B. Riley Has Optimistic Outlook of Oklo FY2026 Earnings

Oklo Inc. (NYSE:OKLO) – Equities researchers at B. Riley upped their FY2026 EPS estimates for Oklo in a research note issued to investors on Thursday, February 6th. B. Riley analyst R. Pfingst now forecasts that the company will earn ($0.47) per share for the year, up from their prior estimate of ($0.48). B. Riley currently has a “Buy” rating and a $58.00 target price on the stock. The consensus estimate for Oklo’s current full-year earnings is ($8.20) per share. B. Riley also issued estimates for Oklo’s FY2027 earnings at ($0.49) EPS.

A number of other research firms also recently weighed in on OKLO. Wedbush raised their price target on shares of Oklo from $26.00 to $45.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Citigroup increased their price objective on Oklo from $10.00 to $31.00 and gave the company a “neutral” rating in a research report on Wednesday, January 8th. Finally, Craig Hallum assumed coverage on shares of Oklo in a research report on Tuesday, January 28th. They set a “buy” rating and a $44.00 target price on the stock. Two research 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 an average rating of “Moderate Buy” and a consensus price target of $44.50.

Oklo Stock Down 6.8 %

OKLO opened at $50.06 on Monday. The business has a 50-day moving average of $28.41 and a 200-day moving average of $18.36. Oklo has a fifty-two week low of $5.35 and a fifty-two week high of $59.14.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Portland Investment Counsel Inc. bought a new stake in shares of Oklo during the third quarter worth $6,493,000. HITE Hedge Asset Management LLC bought a new position in shares of Oklo in the third quarter worth about $19,753,000. Atomi Financial Group Inc. acquired a new position in shares of Oklo during the fourth quarter worth approximately $19,285,000. Archford Capital Strategies LLC bought a new stake in shares of Oklo during the fourth quarter valued at approximately $212,000. Finally, Barclays PLC acquired a new stake in shares of Oklo in the 3rd quarter valued at $58,000. 85.03% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Jacob Dewitte sold 230,569 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $21.61, for a total transaction of $4,982,596.09. Following the completion of the transaction, the chief executive officer now owns 12,543,085 shares in the company, valued at $271,056,066.85. This trade represents a 1.81 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard Kinzley purchased 5,000 shares of the stock in a transaction on Monday, December 23rd. The stock was bought at an average price of $19.95 per share, for a total transaction of $99,750.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $99,750. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 21.80% 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.