Oklo (NYSE:OKLO) Trading Up 3.1% – Still a Buy?

Oklo Inc. (NYSE:OKLO) shares traded up 3.1% during trading on Thursday . The company traded as high as $47.72 and last traded at $46.5490. Approximately 9,131,466 shares traded hands during trading, a decline of 21% from the average session volume of 11,553,346 shares. The stock had previously closed at $45.13.

Key Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo reported a key technical milestone by achieving first criticality at its Groves low-power test reactor in Texas. The development could reduce perceived regulatory and execution risk as the company advances toward commercial deployment and approval. Oklo’s new reactor milestone lowers the risk in its path to approval
• Positive Sentiment: The company generated its first quarterly revenue—$1.21 million, up sharply year over year—and announced initial reactor sales. Those developments provide early evidence that Oklo’s advanced-nuclear strategy is beginning to move beyond the research stage. Why Oklo is up after first criticality and initial reactor sales
• Neutral Sentiment: HC Wainwright maintained a Buy rating and a $90 price target, indicating substantial long-term upside in its view. However, the firm lowered EPS forecasts across 2026–2030, reflecting a slower or more expensive path to profitability. Oklo earns Buy rating from HC Wainwright
• Negative Sentiment: Oklo’s quarterly loss widened to approximately $48.5 million, or $0.28 per share, missing the roughly $0.16-per-share consensus estimate despite the new revenue. Rising costs and continuing cash needs remain major risks for a company that has not yet reached commercial-scale operations. Should you buy, sell or hold OKLO stock post first revenues?
• Negative Sentiment: Analyst caution is adding pressure: Truist assigned a Hold rating, while Canaccord lowered its expectations for the shares. The combination of weak earnings, prolonged projected losses and reduced estimates has outweighed the encouraging technology milestones for some investors. Oklo gets a Hold rating from Truist Financial

Analysts Set New Price Targets

A number of research analysts have recently weighed in on OKLO shares. Tigress Financial began coverage on Oklo in a research report on Monday, April 27th. They issued a “buy” rating and a $130.00 price target for the company. Royal Bank Of Canada set a $80.00 price objective on shares of Oklo in a research note on Friday, May 22nd. Truist Financial cut their target price on shares of Oklo from $55.00 to $51.00 and set a “hold” rating for the company in a research report on Monday. Wolfe Research began coverage on shares of Oklo in a report on Tuesday, May 19th. They issued a “peer perform” rating on the stock. Finally, Bank of America began coverage on shares of Oklo in a research report on Friday, May 22nd. They issued a “buy” rating and a $80.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Oklo currently has an average rating of “Moderate Buy” and an average price target of $85.03.

Oklo Stock Up 3.1%

The company has a market capitalization of $8.66 billion, a price-to-earnings ratio of -49.52 and a beta of 1.17. The stock has a fifty day moving average price of $49.50 and a two-hundred day moving average price of $59.39.

Oklo (NYSE:OKLO) last posted its quarterly earnings data on Friday, August 7th. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). The company had revenue of $1.21 million during the quarter, compared to analyst estimates of $0.09 million. The firm’s revenue was up 11900.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.18) earnings per share. As a group, research analysts forecast that Oklo Inc. will post -0.85 earnings per share for the current fiscal year.

Insider Buying and Selling at Oklo

In other news, insider William Carroll Murphy Goodwin sold 10,548 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $58.04, for a total value of $612,205.92. Following the completion of the transaction, the insider owned 36,175 shares of the company’s stock, valued at $2,099,597. The trade was a 22.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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 business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $68.42, for a total transaction of $5,000,202.02. Following the completion of the transaction, the chief financial officer directly owned 397,642 shares of the company’s stock, valued at approximately $27,206,665.64. This represents 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. In the last ninety days, insiders have sold 483,629 shares of company stock worth $29,855,608. Corporate insiders own 12.70% of the company’s stock.

Institutional Trading of Oklo

Hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp grew 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. Norges Bank purchased a new position in shares of Oklo during the 4th quarter worth about $73,786,000. Millennium Management LLC lifted its holdings in shares of Oklo by 4,974.1% during the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock worth $12,589,000 after acquiring an additional 570,532 shares during the period. Van ECK Associates Corp boosted its position in shares of Oklo by 13.9% in the fourth quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock worth $283,902,000 after acquiring an additional 481,288 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Oklo in the second quarter worth approximately $24,532,000. 85.03% of the stock is owned by hedge funds and other institutional investors.

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.