Oklo (NYSE:OKLO) Stock Price Up 7.3% – Here’s What Happened

Oklo Inc. (NYSE:OKLO) traded up 7.3% during mid-day trading on Friday . The company traded as high as $85.26 and last traded at $83.39. 11,305,336 shares were traded during trading, a decline of 37% from the average session volume of 17,942,738 shares. The stock had previously closed at $77.72.

Key Stores Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: OKLO is pursuing fast‑reactor technology that can consume surplus plutonium, a potential near‑term feedstock advantage that could accelerate deployments and reshape the company’s addressable market. OKLO and Surplus Plutonium: A New Catalyst for Nuclear Growth
• Positive Sentiment: Retail/long‑term investor enthusiasm is strong: retrospectives show sizable gains for IPO investors since last year, reinforcing the narrative that Oklo can capture demand for clean, reliable power driven by AI and decarbonization. If You’d Invested $10,000 in Oklo’s Initial Public Offering, Here’s How Much You’d Have Today
• Positive Sentiment: Broader bullishness on nuclear as a backbone for AI infrastructure is supporting valuations across the group, keeping investor appetite for Oklo intact despite limited current revenue. Should You Buy Nuclear Energy Stocks in 2026?
• Neutral Sentiment: Comparative analyst coverage (NuScale vs Oklo) highlights Oklo’s scalable model but reminds investors that modular SMR competitors carry different execution risk profiles — useful context but mixed for near‑term price action. NuScale Power vs. Oklo: Which Small Modular Reactor Stock Has an Edge?
• Negative Sentiment: An analyst “sell” recommendation triggered a sharp one‑day decline earlier in the week, underscoring sensitivity to negative research and the potential for momentum reversals. Oklo (OKLO) Falls 9% After ‘Sell’ Reco
• Negative Sentiment: High‑visibility media criticism (Jim Cramer urging selling) adds headline‑driven pressure and can amplify short‑term volatility, even if the underlying technical story remains intact. Jim Cramer on Oklo: “I’ve Been Hounding You to Sell for 40 Points Now”

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Barclays set a $146.00 price target on Oklo in a research report on Monday, September 29th. Canaccord Genuity Group assumed coverage on Oklo in a research report on Thursday, October 9th. They set a “buy” rating and a $175.00 price objective on the stock. Citigroup restated a “neutral” rating on shares of Oklo in a research report on Monday, November 24th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $122.00 target price on shares of Oklo in a research note on Wednesday, November 12th. Finally, Bank of America reduced their price target on shares of Oklo from $117.00 to $111.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 12th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Oklo has an average rating of “Hold” and a consensus price target of $102.87.

Oklo Stock Up 7.3%

The company has a fifty day moving average price of $112.35 and a 200 day moving average price of $90.35. The stock has a market cap of $13.03 billion, a PE ratio of -154.43 and a beta of 0.73.

Oklo (NYSE:OKLO) last issued its earnings results on Wednesday, November 12th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.07). During the same quarter in the prior year, the firm posted ($0.08) earnings per share. As a group, research analysts predict that Oklo Inc. will post -8.2 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Michael Stuart Klein sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $133.76, for a total value of $6,688,000.00. Following the transaction, the director owned 150,000 shares in the company, valued at approximately $20,064,000. This trade represents a 25.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Richard Craig Bealmear sold 5,159 shares of Oklo stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $76.97, for a total transaction of $397,088.23. Following the completion of the transaction, the chief financial officer directly owned 196,913 shares in the company, valued at approximately $15,156,393.61. The trade was a 2.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 442,800 shares of company stock worth $47,972,680. 18.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Oklo

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Oklo by 33.4% in the third quarter. Vanguard Group Inc. now owns 11,593,468 shares of the company’s stock worth $1,294,179,000 after purchasing an additional 2,901,909 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted 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 worth $792,822,000 after buying an additional 2,968,981 shares during the period. Van ECK Associates Corp grew its position in shares of Oklo by 61.0% in the 3rd quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock worth $387,914,000 after buying an additional 1,316,867 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Oklo by 195.9% during the second quarter. Geode Capital Management LLC now owns 2,248,425 shares of the company’s stock valued at $125,906,000 after buying an additional 1,488,482 shares during the period. Finally, State Street Corp increased its stake in shares of Oklo by 454.5% during the second 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. 85.03% of the stock is owned by 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.