Oklo (OKLO) Expected to Announce Quarterly Earnings on Tuesday

Oklo (NYSE:OKLO) is expected to be releasing its Q1 2025 earnings data after the market closes on Tuesday, May 13th. Analysts expect Oklo to post earnings of ($0.10) per share for the quarter.

Oklo (NYSE:OKLO) last posted its quarterly earnings data on Monday, March 24th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01). On average, analysts expect Oklo to post $-8 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Oklo Price Performance

Shares of NYSE OKLO opened at $28.09 on Friday. The stock has a market capitalization of $3.91 billion, a PE ratio of -2.77 and a beta of -0.02. Oklo has a fifty-two week low of $5.35 and a fifty-two week high of $59.14. The business has a fifty day moving average price of $24.61 and a two-hundred day moving average price of $27.41.

Insiders Place Their Bets

In other news, Director John M. Jansen purchased 6,000 shares of the business’s stock in a transaction dated Thursday, March 27th. The shares were purchased at an average cost of $24.57 per share, with a total value of $147,420.00. Following the completion of the purchase, the director now owns 6,000 shares of the company’s stock, valued at $147,420. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Jacob Dewitte sold 41,000 shares of the company’s stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $21.80, for a total value of $893,800.00. Following the completion of the transaction, the chief executive officer now directly owns 10,852,926 shares of the company’s stock, valued at $236,593,786.80. This represents a 0.38 % decrease in their position. The disclosure for this sale can be found here. Insiders own 21.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on OKLO shares. Citigroup reduced their price objective on shares of Oklo from $31.00 to $30.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 25th. Craig Hallum started 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. HC Wainwright started coverage on Oklo in a research note on Wednesday, April 23rd. They set a “buy” rating and a $55.00 target price for the company. B. Riley lifted their price target on Oklo from $27.00 to $58.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. Finally, BTIG Research started coverage on Oklo in a research report on Friday, April 11th. They set a “neutral” rating for the company. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $46.40.

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.