Oklo (NYSE:OKLO) Stock Gets Price Target Cut from Citigroup

Posted by Brian Himes on Oct 24th, 2026

Oklo (NYSE:OKLO – Free Report) had its target price reduced by Citigroup from $57.50 to $33.00 in a report released on Wednesday,Benzinga reports. Citigroup currently has a neutral rating on the stock.

Several other equities analysts also recently issued reports on the company. UBS Group reduced their price objective on Oklo from $55.00 to $41.00 and set a “neutral” rating for the company in a research report on Friday, September 25th. Barclays decreased their price objective on Oklo from $76.00 to $59.00 and set an “overweight” rating for the company in a report on Tuesday. Truist Financial set a $51.00 target price on Oklo in a research report on Monday, September 28th. Guggenheim began coverage on Oklo in a research note on Thursday, June 25th. They set a “neutral” rating on the stock. Finally, HC Wainwright reiterated a “buy” rating and set a $90.00 price target on shares of Oklo in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $78.47.

Check Out Our Latest Report on Oklo

Oklo Stock Down 2.4%

Oklo stock opened at $26.36 on Wednesday. The firm has a 50-day moving average price of $37.11 and a two-hundred day moving average price of $49.66. The firm has a market capitalization of $4.90 billion, a price-to-earnings ratio of -28.04 and a beta of 1.20. Oklo has a 52-week low of $26.07 and a 52-week high of $152.06.

Oklo (NYSE:OKLO – Get Free Report) last posted its earnings results on Friday, August 7th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The business had revenue of $1.21 million for the quarter, compared to analysts’ expectations of $0.09 million. During the same period last year, the business posted ($0.18) EPS. The company’s revenue was up 11900.0% compared to the same quarter last year. Research analysts expect that Oklo will post -1.00 earnings per share for the current year.

Insider Transactions at Oklo

In other Oklo news, insider William Carroll Murphy Goodwin sold 11,592 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $39.77, for a total transaction of $461,013.84. Following the transaction, the insider owned 45,268 shares of the company’s stock, valued at approximately $1,800,308.36. This trade represents a 20.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Richard Bealmear sold 16,430 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $38.76, for a total transaction of $636,826.80. Following the sale, the chief financial officer owned 455,976 shares in the company, valued at $17,673,629.76. This trade represents a 3.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 291,374 shares of company stock worth $10,955,825 over the last ninety days. Insiders own 12.70% of the company’s stock.

Institutional Investors Weigh In On Oklo

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp acquired a new stake in shares of Oklo during the second quarter worth $24,532,000. Bank of America Corp DE grew its holdings in shares of Oklo by 55.3% during the first quarter. Bank of America Corp DE now owns 620,281 shares of the company’s stock valued at $30,760,000 after buying an additional 220,976 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Oklo by 427.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 171,128 shares of the company’s stock valued at $12,280,000 after purchasing an additional 138,659 shares during the period. Hsbc Holdings PLC increased its stake in Oklo by 1,184.4% in the 4th quarter. Hsbc Holdings PLC now owns 112,372 shares of the company’s stock valued at $8,063,000 after buying an additional 103,623 shares during the period. Finally, Amundi increased its stake in Oklo by 59.0% in the 1st quarter. Amundi now owns 164,824 shares of the company’s stock valued at $8,174,000 after buying an additional 61,161 shares during the period. Institutional investors own 85.03% of the company’s stock.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

Positive Sentiment: ARK Investment Management purchased approximately $3.42 million of Oklo and other nuclear stocks across its exchange-traded funds. The buying may provide some institutional support and reflects continued interest in the advanced-nuclear theme. ARK Invest adds nuclear stocks
Positive Sentiment: Oklo is advancing its Groves 2 Forge isotope-production project through the U.S. Department of Energy’s Nuclear Energy Launch Pad initiative. The project could expand the company into medical-isotope production and strengthen its federal partnerships, although it is not expected to provide significant near-term revenue. Oklo Groves 2 Forge DOE role
Neutral Sentiment: Oklo will release third-quarter 2026 results before the market opens on November 6, followed by a business-update conference call. The report could provide important updates on licensing, customer agreements, project financing and cash needs. Oklo third-quarter results date
Neutral Sentiment: General Counsel Vivek Narayanadas sold 1,021 shares for approximately $27,057 under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by 8.73%, but the scheduled nature and relatively small size lessen its significance as a discretionary insider-confidence signal. Oklo insider stock sale
Negative Sentiment: Truist lowered its price target from $51 to $31 and maintained a Hold rating. It was the fourth recent brokerage to reduce its target, following similar cuts from Piper Sandler, Barclays and Citigroup, signaling weaker confidence in Oklo’s valuation and near-term execution. Truist cuts Oklo price target
Negative Sentiment: Oklo remains unprofitable, and its latest quarterly loss exceeded analyst expectations despite sharply higher revenue. Investors continue to focus on the long timeline for reactor commercialization, regulatory milestones and funding requirements.

Oklo Company Profile

(Get Free Report)

Oklo Inc is an advanced nuclear technology company developing compact fission power plants designed to provide reliable, carbon-free electricity. Its flagship product, the Aurora powerhouse, is a small modular reactor intended to operate with a high degree of fuel efficiency and to supply power directly to customers such as utilities, industrial facilities, data centers and other energy-intensive operations.

The company is also developing fuel-recycling capabilities intended to convert used nuclear fuel and other material into fuel for advanced reactors.