HC Wainwright Has Bullish Estimate for Oklo FY2026 Earnings

Key Points

• HC Wainwright raised its FY2026 EPS estimate to a loss of $0.99 per share from a projected $1.10 loss, close to the $1.00 consensus estimate. The firm maintained its Buy rating and $90 price target.
• Oklo’s latest quarter beat expectations, reporting a $0.22-per-share loss versus the forecast $0.27 loss, and $1.86 million in revenue against an estimate of $1.03 million.
• Analyst views remain mixed: MarketBeat reports a “Moderate Buy” consensus and a $67.83 average price target, while several firms recently cut their targets. Oklo shares were down 6.3% in the reported session.

Oklo Inc. (NYSE:OKLO - Free Report) - Analysts at HC Wainwright upped their FY2026 EPS estimates for Oklo in a report issued on Monday, November 9th. HC Wainwright analyst S. Joshi now forecasts that the company will post earnings per share of ($0.99) for the year, up from their prior estimate of ($1.10). 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 ($1.00) per share. HC Wainwright also issued estimates for Oklo's Q4 2026 earnings at ($0.30) EPS, FY2027 earnings at ($1.36) EPS, FY2028 earnings at ($1.49) EPS and FY2029 earnings at ($0.82) EPS.

A number of other equities research analysts have also recently weighed in on the company. Citigroup decreased their price objective on Oklo from $57.50 to $33.00 and set a "neutral" rating for the company in a research note on Wednesday, October 21st. Truist Financial reduced their target price on shares of Oklo from $51.00 to $31.00 and set a "hold" rating for the company in a report on Thursday, October 22nd. B. Riley Financial decreased their price target on shares of Oklo from $92.00 to $61.00 and set a "buy" rating for the company in a research report on Wednesday, October 28th. TD Cowen initiated coverage on shares of Oklo in a research report on Monday, October 26th. They set a "hold" rating and a $26.00 target price for the company. Finally, UBS Group lowered their target price on shares of Oklo from $55.00 to $41.00 and set a "neutral" rating for the company in a research note on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Oklo currently has an average rating of "Moderate Buy" and a consensus price target of $67.83.

Oklo Trading Down 6.3%

Shares of NYSE:OKLO opened at $25.14 on Wednesday. Oklo has a 12-month low of $18.53 and a 12-month high of $116.98. The business's fifty day simple moving average is $32.99 and its 200-day simple moving average is $51.71. The company has a market capitalization of $4.91 billion, a PE ratio of -26.19 and a beta of 1.31.

Oklo (NYSE:OKLO - Get Free Report) last issued its quarterly earnings data on Friday, November 6th. The company reported ($0.22) EPS for the quarter, topping analysts' consensus estimates of ($0.27) by $0.05. The business had revenue of $1.86 million during the quarter, compared to the consensus estimate of $1.03 million. During the same period last year, the firm earned ($0.20) EPS.

Insider Buying and Selling

In other news, CEO Jacob DeWitte sold 40,000 shares of the company's stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $24.64, for a total transaction of $985,600.00. Following the transaction, the chief executive officer owned 351,533 shares in the company, valued at $8,661,773.12. This represents a 10.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Hanson sold 1,034 shares of the company's stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $26.71, for a total transaction of $27,618.14. Following the transaction, the insider owned 361,277 shares in the company, valued at approximately $9,649,708.67. This trade represents a 0.29% decrease in their position. 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 sold a total of 350,203 shares of company stock valued at $12,424,945 in the last 90 days. 12.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Independent Advisor Alliance increased its position in shares of Oklo by 6.0% in the 3rd quarter. Independent Advisor Alliance now owns 9,746 shares of the company's stock valued at $359,000 after acquiring an additional 548 shares during the period. Voya Investment Management LLC raised its position in Oklo by 6.2% during the 3rd quarter. Voya Investment Management LLC now owns 11,416 shares of the company's stock worth $423,000 after buying an additional 662 shares during the last quarter. HighTower Advisors LLC lifted its stake in Oklo by 7.5% during the 3rd quarter. HighTower Advisors LLC now owns 26,272 shares of the company's stock valued at $973,000 after acquiring an additional 1,841 shares during the period. IFG Advisory LLC lifted its stake in Oklo by 48.3% during the 3rd quarter. IFG Advisory LLC now owns 7,046 shares of the company's stock valued at $261,000 after acquiring an additional 2,295 shares during the period. Finally, Moors & Cabot Inc. boosted its holdings in shares of Oklo by 7.3% in the 3rd quarter. Moors & Cabot Inc. now owns 22,478 shares of the company's stock valued at $832,000 after acquiring an additional 1,525 shares during the last quarter. Institutional investors and hedge funds own 85.03% of the company's stock.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo signed a long-term agreement with U.S. Forged Rings to reserve domestic capacity for major Aurora reactor components, with deliveries expected from 2030 and capacity planned through 2035. The deal covers components for as many as 27 reactors and may reduce future supply-chain risk. Oklo Stock and Its Manufacturing Deal Have The Bull Case Changed?
• Positive Sentiment: Third-quarter results beat analyst expectations: Oklo reported $1.86 million in sales and a loss of $0.22 per share, narrower than the anticipated $0.27 loss. The company also reported $3.1 billion in liquidity to fund its development plans. Oklo Soars 14% in a Week on a Narrower Loss and a Deal for 27 Reactors’ Worth of Forgings
• Neutral Sentiment: Oklo is also pursuing fuel fabrication, isotope production and potential fuel sales to third parties, broadening its longer-term revenue ambitions. These plans remain subject to execution, licensing and deployment risks. Oklo Eyes Third-Party Fuel Sales As A Separate Revenue Engine Beyond Reactor Deployment
• Negative Sentiment: Despite the quarterly beat, Oklo remains deeply unprofitable, with a reported net loss of $41.75 million and only modest sales. Its reactor projects are years from expected component deliveries, leaving investors exposed to execution and financing risks in the meantime.
• Negative Sentiment: Analyst estimate revisions may add pressure: HC Wainwright lowered its 2030 earnings-per-share forecast to $1.33 from $1.46, while Canaccord cut its price target to $66 from $100, though it maintained a Buy rating. Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?

About Oklo

Oklo Inc. develops advanced nuclear fission power plants designed to provide reliable, carbon-free electricity. Its Aurora powerhouse concept uses fast-reactor technology and is designed to operate with metallic fuel, including fuel derived from recycled nuclear material. Oklo is developing its technology and has not yet established a commercial operating fleet. The company plans to supply electricity through long-term power agreements rather than relying solely on equipment sales. Its prospective customers include data centers, industrial facilities, and other users seeking dependable power, with its development efforts focused primarily on the United States.

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