Oklo (NYSE:OKLO) Shares Down 3.4% – What’s Next?
by Jessica Moore · The Cerbat GemShares of Oklo Inc. (NYSE:OKLO – Get Free Report) traded down 3.4% during trading on Thursday . The company traded as low as $64.66 and last traded at $67.26. 14,391,260 shares were traded during mid-day trading, an increase of 23% from the average session volume of 11,725,906 shares. The stock had previously closed at $69.66.
More Oklo News
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 speed advanced reactor and fuel-system design, a sign of continued technical progress and potential long-term operating efficiency. Oklo (OKLO) Partners With INL to Accelerate Advanced Reactor Design Using AI platform
- Positive Sentiment: Wall Street sentiment remains constructive, with Wedbush reaffirming an Outperform rating and Cantor Fitzgerald reiterating Overweight, suggesting analysts still see meaningful upside if execution improves.
- Positive Sentiment: Investors continue to focus on operational momentum, including progress toward commercialization and project buildout, which could eventually support revenue generation. Oklo Stock Could Be Ready for Another Massive Run
- Neutral Sentiment: Oklo’s Q1 loss of $0.19 per share beat estimates by a penny, but the company still posted a wider year-over-year loss and remains pre-revenue, keeping valuation tied to future execution. Oklo Publishes First Quarter 2026 Financial Results and Business Update
- Neutral Sentiment: The company’s new at-the-market equity program could help fund development, but it also raises dilution concerns for existing shareholders. Oklo Establishes New At-The-Market Equity Offering Program
- Negative Sentiment: The stock has been volatile and was hit after earnings because investors are weighing rising development costs and losses against the company’s long-term nuclear growth story. Oklo shares fall on wider-than-expected Q1 loss
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the stock. Citigroup boosted their price objective on shares of Oklo from $73.50 to $76.00 and gave the stock a “neutral” rating in a report on Thursday. The Goldman Sachs Group cut 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. B. Riley Financial cut their price objective on shares of Oklo from $129.00 to $92.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. Craig Hallum reiterated a “hold” rating on shares of Oklo in a report on Wednesday, March 18th. Finally, Needham & Company LLC cut their price objective on shares of Oklo from $135.00 to $73.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $85.33.
Check Out Our Latest Analysis on OKLO
Oklo Price Performance
The firm’s 50-day moving average price is $60.90 and its 200 day moving average price is $79.68. The firm has a market cap of $11.70 billion, a P/E ratio of -80.07 and a beta of 1.16.
Oklo (NYSE:OKLO – Get Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.01. During the same quarter in the prior year, the firm posted ($0.07) EPS. Analysts forecast that Oklo Inc. will post -0.76 earnings per share for the current year.
Insider Activity
In related news, CEO Jacob Dewitte sold 140,000 shares of the stock in a transaction dated 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 owned 656,483 shares in the company, valued at $33,080,178.37. This represents a 17.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Richard Craig Bealmear sold 72,090 shares of the stock in a transaction dated 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 owned 386,008 shares in the company, valued at approximately $23,160,480. This trade represents a 15.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 809,040 shares of company stock worth $49,162,094 in the last ninety days. Corporate insiders own 18.90% of the company’s stock.
Institutional Investors Weigh In On Oklo
Several institutional investors and hedge funds have recently bought and sold shares of the business. Sei Investments Co. raised its stake in Oklo by 344.6% during the first quarter. Sei Investments Co. now owns 50,096 shares of the company’s stock worth $2,484,000 after acquiring an additional 38,829 shares during the period. Cetera Investment Advisers raised its stake in Oklo by 11.9% during the first quarter. Cetera Investment Advisers now owns 143,299 shares of the company’s stock worth $7,106,000 after acquiring an additional 15,216 shares during the period. Himension Capital Singapore PTE. LTD. raised its stake in Oklo by 5.8% during the first quarter. Himension Capital Singapore PTE. LTD. now owns 10,570 shares of the company’s stock worth $524,000 after acquiring an additional 577 shares during the period. ABN Amro Investment Solutions raised its stake in Oklo by 199.0% during the first quarter. ABN Amro Investment Solutions now owns 13,738 shares of the company’s stock worth $681,000 after acquiring an additional 9,143 shares during the period. Finally, Pacific Sun Financial Corp raised its stake in Oklo by 76.3% during the first quarter. Pacific Sun Financial Corp now owns 7,915 shares of the company’s stock worth $393,000 after acquiring an additional 3,426 shares during the period. Institutional investors and hedge funds own 85.03% of the company’s stock.
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.