Oklo Inc. (NYSE:OKLO) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Oklo has a consensus "Moderate Buy" rating from 23 brokerages, with an average 12-month price target of about $83.06. Recent analyst moves were mixed, including price-target boosts and cuts but generally maintained positive or neutral views.
• The biggest recent catalyst is Oklo’s selection by the U.S. Department of Energy for advanced negotiations under the Surplus Plutonium Utilization Program, which could help the company turn surplus plutonium into fuel for advanced reactors. The move is seen as a potential strategic win, though it is still only a negotiation phase.
• Oklo remains a volatile, pre-revenue company despite the upbeat headlines, and insiders have been selling shares recently. The company also reported a smaller-than-expected quarterly loss, but analysts still expect a full-year loss.

Oklo Inc. (NYSE:OKLO - Get Free Report) has earned an average recommendation of "Moderate Buy" from the twenty-three brokerages that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $83.0556.

OKLO has been the subject of a number of recent analyst reports. Citigroup upped their target price on Oklo from $73.50 to $76.00 and gave the stock a "neutral" rating in a research report on Thursday, May 14th. JPMorgan Chase & Co. initiated coverage on Oklo in a research report on Monday, May 11th. They set a "neutral" rating and a $83.00 target price for the company. HC Wainwright reaffirmed a "buy" rating and set a $90.00 target price on shares of Oklo in a research report on Wednesday, March 18th. Zacks Research raised Oklo from a "strong sell" rating to a "hold" rating in a research report on Thursday, March 19th. Finally, B. Riley Financial decreased their target price on Oklo from $129.00 to $92.00 and set a "buy" rating for the company in a research report on Wednesday, March 18th.

Oklo Stock Performance

NYSE:OKLO opened at $67.72 on Thursday. The stock's 50 day moving average price is $61.45 and its 200 day moving average price is $75.14. Oklo has a 52 week low of $44.88 and a 52 week high of $193.84. The company has a market capitalization of $11.78 billion, a P/E ratio of -80.62 and a beta of 1.16.

Oklo (NYSE:OKLO - Get Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.19) EPS for the quarter, topping analysts' consensus estimates of ($0.20) by $0.01. During the same period last year, the company posted ($0.07) earnings per share. As a group, sell-side analysts forecast that Oklo will post -0.78 earnings per share for the current fiscal year.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: The biggest catalyst is Oklo’s selection by the U.S. Department of Energy for advanced negotiations under the Surplus Plutonium Utilization Program, which could allow the company and partner newcleo to turn Cold War-era surplus plutonium into fuel for advanced reactors. Investors appear to view this as a major strategic win because it could ease one of the key bottlenecks for scaling nuclear power. Article Title
• Positive Sentiment: News flow around the DOE program was broadly positive, with multiple reports noting that Oklo was one of only a handful of companies chosen for the initiative, reinforcing confidence in its regulatory and government relationships. Article Title
• Positive Sentiment: Oklo also drew attention for a separate partnership with a national lab to develop AI-enabled reactors, adding to the narrative that the company is positioning itself to serve future power demand from data centers and AI infrastructure. Article Title
• Neutral Sentiment: Several articles framed the move as an important milestone toward commercialization, but the DOE step is still a negotiation phase rather than a finalized fuel supply agreement. Article Title
• Negative Sentiment: Despite the bullish headlines, Oklo remains a pre-revenue company with execution risk, and the stock has already been volatile, so investors may be pricing in a lot of future success upfront. Article Title

Insiders Place Their Bets

In other Oklo news, CEO Jacob Dewitte sold 140,000 shares of the company's stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $70.50, for a total transaction 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. This represents a 18.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard Craig Bealmear sold 16,342 shares of the company's stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $51.08, for a total value of $834,749.36. Following the sale, the chief financial officer directly owned 386,008 shares of the company's stock, valued at $19,717,288.64. The trade was a 4.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 819,588 shares of company stock valued at $49,774,300 over the last 90 days. 18.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Oklo

Hedge funds and other institutional investors have recently modified their holdings of the stock. Gables Capital Management Inc. acquired a new stake in shares of Oklo in the third quarter worth $28,000. Nemes Rush Group LLC acquired a new stake in shares of Oklo in the third quarter worth $28,000. CI Investments Inc. grew its stake in shares of Oklo by 153.0% in the third quarter. CI Investments Inc. now owns 296 shares of the company's stock worth $33,000 after acquiring an additional 179 shares during the last quarter. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Oklo in the third quarter worth $33,000. Finally, Comprehensive Financial Planning Inc. PA grew its stake in shares of Oklo by 950.0% in the third quarter. Comprehensive Financial Planning Inc. PA now owns 315 shares of the company's stock worth $35,000 after acquiring an additional 285 shares during the last quarter. Institutional investors and hedge funds own 85.03% of the company's stock.

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.

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