Oklo (NYSE:OKLO) Shares Down 8.8% – Time to Sell?

Oklo Inc. (NYSE:OKLO)’s share price was down 8.8% during mid-day trading on Thursday . The stock traded as low as $40.98 and last traded at $41.6580. Approximately 11,297,261 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 11,802,772 shares. The stock had previously closed at $45.69.

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

• Neutral Sentiment: Truist compared Oklo with Centrus Energy in a broader look at nuclear stocks, underscoring continued investor interest in the advanced nuclear theme, but not providing a clearly bullish catalyst for Oklo specifically. Oklo or Centrus Energy: Truist Picks the Top Nuclear Stock to Buy
• Neutral Sentiment: Oklo’s plan to recycle used nuclear fuel and develop a clean energy campus in Ohio supports the company’s long-term strategy, but these projects are still developmental and likely won’t affect near-term results. Oklo (OKLO) Plans Used Fuel Recycling And Ohio Clean Energy Campus
• Neutral Sentiment: Coverage highlighting the U.S. stockpile of used nuclear fuel reinforces Oklo’s long-term opportunity to turn spent fuel into a power source for its Aurora reactors, but this is more of a strategic narrative than an immediate stock-moving event. The U.S. Has Accumulated 100,000 Metric Tons of Used Nuclear Fuel. Oklo Sees It as a Massive Potential Energy Resource.
• Negative Sentiment: Oklo shares are extending a steep decline, with recent articles pointing to a month-long selloff and growing caution around the stock’s elevated valuation and volatility. Oklo Just Dropped 28% in a Month. Is It Time to Abandon Nuclear Stocks Like OKLO, NuScale, and Uranium Energy Corp.?
• Negative Sentiment: Another analysis says Oklo may be overvalued on book value, suggesting the market may have priced in too much optimism after a big multi-year run, which can weigh on investor sentiment. Oklo (OKLO) Stock May Be Overvalued On Book Value But Strong On Returns
• Negative Sentiment: Recent commentary says investors should expect continued volatility in Oklo stock, reinforcing uncertainty around execution and timing for commercialization. Oklo Stock Is Down 41% in 2026: Here’s What Investors Need to Understand Now

Analysts Set New Price Targets

A number of equities analysts have recently commented on OKLO shares. Weiss Ratings raised shares of Oklo from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, May 13th. Tigress Financial assumed coverage on Oklo in a report on Monday, April 27th. They issued a “buy” rating and a $130.00 price target for the company. B. Riley Financial dropped their price objective on Oklo from $129.00 to $92.00 and set a “buy” rating on the stock in a research note on Wednesday, March 18th. Royal Bank Of Canada set a $80.00 price objective on Oklo in a report on Friday, May 22nd. Finally, JPMorgan Chase & Co. assumed coverage on Oklo in a research report on Monday, May 11th. They set a “neutral” rating and a $83.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $84.00.

Oklo Trading Down 8.8%

The firm has a market cap of $7.25 billion, a PE ratio of -49.59 and a beta of 1.14. The business’s 50-day simple moving average is $59.43 and its 200 day simple moving average is $65.91.

Oklo (NYSE:OKLO) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($0.19) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.01. During the same quarter in the prior year, the business posted ($0.07) earnings per share. Analysts expect that Oklo Inc. will post -0.73 earnings per share for the current year.

Insider Activity at Oklo

In related news, insider William Carroll Murphy Goodwin sold 10,548 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $58.04, for a total value of $612,205.92. Following the completion of the transaction, the insider owned 36,175 shares of the company’s stock, valued at $2,099,597. The trade was a 22.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Richard Craig Bealmear sold 73,081 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $68.42, for a total value of $5,000,202.02. Following the sale, the chief financial officer owned 397,642 shares of the company’s stock, valued at approximately $27,206,665.64. This represents a 15.53% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 683,629 shares of company stock valued at $43,902,208 over the last ninety days. 18.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Oklo

Hedge funds have recently made changes to their positions in the stock. NBC Securities Inc. boosted its position in Oklo by 75.0% during the fourth quarter. NBC Securities Inc. now owns 350 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. Costello Asset Management INC grew its stake in Oklo by 66.7% in the first quarter. Costello Asset Management INC now owns 500 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. GAMMA Investing LLC raised its holdings in Oklo by 356.2% in the fourth quarter. GAMMA Investing LLC now owns 365 shares of the company’s stock worth $26,000 after purchasing an additional 285 shares in the last quarter. Gilpin Wealth Management LLC bought a new position in Oklo in the fourth quarter worth about $29,000. Finally, SHP Wealth Management purchased a new stake in shares of Oklo during the fourth quarter valued at about $32,000. 85.03% of the stock is currently owned by hedge funds and other institutional investors.

About Oklo

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.