Oklo (NYSE:OKLO) Shares Down 3.7% – Here’s What Happened

Oklo Inc. (NYSE:OKLO)’s stock price traded down 3.7% during trading on Friday . The stock traded as low as $86.17 and last traded at $87.5430. 9,299,300 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 14,986,571 shares. The stock had previously closed at $90.93.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Bank of America upgraded Oklo to a Buy, citing the Meta agreement as a meaningful step forward and prompting renewed analyst attention. Stock Rating Upgraded by Bank of America
• Positive Sentiment: Meta’s deal to advance the Pike County 1.2 GW campus adds a prepay funding mechanism and validates Oklo’s Aurora technology — a credibility boost that underpins recent upgrades. (Long timelines noted.) Oklo: Meta Just Turned A Maybe Into A When
• Positive Sentiment: Positive macro/policy tone for nuclear energy after President Trump praised nuclear at Davos, a tailwind for investor sentiment in the sector that can lift Oklo’s outlook. Trump’s Nuclear Nod: 3 Discounted Stocks Primed for a 2026 Breakout
• Neutral Sentiment: Market reaction included a gap up after the analyst upgrade and an industry consensus moving to a “Moderate Buy,” but that reflects sentiment rather than new revenue or contracts. Shares Gap Up After Analyst Upgrade
• Neutral Sentiment: Commentary and videos note Oklo’s strong year‑over‑year move (+125% Y/Y cited) despite zero current revenue — useful context for momentum traders but not a fundamental shift. Gilland: OKLO’s Stepping Stone with META Needs More AI Support
• Negative Sentiment: Fundamentals still weigh on the stock: no revenue, a recent EPS miss, and very long project timelines (Phase 1 “as early as 2030”, full deployment not until the mid‑2030s) — these increase execution and cash‑flow risk and justify investor caution.

Analysts Set New Price Targets

Several analysts have issued reports on OKLO shares. Cantor Fitzgerald restated an “overweight” rating and issued a $122.00 target price on shares of Oklo in a report on Wednesday, November 12th. UBS Group reissued a “neutral” rating on shares of Oklo in a research report on Monday, January 12th. The Goldman Sachs Group reissued a “neutral” rating and issued a $106.00 price objective on shares of Oklo in a report on Friday, January 9th. Zacks Research raised shares of Oklo from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Finally, Bank of America upgraded shares of Oklo from a “neutral” rating to a “buy” rating and boosted their target price for the company from $111.00 to $127.00 in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $103.20.

Oklo Stock Performance

The stock has a market capitalization of $13.68 billion, a PE ratio of -162.12 and a beta of 0.76. The company’s fifty day simple moving average is $90.03 and its two-hundred day simple moving average is $95.75.

Oklo (NYSE:OKLO) last announced its quarterly earnings results on Wednesday, November 12th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.07). During the same quarter in the prior year, the firm earned ($0.08) EPS. Sell-side analysts forecast that Oklo Inc. will post -8.2 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Richard Craig Bealmear sold 5,159 shares of the business’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $76.97, for a total value of $397,088.23. Following the completion of the transaction, the chief financial officer owned 196,913 shares of the company’s stock, valued at approximately $15,156,393.61. The trade was a 2.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jacob Dewitte sold 26,740 shares of Oklo stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $111.38, for a total transaction of $2,978,301.20. Following the sale, the chief executive officer owned 808,197 shares of the company’s stock, valued at approximately $90,016,981.86. This trade represents a 3.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,552,800 shares of company stock worth $137,543,426. Corporate insiders own 18.90% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Armstrong Advisory Group Inc. acquired a new stake in Oklo during the third quarter worth about $27,000. Gables Capital Management Inc. acquired a new stake in shares of Oklo in the third quarter worth $28,000. Nemes Rush Group LLC purchased a new position in shares of Oklo in the 3rd quarter valued at $28,000. CI Investments Inc. lifted its holdings in shares of Oklo by 153.0% during the 3rd quarter. CI Investments Inc. now owns 296 shares of the company’s stock valued at $33,000 after acquiring an additional 179 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Oklo during the 3rd quarter valued at $33,000. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

Oklo Company Profile

Oklo, Inc is a California-based energy technology company specializing in the design and development of advanced nuclear microreactors. Headquartered in Fremont, the firm focuses on small modular reactor (SMR) technology that leverages fast-neutron fission and liquid-metal cooling to deliver carbon-free power. Oklo’s core objective is to bring compact, factory-built reactors online within a decade, offering a low-footprint alternative to traditional large nuclear plants.

The company’s flagship product, the Aurora microreactor, is a 1.5-megawatt electric (MWe) fast reactor cooled by a sodium alloy.