Oklo Inc. (NYSE:OKLO - Free Report) - Research analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Oklo in a report issued on Tuesday, July 15th. Cantor Fitzgerald analyst D. Soderberg anticipates that the company will post earnings per share of ($0.22) for the year. Cantor Fitzgerald has a "Overweight" rating and a $73.00 price target on the stock. The consensus estimate for Oklo's current full-year earnings is ($8.20) per share. Cantor Fitzgerald also issued estimates for Oklo's FY2026 earnings at ($0.20) EPS.
Oklo (NYSE:OKLO - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The company reported ($0.07) EPS for the quarter, topping analysts' consensus estimates of ($0.11) by $0.04.
Several other brokerages also recently issued reports on OKLO. Citigroup restated a "neutral" rating on shares of Oklo in a research report on Wednesday, May 14th. CLSA upgraded shares of Oklo from an "outperform" rating to a "moderate buy" rating and raised their price objective for the stock from $50.00 to $74.00 in a research report on Tuesday, May 27th. Craig Hallum downgraded shares of Oklo from a "buy" rating to a "hold" rating and set a $59.00 price objective for the company. in a research report on Monday, June 23rd. Daiwa Capital Markets started coverage on shares of Oklo in a research report on Friday, July 11th. They set a "neutral" rating and a $58.00 price objective for the company. Finally, Daiwa America upgraded shares of Oklo to a "hold" rating in a research report on Friday, July 11th. Five investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Oklo has a consensus rating of "Moderate Buy" and an average target price of $60.25.
Get Our Latest Stock Analysis on Oklo
Oklo Trading Up 2.7%
OKLO stock traded up $1.80 during mid-day trading on Thursday, hitting $68.97. 15,193,696 shares of the company were exchanged, compared to its average volume of 18,017,090. The business has a 50 day simple moving average of $52.19 and a 200-day simple moving average of $37.84. The stock has a market capitalization of $9.62 billion, a PE ratio of -12.75 and a beta of 0.57. Oklo has a 1-year low of $5.35 and a 1-year high of $73.55.
Institutional Trading of Oklo
A number of hedge funds and other institutional investors have recently modified their holdings of OKLO. Raymond James Financial Inc. bought a new stake in shares of Oklo during the fourth quarter worth $2,209,000. PNC Financial Services Group Inc. bought a new stake in shares of Oklo in the fourth quarter worth $140,000. AlphaQuest LLC bought a new stake in shares of Oklo in the fourth quarter worth $45,000. HighTower Advisors LLC bought a new stake in shares of Oklo in the fourth quarter worth $348,000. Finally, Swiss National Bank bought a new stake in shares of Oklo in the fourth quarter worth $1,265,000. Institutional investors own 85.03% of the company's stock.
Insider Buying and Selling
In related news, Director Michael Stuart Klein sold 150,000 shares of Oklo stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $62.74, for a total value of $9,411,000.00. Following the transaction, the director directly owned 250,000 shares of the company's stock, valued at $15,685,000. This trade represents a 37.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jacob Dewitte sold 300,000 shares of Oklo stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $55.20, for a total transaction of $16,560,000.00. Following the completion of the transaction, the chief executive officer directly owned 10,105,098 shares in the company, valued at $557,801,409.60. This trade represents a 2.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 600,000 shares of company stock worth $35,066,500 over the last three months. 18.90% of the stock is currently owned by insiders.
About Oklo
(
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Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.
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