Oklo (NYSE:OKLO) Stock Price Down 5.7% – Time to Sell?

Posted by George Bondi on Jun 24th, 2026

Oklo Inc. (NYSE:OKLO – Get Free Report) was down 5.7% during mid-day trading on Wednesday . The company traded as low as $52.87 and last traded at $53.9140. 9,325,831 shares were traded during trading, a decline of 23% from the average session volume of 12,080,699 shares. The stock had previously closed at $57.19.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

Positive Sentiment: Oklo received preliminary U.S. Department of Energy safety approval for its first Aurora Powerhouse build at Idaho National Laboratory, a key regulatory milestone that reduces project uncertainty and supports its path toward commercialization. Article: Oklo (OKLO) Wins DOE Safety Approval For First Aurora Powerhouse Build
Positive Sentiment: The company’s flexible licensing strategy, along with DOE milestones and NRC progress, is being viewed as a way to speed reactor rollout and create a repeatable deployment model, which could improve investor confidence in future project execution. Article: OKLO’s Licensing Strategy Aims to Support Reactor Rollout
Positive Sentiment: Oklo and Centrus Energy reached a fuel-supply agreement for HALEU starting in 2029, strengthening the company’s nuclear AI power thesis and reducing one of the biggest execution risks for advanced reactors. Article: Centrus Agreement Strengthens Oklo Stock’s Nuclear AI Power Thesis
Neutral Sentiment: Oklo’s CEO said the company is targeting power production in roughly two years and argues the AI data-center buildout is large enough to support both big nuclear plants and advanced modular reactors, reinforcing the long-term demand story. Article: America’s Nuclear Buildout Gains Speed
Negative Sentiment: One recent article argues Oklo’s stock has been falling because nuclear momentum may be shifting toward large reactors instead of small modular ones, which could dampen sentiment around Oklo’s business model and near-term valuation. Article: Why Oklo Stock Keeps Going Down

Analysts Set New Price Targets

A number of analysts have recently commented on OKLO shares. Tigress Financial initiated coverage on Oklo in a research note on Monday, April 27th. They issued a “buy” rating and a $130.00 price objective on the stock. Royal Bank Of Canada set a $80.00 target price on Oklo in a research note on Friday, May 22nd. HC Wainwright reaffirmed a “buy” rating and set a $90.00 target price on shares of Oklo in a report on Wednesday, March 18th. Wolfe Research started coverage on shares of Oklo in a research report on Tuesday, May 19th. They issued a “peer perform” rating on the stock. Finally, Bank of America initiated coverage on shares of Oklo in a report on Friday, May 22nd. They issued a “buy” rating and a $80.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $84.18.

Get Our Latest Stock Analysis on Oklo

Oklo Stock Down 5.7%

The stock has a market cap of $9.38 billion, a price-to-earnings ratio of -64.18 and a beta of 1.10. The company’s 50-day simple moving average is $65.18 and its 200-day simple moving average is $70.45.

Oklo (NYSE:OKLO – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.01. During the same period in the prior year, the firm posted ($0.07) earnings per share. As a group, analysts expect that Oklo Inc. will post -0.78 EPS for the current fiscal year.

Insider Transactions at Oklo

In related news, CEO Jacob Dewitte sold 140,000 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $68.29, for a total value of $9,560,600.00. Following the completion of the transaction, the chief executive officer owned 538,039 shares in the company, valued at $36,742,683.31. This trade represents a 20.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William Carroll Murphy Goodwin sold 10,548 shares of Oklo stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $58.04, for a total value of $612,205.92. Following the completion of the transaction, the insider directly owned 36,175 shares in the company, valued at $2,099,597. This represents a 22.58% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 699,971 shares of company stock valued at $44,221,357 over the last three months. Company insiders own 18.90% of the company’s stock.

Institutional Trading of Oklo

A number of hedge funds have recently bought and sold shares of OKLO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Oklo by 71.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,102,234 shares of the company’s stock worth $792,822,000 after buying an additional 2,968,981 shares during the period. State Street Corp lifted its position in shares of Oklo by 454.5% in the 2nd quarter. State Street Corp now owns 2,138,658 shares of the company’s stock valued at $119,743,000 after acquiring an additional 1,752,946 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Oklo by 61.0% in the 3rd quarter. Van ECK Associates Corp now owns 3,474,993 shares of the company’s stock valued at $387,914,000 after acquiring an additional 1,316,867 shares in the last quarter. Norges Bank acquired a new position in Oklo in the 4th quarter worth approximately $73,786,000. Finally, Millennium Management LLC boosted its stake in Oklo by 4,974.1% in the 1st 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. 85.03% of the stock is owned by hedge funds and other institutional investors.

About Oklo

(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.

The company’s flagship product, the Aurora microreactor, is a 1.5-megawatt electric (MWe) fast reactor cooled by a sodium alloy.