Oklo (NYSE:OKLO) Earns Outperform Rating from Wedbush

Oklo (NYSE:OKLO)‘s stock had its “outperform” rating reissued by stock analysts at Wedbush in a note issued to investors on Wednesday,Benzinga reports. They currently have a $110.00 target price on the stock. Wedbush’s price objective suggests a potential upside of 55.25% from the stock’s current price.

Several other research firms have also recently issued reports on OKLO. UBS Group cut their target price on Oklo from $95.00 to $60.00 and set a “neutral” rating for the company in a research note on Thursday, March 26th. Craig Hallum reiterated a “hold” rating on shares of Oklo in a report on Wednesday, March 18th. Needham & Company LLC cut their price objective on Oklo from $135.00 to $73.00 and set a “buy” rating for the company in a research report on Wednesday, March 18th. Weiss Ratings lowered shares of Oklo from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, April 22nd. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $122.00 target price on shares of Oklo in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $85.19.

Oklo Stock Down 3.8%

Shares of Oklo stock traded down $2.78 during mid-day trading on Wednesday, hitting $70.85. The stock had a trading volume of 5,284,634 shares, compared to its average volume of 11,585,735. The firm has a 50-day moving average of $60.80 and a two-hundred day moving average of $80.07. Oklo has a 12-month low of $34.10 and a 12-month high of $193.84. The firm has a market cap of $12.32 billion, a P/E ratio of -98.29 and a beta of 1.16.

Oklo (NYSE:OKLO) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($0.19) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.01. During the same quarter in the previous year, the business posted ($0.07) EPS. Sell-side analysts expect that Oklo will post -0.75 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider William Carroll Murphy Goodwin sold 2,820 shares of Oklo stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $56.69, for a total value of $159,865.80. Following the completion of the transaction, the insider owned 15,991 shares in the company, valued at approximately $906,529.79. The trade was a 14.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Richard Craig Bealmear sold 16,342 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $51.08, for a total transaction of $834,749.36. Following the sale, the chief financial officer directly owned 386,008 shares in the company, valued at approximately $19,717,288.64. The trade was a 4.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 809,040 shares of company stock worth $49,162,094 over the last three months. Company insiders own 18.90% of the company’s stock.

Hedge Funds Weigh In On Oklo

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its position in shares of Oklo by 162.6% during the first quarter. Royal Bank of Canada now owns 92,850 shares of the company’s stock worth $2,009,000 after acquiring an additional 57,497 shares during the period. AQR Capital Management LLC purchased a new position in Oklo in the first quarter valued at $519,000. Millennium Management LLC boosted its holdings in Oklo by 4,974.1% in the first quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock valued at $12,589,000 after purchasing an additional 570,532 shares during the period. NewEdge Advisors LLC grew its stake in Oklo by 165.6% during the 1st quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock worth $339,000 after purchasing an additional 9,772 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Oklo by 90.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 112,772 shares of the company’s stock worth $2,439,000 after purchasing an additional 53,703 shares in the last quarter. Hedge funds and other 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: Oklo said it cleared a major regulatory hurdle for its nuclear project, reinforcing the company’s long-term commercialization path and helping lift investor confidence. Oklo Just Cleared a Big Hurdle—and Its Stock Is Rising
• Positive Sentiment: Oklo announced a partnership with Idaho National Laboratory’s Battelle Energy Alliance to use AI tools to speed advanced reactor and fuel-system design, which could improve engineering efficiency and validate its technology. Oklo and Idaho National Laboratory to Employ AI-Enabled Reactor Design for Advanced Nuclear Systems
• Positive Sentiment: For Q1 2026, Oklo beat earnings expectations by posting a loss of $0.19 per share versus the $0.20 estimate, and it highlighted a strong balance sheet with $1.59 billion in cash and $614.5 million in marketable debt securities. Oklo Publishes First Quarter 2026 Financial Results and Business Update
• Neutral Sentiment: Investors are also focused on broader industry tailwinds, including reports that the U.S. Department of Energy is considering financing for long-lead nuclear reactor parts, which could support the sector if implemented. US considering financing billions of dollars in long-lead time parts of nuclear plants, NEI says
• Negative Sentiment: The company remains unprofitable and management noted that losses deepened, keeping attention on execution risk, future dilution concerns, and the long timeline to commercial deployment. Oklo Inc (OKLO) Q1 2026 Earnings Call Highlights: Strategic Advances Amid Financial Challenges
• Negative Sentiment: Pre-earnings volatility was amplified by insider-sale disclosures and profit-taking after a strong run, which weighed on the shares ahead of the results. Oklo slides as investors weigh insider-sale filings and pre-earnings risk

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.