Oklo (NYSE:OKLO) Stock Price Up 4% – Time to Buy?
by Michael Walen · The Markets DailyOklo Inc. (NYSE:OKLO – Get Free Report) shares rose 4% during mid-day trading on Thursday . The stock traded as high as $69.95 and last traded at $68.95. Approximately 7,951,791 shares traded hands during trading, a decline of 32% from the average daily volume of 11,612,039 shares. The stock had previously closed at $66.32.
Key Stories Impacting Oklo
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Oklo secured binding advanced‑nuclear contracts including a clean energy supply agreement with Meta that contains a prepayment component, and the company acquired Atomic Alchemy to add radioisotope production — moves that diversify revenue sources and reduce reliance on a single business line. Oklo’s Meta Deal And Atomic Alchemy Buy Open New Revenue Paths
- Positive Sentiment: Strong retail interest persists (Reddit sentiment remains bullish), which can support volatile rallies and indicates a portion of the investor base remains confident in a big upside recovery. Oklo Is Down 24% But Reddit Is Betting on a $250 Target by July 4
- Neutral Sentiment: Analysts contrast Oklo’s high‑risk, high‑reward exposure (including potential AI data‑center demand) with regulated nuclear/utility peers that offer steadier income — useful framing for investors assessing risk tolerance. OKLO vs. SO: Which Nuclear Stock Has Better Risk-Reward?
- Neutral Sentiment: Additional comparative coverage reiterates the same risk/reward tradeoff against utilities, keeping Oklo in a speculative category until commercial reactors are operating. OKLO vs. SO: Which Nuclear Stock Has Better Risk-Reward?
- Neutral Sentiment: Third‑party comparisons and critical reviews (e.g., TXNM vs OKLO) keep investor focus on execution milestones and competitive positioning rather than immediate revenue. TXNM Energy (NYSE:TXNM) versus Oklo (NYSE:OKLO) Critical Review
- Negative Sentiment: Profile pieces caution that Oklo is still pre‑commercial and carries very high execution, regulatory and financing risk — reminders that can prompt selling or valuation re‑rating when short‑term optimism fades. 1 Nuclear Stock That Could Power Your Retirement Income for Decades
Wall Street Analyst Weigh In
A number of research firms have weighed in on OKLO. Texas Capital raised Oklo to a “strong-buy” rating in a report on Tuesday, January 27th. Bank of America raised shares of Oklo from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $111.00 to $127.00 in a research report on Wednesday, January 21st. Barclays decreased their price target on shares of Oklo from $146.00 to $82.00 and set an “overweight” rating for the company in a research report on Monday, February 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of Oklo in a research report on Thursday, January 22nd. Finally, Citigroup reissued a “neutral” rating on shares of Oklo in a research report on Monday, November 24th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Oklo presently has an average rating of “Moderate Buy” and an average target price of $98.93.
Oklo Stock Performance
The company has a market capitalization of $9.84 billion, a PE ratio of -116.67 and a beta of 0.76. The stock’s fifty day simple moving average is $79.42 and its 200-day simple moving average is $95.84.
Insider Transactions at Oklo
In other news, CFO Richard Craig Bealmear sold 9,726 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $76.93, for a total transaction of $748,221.18. Following the transaction, the chief financial officer owned 196,913 shares in the company, valued at $15,148,517.09. This represents a 4.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jacob Dewitte sold 60,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $74.45, for a total transaction of $4,467,000.00. Following the completion of the sale, the chief executive officer directly owned 748,197 shares in the company, valued at $55,703,266.65. This trade represents a 7.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,750,590 shares of company stock worth $152,068,284. Corporate insiders own 18.90% of the company’s stock.
Hedge Funds Weigh In On Oklo
Several large investors have recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings 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 during the last quarter. AQR Capital Management LLC bought a new stake in Oklo during the first quarter valued at approximately $519,000. Millennium Management LLC raised its stake in Oklo by 4,974.1% during the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock worth $12,589,000 after acquiring an additional 570,532 shares during the period. NewEdge Advisors LLC grew its holdings in Oklo by 165.6% during the 1st quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock valued at $339,000 after buying an additional 9,772 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Oklo by 90.9% during the 1st 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 acquiring an additional 53,703 shares during the last quarter. 85.03% of the stock is currently owned by institutional investors.
About Oklo
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.