Oklo (NYSE:OKLO) Trading 4.4% Higher – What’s Next?

Posted by George Bondi on May 28th, 2026

Oklo Inc. (NYSE:OKLO – Get Free Report) traded up 4.4% on Tuesday . The company traded as high as $73.29 and last traded at $68.76. 18,251,085 shares changed hands during trading, an increase of 54% from the average session volume of 11,831,004 shares. The stock had previously closed at $65.88.

Key Headlines Impacting Oklo

Here are the key news stories impacting Oklo this week:

Positive Sentiment: Oklo was selected by the U.S. Department of Energy for advanced negotiations under the Surplus Plutonium Utilization Program, a potential pathway to convert Cold War-era plutonium into reactor fuel. This could strengthen Oklo’s long-term fuel access and improve its relationship with federal agencies. Article Title
Positive Sentiment: Reports say Oklo is in “advanced negotiations” for the U.S. nuclear reactor fuel program, reinforcing investor optimism that the company may secure a strategic fuel source for future reactors. Article Title
Positive Sentiment: Oklo’s partnership with a national lab to build AI-enabled reactors adds to the bullish narrative that the company could be well positioned to serve growing power demand from data centers and AI workloads. Article Title
Neutral Sentiment: Goldman Sachs reiterated a Hold rating on Oklo, which may temper some enthusiasm even as the stock benefits from recent DOE-related developments. Article Title
Neutral Sentiment: Commentary comparing NuScale and Oklo highlights the market’s renewed interest in nuclear power, but also reminds investors that Oklo remains a pre-revenue, higher-risk name. Article Title
Negative Sentiment: Some coverage continues to emphasize execution risk: Oklo still needs to prove it can turn policy wins and partnerships into actual power delivery and revenue. Article Title

Analyst Upgrades and Downgrades

A number of research firms have weighed in on OKLO. Weiss Ratings raised shares of Oklo from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, May 13th. Needham & Company LLC reduced their target price on shares of Oklo from $135.00 to $73.00 and set a “buy” rating on the stock in a report on Wednesday, March 18th. Wedbush reissued an “outperform” rating and set a $110.00 target price on shares of Oklo in a report on Tuesday. Zacks Research raised shares of Oklo from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. Finally, Tigress Financial began coverage on shares of Oklo in a report on Monday, April 27th. They set a “buy” rating and a $130.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $83.06.

Check Out Our Latest Research Report on Oklo

Oklo Price Performance

The firm has a market cap of $11.88 billion, a price-to-earnings ratio of -81.30 and a beta of 1.16. The firm’s fifty day moving average is $61.60 and its 200-day moving average is $74.83.

Oklo (NYSE:OKLO – Get Free Report) last released its 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 quarter last year, the business posted ($0.07) earnings per share. As a group, equities research analysts anticipate that Oklo Inc. will post -0.78 EPS for the current year.

Insider Buying and Selling at Oklo

In related news, CFO Richard Craig Bealmear sold 72,090 shares of the business’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $60.00, for a total value of $4,325,400.00. Following the transaction, the chief financial officer owned 386,008 shares in the company, valued at $23,160,480. The trade was a 15.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jacob Dewitte sold 140,000 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $50.39, for a total transaction of $7,054,600.00. Following the transaction, the chief executive officer directly owned 656,483 shares in the company, valued at approximately $33,080,178.37. This represents a 17.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 819,588 shares of company stock worth $49,774,300. 18.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Caprock Group LLC purchased a new stake in Oklo during the third quarter worth about $14,829,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in Oklo by 48.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 164,860 shares of the company’s stock valued at $18,403,000 after acquiring an additional 54,080 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Oklo by 298.6% in the third quarter. Envestnet Asset Management Inc. now owns 23,396 shares of the company’s stock valued at $2,612,000 after acquiring an additional 17,526 shares during the last quarter. DNB Asset Management AS boosted its stake in Oklo by 151.7% in the fourth quarter. DNB Asset Management AS now owns 28,625 shares of the company’s stock valued at $2,054,000 after acquiring an additional 17,253 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Oklo in the third quarter valued at about $2,177,000. 85.03% of the stock is owned by institutional investors.

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.

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