Oklo Inc.

(New York Stock Exchange)
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Somewhat Bearish -45

OKLO Vs SMR: How Two Battered Nuclear Stocks Stack Up Before Q3 Earnings

Price target change AI-generated analysis

πŸ“… Oklo Inc. (OKLO) is scheduled to release its Q3 earnings results on November 6 before the market bell.

πŸ’° Analysts estimate OKLO will report quarterly revenue of approximately $99,000 with a loss per share of $0.21.

πŸ“‰ B. Riley Capital Management slashed OKLO's price target from $92 to $61 while maintaining a 'Buy' rating.

πŸ“Š The revised B. Riley target implies approximately 125% upside potential from the stock's last closing price.

πŸ“‰ OKLO shares have declined more than 62% year-to-date, reflecting broader market pressure on high-beta growth stocks.

🐻 Retail sentiment for OKLO is currently classified as 'bearish' according to Stocktwits data.

🏦 B. Riley attributes the valuation reset to elevated interest rates and a de-risking of high-beta names in the sector.

πŸ“ˆ The 12-month average price target for OKLO stands at $66.80, implying over 146% upside from current levels.

βš–οΈ Oklo is being compared to NuScale Power (SMR), which has outperformed OKLO this week despite similar sector headwinds.

Bullish Signals
  • Despite a lower price target, B. Riley maintains a 'Buy' rating on the stock, implying approximately 125% upside from the last close.
  • The 12-month average price target of $66.80 suggests significant long-term potential with over 146% upside from current levels.
Risk Factors
  • B. Riley lowered its price target from $92 to $61, citing a valuation reset driven by elevated interest rates and de-risking of high-beta names.
  • The stock has declined more than 62% year-to-date, indicating significant pressure on the share price.
  • Retail sentiment is currently 'bearish', reflecting negative market perception ahead of earnings.
Full Analysis
Two nuclear energy companies, Oklo Inc. (OKLO) and NuScale Power Corp. (SMR), are positioned for third-quarter earnings reports next week, with OKLO scheduled to report before the bell on November 6 and SMR following after market close on November 5. Analysts project that OKLO will generate approximately $99,000 in revenue for the quarter, accompanied by an expected loss per share of $0.21. In contrast, SMR is anticipated to report significantly higher revenue of $3.84 million with a smaller loss per share of $0.13. Market sentiment and analyst actions have shifted negatively toward OKLO recently. B. Riley Capital Management lowered its price target for OKLO from $92 to $61 while maintaining a 'Buy' rating, citing a valuation reset driven by high interest rates and a de-risking trend in high-beta names. Despite the lower price target, the reduction implies roughly 125% upside from the stock's last close. The broader market context shows OKLO has declined over 62% this year, with retail sentiment currently rated as 'bearish' on the platform.