Oklo (NYSE:OKLO) Price Target Raised to $129.00

Oklo (NYSE:OKLOFree Report) had its target price lifted by B. Riley from $58.00 to $129.00 in a research note published on Wednesday,Benzinga reports. B. Riley currently has a buy rating on the stock. B. Riley also issued estimates for Oklo’s Q4 2025 earnings at ($0.19) EPS, FY2025 earnings at ($0.63) EPS, FY2026 earnings at ($0.73) EPS and FY2027 earnings at ($0.75) EPS.

Several other research analysts also recently weighed in on the stock. Barclays set a $146.00 target price on shares of Oklo in a research note on Monday, September 29th. BNP Paribas Exane started coverage on shares of Oklo in a research report on Friday, July 25th. They set an “underperform” rating and a $14.00 target price on the stock. Citigroup lifted their target price on shares of Oklo from $30.00 to $68.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 22nd. Bank of America decreased their price objective on Oklo from $117.00 to $111.00 and set a “neutral” rating on the stock in a report on Wednesday. Finally, Seaport Res Ptn lowered Oklo from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $106.29.

Check Out Our Latest Analysis on Oklo

Oklo Price Performance

NYSE OKLO opened at $97.95 on Wednesday. The business has a 50 day moving average price of $123.01 and a 200 day moving average price of $80.47. The company has a market capitalization of $15.30 billion, a P/E ratio of -181.38 and a beta of 0.70. Oklo has a 1-year low of $17.14 and a 1-year high of $193.84.

Oklo (NYSE:OKLOGet Free Report) last announced its quarterly earnings results on Tuesday, November 11th. 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 firm posted ($0.08) earnings per share. On average, research analysts expect that Oklo will post -8.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Oklo

In other news, CFO Richard Craig Bealmear sold 92,378 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $93.73, for a total value of $8,658,589.94. Following the completion of the sale, the chief financial officer directly owned 75,738 shares of the company’s stock, valued at $7,098,922.74. This represents a 54.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Stuart Klein sold 50,000 shares of the business’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 completion of the sale, the director directly owned 150,000 shares of the company’s stock, valued at approximately $20,064,000. The trade was a 25.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 491,387 shares of company stock worth $52,698,580. 18.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Oklo

Institutional investors have recently bought and sold shares of the business. Caldwell Sutter Capital Inc. bought a new stake in Oklo during the 2nd quarter worth about $25,000. Private Trust Co. NA acquired a new stake in shares of Oklo in the second quarter valued at about $25,000. Fourth Dimension Wealth LLC grew its stake in shares of Oklo by 125.0% in the 2nd quarter. Fourth Dimension Wealth LLC now owns 450 shares of the company’s stock valued at $25,000 after buying an additional 250 shares during the period. Armstrong Advisory Group Inc. bought a new stake in Oklo in the 3rd quarter worth about $27,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in Oklo in the 2nd quarter valued at about $28,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

About Oklo

(Get Free Report)

Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

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Analyst Recommendations for Oklo (NYSE:OKLO)

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