Oklo Inc. (NYSE:OKLO – Free Report) – Equities research analysts at Wedbush lowered their Q1 2025 EPS estimates for shares of Oklo in a report issued on Tuesday, March 25th. Wedbush analyst D. Ives now expects that the company will post earnings per share of ($0.11) for the quarter, down from their prior forecast of ($0.09). Wedbush currently has a “Outperform” rating and a $45.00 target price on the stock. The consensus estimate for Oklo’s current full-year earnings is ($8.20) per share. Wedbush also issued estimates for Oklo’s Q2 2025 earnings at ($0.10) EPS, Q3 2025 earnings at ($0.11) EPS, Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.40) EPS, Q3 2026 earnings at ($0.08) EPS, Q4 2026 earnings at ($0.08) EPS and FY2026 earnings at ($0.32) EPS.
OKLO has been the subject of a number of other reports. Citigroup lowered their price target on shares of Oklo from $31.00 to $30.00 and set a “neutral” rating for the company in a report on Tuesday. Craig Hallum began coverage on shares of Oklo in a research note on Tuesday, January 28th. They issued a “buy” rating and a $44.00 target price for the company. Finally, B. Riley increased their price target on Oklo from $27.00 to $58.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.25.
Oklo Trading Down 9.7 %
Oklo stock opened at $23.82 on Thursday. The stock has a market cap of $2.91 billion, a PE ratio of -2.35 and a beta of -0.28. The stock has a 50-day moving average price of $36.17 and a 200 day moving average price of $24.37. Oklo has a 52 week low of $5.35 and a 52 week high of $59.14.
Oklo (NYSE:OKLO – Get Free Report) last released its quarterly earnings results on Monday, March 24th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01).
Institutional Investors Weigh In On Oklo
Several hedge funds have recently modified their holdings of OKLO. TD Waterhouse Canada Inc. purchased a new position in Oklo during the fourth quarter worth approximately $27,000. Sandy Spring Bank acquired a new stake in shares of Oklo during the 4th quarter worth $32,000. CoreCap Advisors LLC purchased a new position in shares of Oklo in the 4th quarter worth $32,000. Covestor Ltd acquired a new position in Oklo in the fourth quarter valued at $34,000. Finally, Anfield Capital Management LLC purchased a new stake in Oklo during the fourth quarter valued at about $43,000. 85.03% of the stock is owned by institutional investors and hedge funds.
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.
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