Wedbush reissued their outperform rating on shares of Oklo (NYSE:OKLO - Free Report) in a research report sent to investors on Tuesday,Benzinga reports. They currently have a $45.00 price objective on the stock. Wedbush also issued estimates for Oklo's Q1 2025 earnings at ($0.11) EPS, Q2 2025 earnings at ($0.10) EPS, Q3 2025 earnings at ($0.11) EPS, Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.40) EPS, Q3 2026 earnings at ($0.08) EPS, Q4 2026 earnings at ($0.08) EPS and FY2026 earnings at ($0.32) EPS.
OKLO has been the topic of several other reports. Craig Hallum started coverage on shares of Oklo in a report on Tuesday, January 28th. They issued a "buy" rating and a $44.00 price objective on the stock. Citigroup boosted their price objective on Oklo from $10.00 to $31.00 and gave the company a "neutral" rating in a report on Wednesday, January 8th. Finally, B. Riley upped their price objective on shares of Oklo from $27.00 to $58.00 and gave the stock a "buy" rating in a research report on Thursday, February 6th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $44.25.
Get Our Latest Analysis on Oklo
Oklo Stock Performance
Oklo stock traded down $1.34 during midday trading on Tuesday, hitting $22.48. 4,717,143 shares of the company's stock were exchanged, compared to its average volume of 17,705,980. The firm has a 50-day moving average of $36.17 and a two-hundred day moving average of $24.37. The company has a market cap of $2.74 billion, a PE ratio of -2.22 and a beta of -0.28. Oklo has a 12 month low of $5.35 and a 12 month high of $59.14.
Oklo (NYSE:OKLO - Get Free Report) last announced its quarterly earnings data on Monday, March 24th. The company reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.01). As a group, equities analysts expect that Oklo will post -8.2 earnings per share for the current year.
Institutional Investors Weigh In On Oklo
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. DRW Securities LLC purchased a new stake in shares of Oklo in the 3rd quarter valued at approximately $404,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Oklo during the 3rd quarter worth $135,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Oklo during the 3rd quarter worth approximately $104,000. Portland Investment Counsel Inc. acquired a new stake in Oklo during the third quarter worth approximately $6,493,000. Finally, Atom Investors LP acquired a new position in Oklo in the third quarter valued at $657,000. Institutional investors and hedge funds own 85.03% of the company's stock.
Oklo Company Profile
(
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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.
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