Oklo (NYSE:OKLO) Stock Gets Price Target Trim from Truist Financial

Oklo (NYSE:OKLO) had its price objective trimmed by Truist Financial from $51.00 to $31.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has a hold rating on the stock.

Other equities research analysts have also issued reports about the stock. Citigroup reduced their target price on shares of Oklo from $57.50 to $33.00 and set a “neutral” rating on the stock in a report on Wednesday. Piper Sandler decreased their price target on shares of Oklo from $55.00 to $49.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Guggenheim started coverage on shares of Oklo in a research note on Thursday, June 25th. They set a “neutral” rating for the company. HC Wainwright reaffirmed a “buy” rating and set a $90.00 price target on shares of Oklo in a research note on Monday, August 10th. Finally, Barclays cut their price target on shares of Oklo from $76.00 to $59.00 and set an “overweight” rating on the stock in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $78.47.

Oklo Trading Down 2.4%

Shares of OKLO stock opened at $26.36 on Thursday. The business’s 50-day moving average price is $37.11 and its 200-day moving average price is $49.66. Oklo has a 12 month low of $26.07 and a 12 month high of $152.06. The firm has a market capitalization of $4.90 billion, a price-to-earnings ratio of -28.04 and a beta of 1.20.

Oklo (NYSE:OKLO) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The firm had revenue of $1.21 million during the quarter, compared to the consensus estimate of $0.09 million. During the same quarter in the prior year, the business posted ($0.18) EPS. The company’s revenue was up 11900.0% on a year-over-year basis. On average, sell-side analysts predict that Oklo will post -1.00 earnings per share for the current fiscal year.

Insider Transactions at Oklo

In other news, General Counsel Vivek Narayanadas sold 1,021 shares of the firm’s stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $26.50, for a total transaction of $27,056.50. Following the completion of the transaction, the general counsel directly owned 10,669 shares in the company, valued at $282,728.50. This trade represents a 8.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William Carroll Murphy Goodwin sold 1,775 shares of the firm’s stock in a transaction dated Monday, September 28th. The stock was sold at an average price of $37.39, for a total value of $66,367.25. Following the transaction, the insider owned 46,787 shares of the company’s stock, valued at $1,749,365.93. This trade represents a 3.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 291,374 shares of company stock worth $10,955,825. 12.70% of the stock is currently owned by insiders.

Institutional Trading of Oklo

Institutional investors have recently added to or reduced their stakes in the stock. Costello Asset Management INC raised its holdings in Oklo by 66.7% during the 1st quarter. Costello Asset Management INC now owns 500 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. SHP Wealth Management bought a new stake in shares of Oklo in the 4th quarter valued at $32,000. Ascentis Independent Advisors bought a new stake in shares of Oklo in the 1st quarter valued at $33,000. OLD Second National Bank of Aurora boosted its stake in shares of Oklo by 142.1% in the 3rd quarter. OLD Second National Bank of Aurora now owns 1,029 shares of the company’s stock valued at $38,000 after purchasing an additional 604 shares during the last quarter. Finally, TD Waterhouse Canada Inc. increased its position in shares of Oklo by 200.5% during the third quarter. TD Waterhouse Canada Inc. now owns 1,124 shares of the company’s stock worth $41,000 after buying an additional 750 shares during the period. 85.03% of the stock is currently owned by institutional investors.

Key Stories Impacting Oklo

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: ARK Investment Management purchased approximately $3.42 million of Oklo and other nuclear stocks across its exchange-traded funds. The buying may provide some institutional support and reflects continued interest in the advanced-nuclear theme. ARK Invest adds nuclear stocks
• Positive Sentiment: Oklo is advancing its Groves 2 Forge isotope-production project through the U.S. Department of Energy’s Nuclear Energy Launch Pad initiative. The project could expand the company into medical-isotope production and strengthen its federal partnerships, although it is not expected to provide significant near-term revenue. Oklo Groves 2 Forge DOE role
• Neutral Sentiment: Oklo will release third-quarter 2026 results before the market opens on November 6, followed by a business-update conference call. The report could provide important updates on licensing, customer agreements, project financing and cash needs. Oklo third-quarter results date
• Neutral Sentiment: General Counsel Vivek Narayanadas sold 1,021 shares for approximately $27,057 under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by 8.73%, but the scheduled nature and relatively small size lessen its significance as a discretionary insider-confidence signal. Oklo insider stock sale
• Negative Sentiment: Truist lowered its price target from $51 to $31 and maintained a Hold rating. It was the fourth recent brokerage to reduce its target, following similar cuts from Piper Sandler, Barclays and Citigroup, signaling weaker confidence in Oklo’s valuation and near-term execution. Truist cuts Oklo price target
• Negative Sentiment: Oklo remains unprofitable, and its latest quarterly loss exceeded analyst expectations despite sharply higher revenue. Investors continue to focus on the long timeline for reactor commercialization, regulatory milestones and funding requirements.

About Oklo

Oklo Inc is an advanced nuclear technology company developing compact fission power plants designed to provide reliable, carbon-free electricity. Its flagship product, the Aurora powerhouse, is a small modular reactor intended to operate with a high degree of fuel efficiency and to supply power directly to customers such as utilities, industrial facilities, data centers and other energy-intensive operations.

The company is also developing fuel-recycling capabilities intended to convert used nuclear fuel and other material into fuel for advanced reactors.