Oklo (NYSE:OKLO) Research Coverage Started at Wedbush

Wedbush started coverage on shares of Oklo (NYSE:OKLO) in a research note published on Tuesday morning, Marketbeat reports. The firm issued an outperform rating and a $36.00 target price on the stock.

Several other equities analysts have also recently weighed in on OKLO. Barclays dropped their price target on shares of Oklo from $76.00 to $59.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 20th. B. Riley Financial decreased their price objective on Oklo from $92.00 to $61.00 and set a “buy” rating for the company in a report on Wednesday, October 28th. Weiss Ratings reissued a “sell (d-)” rating on shares of Oklo in a report on Friday, August 7th. Canaccord Genuity Group lowered their price objective on Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, August 10th. Finally, UBS Group dropped their target price on Oklo from $55.00 to $41.00 and set a “neutral” rating on the stock in a report on Friday, September 25th. One equities research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.72.

Oklo Price Performance

Shares of NYSE OKLO opened at $19.41 on Tuesday. The stock has a market capitalization of $3.61 billion, a P/E ratio of -20.64 and a beta of 1.31. The company has a 50-day moving average price of $33.94 and a 200-day moving average price of $52.69. Oklo has a 1 year low of $18.53 and a 1 year high of $120.95.

Oklo (NYSE:OKLO) last posted its earnings results on Friday, August 7th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The firm had revenue of $1.21 million for the quarter, compared to the consensus estimate of $0.09 million. During the same period in the previous year, the firm posted ($0.18) earnings per share. Oklo’s quarterly revenue was up 11900.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Oklo will post -1.00 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider William Carroll Murphy Goodwin sold 11,592 shares of the firm’s stock in a transaction on 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 sale, the insider directly owned 45,268 shares of the company’s stock, valued at $1,800,308.36. This trade represents a 20.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John M. Jansen sold 6,354 shares of the firm’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $36.67, for a total value of $233,001.18. Following the sale, the director directly owned 6,000 shares of the company’s stock, valued at approximately $220,020. This represents a 51.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 350,203 shares of company stock valued at $12,424,945. 12.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Oklo

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Citizens Financial Group Inc. RI increased its holdings in Oklo by 1.0% in the 1st quarter. Citizens Financial Group Inc. RI now owns 18,704 shares of the company’s stock worth $928,000 after acquiring an additional 182 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Oklo by 0.3% during the first quarter. The Manufacturers Life Insurance Company now owns 70,433 shares of the company’s stock valued at $3,493,000 after purchasing an additional 183 shares during the last quarter. Triton Wealth Management PLLC lifted its holdings in Oklo by 1.3% during the first quarter. Triton Wealth Management PLLC now owns 14,760 shares of the company’s stock valued at $734,000 after purchasing an additional 191 shares during the last quarter. Costello Asset Management INC lifted its holdings in Oklo by 66.7% during the first quarter. Costello Asset Management INC now owns 500 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. Finally, Swedbank AB lifted its holdings in Oklo by 3.4% during the first quarter. Swedbank AB now owns 10,592 shares of the company’s stock valued at $525,000 after purchasing an additional 345 shares during the last quarter. 85.03% of the stock is owned by hedge funds and other institutional investors.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Wedbush initiated coverage with an Outperform rating and a $36 price target, offering a more constructive view of Oklo’s potential, although the target was reportedly reduced substantially from $110. Wedbush coverage and price target
• Neutral Sentiment: CEO Jacob DeWitte and CFO Richard Bealmear sold shares under pre-arranged Rule 10b5-1 plans. The sales may draw attention, but the planned nature provides context; both executives retained substantial holdings. Insider transaction information
• Negative Sentiment: Reports that Democrats were projected to win Congress unsettled AI-power stocks, amid concerns that policy or market changes could slow data-center construction and electricity demand. Oklo may be particularly vulnerable because it has very little revenue today. Election concerns weigh on AI-power stocks
• Negative Sentiment: Investors are awaiting Oklo’s Q3 2026 report, with attention on development costs, project progress and its outlook. Concerns include a history of earnings misses and the challenge of turning reactor development into commercial revenue. Oklo Q3 earnings report preview

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.