Oklo (NYSE:OKLO) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Oklo (NYSE:OKLO) issued its quarterly earnings results on Tuesday. The company reported ($0.19) EPS for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.01, FiscalAI reports. During the same period last year, the business earned ($0.07) EPS.

Here are the key takeaways from Oklo’s conference call:

• Oklo emphasized that it is moving from planning to execution, with progress across its power, fuel, and isotope businesses, including Aurora-INL site work, Aurora Ohio development with Meta, and the Groves isotope reactor nearing criticality.
• The company highlighted meaningful regulatory momentum, including NRC approval of its Principal Design Criteria Topical Report and continued advancement of DOE authorization steps, while saying new NRC Part 57 rules could better fit Oklo’s fleet-style deployment model.
• Fuel strategy remains a key focus, with Oklo working on multiple pathways such as fresh HALEU, government surplus material, and recycling to support initial deployments and reduce dependence on a single supply route.
• Oklo is leaning into AI partnerships with Battelle/INL and NVIDIA/Los Alamos to accelerate reactor and fuel design, particularly for its plutonium-fueled Pluto program and related material validation work.
• The company ended Q1 with a strong $2.5 billion cash and marketable securities balance after its ATM program, and management said this leaves it well positioned to fund deployment plans in 2026 and beyond.

Oklo Trading Down 4.3%

NYSE:OKLO traded down $3.19 during mid-day trading on Wednesday, reaching $70.44. 6,791,614 shares of the stock were exchanged, compared to its average volume of 11,608,652. The business has a fifty day moving average price of $60.80 and a 200 day moving average price of $80.07. Oklo has a 1-year low of $34.10 and a 1-year high of $193.84. The firm has a market capitalization of $12.25 billion, a PE ratio of -97.66 and a beta of 1.16.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Wedbush reaffirmed its Outperform rating on Oklo and raised its price target to $110, implying meaningful upside from current levels. Benzinga
• Positive Sentiment: Cantor Fitzgerald also reiterated its Overweight rating and set a $122 price target, reinforcing bullish sentiment around Oklo’s long-term growth story. Benzinga
• Positive Sentiment: Oklo announced a strategic partnership with Idaho National Laboratory to use AI-enabled reactor and fuel-system design, which could improve development efficiency and strengthen technical validation. Yahoo Finance
• Neutral Sentiment: Oklo’s earnings call highlighted strategic progress and a strong liquidity position, including significant cash and marketable securities, but the company remains pre-revenue and dependent on successful project execution. Yahoo Finance
• Negative Sentiment: Q1 net loss widened to $33.1 million from $17.9 million a year earlier, reflecting higher spending on development and infrastructure projects tied to Aurora. Proactive Investors
• Negative Sentiment: Pre-earnings concerns around insider sales and elevated volatility also weighed on sentiment, with traders positioning for a sharp post-earnings move. Quiver Quantitative

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Tigress Financial started coverage on shares of Oklo in a research report on Monday, April 27th. They issued a “buy” rating and a $130.00 target price for the company. Canaccord Genuity Group dropped their price target on shares of Oklo from $175.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $122.00 price target on shares of Oklo in a research note on Wednesday. B. Riley Financial decreased their price objective on shares of Oklo from $129.00 to $92.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. Finally, Weiss Ratings lowered shares of Oklo from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Oklo has a consensus rating of “Moderate Buy” and an average price target of $85.19.

Insider Buying and Selling at Oklo

In other news, CEO Jacob Dewitte sold 140,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $70.50, for a total transaction of $9,870,000.00. Following the completion of the transaction, the chief executive officer owned 598,039 shares in the company, valued at approximately $42,161,749.50. This trade represents a 18.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard Craig Bealmear sold 16,342 shares of Oklo stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $51.08, for a total transaction of $834,749.36. Following the completion of the transaction, the chief financial officer directly owned 386,008 shares in the company, valued at $19,717,288.64. This represents a 4.06% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 809,040 shares of company stock valued at $49,162,094. 18.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in OKLO. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Oklo by 6.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 2,800 shares of the company’s stock worth $313,000 after acquiring an additional 174 shares in the last quarter. Kestra Advisory Services LLC grew its stake in Oklo by 0.5% in the fourth quarter. Kestra Advisory Services LLC now owns 41,689 shares of the company’s stock valued at $2,992,000 after purchasing an additional 197 shares in the last quarter. O Shaughnessy Asset Management LLC increased its position in Oklo by 4.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 4,519 shares of the company’s stock worth $324,000 after purchasing an additional 205 shares during the last quarter. Apexium Financial LP increased its position in Oklo by 6.0% in the 3rd quarter. Apexium Financial LP now owns 4,000 shares of the company’s stock worth $447,000 after purchasing an additional 225 shares during the last quarter. Finally, Comerica Bank raised its stake in shares of Oklo by 37.0% during the 3rd quarter. Comerica Bank now owns 981 shares of the company’s stock worth $110,000 after purchasing an additional 265 shares in the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

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.