Oklo Inc.

New York Stock Exchange
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Slightly Bullish +25

Brokerages Set Oklo Inc. (NYSE:OKLO) Price Target at $84.00

📈 Brokerages set an average 12-month price target of $84.00 for Oklo Inc. with a consensus 'Moderate Buy' rating.

🔋 Oklo reported quarterly EPS of ($0.19), beating the consensus estimate of ($0.20) on May 12th.

📉 Analysts anticipate annualized losses of $0.74 per share for the current fiscal year.

💼 Wedbush reissued an 'outperform' rating with a high $110.00 price target on Tuesday, May 26th.

🏦 Tigress Financial initiated coverage with a 'buy' rating and $130.00 price objective on April 27th.

📉 UBS Group decreased its price objective to $55.00 and assigned a neutral rating on June 11th.

🧑‍💼 CFO Richard Craig Bealmear sold 73,081 shares for $5 million to cover tax withholding obligations.

📉 Insiders sold a total of 683,629 shares valued at $43.9 million in the last ninety days.

🏛️ Institutional ownership remains high at 85.03% following significant stake increases in Q4.

🚀 DNB Asset Management AS grew its position by 151.7% to own 28,625 shares valued at $2.05 million.

📈 Mirae Asset Global Investments Co. Ltd. raised holdings by 109.4% to own 345,237 shares worth $24.77 million.

🏦 M&T Bank Corp lifted its stake by 740.6% in the fourth quarter to own 22,638 shares.

⚛️ Oklo specializes in small modular reactor (SMR) technology using fast-neutron fission and liquid-metal cooling.

🏭 The company's flagship Aurora microreactor is a 1.5-megawatt electric unit cooled by sodium alloy.

🎯 Oklo aims to bring compact, factory-built reactors online within the next decade.

Bullish Signals
  • Oklo beat quarterly earnings expectations with EPS of ($0.19) versus a consensus estimate of ($0.20).
  • Wedbush reissued an 'outperform' rating with a bullish $110.00 price target.
  • Tigress Financial initiated coverage with a strong 'buy' rating and $130.00 price objective.
  • Institutional investors significantly increased stakes in Q4, with DNB Asset Management growing its position by 151.7%.
  • Mirae Asset Global Investments raised holdings by 109.4%, now owning shares valued at $24.77 million.
  • M&T Bank Corp lifted its stake by 740.6%, demonstrating renewed institutional confidence.
  • High institutional ownership of 85.03% suggests strong long-term backing from major asset managers.
Risk Factors
  • Analysts anticipate the company will post a loss of $0.74 per share for the current year.
  • CFO Richard Craig Bealmear sold 15.53% of his holdings, reducing his position by over $5 million.
  • Insiders sold a total of 683,629 shares valued at $43.9 million in the last ninety days to cover taxes.
  • UBS Group lowered its price objective from $60.00 to $55.00 and assigned a neutral rating.
  • Two equities research analysts have currently issued sell ratings on the stock.
Full Analysis
Brokerages have set an average 12-month price target of $84.00 for Oklo Inc. (NYSE:OKLO), with a consensus 'Moderate Buy' rating from twenty-five analysts covering the firm. The ratings are split between eleven buy ratings, ten hold ratings, two sell ratings, and two strong buy ratings. Recent specific actions include Wedbush reissuing an 'outperform' rating with an $110.00 target, Tigress Financial initiating coverage with a 'buy' and $130.00 target, while UBS Group lowered its objective to $55.00 with a neutral stance. Oklo reported quarterly earnings on May 12th, posting EPS of ($0.19), which beat the consensus estimate of ($0.20). Analysts anticipate the company will report an annualized loss of $0.74 per share for the current year. The company is a California-based energy technology firm headquartered in Fremont, specializing in advanced nuclear microreactors designed to deliver carbon-free power using fast-neutron fission and liquid-metal cooling. Significant insider selling occurred recently as executives sold shares to cover tax withholding obligations related to equity vesting. Insider William Carroll Murphy Goodwin sold 10,548 shares for $612,205.92, while CFO Richard Craig Bealmear sold 73,081 shares for $5,000,202.02 under a pre-arranged Rule 10b5-1 trading plan. In total, insiders sold approximately 683,629 shares valued at $43.9 million over the last ninety days, though they still retain an 18.90% ownership stake. Institutional investors have recently increased their positions in Oklo during the fourth quarter. Notable increases include DNB Asset Management AS growing its stake by 151.7%, Mirae Asset Global Investments Co. Ltd. raising holdings by 109.4%, and M&T Bank Corp lifting its stake by 740.6%. Institutional ownership now stands at 85.03% of the company's stock, indicating strong institutional interest despite recent insider liquidations.