Oklo (NYSE:OKLO) Trading 4% Higher – Should You Buy?

Oklo Inc. (NYSE:OKLO) shot up 4% during mid-day trading on Thursday . The stock traded as high as $63.00 and last traded at $61.1540. 14,110,826 shares changed hands during trading, an increase of 16% from the average daily volume of 12,150,728 shares. The stock had previously closed at $58.82.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo locked in a domestic HALEU supply arrangement with Centrus for up to five Aurora powerhouses, improving fuel security and de-risking its Ohio campus development. Oklo (OKLO) Secures Centrus Fuel Deal For Five Aurora Reactors
• Positive Sentiment: The deal supports Oklo’s broader 1.2 GW clean energy campus and future modular reactor deployments, reinforcing the company’s growth narrative as nuclear power gains attention from AI-driven electricity demand. Oklo and Centrus Forge Nuclear Fuel Deal for Ohio Campus
• Positive Sentiment: Oklo’s stock has also benefited from the market’s growing interest in nuclear as a long-duration theme tied to power-hungry AI data centers and grid baseload demand. AI’s Power Problem Is Turning Nuclear Stocks into a Bigger Market Story (OKLO)
• Neutral Sentiment: Analyst commentary has highlighted Oklo as a high-upside nuclear name, but also noted that it remains pre-revenue with a long commercialization timeline, so volatility is likely to stay elevated. After an 18% Correction YTD, Is OKLO Stock a Better Bet?
• Neutral Sentiment: Separately, industry coverage continues to frame Oklo as one of the key nuclear stocks to watch, which may keep speculative interest elevated. Oklo Locks In Domestic Nuclear Fuel Supply for Its Ohio Gigawatt Campus

Analysts Set New Price Targets

Several research analysts recently commented on OKLO shares. Barclays dropped their price target on Oklo from $146.00 to $82.00 and set an “overweight” rating for the company in a research report on Monday, February 23rd. The Goldman Sachs Group decreased their price objective on Oklo from $91.00 to $65.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. Canaccord Genuity Group dropped their target price on Oklo from $175.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. Craig Hallum reiterated a “hold” rating on shares of Oklo in a report on Wednesday, March 18th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $122.00 target price on shares of Oklo in a research report on Wednesday, May 13th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Oklo currently has a consensus rating of “Moderate Buy” and an average target price of $82.78.

Oklo Stock Performance

The company’s fifty day moving average price is $64.83 and its 200-day moving average price is $71.08. The stock has a market cap of $10.64 billion, a P/E ratio of -72.80 and a beta of 1.10.

Oklo (NYSE:OKLO) last issued 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 prior year, the company earned ($0.07) EPS. Analysts anticipate that Oklo Inc. will post -0.78 earnings per share for the current fiscal year.

Insider Buying and Selling at Oklo

In other news, insider William Carroll Murphy Goodwin sold 10,548 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $58.04, for a total value of $612,205.92. Following the sale, the insider directly owned 36,175 shares in the company, valued at approximately $2,099,597. This represents a 22.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jacob Dewitte sold 140,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $50.39, for a total value of $7,054,600.00. Following the sale, the chief executive officer directly owned 656,483 shares of the company’s stock, valued at $33,080,178.37. This represents a 17.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 699,971 shares of company stock worth $44,221,357 over the last 90 days. Company insiders own 18.90% of the company’s stock.

Hedge Funds Weigh In On Oklo

Hedge funds have recently bought and sold shares of the business. Prestige Wealth Management Group LLC increased its holdings in Oklo by 1.5% during the third quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company’s stock valued at $789,000 after buying an additional 101 shares during the period. Meriwether Wealth & Planning LLC lifted its holdings in Oklo by 2.7% during the fourth quarter. Meriwether Wealth & Planning LLC now owns 4,545 shares of the company’s stock worth $326,000 after buying an additional 120 shares during the period. Rossby Financial LCC lifted its holdings in Oklo by 75.0% during the third quarter. Rossby Financial LCC now owns 350 shares of the company’s stock worth $41,000 after buying an additional 150 shares during the period. NBC Securities Inc. lifted its holdings in Oklo by 75.0% during the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the period. Finally, Perennial Investment Advisors LLC boosted its position in Oklo by 3.4% during the 3rd quarter. Perennial Investment Advisors LLC now owns 4,676 shares of the company’s stock valued at $522,000 after acquiring an additional 154 shares in the last quarter. Institutional investors own 85.03% of the company’s stock.

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.