Shares of Oklo Inc. (NYSE:OKLO – Get Free Report) traded up 5.9% during mid-day trading on Tuesday . The company traded as high as $47.41 and last traded at $47.1230. 10,316,659 shares changed hands during trading, a decline of 11% from the average session volume of 11,572,047 shares. The stock had previously closed at $44.49.
Key Headlines Impacting Oklo
Here are the key news stories impacting Oklo this week:
- Positive Sentiment: Oklo reported its first quarterly revenue in the second quarter, generating approximately $1.21 million—well above estimates—as isotope, fuel and small modular reactor initiatives begin contributing. Management expects these businesses to scale through 2028. Oklo’s Revenue Transition Gives Bulls a New Reason to Watch
- Positive Sentiment: The company achieved first criticality at its Groves isotope facility and continues advancing fuel-supply plans with Centrus and its Aurora reactor program. These milestones support the investment case tied to rising electricity demand from data centers and artificial intelligence. OKLO Q2 Earnings Call Links Higher Cash Use to Execution
- Positive Sentiment: Oklo has roughly $3 billion in liquidity, giving it more flexibility to fund construction and development while reducing near-term financing and dilution concerns. HC Wainwright reaffirmed a Buy rating with a $90 price target. Analysts Cut Their Forecasts on Oklo
- Neutral Sentiment: Analyst views remain mixed: Citi maintained a Hold rating, while Canaccord lowered its target to $100 but retained Buy. This reflects substantial long-term upside potential offset by execution and valuation uncertainty. Citi Sticks to Their Hold Rating for Oklo
- Negative Sentiment: Second-quarter net loss widened to approximately $48.5 million, or $0.28 per share, missing consensus expectations as project execution expenses and operating investment increased. Oklo also raised 2026 spending guidance to protect its planned 2028 Aurora startup. OKLO Q2 Loss Widens Year over Year
- Negative Sentiment: CEO Jacob DeWitte sold 120,000 shares for about $4.9 million. He retains a direct stake of nearly 472,000 shares, but the sale adds to concerns because recent insider activity has been dominated by selling rather than purchases. Oklo CEO Sells Shares
Analysts Set New Price Targets
A number of brokerages have recently commented on OKLO. Citigroup dropped their target price on Oklo from $76.00 to $57.50 and set a “neutral” rating for the company in a report on Monday. Guggenheim initiated coverage on Oklo in a report on Thursday, June 25th. They set a “neutral” rating on the stock. Cantor Fitzgerald restated an “overweight” rating and issued a $122.00 price target on shares of Oklo in a research report on Wednesday, May 13th. UBS Group dropped their price objective on shares of Oklo from $60.00 to $55.00 and set a “neutral” rating for the company in a research note on Thursday, June 11th. Finally, Canaccord Genuity Group cut their price objective on shares of Oklo from $125.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Oklo has a consensus rating of “Moderate Buy” and a consensus price target of $85.03.
Oklo Stock Up 5.9%
The firm has a market cap of $8.20 billion, a P/E ratio of -50.13 and a beta of 1.17. The company’s 50 day simple moving average is $50.43 and its 200-day simple moving average is $60.02.
Oklo (NYSE:OKLO – Get Free Report) last announced its earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The business had revenue of $1.21 million during the quarter, compared to analyst estimates of $0.09 million. Oklo’s revenue for the quarter was up 11900.0% on a year-over-year basis. During the same period in the previous year, the business earned ($0.18) EPS. Equities research analysts predict that Oklo Inc. will post -0.74 EPS for the current year.
Insider Buying and Selling
In other Oklo news, CFO Richard Craig Bealmear sold 73,081 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $68.42, for a total value of $5,000,202.02. Following the transaction, the chief financial officer owned 397,642 shares of the company’s stock, valued at $27,206,665.64. This represents a 15.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jacob Dewitte sold 60,000 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $52.80, for a total value of $3,168,000.00. Following the completion of the sale, the chief executive officer owned 511,533 shares in the company, valued at approximately $27,008,942.40. The trade was a 10.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 483,629 shares of company stock valued at $29,855,608. Insiders own 12.70% of the company’s stock.
Institutional Trading of Oklo
A number of large investors have recently made changes to their positions in OKLO. NBC Securities Inc. increased its stake in Oklo by 75.0% in the 4th quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the period. Costello Asset Management INC boosted its position in Oklo by 66.7% in the 1st quarter. Costello Asset Management INC now owns 500 shares of the company’s stock valued at $25,000 after buying an additional 200 shares during the period. Gilpin Wealth Management LLC purchased a new stake in Oklo in the 4th quarter valued at about $29,000. SHP Wealth Management bought a new position in Oklo in the 4th quarter worth about $32,000. Finally, Ascentis Independent Advisors bought a new position in Oklo in the 1st quarter worth about $33,000. 85.03% of the stock is owned by hedge funds and other institutional investors.
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.
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