Oklo (NYSE:OKLO) Trading Down 8.9% – What’s Next?

Shares of Oklo Inc. (NYSE:OKLO) traded down 8.9% during mid-day trading on Thursday . The company traded as low as $83.50 and last traded at $85.9660. 14,252,406 shares traded hands during trading, a decline of 1% from the average session volume of 14,460,893 shares. The stock had previously closed at $94.39.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Analyst upgrade — Texas Capital moved OKLO to a “strong-buy,” which supports bullish sentiment and may underpin buying interest after this week’s rally. Zacks.com Tickerreport.com
• Positive Sentiment: DOE nuclear initiative — Department of Energy announcements lifting the nuclear sector helped spark a double-digit rally in OKLO shares as investors rotated into nuclear names. Oklo Inc. (OKLO) Jumps 10.7% as DOE Unveils New Nuclear Devt Program
• Positive Sentiment: Commercial traction narrative — Coverage highlights Oklo’s deal with Meta for power and a DOE isotope pilot, signaling steps toward revenue opportunities and helping drive short-term optimism. Oklo Seeks Commercial Traction With Meta Power Deal And DOE Isotope Pilot
• Neutral Sentiment: Technical-commentary piece — A Zacks note draws parallels to OKLO’s 2024 price pattern, suggesting technical momentum could repeat; useful for traders but speculative for long-term valuation. OKLO: Deja vu? (An 11x Return Last Time this Occured)
• Negative Sentiment: High‑profile skepticism — Jim Cramer publicly stated “Oklo is not a commercial enterprise,” a comment that can undercut confidence among retail/institutional investors and exacerbate selling after a sharp run-up. Jim Cramer Says “Oklo Is Not a Commercial Enterprise”
• Negative Sentiment: Competitive/market skepticism — An analyst piece compares fuel‑cell provider FCEL as better positioned for fast-deploy data center power, calling into question OKLO’s near-term addressable opportunities in certain markets. Is FCEL Better Positioned Than OKLO for Data Center Power?
• Negative Sentiment: Fundamental headwind — Oklo has a recent history of quarterly EPS misses and analysts expect negative EPS for the fiscal year, which keeps longer‑term investors cautious despite positive headlines. (Earnings data reported Nov. 12; consensus outlook negative.)

Wall Street Analyst Weigh In

OKLO has been the subject of a number of research reports. Canaccord Genuity Group assumed coverage on Oklo in a research note on Thursday, October 9th. They set a “buy” rating and a $175.00 price target for the company. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $106.00 price objective on shares of Oklo in a research report on Friday, January 9th. B. Riley boosted their price target on Oklo from $58.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. William Blair reissued an “outperform” rating on shares of Oklo in a research report on Wednesday, November 12th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Oklo in a report on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $103.20.

Oklo Stock Performance

The firm has a market capitalization of $13.43 billion, a P/E ratio of -159.20 and a beta of 0.76. The company has a 50-day moving average price of $89.37 and a 200-day moving average price of $96.42.

Oklo (NYSE:OKLO) last announced its quarterly earnings results on Wednesday, November 12th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.07). During the same quarter last year, the business posted ($0.08) EPS. Equities analysts predict that Oklo Inc. will post -8.2 EPS for the current year.

Insider Buying and Selling at Oklo

In other Oklo news, CFO Richard Craig Bealmear sold 5,159 shares of Oklo stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $76.97, for a total value of $397,088.23. Following the transaction, the chief financial officer owned 196,913 shares of the company’s stock, valued at approximately $15,156,393.61. The trade was a 2.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jacob Dewitte sold 26,740 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $111.38, for a total transaction of $2,978,301.20. Following the completion of the transaction, the chief executive officer owned 808,197 shares of the company’s stock, valued at $90,016,981.86. This trade represents a 3.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,552,800 shares of company stock worth $137,543,426 in the last ninety days. 18.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Oklo

Hedge funds and other institutional investors have recently bought and sold shares of the company. D.A. Davidson & CO. bought a new stake in Oklo during the 4th quarter worth about $460,000. Pictet Asset Management Holding SA boosted its stake in shares of Oklo by 677.8% in the fourth quarter. Pictet Asset Management Holding SA now owns 128,061 shares of the company’s stock valued at $9,192,000 after buying an additional 111,596 shares during the period. State of Michigan Retirement System bought a new stake in Oklo during the fourth quarter worth about $1,973,000. Sanctuary Advisors LLC lifted its position in shares of Oklo by 3.9% during the 4th quarter. Sanctuary Advisors LLC now owns 35,595 shares of the company’s stock worth $2,554,000 after buying an additional 1,327 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky acquired a new position in shares of Oklo during the fourth quarter worth $399,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

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.