Oklo (NYSE:OKLO) Earns "Outperform" Rating from Wedbush

Key Points

• Wedbush reaffirmed an “outperform” rating on Oklo and set a $110 price target, implying about 55% upside from the current price.
• Other analysts remain mixed: recent moves include target cuts from Barclays and Goldman Sachs, while the overall consensus on Wall Street is still a Moderate Buy with an average target of $85.19.
• Oklo’s latest quarter came in slightly better than expected, with a loss of $0.19 per share versus estimates of $0.20, while the company also highlighted strong cash and marketable securities on hand despite continuing losses.

Oklo (NYSE:OKLO - Get Free Report)'s stock had its "outperform" rating reaffirmed by equities researchers at Wedbush in a report issued on Wednesday,Benzinga reports. They currently have a $110.00 price objective on the stock. Wedbush's target price suggests a potential upside of 55.25% from the stock's current price.

A number of other equities analysts have also recently weighed in on the company. Barclays reduced their price target on Oklo from $146.00 to $82.00 and set an "overweight" rating for the company in a report on Monday, February 23rd. JPMorgan Chase & Co. began coverage on Oklo in a research note on Monday. They set a "neutral" rating and a $83.00 target price for the company. Craig Hallum reissued a "hold" rating on shares of Oklo in a research note on Wednesday, March 18th. The Goldman Sachs Group decreased their price objective on shares of Oklo from $91.00 to $65.00 and set a "neutral" rating on the stock in a report on Wednesday, March 18th. Finally, HC Wainwright reiterated a "buy" rating and issued a $90.00 target price on shares of Oklo in a research report on Wednesday, March 18th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $85.19.

Oklo Price Performance

OKLO stock traded down $2.78 during midday trading on Wednesday, hitting $70.85. 5,284,634 shares of the stock traded hands, compared to its average volume of 11,585,735. Oklo has a 1-year low of $34.10 and a 1-year high of $193.84. The stock's fifty day simple moving average is $60.80 and its 200-day simple moving average is $80.07. The firm has a market cap of $12.32 billion, a P/E ratio of -98.29 and a beta of 1.16.

Oklo (NYSE:OKLO - Get Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.19) earnings per share for the quarter, topping analysts' consensus estimates of ($0.20) by $0.01. During the same quarter last year, the company posted ($0.07) earnings per share. On average, research analysts predict that Oklo will post -0.75 earnings per share for the current year.

Insider Activity

In related news, CFO Richard Craig Bealmear sold 16,342 shares of the company's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $51.08, for a total transaction of $834,749.36. Following the completion of the sale, the chief financial officer owned 386,008 shares of the company's stock, valued at approximately $19,717,288.64. This represents a 4.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider William Carroll Murphy Goodwin sold 2,820 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $56.69, for a total transaction of $159,865.80. Following the completion of the sale, the insider owned 15,991 shares of the company's stock, valued at approximately $906,529.79. The trade was a 14.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 809,040 shares of company stock worth $49,162,094 over the last three months. Insiders own 18.90% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in OKLO. Royal Bank of Canada increased its holdings in shares of Oklo by 162.6% in the first quarter. Royal Bank of Canada now owns 92,850 shares of the company's stock valued at $2,009,000 after purchasing an additional 57,497 shares during the last quarter. AQR Capital Management LLC acquired a new position in Oklo during the first quarter worth $519,000. Millennium Management LLC grew its holdings in Oklo by 4,974.1% in the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company's stock valued at $12,589,000 after buying an additional 570,532 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Oklo by 165.6% in the 1st quarter. NewEdge Advisors LLC now owns 15,672 shares of the company's stock worth $339,000 after acquiring an additional 9,772 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Oklo by 90.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 112,772 shares of the company's stock worth $2,439,000 after acquiring an additional 53,703 shares during the last quarter. 85.03% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo said it cleared a major regulatory hurdle for its nuclear project, reinforcing the company’s long-term commercialization path and helping lift investor confidence. Oklo Just Cleared a Big Hurdle—and Its Stock Is Rising
• Positive Sentiment: Oklo announced a partnership with Idaho National Laboratory’s Battelle Energy Alliance to use AI tools to speed advanced reactor and fuel-system design, which could improve engineering efficiency and validate its technology. Oklo and Idaho National Laboratory to Employ AI-Enabled Reactor Design for Advanced Nuclear Systems
• Positive Sentiment: For Q1 2026, Oklo beat earnings expectations by posting a loss of $0.19 per share versus the $0.20 estimate, and it highlighted a strong balance sheet with $1.59 billion in cash and $614.5 million in marketable debt securities. Oklo Publishes First Quarter 2026 Financial Results and Business Update
• Neutral Sentiment: Investors are also focused on broader industry tailwinds, including reports that the U.S. Department of Energy is considering financing for long-lead nuclear reactor parts, which could support the sector if implemented. US considering financing billions of dollars in long-lead time parts of nuclear plants, NEI says
• Negative Sentiment: The company remains unprofitable and management noted that losses deepened, keeping attention on execution risk, future dilution concerns, and the long timeline to commercial deployment. Oklo Inc (OKLO) Q1 2026 Earnings Call Highlights: Strategic Advances Amid Financial Challenges
• Negative Sentiment: Pre-earnings volatility was amplified by insider-sale disclosures and profit-taking after a strong run, which weighed on the shares ahead of the results. Oklo slides as investors weigh insider-sale filings and pre-earnings risk

Oklo Company Profile

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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