Citigroup Lowers Oklo (NYSE:OKLO) Price Target to $73.50

Oklo (NYSE:OKLO) had its price objective cut by analysts at Citigroup from $95.00 to $73.50 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Citigroup’s target price would suggest a potential upside of 21.58% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on the stock. Wedbush reissued an “outperform” rating on shares of Oklo in a report on Friday, January 9th. UBS Group reiterated a “neutral” rating on shares of Oklo in a research note on Monday, January 12th. Needham & Company LLC dropped their price objective on Oklo from $135.00 to $73.00 and set a “buy” rating on the stock in a report on Wednesday. HC Wainwright restated a “buy” rating and issued a $90.00 target price on shares of Oklo in a research note on Wednesday. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Oklo in a report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $91.83.

Oklo Trading Down 0.1%

Shares of OKLO stock traded down $0.08 on Wednesday, hitting $60.45. 4,407,487 shares of the stock were exchanged, compared to its average volume of 10,583,315. The firm’s 50 day moving average is $75.08 and its two-hundred day moving average is $95.27. Oklo has a one year low of $17.42 and a one year high of $193.84. The firm has a market capitalization of $9.45 billion, a PE ratio of -111.35 and a beta of 0.80.

Oklo (NYSE:OKLO) 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 quarter last year, the company posted ($0.74) earnings per share. On average, sell-side analysts expect that Oklo will post -8.2 earnings per share for the current year.

Insider Activity at Oklo

In other Oklo news, CFO Richard Craig Bealmear sold 72,090 shares of Oklo stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $60.00, for a total transaction of $4,325,400.00. Following the completion of the sale, the chief financial officer directly owned 386,008 shares in the company, valued at $23,160,480. The trade was a 15.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jacob Dewitte sold 840,000 shares of the stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 1,580,000 shares in the company, valued at $130,065,600. The trade was a 34.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 2,067,583 shares of company stock worth $170,285,400. 18.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Oklo

Several hedge funds have recently added to or reduced their stakes in OKLO. Armstrong Advisory Group Inc. purchased a new position in shares of Oklo during the 3rd quarter valued at about $27,000. Gables Capital Management Inc. purchased a new stake in Oklo in the third quarter worth approximately $28,000. Nemes Rush Group LLC bought a new position in Oklo during the third quarter valued at approximately $28,000. CI Investments Inc. raised its stake in shares of Oklo by 153.0% during the third quarter. CI Investments Inc. now owns 296 shares of the company’s stock worth $33,000 after acquiring an additional 179 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. purchased a new position in shares of Oklo during the third quarter worth approximately $33,000. Institutional investors own 85.03% of the company’s stock.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: DOE approval for the Nuclear Safety Design Agreement (NSDA) for Atomic Alchemy’s Groves Isotopes Test Reactor — a concrete step toward isotope production and a potential early revenue stream. BusinessWire: DOE NSDA Approval
• Positive Sentiment: U.S. Nuclear Regulatory Commission granted a materials license to Atomic Alchemy (Oklo subsidiary) for isotope handling — reduces a key regulatory hurdle for early commercial activity. Yahoo: NRC License for Atomic Alchemy
• Positive Sentiment: Analyst support: Cantor Fitzgerald reaffirmed an “overweight” view with a $122 price target and HC Wainwright kept a buy rating ($90 PT) — favorable analyst commentary lends buying interest. Benzinga: Analyst Notes
• Neutral Sentiment: Several firms revised price targets—Canaccord lowered its target but stayed bullish, Needham cut its target to $73—these mixed adjustments create complicated short-term guidance for sentiment. Benzinga: Price Target Changes
• Neutral Sentiment: Market/coverage pieces and the Meta data‑center announcement keep Oklo in headlines and may be supporting momentum independent of fundamentals. Yahoo: Meta Backing Hype
• Negative Sentiment: Q4 earnings missed expectations: reported EPS of ($0.27) vs. consensus ($0.17) — wider loss underscores pre‑revenue status and near-term cash burn concerns. Proactive Investors: Q4 Loss
• Negative Sentiment: Insider selling: CEO and CFO disclosed multi‑block share sales (March filings), which may add selling pressure and raise questions about timing of personal liquidity. SEC Form 4 (CEO)
• Negative Sentiment: CFO Richard Bealmear sold ~72k shares (SEC filing) — additional senior insider sales amplify investor wariness about near-term dilution or confidence. SEC Form 4 (CFO)

About Oklo

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.