Oklo (NYSE:OKLO) Earns Overweight Rating from Cantor Fitzgerald

Key Points

• Cantor Fitzgerald reiterated an overweight rating on Oklo and set a $122 price target, implying about 72% upside from the stock’s current level.
• Oklo’s shares opened at $70.73, and the stock has seen a wide range over the past year, with a low of $34.10 and a high of $193.84. MarketBeat’s consensus view remains Moderate Buy with an average target of $87.42.
• The company remains unprofitable, but it recently beat Q1 earnings estimates by posting a loss of $0.19 per share versus the expected $0.20 loss. Insider selling and execution risk continue to be key concerns, even as Oklo advances its nuclear microreactor plans.

Oklo (NYSE:OKLO - Get Free Report)'s stock had its "overweight" rating reiterated by Cantor Fitzgerald in a report released on Wednesday,Benzinga reports. They presently have a $122.00 target price on the stock. Cantor Fitzgerald's price objective indicates a potential upside of 72.49% from the company's current price.

A number of other research analysts have also recently weighed in on OKLO. Craig Hallum reaffirmed a "hold" rating on shares of Oklo in a research report on Wednesday, March 18th. Barclays lowered their price target on shares of Oklo from $146.00 to $82.00 and set an "overweight" rating for the company in a report on Monday, February 23rd. HSBC assumed coverage on Oklo in a research note on Thursday, April 23rd. They set a "buy" rating and a $96.00 target price for the company. Canaccord Genuity Group reduced their price target on Oklo from $175.00 to $125.00 and set a "buy" rating for the company in a report on Wednesday, March 18th. Finally, Weiss Ratings lowered Oklo from a "sell (d-)" rating to a "sell (e+)" rating in a research note on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $87.42.

Oklo Stock Performance

Shares of NYSE:OKLO opened at $70.73 on Wednesday. Oklo has a one year low of $34.10 and a one year high of $193.84. The business's fifty day moving average price is $60.80 and its two-hundred day moving average price is $80.07. The stock has a market cap of $12.30 billion, a PE ratio of -101.63 and a beta of 1.16.

Oklo (NYSE:OKLO - Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.20) by $0.01. During the same quarter last year, the business posted ($0.07) EPS. As a group, equities research analysts predict that Oklo will post -0.75 earnings per share for the current fiscal year.

Insider Activity at Oklo

In other Oklo news, CEO Jacob Dewitte sold 140,000 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $50.39, for a total transaction of $7,054,600.00. Following the sale, the chief executive officer directly owned 656,483 shares of the company's stock, valued at approximately $33,080,178.37. This represents a 17.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard Craig Bealmear sold 72,090 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $60.00, for a total transaction of $4,325,400.00. Following the sale, the chief financial officer directly owned 386,008 shares in the company, valued at $23,160,480. This trade represents a 15.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 809,040 shares of company stock valued at $49,162,094. Insiders own 18.90% of the company's stock.

Institutional Investors Weigh In On Oklo

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in Oklo by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 11,637,504 shares of the company's stock valued at $835,107,000 after acquiring an additional 44,036 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Oklo by 71.8% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company's stock valued at $792,822,000 after purchasing an additional 2,968,981 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of Oklo by 13.9% during the fourth quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company's stock worth $283,902,000 after buying an additional 481,288 shares during the period. State Street Corp boosted its position in Oklo by 23.6% during the 4th quarter. State Street Corp now owns 3,060,220 shares of the company's stock worth $219,601,000 after acquiring an additional 584,184 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Oklo by 7.0% in the fourth quarter. Geode Capital Management LLC now owns 2,816,007 shares of the company's stock worth $201,671,000 after purchasing an additional 185,265 shares during the period. Institutional investors own 85.03% of the company's stock.

Key Headlines Impacting 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

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.