Wedbush Weighs in on Oklo’s Q4 Earnings (NYSE:OKLO)

Oklo Inc. (NYSE:OKLO) – Analysts at Wedbush issued their Q4 2024 earnings per share (EPS) estimates for Oklo in a report issued on Thursday, December 19th. Wedbush analyst D. Ives expects that the company will post earnings per share of ($0.08) for the quarter. Wedbush has a “Outperform” rating and a $26.00 price objective on the stock. The consensus estimate for Oklo’s current full-year earnings is ($0.59) per share. Wedbush also issued estimates for Oklo’s Q1 2025 earnings at ($0.09) EPS, Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.08) EPS, Q4 2025 earnings at ($0.08) EPS, FY2025 earnings at ($0.34) EPS, Q1 2026 earnings at ($0.08) EPS, Q2 2026 earnings at ($0.08) EPS, Q3 2026 earnings at ($0.07) EPS and FY2026 earnings at ($0.30) EPS.

Other equities analysts have also recently issued reports about the company. B. Riley began coverage on Oklo in a report on Thursday, September 19th. They set a “buy” rating and a $10.00 target price for the company. Seaport Res Ptn raised shares of Oklo to a “hold” rating in a research report on Friday, September 6th. Finally, Citigroup dropped their price objective on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating for the company in a report on Tuesday, September 24th.

Oklo Stock Performance

Shares of OKLO stock opened at $21.52 on Monday. The firm’s 50 day moving average price is $20.73 and its 200-day moving average price is $12.50. Oklo has a one year low of $5.35 and a one year high of $28.12.

Hedge Funds Weigh In On Oklo

Several hedge funds and other institutional investors have recently made changes to their positions in OKLO. HITE Hedge Asset Management LLC purchased a new stake in shares of Oklo during the third quarter worth approximately $19,753,000. Portland Investment Counsel Inc. purchased a new stake in shares of Oklo in the 3rd quarter valued at approximately $6,493,000. Readystate Asset Management LP purchased a new stake in shares of Oklo in the 3rd quarter valued at approximately $6,193,000. Geode Capital Management LLC acquired a new stake in shares of Oklo in the 3rd quarter valued at $5,971,000. Finally, State Street Corp purchased a new stake in shares of Oklo during the 3rd quarter worth $2,889,000. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Oklo Company Profile

Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.