Oklo Inc. (NYSE:OKLO) Given Average Rating of “Moderate Buy” by Analysts

Shares of Oklo Inc. (NYSE:OKLOGet Free Report) have been given a consensus rating of “Moderate Buy” by the twenty-two brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $85.0312.

Several research analysts have weighed in on the company. Royal Bank Of Canada set a $80.00 price objective on Oklo in a research report on Friday, May 22nd. HC Wainwright reiterated a “buy” rating and set a $90.00 target price on shares of Oklo in a research note on Monday, August 10th. Wedbush reissued an “outperform” rating and issued a $110.00 price target on shares of Oklo in a report on Tuesday, May 26th. Cantor Fitzgerald restated an “overweight” rating and set a $122.00 price target on shares of Oklo in a research report on Wednesday, May 13th. Finally, Canaccord Genuity Group lowered their price objective on shares of Oklo from $125.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, August 10th.

Read Our Latest Analysis on Oklo

Oklo Trading Up 3.5%

NYSE OKLO opened at $41.24 on Friday. The business has a fifty day simple moving average of $44.16 and a 200 day simple moving average of $55.50. Oklo has a 12 month low of $36.61 and a 12 month high of $193.84. The firm has a market capitalization of $7.67 billion, a P/E ratio of -43.87 and a beta of 1.18.

Oklo (NYSE:OKLOGet Free Report) last posted its earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The firm had revenue of $1.21 million for the quarter, compared to analysts’ expectations of $0.09 million. During the same period last year, the firm posted ($0.18) EPS. Oklo’s quarterly revenue was up 11900.0% on a year-over-year basis. As a group, sell-side analysts predict that Oklo will post -0.9 EPS for the current fiscal year.

Insider Transactions at Oklo

In related news, General Counsel Vivek Narayanadas sold 3,264 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $39.77, for a total value of $129,809.28. Following the completion of the transaction, the general counsel directly owned 7,822 shares of the company’s stock, valued at approximately $311,080.94. This trade represents a 29.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Alexandra Renner sold 1,930 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $38.40, for a total value of $74,112.00. Following the sale, the insider owned 475,022 shares in the company, valued at approximately $18,240,844.80. This represents a 0.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 354,535 shares of company stock valued at $16,570,848. 12.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Oklo

A number of institutional investors and hedge funds have recently modified their holdings of OKLO. Northwestern Mutual Wealth Management Co. raised its position in shares of Oklo by 6.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 2,800 shares of the company’s stock worth $313,000 after buying an additional 174 shares in the last quarter. Citizens Financial Group Inc. RI boosted its stake in Oklo by 1.0% in the first quarter. Citizens Financial Group Inc. RI now owns 18,704 shares of the company’s stock worth $928,000 after buying an additional 182 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in Oklo by 0.3% in the first quarter. The Manufacturers Life Insurance Company now owns 70,433 shares of the company’s stock worth $3,493,000 after buying an additional 183 shares in the last quarter. Triton Wealth Management PLLC grew its position in Oklo by 1.3% during the first quarter. Triton Wealth Management PLLC now owns 14,760 shares of the company’s stock valued at $734,000 after acquiring an additional 191 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its stake in shares of Oklo by 0.5% during the fourth quarter. Kestra Advisory Services LLC now owns 41,689 shares of the company’s stock worth $2,992,000 after acquiring an additional 197 shares in the last quarter. 85.03% of the stock is owned by hedge funds and other institutional investors.

More Oklo News

Here are the key news stories impacting Oklo this week:

  • Positive Sentiment: A comparison of small modular reactor stocks favors Oklo over NuScale Power because Oklo could capture a larger future revenue opportunity as data centers drive demand for reliable electricity. The bullish case depends on successful project execution and regulatory progress. Better Small Modular Reactor Stock to Buy After the Sell-Off: Oklo vs. NuScale Power
  • Positive Sentiment: Analysis that Oklo’s “AI power” opportunity is becoming more tangible reinforces the long-term growth thesis that advanced nuclear reactors could help meet rapidly rising data-center electricity demand. Oklo: The AI Power Trade Is Getting More Tangible
  • Neutral Sentiment: Investor comparisons between Oklo and NuScale emphasize that the better investment may depend on how quickly AI companies adopt nuclear power. This highlights substantial potential but also significant uncertainty around customer demand, commercialization timelines and regulation. Nuclear Stock Face-Off: Is NuScale Power or Oklo the Better Buy Right Now?
  • Neutral Sentiment: Holtec Nuclear’s planned IPO could bring additional capital and attention to the nuclear and SMR industries. However, its existing revenue base may provide investors with a more established alternative to Oklo. Holtec Nuclear IPO: A New Bet on the Nuclear Power Sector
  • Negative Sentiment: Chief People Officer Alexandra Renner sold 1,930 shares worth about $74,000 to cover tax withholding after equity awards vested. The transaction reduced her holdings by only 0.4%, making it a limited bearish signal. Oklo insider sale
  • Negative Sentiment: CFO Richard Bealmear sold 16,430 shares valued at approximately $637,000 under a pre-arranged Rule 10b5-1 trading plan. Planned selling reduces its signaling value, but adds to near-term investor caution. Oklo insider trading report
  • Negative Sentiment: OKLO has been identified as one of the utilities sector’s most heavily shorted stocks, signaling substantial bearish positioning and the possibility of continued volatility. OKLO short interest

About Oklo

(Get Free Report)

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.

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Analyst Recommendations for Oklo (NYSE:OKLO)

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