Oklo (NYSE:OKLO) Trading Down 3.7% – Here’s What Happened

23 Jan 2026, 22:40 by Danessa Lincoln · The Markets Daily

Oklo Inc. (NYSE:OKLO – Get Free Report) shares traded down 3.7% during trading on Friday . The stock traded as low as $86.17 and last traded at $87.5430. 9,299,300 shares were traded during mid-day trading, a decline of 38% from the average session volume of 14,986,571 shares. The stock had previously closed at $90.93.

Wall Street Analyst Weigh In

OKLO has been the subject of several research analyst reports. Barclays set a $146.00 price target on shares of Oklo in a research report on Monday, September 29th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $122.00 target price on shares of Oklo in a report on Wednesday, November 12th. UBS Group reissued a “neutral” rating on shares of Oklo in a research report on Monday, January 12th. Weiss Ratings restated a “sell (d)” rating on shares of Oklo in a research note on Wednesday, October 8th. Finally, Canaccord Genuity Group began coverage on Oklo in a research note on Thursday, October 9th. They issued a “buy” rating and a $175.00 price objective on the stock. One equities research analyst has 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, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $103.20.

Get Our Latest Research Report on OKLO

Oklo Stock Down 3.7%

The company has a market cap of $13.68 billion, a price-to-earnings ratio of -162.12 and a beta of 0.76. The stock has a 50 day simple moving average of $90.24 and a 200 day simple moving average of $95.24.

Oklo (NYSE:OKLO – Get Free Report) last released its quarterly earnings results on Wednesday, November 12th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.07). During the same period in the previous year, the business earned ($0.08) earnings per share. As a group, equities research analysts expect that Oklo Inc. will post -8.2 EPS for the current fiscal year.

Insider Buying and Selling at Oklo

In other Oklo news, CFO Richard Craig Bealmear sold 5,159 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $76.97, for a total transaction of $397,088.23. Following the completion of the sale, the chief financial officer owned 196,913 shares in the company, valued at $15,156,393.61. This trade represents a 2.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jacob Dewitte sold 26,740 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $111.38, for a total value of $2,978,301.20. Following the completion of the transaction, the chief executive officer directly owned 808,197 shares in the company, valued at approximately $90,016,981.86. The trade was a 3.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,552,800 shares of company stock worth $137,543,426 in the last ninety days. 18.90% of the stock is currently owned by insiders.

Institutional Trading of Oklo

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