Oklo (NYSE:OKLO) Shares Down 7.8% – Should You Sell?

Posted by Geri Gentry on Jul 9th, 2026

Oklo Inc. (NYSE:OKLO – Get Free Report) traded down 7.8% on Tuesday . The company traded as low as $46.95 and last traded at $47.8220. 11,181,970 shares were traded during mid-day trading, a decline of 7% from the average daily volume of 12,000,446 shares. The stock had previously closed at $51.84.

Analysts Set New Price Targets

A number of brokerages recently weighed in on OKLO. Wedbush restated an “outperform” rating and set a $110.00 price objective on shares of Oklo in a research report on Tuesday, May 26th. Cantor Fitzgerald restated an “overweight” rating and issued a $122.00 price objective on shares of Oklo in a research report on Wednesday, May 13th. Wolfe Research assumed coverage on Oklo in a report on Tuesday, May 19th. They set a “peer perform” rating on the stock. UBS Group reduced their price objective on Oklo from $60.00 to $55.00 and set a “neutral” rating on the stock in a research note on Thursday, June 11th. Finally, Needham & Company LLC cut their target price on Oklo from $135.00 to $73.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $84.18.

Read Our Latest Analysis on OKLO

Oklo Price Performance

The stock has a market cap of $8.65 billion, a PE ratio of -59.29 and a beta of 1.14. The business has a fifty day moving average of $61.81 and a 200-day moving average of $67.14.

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, topping analysts’ consensus estimates of ($0.20) by $0.01. During the same period in the prior year, the company posted ($0.07) EPS. As a group, equities research analysts predict that Oklo Inc. will post -0.73 EPS for the current year.

Insider Buying and Selling

In related news, CEO Jacob Dewitte sold 60,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $52.80, for a total transaction of $3,168,000.00. Following the completion of the sale, the chief executive officer owned 511,533 shares of the company’s stock, valued at $27,008,942.40. This represents a 10.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Richard Craig Bealmear sold 73,081 shares of Oklo stock in a transaction on Monday, June 1st. The stock was sold at an average price of $68.42, for a total transaction of $5,000,202.02. Following the completion of the transaction, the chief financial officer directly owned 397,642 shares in the company, valued at $27,206,665.64. This represents a 15.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 683,629 shares of company stock worth $43,902,208 in the last three months. 18.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Oklo

Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in shares of Oklo by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 11,637,504 shares of the company’s stock valued at $835,107,000 after acquiring an additional 44,036 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Oklo by 71.8% in the 3rd 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. Van ECK Associates Corp lifted its stake in Oklo by 13.9% during the 4th quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock valued at $283,902,000 after acquiring an additional 481,288 shares during the period. State Street Corp increased its stake in shares of Oklo by 23.6% in the fourth quarter. State Street Corp now owns 3,060,220 shares of the company’s stock worth $219,601,000 after acquiring an additional 584,184 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Oklo by 7.0% during the fourth quarter. Geode Capital Management LLC now owns 2,816,007 shares of the company’s stock worth $201,671,000 after purchasing an additional 185,265 shares during the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

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.