Oklo Inc. (NYSE:OKLO – Free Report) – Equities research analysts at B. Riley upped their FY2026 earnings per share estimates for shares of Oklo in a research report issued to clients and investors on Thursday, February 6th. B. Riley analyst R. Pfingst now anticipates that the company will post earnings of ($0.47) per share for the year, up from their previous forecast of ($0.48). B. Riley has a “Buy” rating and a $58.00 price objective on the stock. The consensus estimate for Oklo’s current full-year earnings is ($8.20) per share. B. Riley also issued estimates for Oklo’s FY2027 earnings at ($0.49) EPS.
OKLO has been the subject of several other reports. Craig Hallum initiated coverage on Oklo in a research report on Tuesday, January 28th. They issued a “buy” rating and a $44.00 target price for the company. Wedbush lifted their target price on Oklo from $26.00 to $45.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, Citigroup lifted their target price on Oklo from $10.00 to $31.00 and gave the company a “neutral” rating in a research report on Wednesday, January 8th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $44.50.
Oklo Stock Down 3.2 %
NYSE OKLO opened at $53.74 on Monday. The stock has a 50-day moving average of $27.78 and a two-hundred day moving average of $18.04. Oklo has a 1-year low of $5.35 and a 1-year high of $59.14.
Insider Activity
In related news, CEO Jacob Dewitte sold 230,569 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $21.61, for a total transaction of $4,982,596.09. Following the completion of the sale, the chief executive officer now owns 12,543,085 shares in the company, valued at $271,056,066.85. The trade was a 1.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard Kinzley bought 5,000 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The shares were acquired at an average price of $19.95 per share, with a total value of $99,750.00. Following the purchase, the director now owns 5,000 shares of the company’s stock, valued at $99,750. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 21.80% of the company’s stock.
Institutional Investors Weigh In On Oklo
Institutional investors have recently added to or reduced their stakes in the business. Anfield Capital Management LLC purchased a new stake in Oklo during the fourth quarter worth approximately $43,000. AlphaQuest LLC purchased a new stake in Oklo in the fourth quarter valued at approximately $45,000. Kozak & Associates Inc. purchased a new stake in Oklo in the fourth quarter valued at approximately $57,000. Spire Wealth Management purchased a new stake in Oklo in the fourth quarter valued at approximately $72,000. Finally, Wolff Wiese Magana LLC purchased a new stake in Oklo in the fourth quarter valued at approximately $99,000. Hedge funds and other institutional investors own 85.03% of the company’s stock.
About Oklo
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.
Recommended Stories
- Five stocks we like better than Oklo
- How to Short a Stock in 5 Easy Steps
- Merck: 4 No-Brainer Reasons to Buy This Dip
- How to Calculate Stock Profit
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out
Receive News & Ratings for Oklo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oklo and related companies with MarketBeat.com's FREE daily email newsletter.