Oklo Inc. (NYSE:OKLO) Stock Has Consensus Target Price of $82.44 According to Analysts

Shares of Oklo Inc. (NYSE:OKLO) have been given an average recommendation of “Moderate Buy” by the twenty-three research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $82.44.

OKLO has been the topic of several recent research reports. Barclays reduced their price objective on Oklo from $82.00 to $76.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Oklo in a research note on Friday, August 7th. HC Wainwright reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Oklo in a research note on Monday, August 10th. UBS Group decreased their target price on shares of Oklo from $55.00 to $41.00 and set a “neutral” rating on the stock in a research report on Friday, September 25th. Finally, Canaccord Genuity Group lowered their target price on Oklo from $125.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, August 10th.

Insiders Place Their Bets

In other news, General Counsel Vivek Narayanadas sold 3,264 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $39.77, for a total transaction of $129,809.28. Following the transaction, the general counsel directly owned 7,822 shares of the company’s stock, valued at approximately $311,080.94. The trade was a 29.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Richard Bealmear sold 16,430 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $38.76, for a total value of $636,826.80. Following the transaction, the chief financial officer owned 455,976 shares of the company’s stock, valued at approximately $17,673,629.76. This represents a 3.48% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 166,005 shares of company stock worth $6,414,549. 12.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Oklo

Several hedge funds and other institutional investors have recently modified their holdings of OKLO. Van ECK Associates Corp lifted its stake in shares of Oklo by 13.9% in 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 during the period. Geode Capital Management LLC grew its stake in Oklo by 7.0% in the fourth quarter. Geode Capital Management LLC now owns 2,816,007 shares of the company’s stock worth $201,671,000 after purchasing an additional 185,265 shares during the period. Norges Bank bought a new position in Oklo in the fourth quarter worth $73,786,000. Clear Street Group Inc. raised its holdings in Oklo by 110.5% in the fourth quarter. Clear Street Group Inc. now owns 842,172 shares of the company’s stock worth $60,434,000 after purchasing an additional 442,172 shares in the last quarter. Finally, Capital World Investors raised its holdings in Oklo by 5.2% in the fourth quarter. Capital World Investors now owns 505,938 shares of the company’s stock worth $36,306,000 after purchasing an additional 24,923 shares in the last quarter. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Analyst support: Piper Sandler reaffirmed its Buy rating on Oklo, providing a positive signal for investor sentiment despite the company’s lack of commercial-scale revenue. Piper Sandler Reaffirms Their Buy Rating on Oklo Inc
• Positive Sentiment: Spent-fuel opportunity: Coverage highlights Oklo’s Oak Ridge project and the possibility of converting used nuclear fuel into reusable reactor material. If successful, this could create a business beyond selling power from Aurora reactors, although the concept remains unproven and long term. Can OKLO Turn Used Nuclear Fuel Into a Scalable Business?
• Neutral Sentiment: Sector interest: Growing demand for nuclear power from artificial-intelligence data centers supports the broader market opportunity for advanced reactors, but Oklo must still demonstrate that it can commercialize its technology and secure projects.
• Negative Sentiment: Heavy short interest: Oklo was identified as having one of the highest short-interest levels in the utilities sector, signaling that many investors are betting against the stock and potentially increasing volatility. OKLO, BKH Draw Highest Short Interest in Utilities Sector
• Negative Sentiment: Competitive concerns: Articles favor established nuclear companies such as Centrus Energy and BWXT because they already generate revenue, while Oklo remains a speculative, cash-burning developer. Comparisons with NANO Nuclear Energy also underscore commercialization and funding risks. This Nuclear Stock Could Outperform Oklo and NuScale
• Negative Sentiment: Insider selling: Three Oklo insiders—including William Carroll Murphy Goodwin, John Hanson, and Alexandra Renner—reported sales totaling 3,975 shares, a modest but potentially negative sentiment signal. Oklo Insider William Carroll Murphy Goodwin Sells Shares

Oklo Price Performance

Shares of OKLO opened at $35.84 on Wednesday. The firm’s 50 day simple moving average is $40.65 and its 200 day simple moving average is $51.94. The company has a market capitalization of $6.67 billion, a P/E ratio of -38.12 and a beta of 1.20. Oklo has a 1-year low of $34.38 and a 1-year high of $193.84.

Oklo (NYSE:OKLO) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.28) 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 analyst estimates of $0.09 million. Oklo’s quarterly revenue was up 11900.0% on a year-over-year basis. During the same period in the previous year, the company posted ($0.18) earnings per share. On average, equities analysts anticipate that Oklo will post -0.99 earnings per share for the current year.

Oklo Company Profile

Oklo Inc is an advanced fission technology company developing compact nuclear power plants designed to provide reliable, carbon-free electricity. Its flagship Aurora powerhouse is a small-scale fission system intended to operate for extended periods and supply power directly to industrial, commercial, and other large energy users.

The company is also developing fuel-recycling capabilities to support the use of recovered nuclear fuel in advanced reactors. Oklo has pursued partnerships and regulatory work in the United States, including activities associated with the Idaho National Laboratory, and is initially focused on serving U.S.