Oklo (NYSE:OKLO) Stock Price Down 9% – Here’s Why

Oklo Inc. (NYSE:OKLO) dropped 9% on Wednesday . The stock traded as low as $75.00 and last traded at $75.9880. Approximately 10,577,134 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 18,005,580 shares. The stock had previously closed at $83.51.

Key Headlines Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: OKLO is pursuing fast‑reactor technology that can consume surplus plutonium, a potential near‑term feedstock advantage that could accelerate deployments and reshape the company’s addressable market. OKLO and Surplus Plutonium: A New Catalyst for Nuclear Growth
• Positive Sentiment: Retail/long‑term investor enthusiasm is strong: retrospectives show sizable gains for IPO investors since last year, reinforcing the narrative that Oklo can capture demand for clean, reliable power driven by AI and decarbonization. If You’d Invested $10,000 in Oklo’s Initial Public Offering, Here’s How Much You’d Have Today
• Positive Sentiment: Broader bullishness on nuclear as a backbone for AI infrastructure is supporting valuations across the group, keeping investor appetite for Oklo intact despite limited current revenue. Should You Buy Nuclear Energy Stocks in 2026?
• Neutral Sentiment: Comparative analyst coverage (NuScale vs Oklo) highlights Oklo’s scalable model but reminds investors that modular SMR competitors carry different execution risk profiles — useful context but mixed for near‑term price action. NuScale Power vs. Oklo: Which Small Modular Reactor Stock Has an Edge?
• Negative Sentiment: An analyst “sell” recommendation triggered a sharp one‑day decline earlier in the week, underscoring sensitivity to negative research and the potential for momentum reversals. Oklo (OKLO) Falls 9% After ‘Sell’ Reco
• Negative Sentiment: High‑visibility media criticism (Jim Cramer urging selling) adds headline‑driven pressure and can amplify short‑term volatility, even if the underlying technical story remains intact. Jim Cramer on Oklo: “I’ve Been Hounding You to Sell for 40 Points Now”

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. UBS Group increased their price objective on Oklo from $65.00 to $95.00 and gave the company a “neutral” rating in a research note on Wednesday, December 3rd. Canaccord Genuity Group began coverage on shares of Oklo in a report on Thursday, October 9th. They set a “buy” rating and a $175.00 target price for the company. Bank of America reduced their target price on shares of Oklo from $117.00 to $111.00 and set a “neutral” rating for the company in a research report on Wednesday, November 12th. Zacks Research upgraded shares of Oklo from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 19th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Oklo in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Oklo presently has an average rating of “Hold” and an average price target of $102.87.

Oklo Stock Performance

The firm’s 50-day moving average price is $112.35 and its two-hundred day moving average price is $90.06. The stock has a market cap of $13.03 billion, a price-to-earnings ratio of -154.43 and a beta of 0.73.

Oklo (NYSE:OKLO) last issued its earnings results on Wednesday, November 12th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.07). During the same period in the prior year, the firm earned ($0.08) EPS. As a group, sell-side analysts expect that Oklo Inc. will post -8.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider William Carroll Murphy Goodwin sold 11,936 shares of the company’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $101.84, for a total value of $1,215,562.24. Following the transaction, the insider owned 8,750 shares of the company’s stock, valued at $891,100. This represents a 57.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jacob Dewitte sold 300,000 shares of the stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $112.26, for a total value of $33,678,000.00. Following the transaction, the chief executive officer owned 9,780,098 shares of the company’s stock, valued at approximately $1,097,913,801.48. This represents a 2.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 442,800 shares of company stock valued at $47,972,680. Insiders own 18.90% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of OKLO. Strategic Investment Solutions Inc. IL purchased a new position in shares of Oklo during the 3rd quarter worth approximately $114,000. Allworth Financial LP increased its stake in Oklo by 10.1% during the third quarter. Allworth Financial LP now owns 2,585 shares of the company’s stock worth $289,000 after purchasing an additional 238 shares during the period. IFP Advisors Inc grew its holdings in shares of Oklo by 100.9% in the third quarter. IFP Advisors Inc now owns 5,652 shares of the company’s stock valued at $631,000 after purchasing an additional 2,839 shares in the last quarter. Swiss Life Asset Management Ltd purchased a new stake in Oklo during the 3rd quarter worth approximately $535,000. Finally, Strategic Advocates LLC acquired a new stake in Oklo during the 3rd quarter worth approximately $43,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

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.