William Blair began coverage on shares of Oklo (NYSE:OKLO - Get Free Report) in a note issued to investors on Wednesday, MarketBeat.com reports. The firm set an "outperform" rating on the stock. William Blair also issued estimates for Oklo's Q2 2025 earnings at ($0.14) EPS, Q3 2025 earnings at ($0.10) EPS, Q4 2025 earnings at ($0.12) EPS, FY2025 earnings at ($0.50) EPS, FY2026 earnings at ($0.53) EPS and FY2027 earnings at ($0.51) EPS.
Several other analysts have also commented on OKLO. Wedbush raised their price objective on Oklo from $45.00 to $55.00 and gave the company an "outperform" rating in a report on Friday, May 23rd. CLSA raised shares of Oklo from an "outperform" rating to a "moderate buy" rating and lifted their price target for the company from $50.00 to $74.00 in a research note on Tuesday. HC Wainwright began coverage on shares of Oklo in a research report on Wednesday, April 23rd. They set a "buy" rating and a $55.00 price objective for the company. B. Riley increased their price objective on shares of Oklo from $27.00 to $58.00 and gave the company a "buy" rating in a report on Thursday, February 6th. Finally, BTIG Research initiated coverage on shares of Oklo in a research note on Friday, April 11th. They set a "neutral" rating for the company. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Oklo has an average rating of "Moderate Buy" and an average price target of $52.67.
View Our Latest Report on Oklo
Oklo Price Performance
NYSE:OKLO traded down $0.15 during trading hours on Wednesday, reaching $52.78. The company had a trading volume of 23,432,122 shares, compared to its average volume of 12,815,441. The firm has a market cap of $7.35 billion, a PE ratio of -9.76 and a beta of -0.02. Oklo has a 1-year low of $5.35 and a 1-year high of $59.14. The business's 50 day moving average price is $29.25 and its 200-day moving average price is $29.46.
Oklo (NYSE:OKLO - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.04. On average, analysts expect that Oklo will post -8.2 earnings per share for the current fiscal year.
Insider Activity
In related news, Co-Founder, CEO Jacob DeWitte 139,635 shares of the business's stock in a transaction dated Friday, March 28th. Following the completion of the , the insider now directly owns 10,893,926 shares of the company's stock, valued at approximately $249,253,026.88. The trade was a 1.27% decrease in their position. The was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director John M. Jansen acquired 6,000 shares of the stock in a transaction on Thursday, March 27th. The shares were bought at an average cost of $24.57 per share, for a total transaction of $147,420.00. Following the purchase, the director now directly owns 6,000 shares of the company's stock, valued at $147,420. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 21.80% of the company's stock.
Institutional Trading of Oklo
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Barclays PLC increased its stake in Oklo by 5.7% during the fourth quarter. Barclays PLC now owns 7,666 shares of the company's stock worth $163,000 after acquiring an additional 416 shares during the last quarter. Signaturefd LLC grew its holdings in shares of Oklo by 5.4% during the 1st quarter. Signaturefd LLC now owns 8,962 shares of the company's stock worth $194,000 after purchasing an additional 462 shares during the period. Spire Wealth Management grew its holdings in shares of Oklo by 14.1% during the 1st quarter. Spire Wealth Management now owns 3,896 shares of the company's stock worth $84,000 after purchasing an additional 481 shares during the period. Intrua Financial LLC increased its position in shares of Oklo by 4.2% during the 1st quarter. Intrua Financial LLC now owns 13,375 shares of the company's stock worth $289,000 after purchasing an additional 535 shares during the last quarter. Finally, Ancora Advisors LLC raised its holdings in Oklo by 18.2% in the 4th quarter. Ancora Advisors LLC now owns 4,610 shares of the company's stock valued at $98,000 after buying an additional 710 shares during the period. 85.03% of the stock is owned by institutional investors and hedge funds.
About Oklo
(
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Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.
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