Oklo Inc. (NYSE:OKLO) Receives $85.03 Consensus Price Target from Brokerages

Shares of Oklo Inc. (NYSE:OKLO) have been assigned an average recommendation of “Moderate Buy” from the twenty-three ratings firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation, twelve have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $83.2647.

Several research firms recently weighed in on OKLO. Guggenheim initiated coverage on shares of Oklo in a report on Thursday, June 25th. They set a “neutral” rating on the stock. Truist Financial decreased their price objective on shares of Oklo from $55.00 to $51.00 and set a “hold” rating for the company in a research note on Monday, August 10th. UBS Group dropped their target price on shares of Oklo from $60.00 to $55.00 and set a “neutral” rating on the stock in a research report on Thursday, June 11th. Wolfe Research began coverage on Oklo in a research note on Tuesday, May 19th. They issued a “peer perform” rating on the stock. Finally, Royal Bank Of Canada set a $80.00 target price on Oklo in a report on Friday, May 22nd.

Insiders Place Their Bets

In other news, insider William Carroll Murphy Goodwin sold 11,592 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $39.77, for a total transaction of $461,013.84. Following the completion of the sale, the insider directly owned 45,268 shares of the company’s stock, valued at $1,800,308.36. This trade represents a 20.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Vivek Narayanadas sold 3,264 shares of the business’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $39.77, for a total transaction of $129,809.28. Following the completion of the transaction, the general counsel directly owned 7,822 shares in the company, valued at $311,080.94. This trade represents a 29.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 355,676 shares of company stock valued at $16,618,122. 12.70% of the stock is currently owned by insiders.

Institutional Trading of Oklo

Several hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System lifted its holdings in Oklo by 6,518.7% during the second quarter. California State Teachers Retirement System now owns 8,682,908 shares of the company’s stock valued at $454,377,000 after purchasing an additional 8,551,720 shares during the last quarter. State Street Corp increased its stake in shares of Oklo by 454.5% in the second quarter. State Street Corp now owns 2,138,658 shares of the company’s stock worth $119,743,000 after purchasing an additional 1,752,946 shares in the last quarter. Norges Bank purchased a new position in shares of Oklo in the fourth quarter worth about $73,786,000. Millennium Management LLC lifted its stake in shares of Oklo by 4,974.1% during the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock valued at $12,589,000 after buying an additional 570,532 shares in the last quarter. Finally, Van ECK Associates Corp boosted its holdings in Oklo by 13.9% in the 4th quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock worth $283,902,000 after buying an additional 481,288 shares during the period. Institutional investors own 85.03% of the company’s stock.

Oklo Stock Performance

OKLO stock opened at $36.34 on Friday. The stock’s 50 day simple moving average is $42.97 and its 200 day simple moving average is $54.59. Oklo has a fifty-two week low of $36.20 and a fifty-two week high of $193.84. The company has a market cap of $6.76 billion, a P/E ratio of -38.66 and a beta of 1.18.

Oklo (NYSE:OKLO) last posted its quarterly 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 company had revenue of $1.21 million for the quarter, compared to analyst estimates of $0.09 million. The company’s revenue for the quarter was up 11900.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.18) earnings per share. Equities analysts predict that Oklo will post -0.92 earnings per share for the current year.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Piper Sandler initiated coverage with an Overweight rating and a $55 price target. The analyst views Oklo’s advanced-reactor technology as well positioned to benefit from rising electricity demand from data centers and artificial-intelligence infrastructure. Piper Sandler Initiates a Buy Rating on Oklo
• Neutral Sentiment: Analyst targets remain significantly above the market price. The consensus rating is “Moderate Buy,” with an average target near $83, although targets ranging from $55 to $110 highlight substantial uncertainty around Oklo’s commercialization timeline and valuation. Analysts Set Oklo Price Target
• Neutral Sentiment: Insider sales were disclosed. CEO Jacob DeWitte reportedly sold 120,000 shares for approximately $4.6 million, while General Counsel Vivek Narayanadas sold smaller amounts. The general counsel’s transactions were made under Rule 10b5-1 plans to cover tax obligations, reducing their bearish significance, but the CEO sale may weigh on sentiment. Oklo CEO Share Sale
• Negative Sentiment: Oklo launched a new at-the-market offering of up to $1 billion in Class A shares. The program creates potential dilution and signals that the company may need substantial additional capital. It follows the full use of a prior $1 billion ATM program launched in May, which was exhausted in roughly four months. Oklo Launches New One Billion Dollar Equity Program
• Negative Sentiment: Financing and execution risks remain elevated. Oklo is unprofitable, has not yet deployed a commercial reactor, and its latest quarterly loss of $0.28 per share exceeded the $0.16 consensus estimate. Investors remain concerned about licensing, construction timelines, cash burn and the path to commercial revenue.

Oklo Company Profile

Oklo Inc is an advanced nuclear technology company focused on developing and commercializing small-scale fission power plants. The company’s flagship product, the Aurora powerhouse, is designed to provide reliable, long-term electricity and heat using advanced nuclear reactor technology. Oklo is targeting applications such as industrial operations, data centers, defense facilities and other customers that require dependable, low-carbon energy.

Oklo is also developing fuel-recycling capabilities intended to use certain forms of nuclear fuel more efficiently and reduce the volume of nuclear waste requiring disposal.