HC Wainwright Issues Negative Outlook for Oklo Earnings

Oklo Inc. (NYSE:OKLO) – Equities research analysts at HC Wainwright cut their Q3 2026 earnings estimates for shares of Oklo in a note issued to investors on Monday, August 10th. HC Wainwright analyst S. Joshi now expects that the company will post earnings of ($0.30) per share for the quarter, down from their previous forecast of ($0.15). HC Wainwright currently has a “Buy” rating and a $90.00 target price on the stock. The consensus estimate for Oklo’s current full-year earnings is ($0.74) per share. HC Wainwright also issued estimates for Oklo’s Q4 2026 earnings at ($0.33) EPS, FY2026 earnings at ($1.10) EPS, FY2027 earnings at ($1.40) EPS, FY2028 earnings at ($1.51) EPS, FY2029 earnings at ($0.79) EPS and FY2030 earnings at $1.46 EPS.

Oklo (NYSE:OKLO) last posted its quarterly earnings results on Friday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). The company had revenue of $1.21 million for 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 business posted ($0.18) earnings per share.

A number of other research analysts have also recently issued reports on the company. Citigroup decreased their target price on Oklo from $76.00 to $57.50 and set a “neutral” rating for the company in a research note on Monday. Canaccord Genuity Group cut their price objective on Oklo from $125.00 to $100.00 and set a “buy” rating on the stock in a report on Monday. Royal Bank Of Canada set a $80.00 price objective on Oklo in a research report on Friday, May 22nd. Cantor Fitzgerald reissued an “overweight” rating and set a $122.00 target price on shares of Oklo in a research note on Wednesday, May 13th. Finally, Bank of America began coverage on shares of Oklo in a report on Friday, May 22nd. They set a “buy” rating and a $80.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $85.03.

Oklo Price Performance

Oklo stock opened at $47.12 on Wednesday. The company’s 50 day simple moving average is $49.90 and its 200 day simple moving average is $59.71. Oklo has a fifty-two week low of $36.61 and a fifty-two week high of $193.84. The firm has a market capitalization of $8.77 billion, a price-to-earnings ratio of -50.13 and a beta of 1.17.

Insider Transactions at Oklo

In other Oklo news, CFO Richard Craig Bealmear sold 73,081 shares of Oklo stock in a transaction on Monday, June 1st. The shares were sold at an average price of $68.42, for a total value of $5,000,202.02. Following the sale, the chief financial officer directly owned 397,642 shares in the company, valued at approximately $27,206,665.64. The trade was a 15.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William Carroll Murphy Goodwin sold 10,548 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $58.04, for a total transaction of $612,205.92. Following the sale, the insider directly owned 36,175 shares in the company, valued at $2,099,597. This trade represents a 22.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 483,629 shares of company stock valued at $29,855,608 over the last 90 days. 12.70% of the stock is owned by corporate insiders.

Institutional Trading of Oklo

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp bought a new position in Oklo in the second quarter valued at approximately $24,532,000. Handelsbanken Fonder AB raised its stake in shares of Oklo by 43.8% during the 2nd quarter. Handelsbanken Fonder AB now owns 52,900 shares of the company’s stock worth $2,768,000 after purchasing an additional 16,100 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in shares of Oklo by 12.9% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 36,609 shares of the company’s stock worth $1,916,000 after purchasing an additional 4,187 shares in the last quarter. Gradient Investments LLC boosted its holdings in shares of Oklo by 38.6% in the 2nd quarter. Gradient Investments LLC now owns 34,335 shares of the company’s stock valued at $1,797,000 after buying an additional 9,570 shares during the last quarter. Finally, Evanson Financial LLC acquired a new stake in shares of Oklo in the 2nd quarter valued at approximately $232,000. Institutional investors own 85.03% of the company’s stock.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo’s first quarterly revenue of approximately $1.21 million, alongside progress at its Groves isotope facility and fuel-supply planning with Centrus, gives investors evidence that the business is beginning to transition from a development-stage company toward commercial operations. The company also has roughly $3 billion in liquidity, which could reduce near-term financing and dilution concerns. Oklo’s Revenue Transition Gives Bulls a New Reason to Watch
• Positive Sentiment: HC Wainwright reaffirmed its Buy rating with a $90 price target, while Canaccord maintained a Buy rating despite reducing its target to $100. These targets imply substantial long-term upside if Oklo successfully commercializes its Aurora reactors, isotope operations and fuel businesses. Analysts Cut Their Forecasts on Oklo After Q2 Results
• Neutral Sentiment: Truist lowered its price target from $55 to $51 and assigned a Hold rating. Citi also maintained a Hold rating, signaling that some analysts see progress but believe the current valuation already reflects much of Oklo’s potential. Oklo Gets a Hold from Truist Financial
• Negative Sentiment: Second-quarter net loss widened to about $48.5 million, or $0.28 per share, missing the expected $0.16 loss. Higher project-execution costs and increased investment led Oklo to raise its 2026 spending outlook, reinforcing concerns that meaningful revenue and profitability remain several years away. OKLO Q2 Loss Widens Year Over Year
• Negative Sentiment: CEO Jacob DeWitte disclosed the sale of 120,000 shares for approximately $4.9 million. Although he reportedly still owns nearly 472,000 shares directly, the sale adds to investor concern because recent insider trading has been heavily weighted toward selling rather than buying. Oklo CEO Sells Shares

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.