Oklo’s (OKLO) Buy Rating Reiterated at HC Wainwright

HC Wainwright reissued their buy rating on shares of Oklo (NYSE:OKLO) in a report issued on Monday morning,Benzinga reports. HC Wainwright currently has a $90.00 price target on the stock. HC Wainwright also issued estimates for Oklo’s Q3 2026 earnings at ($0.30) EPS, Q4 2026 earnings at ($0.33) EPS, FY2026 earnings at ($1.10) EPS, FY2027 earnings at ($1.40) EPS, FY2028 earnings at ($1.51) EPS, FY2029 earnings at ($0.79) EPS and FY2030 earnings at $1.46 EPS.

A number of other brokerages have also recently weighed in on OKLO. Canaccord Genuity Group dropped their price target on Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a research report on Monday. 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 objective on the stock. Barclays lowered their price objective on shares of Oklo from $82.00 to $76.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. started coverage on shares of Oklo in a report on Monday, May 11th. They set a “neutral” rating and a $83.00 target price for the company. Finally, Weiss Ratings upgraded shares of Oklo from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $85.03.

Oklo Price Performance

OKLO opened at $45.11 on Monday. The stock has a market cap of $8.39 billion, a P/E ratio of -47.99 and a beta of 1.17. The stock’s 50 day simple moving average is $49.50 and its 200 day simple moving average is $59.39. Oklo has a 1-year low of $36.61 and a 1-year high of $193.84.

Oklo (NYSE:OKLO) last released its quarterly earnings data on Friday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The company had revenue of $1.21 million during the quarter, compared to analysts’ expectations of $0.09 million. Oklo’s quarterly revenue was up 11900.0% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.18) earnings per share. Research analysts expect that Oklo will post -0.85 EPS for the current fiscal year.

Insider Activity

In other news, CFO Richard Craig Bealmear sold 73,081 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $68.42, for a total value of $5,000,202.02. Following the sale, the chief financial officer directly owned 397,642 shares in the company, valued at $27,206,665.64. This represents a 15.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jacob Dewitte sold 60,000 shares of Oklo stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $52.80, for a total value of $3,168,000.00. Following the sale, the chief executive officer owned 511,533 shares of the company’s stock, valued at approximately $27,008,942.40. This represents a 10.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 483,629 shares of company stock worth $29,855,608 over the last three months. 12.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Oklo

A number of hedge funds and other institutional investors have recently modified their holdings of OKLO. NBC Securities Inc. raised its position in shares of Oklo by 75.0% in the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock valued at $25,000 after buying an additional 150 shares during the last quarter. Costello Asset Management INC boosted its position in Oklo by 66.7% during the first quarter. Costello Asset Management INC now owns 500 shares of the company’s stock worth $25,000 after acquiring an additional 200 shares during the last quarter. Gilpin Wealth Management LLC purchased a new stake in Oklo in the 4th quarter worth approximately $29,000. SHP Wealth Management acquired a new position in Oklo in the 4th quarter valued at $32,000. Finally, Ascentis Independent Advisors acquired a new position in Oklo in the 1st quarter valued at $33,000. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo reported its first quarterly revenue of $1.21 million, while achieving first criticality at its Groves low-power test reactor in Texas. These developments provide evidence that the company is moving beyond a purely speculative, pre-revenue story. Why Oklo Is Up After First Criticality and Initial Reactor Sales
• Positive Sentiment: Management is targeting growth across isotope, fuel and small modular reactor businesses through 2028, and its roughly $3 billion liquidity position could help fund development while reducing near-term financing and dilution concerns. Oklo’s Revenue Transition Gives Bulls a New Reason to Watch
• Positive Sentiment: HC Wainwright maintained a Buy rating and a $90 price target, indicating substantial potential upside if Oklo executes on its reactor and fuel commercialization plans. Oklo Earns Buy Rating from HC Wainwright
• Neutral Sentiment: Other analysts remain cautious: Truist issued a Hold rating and Citi maintained its Hold view. The mixed ratings reflect uncertainty over the timing and economics of Oklo’s future reactor projects. Oklo Gets a Hold from Truist Financial
• Negative Sentiment: Despite the revenue milestone, Oklo posted a $48.54 million quarterly net loss and a $0.28 per-share loss, worse than the $0.16 loss analysts expected. The widening losses are limiting the positive impact of its initial sales. Oklo Shares Down Following Weak Earnings
• Negative Sentiment: HC Wainwright sharply reduced its EPS forecasts for 2026 through 2029 and lowered its 2030 estimate to $1.46 from $2.20. The revisions signal expectations for higher expenses or slower commercialization, even though the firm kept its Buy rating. HC Wainwright Earnings Estimate Revisions
• Negative Sentiment: CEO Jacob DeWitte’s sale of 120,000 shares for approximately $4.9 million may add to investor concern, although he reportedly retained nearly 472,000 shares directly. Oklo CEO Share Sale

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.