Oklo (NYSE:OKLO) Rating Increased to Strong-Buy at Seaport Res Ptn

Seaport Res Ptn upgraded shares of Oklo (NYSE:OKLO) from a hold rating to a strong-buy rating in a research report released on Monday morning,Zacks.com reports. Seaport Res Ptn also issued estimates for Oklo’s Q2 2025 earnings at ($0.11) EPS, Q3 2025 earnings at ($0.11) EPS, Q4 2025 earnings at ($0.12) EPS, FY2025 earnings at ($0.45) EPS, Q1 2026 earnings at $0.12 EPS, Q2 2026 earnings at ($0.13) EPS, Q3 2026 earnings at ($0.13) EPS, Q4 2026 earnings at ($0.13) EPS, Q1 2027 earnings at ($0.14) EPS, FY2027 earnings at ($0.59) EPS, FY2028 earnings at ($0.63) EPS and FY2029 earnings at ($0.42) EPS.

Other analysts have also recently issued research reports about the stock. William Blair started coverage on shares of Oklo in a research note on Wednesday, May 28th. They set an “outperform” rating on the stock. Wedbush boosted their target price on shares of Oklo from $45.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, May 23rd. CLSA raised shares of Oklo from an “outperform” rating to a “moderate buy” rating and boosted their target price for the stock from $50.00 to $74.00 in a research note on Tuesday, May 27th. Citigroup reaffirmed a “neutral” rating on shares of Oklo in a research note on Wednesday, May 14th. Finally, HC Wainwright started coverage on shares of Oklo in a research note on Wednesday, April 23rd. They set a “buy” rating and a $55.00 target price on the stock. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Oklo has a consensus rating of “Moderate Buy” and an average price target of $52.67.

Oklo Stock Performance

NYSE OKLO opened at $68.26 on Monday. The firm’s fifty day moving average price is $34.10 and its two-hundred day moving average price is $31.16. The stock has a market cap of $9.50 billion, a PE ratio of -12.62 and a beta of 0.58. Oklo has a fifty-two week low of $5.35 and a fifty-two week high of $68.91.

Oklo (NYSE:OKLO) last posted its earnings results on Tuesday, May 13th. The company reported ($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.04. As a group, sell-side analysts predict that Oklo will post -8.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Jacob Dewitte sold 35,365 shares of the business’s stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $25.15, for a total value of $889,429.75. Following the transaction, the chief executive officer now owns 11,033,561 shares in the company, valued at $277,494,059.15. The trade was a 0.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John M. Jansen bought 6,000 shares of the company’s stock in a transaction that occurred on Thursday, March 27th. The stock was purchased at an average price of $24.57 per share, for a total transaction of $147,420.00. Following the acquisition, the director now owns 6,000 shares of the company’s stock, valued at $147,420. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 21.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Oklo

Several hedge funds and other institutional investors have recently bought and sold shares of OKLO. TD Waterhouse Canada Inc. acquired a new position in Oklo in the fourth quarter valued at $27,000. Sandy Spring Bank acquired a new position in Oklo in the fourth quarter valued at $32,000. CoreCap Advisors LLC acquired a new position in Oklo in the fourth quarter valued at $32,000. Covestor Ltd acquired a new position in Oklo in the fourth quarter valued at $34,000. Finally, KBC Group NV acquired a new position in Oklo in the first quarter valued at $36,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

Oklo Company Profile

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.