Oklo Inc. (NYSE:OKLO – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the twenty-three research firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation, eleven have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $83.0556.
Several research analysts recently commented on OKLO shares. Bank of America started coverage on Oklo in a research report on Friday, May 22nd. They issued a “buy” rating and a $80.00 target price for the company. Citigroup raised their target price on Oklo from $73.50 to $76.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $122.00 target price on shares of Oklo in a research report on Wednesday, May 13th. B. Riley Financial reduced their target price on Oklo from $129.00 to $92.00 and set a “buy” rating for the company in a research report on Wednesday, March 18th. Finally, The Goldman Sachs Group reduced their target price on Oklo from $91.00 to $65.00 and set a “neutral” rating for the company in a research report on Wednesday, March 18th.
Get Our Latest Research Report on Oklo
Oklo Price Performance
Oklo (NYSE:OKLO – Get Free Report) last issued its earnings results on Tuesday, May 12th. The company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.01. During the same period in the prior year, the firm earned ($0.07) earnings per share. Equities research analysts anticipate that Oklo will post -0.78 EPS for the current year.
Insiders Place Their Bets
In other Oklo news, CEO Jacob Dewitte sold 140,000 shares of Oklo stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $50.39, for a total transaction of $7,054,600.00. Following the completion of the transaction, the chief executive officer directly owned 656,483 shares of the company’s stock, valued at approximately $33,080,178.37. This trade represents a 17.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Richard Craig Bealmear sold 72,090 shares of Oklo stock in a transaction on Friday, March 13th. The shares were sold at an average price of $60.00, for a total value of $4,325,400.00. Following the transaction, the chief financial officer directly owned 386,008 shares of the company’s stock, valued at approximately $23,160,480. The trade was a 15.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 819,588 shares of company stock valued at $49,774,300. Company insiders own 18.90% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Gables Capital Management Inc. bought a new position in shares of Oklo during the third quarter valued at $28,000. Nemes Rush Group LLC bought a new position in shares of Oklo during the third quarter valued at $28,000. CI Investments Inc. lifted its holdings in shares of Oklo by 153.0% during the third quarter. CI Investments Inc. now owns 296 shares of the company’s stock valued at $33,000 after acquiring an additional 179 shares during the period. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Oklo during the third quarter valued at $33,000. Finally, Comprehensive Financial Planning Inc. PA lifted its holdings in shares of Oklo by 950.0% during the third quarter. Comprehensive Financial Planning Inc. PA now owns 315 shares of the company’s stock valued at $35,000 after acquiring an additional 285 shares during the period. 85.03% of the stock is owned by institutional investors.
More Oklo News
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: The biggest catalyst is Oklo’s selection by the U.S. Department of Energy for advanced negotiations under the Surplus Plutonium Utilization Program, which could allow the company and partner newcleo to turn Cold War-era surplus plutonium into fuel for advanced reactors. Investors appear to view this as a major strategic win because it could ease one of the key bottlenecks for scaling nuclear power. Article Title
- Positive Sentiment: News flow around the DOE program was broadly positive, with multiple reports noting that Oklo was one of only a handful of companies chosen for the initiative, reinforcing confidence in its regulatory and government relationships. Article Title
- Positive Sentiment: Oklo also drew attention for a separate partnership with a national lab to develop AI-enabled reactors, adding to the narrative that the company is positioning itself to serve future power demand from data centers and AI infrastructure. Article Title
- Neutral Sentiment: Several articles framed the move as an important milestone toward commercialization, but the DOE step is still a negotiation phase rather than a finalized fuel supply agreement. Article Title
- Negative Sentiment: Despite the bullish headlines, Oklo remains a pre-revenue company with execution risk, and the stock has already been volatile, so investors may be pricing in a lot of future success upfront. Article Title
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.
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