Free Trial

Oklo (OKLO) to Release Quarterly Earnings on Monday

Oklo logo with Oils/Energy background
Remove Ads

Oklo (NYSE:OKLO - Get Free Report) is expected to announce its earnings results after the market closes on Monday, March 24th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

Oklo Trading Up 3.0 %

Shares of NYSE OKLO traded up $0.78 during mid-day trading on Wednesday, reaching $26.80. 1,221,876 shares of the company's stock were exchanged, compared to its average volume of 18,089,367. Oklo has a 52 week low of $5.35 and a 52 week high of $59.14. The firm has a 50-day moving average price of $35.74 and a two-hundred day moving average price of $23.56.

Insider Buying and Selling

In other news, CEO Jacob Dewitte sold 230,569 shares of Oklo stock in a transaction on Friday, December 20th. The stock was sold at an average price of $21.61, for a total value of $4,982,596.09. Following the completion of the transaction, the chief executive officer now directly owns 12,543,085 shares in the company, valued at approximately $271,056,066.85. The trade was a 1.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard Kinzley purchased 5,000 shares of Oklo stock in a transaction dated Monday, December 23rd. The stock was bought at an average price of $19.95 per share, with a total value of $99,750.00. Following the completion of the transaction, the director now owns 5,000 shares of the company's stock, valued at $99,750. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. 21.80% of the stock is owned by insiders.

Remove Ads

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on OKLO shares. B. Riley lifted their target price on Oklo from $27.00 to $58.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. Citigroup lifted their target price on Oklo from $10.00 to $31.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 8th. Wedbush raised their target price on Oklo from $26.00 to $45.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Finally, Craig Hallum started coverage on Oklo in a research report on Tuesday, January 28th. They set a "buy" rating and a $44.00 price target on the stock. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $44.50.

Get Our Latest Report on Oklo

About Oklo

(Get Free Report)

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.

See Also

Should You Invest $1,000 in Oklo Right Now?

Before you consider Oklo, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oklo wasn't on the list.

While Oklo currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

These Are the 3 Stocks Most Likely to SPLIT in 2025

These Are the 3 Stocks Most Likely to SPLIT in 2025

MarketBeat analyst Thomas Hughes breaks down why companies split their stock and reveals his top three picks most likely to split next year.

Related Videos

7 Inflation-Proof Stocks to Protect Your Portfolio
7 Large-Cap Stocks Headed for Strong, Steady Gains in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads