Oklo (NYSE:OKLO) Trading Down 4% – Time to Sell?
by Danessa Lincoln · The Markets DailyOklo Inc. (NYSE:OKLO – Get Free Report) shares dropped 4% during mid-day trading on Wednesday . The stock traded as low as $44.51 and last traded at $45.11. Approximately 8,322,910 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 11,556,555 shares. The stock had previously closed at $47.01.
Key Stories Impacting Oklo
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Oklo achieved first criticality at its Groves low-power test reactor in Texas and reported its first quarterly revenue of $1.21 million. The milestones provide early evidence that the company’s advanced-reactor strategy is progressing beyond the development stage. Why Oklo’s First-Ever Revenue Is Not Enough to Stop OKLO Stock’s Decline
- Positive Sentiment: Management is targeting growth across isotope, fuel and small modular reactor businesses through 2028, while approximately $3 billion in liquidity could reduce near-term financing and dilution concerns. Oklo’s Revenue Transition Gives Bulls a New Reason to Watch
- Positive Sentiment: HC Wainwright reiterated a Buy rating and maintained a $90 price target, suggesting substantial long-term upside if Oklo executes on its reactor pipeline. Oklo Earns Buy Rating from HC Wainwright
- Neutral Sentiment: Oklo CEO Jacob DeWitte sold 120,000 shares for approximately $4.9 million but reportedly retained nearly 472,000 shares directly, making the transaction difficult to interpret as a decisive change in his long-term commitment. Oklo CEO Sells Shares
- Negative Sentiment: The revenue milestone was overshadowed by a quarterly net loss of $48.54 million and an EPS loss of $0.28, which missed the $0.16 consensus loss estimate. Investors remain concerned that Oklo’s commercial revenue ramp will take time while costs continue rising.
- Negative Sentiment: HC Wainwright substantially reduced EPS forecasts across 2026–2030, including estimates of losses of $1.10 per share in 2026, $1.40 in 2027, $1.51 in 2028 and $0.79 in 2029; its 2030 profit forecast was cut to $1.46 from $2.20. Oklo Analyst Estimates
- Negative Sentiment: Truist issued a Hold rating and other analysts, including Citi and Canaccord Genuity, have maintained or lowered expectations. That more cautious stance is pressuring a highly valued, loss-making stock despite its technical achievements. Truist Gives Oklo a Hold Rating
Analysts Set New Price Targets
Several brokerages have recently commented on OKLO. Cantor Fitzgerald restated an “overweight” rating and set a $122.00 target price on shares of Oklo in a report on Wednesday, May 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Oklo in a report on Friday. Guggenheim initiated coverage on shares of Oklo in a research report on Thursday, June 25th. They set a “neutral” rating on the stock. Wedbush reissued an “outperform” rating and set a $110.00 price objective on shares of Oklo in a report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. started coverage on shares of Oklo in a research report on Monday, May 11th. They issued a “neutral” rating and a $83.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Oklo currently has an average rating of “Moderate Buy” and a consensus price target of $85.03.
Read Our Latest Research Report on Oklo
Oklo Price Performance
The stock has a market capitalization of $8.39 billion, a price-to-earnings ratio of -47.99 and a beta of 1.17. The stock has a 50-day moving average of $49.90 and a 200 day moving average of $59.71.
Oklo (NYSE:OKLO – Get Free Report) last released its earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). The business had revenue of $1.21 million for the quarter, compared to the consensus estimate of $0.09 million. The company’s revenue for the quarter was up 11900.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.18) EPS. Sell-side analysts anticipate that Oklo Inc. will post -0.74 earnings per share for the current fiscal year.
Insider Activity at Oklo
In other Oklo news, insider William Carroll Murphy Goodwin sold 10,548 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $58.04, for a total value of $612,205.92. Following the transaction, the insider directly owned 36,175 shares of the company’s stock, valued at approximately $2,099,597. This trade represents a 22.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jacob Dewitte sold 140,000 shares of Oklo stock in a transaction on Monday, June 1st. The stock was sold at an average price of $68.29, for a total transaction of $9,560,600.00. Following the sale, the chief executive officer directly owned 538,039 shares of the company’s stock, valued at $36,742,683.31. This represents a 20.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 483,629 shares of company stock worth $29,855,608 over the last ninety days. Company insiders own 12.70% of the company’s stock.
Institutional Investors Weigh In On Oklo
A number of institutional investors have recently made changes to their positions in the stock. NBC Securities Inc. boosted its holdings in Oklo by 75.0% during the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the last quarter. Gilpin Wealth Management LLC acquired a new stake in shares of Oklo in the 4th quarter valued at approximately $29,000. Wilmington Savings Fund Society FSB bought a new position in Oklo during the 3rd quarter worth approximately $45,000. Triumph Capital Management bought a new position in Oklo during the 3rd quarter worth approximately $49,000. Finally, SHP Wealth Management acquired a new position in Oklo during the fourth quarter valued at approximately $32,000. 85.03% of the stock is owned by institutional investors and hedge funds.
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.