Oklo Inc. (NYSE:OKLO) Given Average Rating of “Moderate Buy” by Analysts

Oklo Inc. (NYSE:OKLO) has earned a consensus recommendation of “Moderate Buy” from the twenty-two brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $85.0312.

Several analysts recently issued reports on OKLO shares. Bank of America assumed coverage on shares of Oklo in a research report on Friday, May 22nd. They set a “buy” rating and a $80.00 price target on the stock. Cantor Fitzgerald restated an “overweight” rating and set a $122.00 price objective on shares of Oklo in a research report on Wednesday, May 13th. HC Wainwright restated a “buy” rating and set a $90.00 target price on shares of Oklo in a research note on Monday, August 10th. Citigroup reduced their target price on Oklo from $76.00 to $57.50 and set a “neutral” rating on the stock in a report on Monday, August 10th. Finally, Canaccord Genuity Group decreased their price target on Oklo from $125.00 to $100.00 and set a “buy” rating on the stock in a research note on Monday, August 10th.

Oklo Stock Up 3.5%

OKLO opened at $41.24 on Friday. Oklo has a twelve month low of $36.61 and a twelve month high of $193.84. The company has a 50-day simple moving average of $44.16 and a 200 day simple moving average of $55.50. The stock has a market capitalization of $7.67 billion, a price-to-earnings ratio of -43.87 and a beta of 1.18.

Oklo (NYSE:OKLO) last announced its quarterly earnings data on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). The business had revenue of $1.21 million for the quarter, compared to analysts’ expectations of $0.09 million. During the same quarter last year, the firm earned ($0.18) EPS. The firm’s quarterly revenue was up 11900.0% on a year-over-year basis. Sell-side analysts anticipate that Oklo will post -0.9 EPS for the current fiscal year.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: A comparison of small modular reactor stocks favors Oklo over NuScale Power because Oklo could capture a larger future revenue opportunity as data centers drive demand for reliable electricity. The bullish case depends on successful project execution and regulatory progress. Better Small Modular Reactor Stock to Buy After the Sell-Off: Oklo vs. NuScale Power
• Positive Sentiment: Analysis that Oklo’s “AI power” opportunity is becoming more tangible reinforces the long-term growth thesis that advanced nuclear reactors could help meet rapidly rising data-center electricity demand. Oklo: The AI Power Trade Is Getting More Tangible
• Neutral Sentiment: Investor comparisons between Oklo and NuScale emphasize that the better investment may depend on how quickly AI companies adopt nuclear power. This highlights substantial potential but also significant uncertainty around customer demand, commercialization timelines and regulation. Nuclear Stock Face-Off: Is NuScale Power or Oklo the Better Buy Right Now?
• Neutral Sentiment: Holtec Nuclear’s planned IPO could bring additional capital and attention to the nuclear and SMR industries. However, its existing revenue base may provide investors with a more established alternative to Oklo. Holtec Nuclear IPO: A New Bet on the Nuclear Power Sector
• Negative Sentiment: Chief People Officer Alexandra Renner sold 1,930 shares worth about $74,000 to cover tax withholding after equity awards vested. The transaction reduced her holdings by only 0.4%, making it a limited bearish signal. Oklo insider sale
• Negative Sentiment: CFO Richard Bealmear sold 16,430 shares valued at approximately $637,000 under a pre-arranged Rule 10b5-1 trading plan. Planned selling reduces its signaling value, but adds to near-term investor caution. Oklo insider trading report
• Negative Sentiment: OKLO has been identified as one of the utilities sector’s most heavily shorted stocks, signaling substantial bearish positioning and the possibility of continued volatility. OKLO short interest

Insiders Place Their Bets

In other Oklo news, insider William Carroll Murphy Goodwin sold 11,592 shares of the business’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $39.77, for a total transaction of $461,013.84. Following the completion of the transaction, the insider owned 45,268 shares of the company’s stock, valued at approximately $1,800,308.36. The trade was a 20.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 80,000 shares of the stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $38.69, for a total transaction of $3,095,200.00. Following the completion of the transaction, the chief executive officer directly owned 398,039 shares of the company’s stock, valued at $15,400,128.91. This trade represents a 16.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 354,535 shares of company stock valued at $16,570,848 over the last ninety days. 12.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System grew its position in Oklo by 6,518.7% during the 2nd quarter. California State Teachers Retirement System now owns 8,682,908 shares of the company’s stock worth $454,377,000 after acquiring an additional 8,551,720 shares during the last quarter. Van ECK Associates Corp increased its stake in Oklo by 13.9% during the 4th quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock valued at $283,902,000 after purchasing an additional 481,288 shares in the last quarter. State Street Corp lifted its stake in shares of Oklo by 23.6% in the fourth quarter. State Street Corp now owns 3,060,220 shares of the company’s stock valued at $219,601,000 after buying an additional 584,184 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Oklo by 7.0% during the fourth quarter. Geode Capital Management LLC now owns 2,816,007 shares of the company’s stock valued at $201,671,000 after buying an additional 185,265 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Oklo by 8.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,160,278 shares of the company’s stock worth $83,262,000 after acquiring an additional 90,213 shares in the last quarter. 85.03% of the stock is currently 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.