Oklo Inc. (NYSE:OKLO) Stock Has Average Target Price of $82.44 According to Brokerages

Oklo Inc. (NYSE:OKLO) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-three analysts that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $82.44.

Several analysts have recently issued reports on OKLO shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Oklo in a report on Friday, August 7th. Canaccord Genuity Group decreased their price objective on Oklo from $125.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. Barclays reduced their target price 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. Truist Financial set a $51.00 price target on Oklo in a research note on Monday, September 28th. Finally, Citigroup reduced their target price on Oklo from $76.00 to $57.50 and set a “neutral” rating on the stock in a research note on Monday, August 10th.

Insider Buying and Selling at Oklo

In other Oklo news, insider John Hanson sold 1,100 shares of the firm’s stock in a transaction that occurred on Monday, September 28th. The shares were sold at an average price of $37.39, for a total value of $41,129.00. Following the completion of the sale, the insider directly owned 361,350 shares in the company, valued at $13,510,876.50. This trade represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Alexandra Renner sold 1,100 shares of the company’s stock in a transaction that occurred on Monday, September 28th. The shares were sold at an average price of $37.39, for a total transaction of $41,129.00. Following the transaction, the insider owned 477,595 shares in the company, valued at $17,857,277.05. The trade was a 0.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 166,005 shares of company stock worth $6,414,549 over the last quarter. Insiders own 12.70% of the company’s stock.

Institutional Trading of Oklo

Hedge funds and other institutional investors have recently made changes to their positions in the business. Citizens Financial Group Inc. RI boosted its stake in Oklo by 1.0% during the 1st quarter. Citizens Financial Group Inc. RI now owns 18,704 shares of the company’s stock worth $928,000 after purchasing an additional 182 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Oklo by 0.3% in the first quarter. The Manufacturers Life Insurance Company now owns 70,433 shares of the company’s stock valued at $3,493,000 after buying an additional 183 shares during the last quarter. Triton Wealth Management PLLC lifted its stake in shares of Oklo by 1.3% in the first quarter. Triton Wealth Management PLLC now owns 14,760 shares of the company’s stock worth $734,000 after buying an additional 191 shares in the last quarter. Costello Asset Management INC lifted its stake in shares of Oklo by 66.7% in 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. Finally, Strategic Advocates LLC lifted its stake in shares of Oklo by 70.9% in the fourth quarter. Strategic Advocates LLC now owns 663 shares of the company’s stock worth $47,000 after buying an additional 275 shares in the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

Oklo Stock Down 0.1%

Shares of OKLO stock opened at $35.84 on Wednesday. The company’s fifty day simple moving average is $40.65 and its two-hundred day simple moving average is $51.88. Oklo has a 52 week low of $34.38 and a 52 week high of $193.84. The stock has a market cap of $6.67 billion, a P/E ratio of -38.12 and a beta of 1.20.

Oklo (NYSE:OKLO) last issued its earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The firm had revenue of $1.21 million during the quarter, compared to analysts’ expectations of $0.09 million. During the same quarter last year, the business earned ($0.18) earnings per share. The company’s revenue was up 11900.0% on a year-over-year basis. On average, analysts anticipate that Oklo will post -0.99 EPS for the current fiscal year.

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Analyst support: Piper Sandler reaffirmed its Buy rating on Oklo, providing a positive signal for investor sentiment despite the company’s lack of commercial-scale revenue. Piper Sandler Reaffirms Their Buy Rating on Oklo Inc
• Positive Sentiment: Spent-fuel opportunity: Coverage highlights Oklo’s Oak Ridge project and the possibility of converting used nuclear fuel into reusable reactor material. If successful, this could create a business beyond selling power from Aurora reactors, although the concept remains unproven and long term. Can OKLO Turn Used Nuclear Fuel Into a Scalable Business?
• Neutral Sentiment: Sector interest: Growing demand for nuclear power from artificial-intelligence data centers supports the broader market opportunity for advanced reactors, but Oklo must still demonstrate that it can commercialize its technology and secure projects.
• Negative Sentiment: Heavy short interest: Oklo was identified as having one of the highest short-interest levels in the utilities sector, signaling that many investors are betting against the stock and potentially increasing volatility. OKLO, BKH Draw Highest Short Interest in Utilities Sector
• Negative Sentiment: Competitive concerns: Articles favor established nuclear companies such as Centrus Energy and BWXT because they already generate revenue, while Oklo remains a speculative, cash-burning developer. Comparisons with NANO Nuclear Energy also underscore commercialization and funding risks. This Nuclear Stock Could Outperform Oklo and NuScale
• Negative Sentiment: Insider selling: Three Oklo insiders—including William Carroll Murphy Goodwin, John Hanson, and Alexandra Renner—reported sales totaling 3,975 shares, a modest but potentially negative sentiment signal. Oklo Insider William Carroll Murphy Goodwin Sells Shares

Oklo Company Profile

Oklo Inc is an advanced fission technology company developing compact nuclear power plants designed to provide reliable, carbon-free electricity. Its flagship Aurora powerhouse is a small-scale fission system intended to operate for extended periods and supply power directly to industrial, commercial, and other large energy users.

The company is also developing fuel-recycling capabilities to support the use of recovered nuclear fuel in advanced reactors. Oklo has pursued partnerships and regulatory work in the United States, including activities associated with the Idaho National Laboratory, and is initially focused on serving U.S.