Oklo Inc. (NYSE:OKLO – Get Free Report) shares fell 9.8% during mid-day trading on Thursday . The stock traded as low as $70.87 and last traded at $71.7840. 14,447,582 shares were traded during mid-day trading, an increase of 25% from the average session volume of 11,573,731 shares. The stock had previously closed at $79.62.
Oklo News Roundup
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: NRC approval + AI tie-up: The NRC cleared Oklo’s Principal Design Criteria for the Aurora powerhouse and reporting around collaborations with NVIDIA and Los Alamos National Lab boosted investor optimism about regulatory progress and AI-powered energy use cases. Why Oklo Stock Is Climbing Higher This Week
- Positive Sentiment: Regulatory milestone confirmed: The NRC approved Oklo’s PDC topical report on an accelerated schedule, a key licensing step that underpins plans to deploy multiple Aurora units. Oklo’s NRC Principal Design Criteria Topical Report Approved for Aurora Powerhouse in Idaho
- Neutral Sentiment: Upcoming earnings: Oklo is due to report Q1 results on May 12; several previews and analyst notes outline how to position ahead of the print, creating event-driven volatility. Here’s How to Play OKLO Stock Before Q1 Earnings Release
- Neutral Sentiment: Short-interest and catalysts: OKLO carries elevated short interest for the utilities sector, which could amplify moves (both squeezes and reversals) and has been flagged as a potential catalyst separate from fundamentals. The Biggest Catalyst for OKLO Stock May Not Be Earnings, But a Brewing Short Squeeze
- Negative Sentiment: Sector profit-taking and pullback: After an “explosive” multi-day rally in nuclear names, profit-taking and a wider sector decline pushed Oklo share prices lower as traders rotated out of gains. NANO Nuclear Slides 10%, Oklo Falls 8%, Cameco Slips 4 After Nuclear Stocks Explosive Rally
- Negative Sentiment: Fundamental risk ahead of earnings: Oklo has reported quarterly losses (last reported EPS missed consensus) and analysts expect wider FY losses, raising the risk that the May 12 print fails to justify recent price levels—heightening downside on a miss.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on OKLO. Wedbush reiterated an “outperform” rating on shares of Oklo in a report on Friday, January 9th. Canaccord Genuity Group lowered their price target on Oklo from $175.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday, March 18th. Texas Capital upgraded Oklo to a “strong-buy” rating in a report on Tuesday, January 27th. Bank of America raised Oklo from a “neutral” rating to a “buy” rating and increased their target price for the stock from $111.00 to $127.00 in a research note on Wednesday, January 21st. Finally, UBS Group lowered their target price on Oklo from $95.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, March 26th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.68.
Oklo Stock Performance
The business has a 50-day simple moving average of $60.14 and a 200-day simple moving average of $82.08. The company has a market cap of $12.48 billion, a price-to-earnings ratio of -99.70 and a beta of 1.16.
Oklo (NYSE:OKLO – Get Free Report) last announced its quarterly earnings data on Tuesday, March 17th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.10). During the same period last year, the business earned ($0.74) earnings per share. Research analysts anticipate that Oklo Inc. will post -0.75 EPS for the current year.
Insider Buying and Selling at Oklo
In other Oklo news, insider William Carroll Murphy Goodwin sold 2,820 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $56.69, for a total value of $159,865.80. Following the sale, the insider directly owned 15,991 shares in the company, valued at $906,529.79. This trade represents a 14.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jacob Dewitte sold 140,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $70.50, for a total value of $9,870,000.00. Following the transaction, the chief executive officer directly owned 598,039 shares of the company’s stock, valued at approximately $42,161,749.50. This represents a 18.97% 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. In the last three months, insiders have sold 809,040 shares of company stock valued at $49,162,094. Insiders own 18.90% of the company’s stock.
Hedge Funds Weigh In On Oklo
A number of institutional investors and hedge funds have recently added to or reduced their stakes in OKLO. Caprock Group LLC purchased a new stake in Oklo during the third quarter worth about $14,829,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Oklo by 48.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 164,860 shares of the company’s stock valued at $18,403,000 after buying an additional 54,080 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Oklo by 298.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 23,396 shares of the company’s stock valued at $2,612,000 after acquiring an additional 17,526 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Oklo during the 3rd quarter worth approximately $2,177,000. Finally, Van ECK Associates Corp boosted its stake in shares of 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 acquiring an additional 1,316,867 shares in the last quarter. 85.03% of the stock is owned by institutional investors and hedge funds.
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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