Oklo (NYSE:OKLO) Stock Price Down 7.3% – Here’s What Happened

21 Apr 2026, 15:12 by Doug Wharley · The Cerbat Gem

Oklo Inc. (NYSE:OKLO – Get Free Report) traded down 7.3% during trading on Tuesday . The stock traded as low as $62.94 and last traded at $63.1630. 10,230,392 shares traded hands during mid-day trading, a decline of 4% from the average session volume of 10,647,889 shares. The stock had previously closed at $68.13.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. The Goldman Sachs Group decreased their target price on shares of Oklo from $91.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $122.00 target price on shares of Oklo in a research note on Wednesday, March 18th. Zacks Research raised shares of Oklo from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 19th. Craig Hallum reaffirmed a “hold” rating on shares of Oklo in a research note on Wednesday, March 18th. Finally, Needham & Company LLC decreased their target price on shares of Oklo from $135.00 to $73.00 and set a “buy” rating on the stock in a research note on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Oklo has a consensus rating of “Moderate Buy” and a consensus target price of $84.30.

Read Our Latest Analysis on Oklo

Oklo Stock Down 7.2%

The firm has a market cap of $10.97 billion, a P/E ratio of -87.79 and a beta of 0.93. The firm’s fifty day moving average is $59.09 and its two-hundred day moving average is $87.60.

Oklo (NYSE:OKLO – Get Free Report) last released its quarterly earnings results on Tuesday, March 17th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.10). During the same quarter last year, the company posted ($0.74) EPS. As a group, sell-side analysts forecast that Oklo Inc. will post -0.78 EPS for the current year.

Insider Activity

In other news, CFO Richard Craig Bealmear sold 16,342 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $51.08, for a total transaction of $834,749.36. Following the sale, the chief financial officer owned 386,008 shares in the company, valued at approximately $19,717,288.64. The trade was a 4.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jacob Dewitte sold 60,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $50.25, for a total transaction of $3,015,000.00. Following the sale, the chief executive officer owned 691,533 shares in the company, valued at approximately $34,749,533.25. This trade represents a 7.98% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 818,766 shares of company stock worth $50,855,915. Corporate insiders own 18.90% of the company’s stock.

Institutional Trading of Oklo

A number of hedge funds have recently modified their holdings of the business. Plancorp LLC boosted its holdings in shares of Oklo by 1.2% during the 3rd quarter. Plancorp LLC now owns 6,089 shares of the company’s stock valued at $680,000 after buying an additional 73 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Oklo by 3.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 2,622 shares of the company’s stock valued at $293,000 after buying an additional 94 shares in the last quarter. Prestige Wealth Management Group LLC boosted its holdings in shares of Oklo by 1.5% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 7,066 shares of the company’s stock valued at $789,000 after buying an additional 101 shares in the last quarter. Meriwether Wealth & Planning LLC boosted its holdings in shares of Oklo by 2.7% during the 4th quarter. Meriwether Wealth & Planning LLC now owns 4,545 shares of the company’s stock valued at $326,000 after buying an additional 120 shares in the last quarter. Finally, Rossby Financial LCC boosted its holdings in shares of Oklo by 75.0% during the 3rd quarter. Rossby Financial LCC now owns 350 shares of the company’s stock valued at $41,000 after buying an additional 150 shares in the last quarter. Institutional investors own 85.03% of the company’s stock.

Oklo Company Profile

(Get Free Report)

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.