Oklo Inc. (NYSE:OKLO - Free Report) - Investment analysts at Wedbush issued their Q4 2024 earnings estimates for Oklo in a research report issued to clients and investors on Thursday, December 19th. Wedbush analyst D. Ives expects that the company will earn ($0.08) per share for the quarter. Wedbush currently has a "Outperform" rating and a $26.00 price objective on the stock. The consensus estimate for Oklo's current full-year earnings is ($0.59) per share. Wedbush also issued estimates for Oklo's Q1 2025 earnings at ($0.09) EPS, Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.08) EPS, Q4 2025 earnings at ($0.08) EPS, FY2025 earnings at ($0.34) EPS, Q1 2026 earnings at ($0.08) EPS, Q2 2026 earnings at ($0.08) EPS, Q3 2026 earnings at ($0.07) EPS and FY2026 earnings at ($0.30) EPS.
A number of other brokerages have also recently issued reports on OKLO. Seaport Res Ptn upgraded shares of Oklo to a "hold" rating in a report on Friday, September 6th. B. Riley began coverage on Oklo in a research report on Thursday, September 19th. They issued a "buy" rating and a $10.00 price objective for the company. Finally, Citigroup dropped their target price on shares of Oklo from $11.00 to $10.00 and set a "neutral" rating on the stock in a research report on Tuesday, September 24th.
Check Out Our Latest Analysis on Oklo
Oklo Stock Down 1.3 %
OKLO stock traded down $0.27 on Monday, hitting $21.25. 10,362,985 shares of the company's stock traded hands, compared to its average volume of 6,216,455. Oklo has a 1-year low of $5.35 and a 1-year high of $28.12. The stock has a fifty day moving average of $20.73 and a 200-day moving average of $12.52.
Hedge Funds Weigh In On Oklo
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Barclays PLC acquired a new position in shares of Oklo in the third quarter valued at about $58,000. Y Intercept Hong Kong Ltd bought a new position in shares of Oklo during the third quarter worth approximately $94,000. Peapack Gladstone Financial Corp bought a new stake in shares of Oklo in the third quarter valued at approximately $100,000. Sanctuary Advisors LLC bought a new stake in shares of Oklo in the third quarter valued at approximately $100,000. Finally, MML Investors Services LLC acquired a new position in Oklo in the 3rd quarter valued at $104,000. 85.03% of the stock is owned by institutional investors.
About Oklo
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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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