Oklo (NYSE:OKLO) Shares Down 9.8% – Here’s Why

Oklo Inc. (NYSE:OKLO) shares dropped 9.8% during mid-day trading on Thursday . The stock traded as low as $70.87 and last traded at $71.7840. Approximately 14,447,582 shares changed hands during mid-day trading, an increase of 25% from the average daily volume of 11,573,731 shares. The stock had previously closed at $79.62.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo received U.S. Nuclear Regulatory Commission approval of its Principal Design Criteria topical report for the Aurora powerhouse in Idaho, a meaningful step that reduces regulatory uncertainty and supports the timeline for its advanced reactor rollout. Article Title
• Positive Sentiment: Investor enthusiasm also appears to be driven by Oklo’s expanding AI power narrative, including collaboration news tied to NVIDIA and Los Alamos National Laboratory, which strengthens the bull case for future demand for its nuclear power solutions. Article Title
• Positive Sentiment: Analysts and commentators are also highlighting the May 12 Q1 earnings release as a potential inflection point, with some saying confirmation of execution milestones could trigger a further move higher and help unwind the stock’s valuation discount. Article Title
• Positive Sentiment: The company’s large liquidity position and the Meta prepayment deal are seen as reducing financing risk and improving near-term revenue visibility, which supports investor confidence ahead of earnings. Article Title
• Neutral Sentiment: Oklo has also been featured in multiple preview pieces ahead of Q1 results, with analysts warning the company is expected to report wider losses, making the upcoming print a key volatility event rather than a clear near-term fundamental catalyst. Article Title
• Negative Sentiment: Some traders are also pointing to elevated short interest in OKLO, which can create pressure if sentiment weakens even though it also raises the possibility of a short squeeze. Article Title

Analyst Upgrades and Downgrades

OKLO has been the topic of several research reports. Citigroup lowered their target price on Oklo from $95.00 to $73.50 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Wedbush restated an “outperform” rating on shares of Oklo in a research note on Friday, January 9th. Bank of America upgraded Oklo from a “neutral” rating to a “buy” rating and boosted their target price for the company from $111.00 to $127.00 in a research note on Wednesday, January 21st. UBS Group lowered their target price on Oklo from $95.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, March 26th. Finally, Craig Hallum restated a “hold” rating on shares of Oklo in a research note on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Oklo presently has an average rating of “Moderate Buy” and an average target price of $87.68.

Oklo Stock Up 1.4%

The company has a market capitalization of $12.66 billion, a PE ratio of -101.12 and a beta of 1.16. The company has a 50-day moving average price of $60.27 and a two-hundred day moving average price of $81.43.

Oklo (NYSE:OKLO) last announced its quarterly earnings results on Tuesday, March 17th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.10). During the same quarter in the prior year, the firm posted ($0.74) earnings per share. As a group, equities analysts anticipate that Oklo Inc. will post -0.75 EPS for the current fiscal year.

Insider Buying and Selling at Oklo

In other 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 value of $7,054,600.00. Following the completion of the transaction, the chief executive officer directly owned 656,483 shares in the company, valued at approximately $33,080,178.37. The trade was a 17.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 completion of the transaction, the chief financial officer owned 386,008 shares of the company’s stock, valued at approximately $23,160,480. This trade represents a 15.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 809,040 shares of company stock valued at $49,162,094. 18.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Oklo

Hedge funds have recently made changes to their positions in the stock. NBC Securities Inc. grew its position in Oklo by 75.0% during the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after buying an additional 150 shares in the last quarter. Costello Asset Management INC grew 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 buying an additional 200 shares in the last quarter. GAMMA Investing LLC grew its position in Oklo by 356.3% during the fourth quarter. GAMMA Investing LLC now owns 365 shares of the company’s stock worth $26,000 after buying an additional 285 shares in the last quarter. Gables Capital Management Inc. purchased a new position in Oklo during the third quarter worth about $28,000. Finally, Nemes Rush Group LLC purchased a new position in Oklo during the third quarter worth about $28,000. 85.03% of the stock is currently owned by hedge funds and other 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.