Oklo’s (OKLO) Overweight Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald restated their overweight rating on shares of Oklo (NYSE:OKLO) in a research report sent to investors on Wednesday,Benzinga reports. Cantor Fitzgerald currently has a $122.00 target price on the stock.

A number of other analysts have also recently weighed in on the stock. Citigroup reduced their target price on shares of Oklo from $95.00 to $73.50 and set a “neutral” rating for the company in a report on Wednesday, March 18th. Barclays reduced their target price on shares of Oklo from $146.00 to $82.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Craig Hallum restated a “hold” rating on shares of Oklo in a report on Wednesday, March 18th. Needham & Company LLC decreased their price objective on shares of Oklo from $135.00 to $73.00 and set a “buy” rating for the company in a research note on Wednesday, March 18th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Oklo in a research note on Wednesday, March 18th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $85.33.

Oklo Stock Performance

Shares of NYSE:OKLO opened at $62.26 on Wednesday. The stock has a market capitalization of $10.83 billion, a price-to-earnings ratio of -74.12 and a beta of 1.16. Oklo has a 1-year low of $34.88 and a 1-year high of $193.84. The company has a 50 day moving average price of $60.92 and a 200 day moving average price of $79.08.

Oklo (NYSE:OKLO) last issued its earnings results on Tuesday, May 12th. The company reported ($0.19) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.01. During the same quarter in the prior year, the firm earned ($0.07) EPS. On average, sell-side analysts expect that Oklo will post -0.77 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Jacob Dewitte sold 140,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $50.39, for a total value of $7,054,600.00. Following the completion of the transaction, the chief executive officer owned 656,483 shares of the company’s stock, valued at approximately $33,080,178.37. This trade represents a 17.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Richard Craig Bealmear sold 72,090 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $60.00, for a total transaction of $4,325,400.00. Following the completion of the transaction, the chief financial officer directly owned 386,008 shares of the company’s stock, valued at $23,160,480. This represents a 15.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 809,040 shares of company stock valued at $49,162,094 in the last ninety days. Company insiders own 18.90% of the company’s stock.

Institutional Investors Weigh In On Oklo

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OKLO. Royal Bank of Canada lifted its position in Oklo by 162.6% in the 1st quarter. Royal Bank of Canada now owns 92,850 shares of the company’s stock worth $2,009,000 after buying an additional 57,497 shares in the last quarter. AQR Capital Management LLC purchased a new stake in Oklo in the 1st quarter worth approximately $519,000. Millennium Management LLC lifted its position in Oklo by 4,974.1% in the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock worth $12,589,000 after buying an additional 570,532 shares in the last quarter. NewEdge Advisors LLC lifted its position in Oklo by 165.6% in the 1st quarter. NewEdge Advisors LLC now owns 15,672 shares of the company’s stock worth $339,000 after buying an additional 9,772 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Oklo by 90.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 112,772 shares of the company’s stock worth $2,439,000 after buying an additional 53,703 shares in the last quarter. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: HC Wainwright raised its earnings estimates for Oklo across multiple periods and reiterated a Buy rating with a $90 price target, signaling improved expectations for the company’s loss trajectory and future operating outlook. Source article
• Positive Sentiment: Analysts and market commentary continue to point to Oklo’s regulatory progress, including NRC approval of its Principal Design Criteria topical report, which helps de-risk its Aurora powerhouse program and supports the bullish long-term SMR thesis. Source article
• Positive Sentiment: Several recent articles emphasized Oklo’s AI and nuclear commercialization potential, including its partnership with Idaho National Laboratory to use AI tools to accelerate reactor and fuel-system design, reinforcing the growth narrative. Source article
• Neutral Sentiment: Media coverage highlighting Oklo as a “must-watch” nuclear stock and broader bullish themes around decentralized power and data-center energy demand added attention, but did not materially change the company’s near-term fundamentals. Source article
• Negative Sentiment: Investors remain focused on ongoing losses and cash burn after Oklo’s wider-than-expected quarterly loss, and a new $1 billion at-the-market equity offering raised dilution concerns, which weighed on sentiment. Source article

About Oklo

Oklo, Inc is a California-based energy technology company specializing in the design and development of advanced nuclear microreactors. Headquartered in Fremont, the firm focuses on small modular reactor (SMR) technology that leverages fast-neutron fission and liquid-metal cooling to deliver carbon-free power. Oklo’s core objective is to bring compact, factory-built reactors online within a decade, offering a low-footprint alternative to traditional large nuclear plants.

The company’s flagship product, the Aurora microreactor, is a 1.5-megawatt electric (MWe) fast reactor cooled by a sodium alloy.