Oklo (NYSE:OKLO) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Oklo (NYSE:OKLO) posted its quarterly earnings data on Tuesday. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.20) by $0.01, FiscalAI reports.

Oklo Stock Down 5.8%

Oklo stock traded down $4.50 during mid-day trading on Tuesday, reaching $73.63. The company had a trading volume of 14,735,650 shares, compared to its average volume of 11,655,445. Oklo has a 52 week low of $29.17 and a 52 week high of $193.84. The company has a 50 day moving average of $60.59 and a 200-day moving average of $80.40. The firm has a market cap of $12.81 billion, a price-to-earnings ratio of -102.26 and a beta of 1.16.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. HC Wainwright reaffirmed a “buy” rating and set a $90.00 price objective on shares of Oklo in a report on Wednesday, March 18th. Weiss Ratings downgraded shares of Oklo from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, April 22nd. B. Riley Financial decreased their price objective on shares of Oklo from $129.00 to $92.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. Craig Hallum reaffirmed a “hold” rating on shares of Oklo in a report on Wednesday, March 18th. Finally, Bank of America raised shares of Oklo from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $111.00 to $127.00 in a report on Wednesday, January 21st. Two 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 issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $87.42.

Insider Buying and Selling at Oklo

In other Oklo news, CEO Jacob Dewitte sold 140,000 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $70.50, for a total value of $9,870,000.00. Following the completion of the sale, the chief executive officer directly owned 598,039 shares of the company’s stock, valued at $42,161,749.50. This represents a 18.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard Craig Bealmear sold 16,342 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $51.08, for a total transaction of $834,749.36. Following the completion of the transaction, the chief financial officer owned 386,008 shares of the company’s stock, valued at approximately $19,717,288.64. This represents a 4.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 809,040 shares of company stock valued at $49,162,094 in the last ninety days. Company insiders own 18.90% of the company’s stock.

Hedge Funds Weigh In On Oklo

Hedge funds have recently made changes to their positions in the business. Siemens Fonds Invest GmbH acquired a new position in shares of Oklo in the 4th quarter valued at $111,000. Comerica Bank raised its stake in shares of Oklo by 37.0% in the 3rd quarter. Comerica Bank now owns 981 shares of the company’s stock valued at $110,000 after buying an additional 265 shares in the last quarter. UMB Bank n.a. acquired a new position in shares of Oklo in the 4th quarter valued at $72,000. Intesa Sanpaolo S.p.A. acquired a new position in shares of Oklo in the 4th quarter valued at $72,000. Finally, Greenline Wealth Management LLC acquired a new position in shares of Oklo in the 4th quarter valued at $69,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo announced a strategic partnership with Idaho National Laboratory to use AI-enabled reactor design, which could strengthen its long-term technology story and support investor optimism around advanced nuclear demand. Oklo and Idaho National Laboratory to Employ AI-Enabled Reactor Design for Advanced Nuclear Systems
• Positive Sentiment: Reuters reported the U.S. Department of Energy is considering financing billions of dollars in long-lead-time nuclear plant components, a potential industry tailwind that could benefit Oklo and other nuclear names if policy support expands. US considering financing billions of dollars in long-lead time parts of nuclear plants, NEI says
• Positive Sentiment: Analyst and media coverage remains constructive on the nuclear growth story, with recent price targets and previews emphasizing AI data-center demand and Oklo’s business model, which can help maintain valuation support. Ca$htag$: OKLO Earnings Preview & Signals in Nuclear Energy Shift
• Neutral Sentiment: Investors are focused on the after-market earnings release, and options trading suggests a large post-earnings move is possible, so the stock may remain volatile until results and guidance are out. Here’s How Much Traders Expect Nuclear Startup Oklo’s Stock to Move After Earnings
• Negative Sentiment: Recent insider-selling disclosures and the fact that all reported insider trades over the past six months have been sales are likely hurting sentiment, especially with earnings risk also in focus. Oklo slides as investors weigh insider-sale filings and pre-earnings risk
• Negative Sentiment: JPMorgan recently initiated coverage with a neutral rating and an $83 target, which may temper enthusiasm even as it still implies upside from recent levels. Oklo Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

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.