Oklo (NYSE:OKLO – Free Report) had its price objective trimmed by Citigroup from $95.00 to $73.50 in a research report sent to investors on Wednesday,Benzinga reports. The firm currently has a neutral rating on the stock.
OKLO has been the topic of a number of other reports. HC Wainwright restated a “buy” rating and set a $90.00 target price on shares of Oklo in a report on Wednesday. UBS Group reiterated a “neutral” rating on shares of Oklo in a research note on Monday, January 12th. Barclays cut their price target on shares of Oklo from $146.00 to $82.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. Wedbush reissued an “outperform” rating on shares of Oklo in a research report on Friday, January 9th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Oklo in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Oklo currently has an average rating of “Moderate Buy” and a consensus target price of $86.63.
Read Our Latest Stock Report on Oklo
Oklo Stock Down 1.4%
Oklo (NYSE:OKLO – Get Free Report) last announced its quarterly earnings data on Tuesday, March 17th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.10). During the same period in the prior year, the company posted ($0.74) earnings per share. On average, equities research analysts anticipate that Oklo will post -8.2 EPS for the current fiscal year.
Insiders Place Their Bets
In other Oklo news, CFO Richard Craig Bealmear sold 72,090 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $60.00, for a total transaction of $4,325,400.00. Following the transaction, the chief financial officer owned 386,008 shares in the company, valued at $23,160,480. This trade represents a 15.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jacob Dewitte sold 840,000 shares of Oklo stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $82.32, for a total value of $69,148,800.00. Following the sale, the chief executive officer directly owned 1,580,000 shares of the company’s stock, valued at $130,065,600. This represents a 34.71% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 2,062,424 shares of company stock worth $169,888,312. Insiders own 18.90% of the company’s stock.
Institutional Trading of Oklo
Several hedge funds and other institutional investors have recently bought and sold shares of OKLO. Hsbc Holdings PLC boosted its holdings in Oklo by 1,184.4% in the 4th quarter. Hsbc Holdings PLC now owns 112,372 shares of the company’s stock valued at $8,063,000 after purchasing an additional 103,623 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of Oklo by 427.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 171,128 shares of the company’s stock worth $12,280,000 after purchasing an additional 138,659 shares in the last quarter. SHP Wealth Management bought a new position in shares of Oklo during the fourth quarter worth approximately $32,000. Tulsa Wealth Advisors INC bought a new position in shares of Oklo during the fourth quarter worth approximately $332,000. Finally, Strategic Investment Solutions Inc. IL raised its position in shares of Oklo by 45.5% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 1,488 shares of the company’s stock valued at $107,000 after buying an additional 465 shares in the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.
More Oklo News
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: HC Wainwright reaffirmed a “Buy” rating and a $90 price target, maintaining institutional support that can prop up the stock despite near-term misses. HC Wainwright Reiterates Buy
- Positive Sentiment: Oklo signed a deal with the U.S. Department of Energy to build a reactor at Idaho National Lab — a tangible program milestone that strengthens commercialization credibility and future revenue potential. DOE reactor deal
- Positive Sentiment: Analyst and media pieces highlight Oklo’s diversified pathway (isotopes, fuel, reactors) and argue the company may be near a base — supporting a longer-term bullish case if execution continues. MarketBeat: The bottom is in
- Positive Sentiment: Commentary from The Motley Fool and Zacks highlights secular tailwinds (AI/data center demand for reliable low-carbon power, geopolitical energy volatility) that could increase long-term demand for Oklo’s technology. Fool prediction on nuclear demand Zacks: nuclear model stability
- Neutral Sentiment: Cantor Fitzgerald reiterated an Overweight rating — additional coverage and differing targets are keeping the narrative mixed but visible to investors. Cantor Fitzgerald Overweight
- Negative Sentiment: Oklo reported Q4 results that missed expectations, and the market reacted negatively (shares pulled back following the release). Near-term profitability remains a distant target, increasing sensitivity to execution. Earnings miss / shares down Yahoo: stock dips after earnings
- Negative Sentiment: Several broker notes (Goldman Sachs, Needham, Canaccord, B. Riley) issued cautious/pessimistic near-term forecasts or lowered expectations, adding selling pressure and raising short-term downside risk. Goldman Sachs pessimistic forecast Needham pessimistic forecast Canaccord forecast B. Riley lowered expectations
- Negative Sentiment: Insider selling: Oklo’s CFO disclosed a large sale (~$4.33M), which can concern investors about timing and valuation. CFO insider sale
- Negative Sentiment: HC Wainwright cut multi-year EPS estimates substantially while keeping a $90 target — that combination signals longer roadmap risk (execution/timing) even as some analysts stay constructive. HC Wainwright estimates update
Oklo Company Profile
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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