HC Wainwright Estimates Oklo's Q2 Earnings (NYSE:OKLO)

Key Points

• HC Wainwright raised its Q2 2026 EPS estimate for Oklo to a loss of $0.13 per share from $0.21, while keeping a Buy rating and a $90 price target on the stock.
• Oklo beat quarterly expectations by reporting a Q1 EPS loss of $0.19 versus the $0.20 consensus estimate, but the company remains unprofitable and volatile.
• Sentiment is mixed: some analysts remain bullish and hedge funds have large stakes, but insider selling, cash-burn concerns, and a new equity offering program are pressuring investor confidence.

Oklo Inc. (NYSE:OKLO - Free Report) - Research analysts at HC Wainwright lifted their Q2 2026 earnings per share estimates for shares of Oklo in a note issued to investors on Wednesday, May 13th. HC Wainwright analyst S. Joshi now forecasts that the company will post earnings per share of ($0.13) for the quarter, up from their prior estimate of ($0.21). 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 ($0.76) per share. HC Wainwright also issued estimates for Oklo's Q3 2026 earnings at ($0.15) EPS, Q4 2026 earnings at ($0.17) EPS, FY2026 earnings at ($0.65) EPS and FY2027 earnings at ($0.87) EPS.

OKLO has been the subject of a number of other research reports. JPMorgan Chase & Co. initiated coverage on Oklo in a research report on Monday. They set a "neutral" rating and a $83.00 price target for the company. Cantor Fitzgerald restated an "overweight" rating and issued a $122.00 target price on shares of Oklo in a research report on Wednesday. Texas Capital upgraded Oklo to a "strong-buy" rating in a research report on Tuesday, January 27th. Needham & Company LLC dropped their target price on Oklo from $135.00 to $73.00 and set a "buy" rating for the company in a research report on Wednesday, March 18th. Finally, Tigress Financial initiated coverage on Oklo in a research report on Monday, April 27th. They issued a "buy" rating and a $130.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $85.33.

Oklo Trading Down 3.4%

Shares of OKLO opened at $67.26 on Friday. The company has a market cap of $11.70 billion, a PE ratio of -80.07 and a beta of 1.16. The stock has a 50-day moving average price of $60.99 and a 200-day moving average price of $79.20. Oklo has a 12-month low of $34.45 and a 12-month high of $193.84.

Oklo (NYSE:OKLO - Get Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.01. During the same period in the prior year, the company posted ($0.07) EPS.

Insider Buying and Selling

In related news, insider William Carroll Murphy Goodwin sold 2,820 shares of the business's stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $56.69, for a total value of $159,865.80. Following the completion of the sale, the insider owned 15,991 shares in the company, valued at $906,529.79. The trade was a 14.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jacob Dewitte sold 140,000 shares of the business's stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $70.50, for a total value of $9,870,000.00. Following the completion of the sale, the chief executive officer owned 598,039 shares of the company's stock, valued at $42,161,749.50. The trade was a 18.97% 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. Insiders sold 809,040 shares of company stock worth $49,162,094 in the last quarter. 18.90% of the stock is owned by insiders.

Hedge Funds Weigh In On Oklo

Several hedge funds have recently made changes to their positions in OKLO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Oklo by 71.8% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company's stock valued at $792,822,000 after buying an additional 2,968,981 shares during the period. Vanguard Group Inc. increased its stake in shares of Oklo by 33.4% during the third quarter. Vanguard Group Inc. now owns 11,593,468 shares of the company's stock valued at $1,294,179,000 after buying an additional 2,901,909 shares during the period. State Street Corp raised its holdings in Oklo by 454.5% in the second quarter. State Street Corp now owns 2,138,658 shares of the company's stock worth $119,743,000 after purchasing an additional 1,752,946 shares in the last quarter. Van ECK Associates Corp raised its holdings in Oklo by 61.0% in the third quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company's stock worth $387,914,000 after purchasing an additional 1,316,867 shares in the last quarter. Finally, Norges Bank bought a new position in Oklo in the fourth quarter worth $73,786,000. 85.03% of the stock is owned by hedge funds and other institutional investors.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo announced a strategic partnership with Idaho National Laboratory to use its Prometheus AI platform to accelerate advanced reactor and fuel-system design, a development that supports the company’s technology roadmap and could improve execution. Oklo partners with Idaho National Lab to use AI for advanced reactor and fuel system design
• Positive Sentiment: Wedbush reaffirmed an Outperform rating and Cantor Fitzgerald reiterated Overweight, signaling that some Wall Street firms still see substantial upside despite near-term volatility. Oklo NYSE: OKLO Given Outperform Rating at Wedbush Oklo NYSE: OKLO Receives Overweight Rating from Cantor Fitzgerald
• Neutral Sentiment: Oklo is drawing attention as a nuclear stock to watch because investors are betting on future commercialization and project milestones, but the stock remains highly volatile and tied to execution. Nuclear Stocks To Keep An Eye On - May 13th
• Negative Sentiment: The company reported a wider first-quarter loss of $33.1 million, reinforcing concerns about heavy cash burn before revenue meaningfully ramps, which has weighed on the stock. Oklo Reported a Wider-Than-Expected Loss. Even a Major AI Boom Wasn’t Enough to Protect OKLO Stock.
• Negative Sentiment: Oklo also established a new at-the-market equity offering program and filed for a potential $1 billion share sale, raising dilution concerns that can hurt sentiment even if the capital supports future projects. Oklo Establishes New At-The-Market Equity Offering Program

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.