Oklo (NYSE:OKLO) Hits New 1-Year Low – Here’s Why

Shares of Oklo Inc. (NYSE:OKLO) hit a new 52-week low during trading on Monday. The company traded as low as $25.69 and last traded at $25.65, with a volume of 716,225 shares trading hands. The stock had previously closed at $26.35.

Key Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Investor Christopher Zook identified OKLO as a top energy stock pick, arguing that lower Treasury yields and a broader reassessment of expensive growth stocks could create an opportunity in energy and nuclear names. Zook: Today “Best Opportunity” for Energy, Names OKLO & SPCX Top Stock Picks
• Positive Sentiment: Some investors view Oklo’s steep decline—more than 60% this year—as a potential contrarian setup for a sharp recovery if the company achieves a commercial breakthrough or benefits from renewed interest in nuclear power. Oklo Is Now Down 63% This Year: Is OKLO Stock Dead Money or Due for a Bounce?
• Neutral Sentiment: TD Cowen began coverage with a Hold rating and a $26 price target. The firm praised Oklo’s strategy of recycling fuel in fast reactors as a differentiated investment angle, but highlighted uncertain costs and execution risks. The initiation contributed to volatility, with shares declining and later recovering. Oklo Sinks, then Rebounds as TD Cowen Starts Coverage at Hold
• Negative Sentiment: The broader nuclear-sector rout is weighing on Oklo, with the company among the hardest-hit names as investors pull back from speculative advanced-reactor stocks. Analysts and commentators continue to debate whether the selloff reflects an attractive entry point or a business still lacking a clear path to commercial execution. Nuclear Sector Rout Deepens as Oklo Stock Loses 63%

Wall Street Analyst Weigh In

OKLO has been the subject of several research analyst reports. Barclays reduced their price objective on Oklo from $76.00 to $59.00 and set an “overweight” rating for the company in a research note on Tuesday, October 20th. Truist Financial lowered their price objective on shares of Oklo from $51.00 to $31.00 and set a “hold” rating on the stock in a research report on Thursday, October 22nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Oklo in a research note on Friday, August 7th. HC Wainwright reiterated a “buy” rating and issued a $90.00 target price on shares of Oklo in a research report on Monday, August 10th. Finally, UBS Group decreased their target price on shares of Oklo from $55.00 to $41.00 and set a “neutral” rating for the company in a research note on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $75.56.

Oklo Trading Up 5.1%

The firm has a 50-day simple moving average of $36.47 and a two-hundred day simple moving average of $55.27. The company has a market capitalization of $5.07 billion, a price-to-earnings ratio of -29.01 and a beta of 1.20.

Oklo (NYSE:OKLO) last announced its quarterly earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The firm had revenue of $1.21 million during the quarter, compared to analyst estimates of $0.09 million. Oklo’s revenue was up 11900.0% compared to the same quarter last year. During the same period last year, the company posted ($0.18) EPS. On average, sell-side analysts forecast that Oklo Inc. will post -1.01 earnings per share for the current year.

Insider Transactions at Oklo

In other news, CEO Jacob DeWitte sold 80,000 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $36.67, for a total transaction of $2,933,600.00. Following the transaction, the chief executive officer owned 358,039 shares in the company, valued at $13,129,290.13. This represents a 18.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexandra Renner sold 1,100 shares of the stock in a transaction on Monday, September 28th. The stock was sold at an average price of $37.39, for a total transaction of $41,129.00. Following the transaction, the insider owned 477,595 shares in the company, valued at approximately $17,857,277.05. This trade represents a 0.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 291,374 shares of company stock valued at $10,955,825. Insiders own 12.70% of the company’s stock.

Institutional Trading of Oklo

Hedge funds have recently added to or reduced their stakes in the business. BOKF NA lifted its holdings in shares of Oklo by 172.7% during the third quarter. BOKF NA now owns 30,000 shares of the company’s stock worth $1,111,000 after buying an additional 19,000 shares during the last quarter. VestGen Advisors LLC acquired a new position in Oklo during the 3rd quarter valued at $226,000. Total Clarity Wealth Management Inc. bought a new stake in Oklo in the 3rd quarter valued at $385,000. Oppenheimer & Co. Inc. grew its position in Oklo by 32.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 33,518 shares of the company’s stock worth $1,241,000 after purchasing an additional 8,204 shares during the last quarter. Finally, Park Avenue Securities LLC grew its position in Oklo by 9.6% in the 3rd quarter. Park Avenue Securities LLC now owns 28,884 shares of the company’s stock worth $1,069,000 after purchasing an additional 2,525 shares during the last quarter. Institutional investors own 85.03% of the company’s stock.

About Oklo

Oklo Inc is an advanced nuclear technology company developing compact fission power plants designed to provide reliable, carbon-free electricity. Its flagship product, the Aurora powerhouse, is a small modular reactor intended to operate with a high degree of fuel efficiency and to supply power directly to customers such as utilities, industrial facilities, data centers and other energy-intensive operations.

The company is also developing fuel-recycling capabilities intended to convert used nuclear fuel and other material into fuel for advanced reactors.