Oklo (OKLO) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $24.29 to $26.45
• 50-Day Range: $6.21 to $26.56
• 52-Week Range: $5.35 to $28.12
• Volume: 15.31 million shs
• Average Volume: 5.60 million shs
• Market Capitalization: $3.08 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $10.00
• Consensus Rating: Hold

Oklo Stock Analysis - MarketRank™

Oklo scored higher than 22% of companies evaluated by MarketBeat, and ranked 237th out of 266 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Oklo has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Oklo has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Oklo are expected to grow in the coming year, from ($0.54) to ($0.31) per share.

Price to Book Value per Share Ratio

Oklo has a P/B Ratio of 11.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

21.80% of the float of Oklo has been sold short.

Short Interest Ratio / Days to Cover

Oklo has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Oklo has recently increased by 40.45%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Oklo does not currently pay a dividend.

Dividend Growth

Oklo does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

21.80% of the float of Oklo has been sold short.

Short Interest Ratio / Days to Cover

Oklo has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Oklo has recently increased by 40.45%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.21

News Sentiment

Oklo has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.75 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for Oklo this week, compared to 6 articles on an average week.

Search Interest

153 people have searched for OKLO on MarketBeat in the last 30 days. This is an increase of 58% compared to the previous 30 days.

MarketBeat Follows

132 people have added Oklo to their MarketBeat watchlist in the last 30 days. This is an increase of 26% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Oklo insiders have not sold or bought any company stock.

Percentage Held by Insiders

21.80% of the stock of Oklo is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

85.03% of the stock of Oklo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OKLO Stock Analysis - Frequently Asked Questions

How have OKLO shares performed this year?

Oklo's stock was trading at $11.12 at the start of the year. Since then, OKLO shares have increased by 126.6% and is now trading at $25.1950.
View the best growth stocks for 2024 here.

Who are Oklo's major shareholders?

Top institutional investors of Oklo include HITE Hedge Asset Management LLC (2.00%), Portland Investment Counsel Inc. (0.66%), Readystate Asset Management LP (0.63%) and Geode Capital Management LLC (0.60%).

How do I buy shares of Oklo?

Shares of OKLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Oklo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Oklo investors own include NVIDIA (NVDA), Meta Platforms (META), Palantir Technologies (PLTR), Taiwan Semiconductor Manufacturing (TSM), NuScale Power (SMR), Exxon Mobil (XOM) and Advanced Micro Devices (AMD).

Company Calendar

• Today: 11/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Electric services
• Sub-Industry: Utilities
• Current Symbol: NYSE:OKLO
• Previous Symbol: NYSE:OKLO
• CUSIP: N/A
• CIK: 1849056
• Web: altcacquisitioncorp.com
• Phone: 212-380-7500
• Fax: N/A
• Employees: 78
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.00
• High Stock Price Target: $10.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: -60.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $11.87 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -32.11%
• Return on Assets: -13.72%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 48.45
• Quick Ratio: 48.45

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: $0.45 per share
• Price / Cash Flow: 56.21
• Book Value: $2.16 per share
• Price / Book: 11.66

Miscellaneous

• Outstanding Shares: 122,100,000
• Free Float: 95,479,000
• Market Cap: $3.08 billion
• Optionable: Optionable
• Beta: -0.59