Oklo (NYSE:OKLO) Trading Down 3.4% – Should You Sell?

Oklo Inc. (NYSE:OKLO) dropped 3.4% during trading on Thursday . The stock traded as low as $64.66 and last traded at $67.26. Approximately 14,391,260 shares were traded during trading, an increase of 23% from the average daily volume of 11,725,906 shares. The stock had previously closed at $69.66.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: HC Wainwright raised its earnings estimates for Oklo across multiple periods and reiterated a Buy rating with a $90 price target, signaling improved expectations for the company’s loss trajectory and future operating outlook. Source article
• Positive Sentiment: Analysts and market commentary continue to point to Oklo’s regulatory progress, including NRC approval of its Principal Design Criteria topical report, which helps de-risk its Aurora powerhouse program and supports the bullish long-term SMR thesis. Source article
• Positive Sentiment: Several recent articles emphasized Oklo’s AI and nuclear commercialization potential, including its partnership with Idaho National Laboratory to use AI tools to accelerate reactor and fuel-system design, reinforcing the growth narrative. Source article
• Neutral Sentiment: Media coverage highlighting Oklo as a “must-watch” nuclear stock and broader bullish themes around decentralized power and data-center energy demand added attention, but did not materially change the company’s near-term fundamentals. Source article
• Negative Sentiment: Investors remain focused on ongoing losses and cash burn after Oklo’s wider-than-expected quarterly loss, and a new $1 billion at-the-market equity offering raised dilution concerns, which weighed on sentiment. Source article

Wall Street Analysts Forecast Growth

OKLO has been the topic of several analyst reports. Tigress Financial initiated coverage on Oklo in a report on Monday, April 27th. They set a “buy” rating and a $130.00 price target on the stock. B. Riley Financial reduced their price target on Oklo from $129.00 to $92.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. HSBC initiated coverage on Oklo in a report on Thursday, April 23rd. They set a “buy” rating and a $96.00 price target on the stock. HC Wainwright reiterated a “buy” rating and set a $90.00 price target on shares of Oklo in a report on Wednesday, March 18th. Finally, JPMorgan Chase & Co. initiated coverage on Oklo in a report on Monday, May 11th. They set a “neutral” rating and a $83.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $85.33.

Oklo Stock Performance

The business has a 50-day moving average of $60.92 and a 200-day moving average of $79.08. The stock has a market capitalization of $10.83 billion, a price-to-earnings ratio of -74.12 and a beta of 1.16.

Oklo (NYSE:OKLO) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.01. During the same period last year, the company earned ($0.07) EPS. Equities analysts predict that Oklo Inc. will post -0.77 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Richard Craig Bealmear sold 16,342 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $51.08, for a total transaction of $834,749.36. Following the completion of the sale, the chief financial officer directly owned 386,008 shares of the company’s stock, valued at approximately $19,717,288.64. This trade represents a 4.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider William Carroll Murphy Goodwin sold 2,820 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $906,529.79. The trade was a 14.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 809,040 shares of company stock valued at $49,162,094. 18.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Oklo

Several institutional investors have recently bought and sold shares of the company. Parkside Financial Bank & Trust grew its position in Oklo by 3.7% in the 3rd quarter. Parkside Financial Bank & Trust now owns 2,622 shares of the company’s stock valued at $293,000 after acquiring an additional 94 shares in the last quarter. Prestige Wealth Management Group LLC grew its position in Oklo by 1.5% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company’s stock valued at $789,000 after acquiring an additional 101 shares in the last quarter. Meriwether Wealth & Planning LLC grew its position in Oklo by 2.7% in the 4th quarter. Meriwether Wealth & Planning LLC now owns 4,545 shares of the company’s stock valued at $326,000 after acquiring an additional 120 shares in the last quarter. Rossby Financial LCC grew its position in Oklo by 75.0% in the 3rd quarter. Rossby Financial LCC now owns 350 shares of the company’s stock valued at $41,000 after acquiring an additional 150 shares in the last quarter. Finally, NBC Securities Inc. grew its position in Oklo by 75.0% in the 4th quarter. NBC Securities Inc. now owns 350 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares in the last quarter. 85.03% of the stock is owned by institutional investors and hedge funds.

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.