March 18th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $85.03.

Oklo Trading Up 5.5%

The stock’s 50-day simple moving average is $59.08 and its 200-day simple moving average is $87.04. The stock has a market cap of $13.26 billion, a price-to-earnings ratio of -106.07 and a beta of 0.93.

Oklo (NYSE:OKLO) last announced 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 previous year, the business posted ($0.74) EPS. On average, equities research analysts forecast that Oklo Inc. will post -0.75 earnings per share for the current year.

Insider Buying and Selling

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 completion of the sale, the chief financial officer directly owned 386,008 shares in the company, valued at approximately $23,160,480. This represents a 15.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jacob Dewitte sold 140,000 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $75.18, for a total value of $10,525,200.00. Following the sale, the chief executive officer owned 739,023 shares of the company’s stock, valued at approximately $55,559,749.14. The trade was a 15.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 818,766 shares of company stock worth $50,855,915. Company insiders own 18.90% of the company’s stock.

Hedge Funds Weigh In On Oklo

Several hedge funds have recently bought and sold shares of OKLO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Oklo by 71.8% in the 3rd 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. increased its holdings in Oklo by 33.4% in the 3rd quarter. Vanguard Group Inc. now owns 11,593,468 shares of the company’s stock valued at $1,294,179,000 after buying an additional 2,901,909 shares during the period. State Street Corp increased its holdings 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 buying an additional 1,752,946 shares during the period. Van ECK Associates Corp lifted its stake in Oklo by 61.0% during the third quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock worth $387,914,000 after purchasing an additional 1,316,867 shares during the last quarter. Finally, Norges Bank bought a new stake in Oklo during the fourth quarter worth $73,786,000. 85.03% of the stock is owned by institutional investors.

Oklo Company Profile

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.