HC Wainwright Has Bullish Estimate for Oklo FY2026 Earnings

Oklo Inc. (NYSE:OKLO) – HC Wainwright boosted their FY2026 earnings per share (EPS) estimates for Oklo in a research report issued to clients and investors on Monday, November 9th. HC Wainwright analyst S. Joshi now expects that the company will post earnings per share of ($0.99) for the year, up from their previous forecast of ($1.10). HC Wainwright has a “Buy” rating and a $90.00 price target on the stock. The consensus estimate for Oklo’s current full-year earnings is ($1.00) per share. HC Wainwright also issued estimates for Oklo’s Q4 2026 earnings at ($0.30) EPS, FY2027 earnings at ($1.36) EPS, FY2028 earnings at ($1.49) EPS and FY2029 earnings at ($0.82) EPS.

OKLO has been the subject of a number of other research reports. Piper Sandler cut their price objective on shares of Oklo from $55.00 to $49.00 and set an “overweight” rating for the company in a report on Monday, October 19th. TD Cowen began coverage on Oklo in a research report on Monday, October 26th. They set a “hold” rating and a $26.00 price target on the stock. Citigroup cut their target price on shares of Oklo from $57.50 to $33.00 and set a “neutral” rating for the company in a research note on Wednesday, October 21st. Barclays reduced their price objective on Oklo from $76.00 to $59.00 and set an “overweight” rating for the company in a research note on Tuesday, October 20th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Oklo in a research note on Wednesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.83.

Oklo Trading Down 6.3%

Oklo stock opened at $25.14 on Wednesday. The firm has a market cap of $4.91 billion, a PE ratio of -26.19 and a beta of 1.31. The stock’s 50 day simple moving average is $32.99 and its two-hundred day simple moving average is $51.71. Oklo has a 12 month low of $18.53 and a 12 month high of $116.98.

Oklo (NYSE:OKLO) last announced its quarterly earnings results on Friday, November 6th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.05. The company had revenue of $1.86 million during the quarter, compared to analyst estimates of $1.03 million. During the same period in the previous year, the firm posted ($0.20) earnings per share.

Institutional Investors Weigh In On Oklo

Hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new stake in Oklo during the second quarter worth about $24,532,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Oklo in the 3rd quarter valued at about $11,483,000. United Capital Management of KS Inc. purchased a new stake in shares of Oklo in the 3rd quarter valued at approximately $9,406,000. Bank of America Corp DE grew its stake in shares of Oklo by 55.3% in the 1st quarter. Bank of America Corp DE now owns 620,281 shares of the company’s stock valued at $30,760,000 after buying an additional 220,976 shares during the period. Finally, Russell Investments Group Ltd. grew its stake in shares of Oklo by 48.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 371,761 shares of the company’s stock valued at $13,763,000 after buying an additional 121,438 shares during the period. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Insider Activity

In other Oklo news, General Counsel Vivek Narayanadas sold 3,264 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $39.77, for a total value of $129,809.28. Following the completion of the sale, the general counsel directly owned 7,822 shares in the company, valued at $311,080.94. This represents a 29.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jacob DeWitte sold 80,000 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $38.69, for a total value of $3,095,200.00. Following the completion of the sale, the chief executive officer directly owned 398,039 shares of the company’s stock, valued at $15,400,128.91. This trade represents a 16.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 350,203 shares of company stock valued at $12,424,945 in the last 90 days. 12.70% of the stock is owned by insiders.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo signed a long-term agreement with U.S. Forged Rings to reserve domestic capacity for major Aurora reactor components, with deliveries expected from 2030 and capacity planned through 2035. The deal covers components for as many as 27 reactors and may reduce future supply-chain risk. Oklo Stock and Its Manufacturing Deal Have The Bull Case Changed?
• Positive Sentiment: Third-quarter results beat analyst expectations: Oklo reported $1.86 million in sales and a loss of $0.22 per share, narrower than the anticipated $0.27 loss. The company also reported $3.1 billion in liquidity to fund its development plans. Oklo Soars 14% in a Week on a Narrower Loss and a Deal for 27 Reactors’ Worth of Forgings
• Neutral Sentiment: Oklo is also pursuing fuel fabrication, isotope production and potential fuel sales to third parties, broadening its longer-term revenue ambitions. These plans remain subject to execution, licensing and deployment risks. Oklo Eyes Third-Party Fuel Sales As A Separate Revenue Engine Beyond Reactor Deployment
• Negative Sentiment: Despite the quarterly beat, Oklo remains deeply unprofitable, with a reported net loss of $41.75 million and only modest sales. Its reactor projects are years from expected component deliveries, leaving investors exposed to execution and financing risks in the meantime.
• Negative Sentiment: Analyst estimate revisions may add pressure: HC Wainwright lowered its 2030 earnings-per-share forecast to $1.33 from $1.46, while Canaccord cut its price target to $66 from $100, though it maintained a Buy rating. Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?

Oklo Company Profile

Oklo Inc. develops advanced nuclear fission power plants designed to provide reliable, carbon-free electricity. Its Aurora powerhouse concept uses fast-reactor technology and is designed to operate with metallic fuel, including fuel derived from recycled nuclear material. Oklo is developing its technology and has not yet established a commercial operating fleet. The company plans to supply electricity through long-term power agreements rather than relying solely on equipment sales. Its prospective customers include data centers, industrial facilities, and other users seeking dependable power, with its development efforts focused primarily on the United States.