William Blair Comments on Oklo's Q3 Earnings (NYSE:OKLO)

Key Points

• William Blair predicts Oklo's Q3 2026 earnings will be ($0.09) per share, with a full-year consensus estimate at ($8.20) per share, maintaining an "Outperform" rating.
• Recent stock ratings vary, with Citigroup raising the target price to $68.00, while BNP Paribas Exane set an "underperform" rating with a $14.00 objective.
• Insider trades include CEO Jacob Dewitte selling 300,000 shares worth approximately $16.56 million, reducing his ownership by 2.88%.

Oklo Inc. (NYSE:OKLO - Free Report) - Equities research analysts at William Blair issued their Q3 2026 earnings estimates for shares of Oklo in a report issued on Tuesday, August 12th. William Blair analyst J. Dorsheimer anticipates that the company will post earnings per share of ($0.09) for the quarter. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for Oklo's current full-year earnings is ($8.20) per share. William Blair also issued estimates for Oklo's Q4 2026 earnings at ($0.12) EPS.

Oklo (NYSE:OKLO - Get Free Report) last issued its quarterly earnings results on Monday, August 11th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.06).

OKLO has been the subject of several other research reports. Cantor Fitzgerald set a $73.00 price target on shares of Oklo and gave the company an "overweight" rating in a research report on Tuesday, July 15th. Citigroup raised their price target on shares of Oklo from $30.00 to $68.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. BNP Paribas raised shares of Oklo to a "strong sell" rating in a research report on Friday, July 25th. Craig Hallum cut shares of Oklo from a "buy" rating to a "hold" rating and set a $59.00 price target for the company. in a research report on Monday, June 23rd. Finally, Wedbush lifted their price objective on shares of Oklo from $75.00 to $80.00 and gave the stock an "outperform" rating in a research report on Tuesday. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $63.78.

Oklo Stock Down 4.7%

OKLO stock traded down $3.67 during midday trading on Wednesday, hitting $73.75. The company's stock had a trading volume of 12,070,402 shares, compared to its average volume of 20,266,874. Oklo has a 52-week low of $5.35 and a 52-week high of $85.35. The firm has a market capitalization of $10.89 billion, a P/E ratio of -175.59 and a beta of 0.60. The firm has a 50-day simple moving average of $64.47 and a 200-day simple moving average of $44.23.

Institutional Investors Weigh In On Oklo

Several hedge funds and other institutional investors have recently bought and sold shares of OKLO. State Street Corp raised its stake in Oklo by 454.5% during the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company's stock worth $119,743,000 after acquiring an additional 1,752,946 shares in the last quarter. Geode Capital Management LLC raised its stake in Oklo by 195.9% during the 2nd quarter. Geode Capital Management LLC now owns 2,248,425 shares of the company's stock worth $125,906,000 after acquiring an additional 1,488,482 shares in the last quarter. Hood River Capital Management LLC acquired a new stake in Oklo during the 2nd quarter worth $40,919,000. JAT Capital Mgmt LP acquired a new stake in Oklo during the 4th quarter worth $14,798,000. Finally, Millennium Management LLC raised its stake in Oklo by 4,974.1% during the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company's stock worth $12,589,000 after acquiring an additional 570,532 shares in the last quarter. 85.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Oklo

In other news, CEO Jacob Dewitte sold 300,000 shares of Oklo stock in a transaction 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 sale, the chief executive officer directly owned 10,105,098 shares of the company's stock, valued at approximately $557,801,409.60. The trade was a 2.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael Stuart Klein sold 50,000 shares of Oklo stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $54.85, for a total transaction of $2,742,500.00. Following the sale, the director owned 200,000 shares in the company, valued at $10,970,000. This represents a 20.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 600,000 shares of company stock valued at $35,066,500. Corporate insiders own 18.90% of the company's stock.

About Oklo

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.