Oklo (NYSE:OKLO) Upgraded at Bank of America

Bank of America upgraded shares of Oklo (NYSE:OKLO) from a neutral rating to a buy rating in a research note issued to investors on Wednesday, MarketBeat reports. Bank of America currently has $127.00 target price on the stock, up from their prior target price of $111.00.

A number of other analysts have also commented on OKLO. William Blair reaffirmed an “outperform” rating on shares of Oklo in a research note on Wednesday, November 12th. Citigroup reaffirmed a “neutral” rating on shares of Oklo in a research note on Monday, November 24th. Wedbush reissued an “outperform” rating on shares of Oklo in a research note on Friday, January 9th. Canaccord Genuity Group initiated coverage on shares of Oklo in a research report on Thursday, October 9th. They set a “buy” rating and a $175.00 target price on the stock. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $122.00 target price on shares of Oklo in a research note on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.20.

Oklo Price Performance

OKLO stock opened at $87.54 on Wednesday. The company’s 50 day simple moving average is $90.03 and its 200-day simple moving average is $95.45. Oklo has a 12 month low of $17.42 and a 12 month high of $193.84. The firm has a market capitalization of $13.68 billion, a PE ratio of -162.12 and a beta of 0.76.

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

Insider Activity

In other Oklo news, CFO Richard Craig Bealmear sold 69,841 shares of Oklo stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $78.40, for a total transaction of $5,475,534.40. Following the transaction, the chief financial officer directly owned 202,072 shares of the company’s stock, valued at $15,842,444.80. The trade was a 25.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Jacob Dewitte sold 840,000 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $82.32, for a total transaction of $69,148,800.00. Following the sale, the chief executive officer owned 1,580,000 shares of the company’s stock, valued at approximately $130,065,600. This represents a 34.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,552,800 shares of company stock valued at $137,543,426 in the last three months. Corporate insiders own 18.90% of the company’s stock.

Hedge Funds Weigh In On Oklo

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Oklo by 33.4% during the third quarter. Vanguard Group Inc. now owns 11,593,468 shares of the company’s stock worth $1,294,179,000 after acquiring an additional 2,901,909 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Oklo by 71.8% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock valued at $792,822,000 after purchasing an additional 2,968,981 shares in the last quarter. Van ECK Associates Corp increased its holdings in Oklo by 61.0% during the 3rd quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock worth $387,914,000 after purchasing an additional 1,316,867 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Oklo by 195.9% in the 2nd quarter. Geode Capital Management LLC now owns 2,248,425 shares of the company’s stock valued at $125,906,000 after purchasing an additional 1,488,482 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Oklo by 454.5% during the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock valued at $119,743,000 after buying an additional 1,752,946 shares during the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Bank of America upgraded Oklo to a Buy, citing the Meta agreement as a meaningful step forward and prompting renewed analyst attention. Stock Rating Upgraded by Bank of America
• Positive Sentiment: Meta’s deal to advance the Pike County 1.2 GW campus adds a prepay funding mechanism and validates Oklo’s Aurora technology — a credibility boost that underpins recent upgrades. (Long timelines noted.) Oklo: Meta Just Turned A Maybe Into A When
• Positive Sentiment: Positive macro/policy tone for nuclear energy after President Trump praised nuclear at Davos, a tailwind for investor sentiment in the sector that can lift Oklo’s outlook. Trump’s Nuclear Nod: 3 Discounted Stocks Primed for a 2026 Breakout
• Neutral Sentiment: Market reaction included a gap up after the analyst upgrade and an industry consensus moving to a “Moderate Buy,” but that reflects sentiment rather than new revenue or contracts. Shares Gap Up After Analyst Upgrade
• Neutral Sentiment: Commentary and videos note Oklo’s strong year‑over‑year move (+125% Y/Y cited) despite zero current revenue — useful context for momentum traders but not a fundamental shift. Gilland: OKLO’s Stepping Stone with META Needs More AI Support
• Negative Sentiment: Fundamentals still weigh on the stock: no revenue, a recent EPS miss, and very long project timelines (Phase 1 “as early as 2030”, full deployment not until the mid‑2030s) — these increase execution and cash‑flow risk and justify investor caution.

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.