Oklo (OKLO) to Release Quarterly Earnings on Monday

Oklo (NYSE:OKLO) is expected to be announcing its earnings results after the market closes on Monday, March 24th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Oklo Stock Performance

NYSE OKLO opened at $27.23 on Friday. Oklo has a one year low of $5.35 and a one year high of $59.14. The firm’s fifty day moving average is $35.85 and its two-hundred day moving average is $23.77.

Insider Buying and Selling at Oklo

In related news, Director Richard Kinzley bought 5,000 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was bought at an average cost of $19.95 per share, with a total value of $99,750.00. Following the completion of the acquisition, the director now owns 5,000 shares in the company, valued at approximately $99,750. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 21.80% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on OKLO shares. Craig Hallum initiated coverage on shares of Oklo in a research note on Tuesday, January 28th. They issued a “buy” rating and a $44.00 price objective on the stock. Citigroup boosted their price target on shares of Oklo from $10.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 8th. B. Riley boosted their price target on shares of Oklo from $27.00 to $58.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. Finally, Wedbush boosted their price target on shares of Oklo from $26.00 to $45.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $44.50.

About Oklo

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.