Oklo (NYSE:OKLO) Stock Price Up 3.1% – Still a Buy?

Oklo Inc. (NYSE:OKLO) shares were up 3.1% on Thursday . The company traded as high as $47.72 and last traded at $46.5490. Approximately 9,131,466 shares were traded during mid-day trading, a decline of 21% from the average daily volume of 11,553,346 shares. The stock had previously closed at $45.13.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Oklo reported a key technical milestone by achieving first criticality at its Groves low-power test reactor in Texas. The development could reduce perceived regulatory and execution risk as the company advances toward commercial deployment and approval. Oklo’s new reactor milestone lowers the risk in its path to approval
• Positive Sentiment: The company generated its first quarterly revenue—$1.21 million, up sharply year over year—and announced initial reactor sales. Those developments provide early evidence that Oklo’s advanced-nuclear strategy is beginning to move beyond the research stage. Why Oklo is up after first criticality and initial reactor sales
• Neutral Sentiment: HC Wainwright maintained a Buy rating and a $90 price target, indicating substantial long-term upside in its view. However, the firm lowered EPS forecasts across 2026–2030, reflecting a slower or more expensive path to profitability. Oklo earns Buy rating from HC Wainwright
• Negative Sentiment: Oklo’s quarterly loss widened to approximately $48.5 million, or $0.28 per share, missing the roughly $0.16-per-share consensus estimate despite the new revenue. Rising costs and continuing cash needs remain major risks for a company that has not yet reached commercial-scale operations. Should you buy, sell or hold OKLO stock post first revenues?
• Negative Sentiment: Analyst caution is adding pressure: Truist assigned a Hold rating, while Canaccord lowered its expectations for the shares. The combination of weak earnings, prolonged projected losses and reduced estimates has outweighed the encouraging technology milestones for some investors. Oklo gets a Hold rating from Truist Financial

Analyst Ratings Changes

A number of analysts have recently commented on the company. JPMorgan Chase & Co. started coverage on Oklo in a report on Monday, May 11th. They set a “neutral” rating and a $83.00 price objective for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Oklo in a report on Friday, August 7th. Wolfe Research began coverage on Oklo in a research note on Tuesday, May 19th. They set a “peer perform” rating for the company. UBS Group cut their price objective on Oklo from $60.00 to $55.00 and set a “neutral” rating on the stock in a report on Thursday, June 11th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Oklo in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $85.03.

Oklo Stock Performance

The firm has a market cap of $8.66 billion, a price-to-earnings ratio of -49.52 and a beta of 1.17. The company’s fifty day moving average is $49.50 and its two-hundred day moving average is $59.39.

Oklo (NYSE:OKLO) last announced its quarterly earnings results on Friday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.12). The company had revenue of $1.21 million during the quarter, compared to analysts’ expectations of $0.09 million. During the same period in the prior year, the company posted ($0.18) EPS. The company’s quarterly revenue was up 11900.0% compared to the same quarter last year. As a group, analysts forecast that Oklo Inc. will post -0.85 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Richard Craig Bealmear sold 73,081 shares of the stock in a transaction dated 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 completion of the sale, the chief financial officer owned 397,642 shares in the company, valued at approximately $27,206,665.64. This trade represents a 15.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jacob Dewitte sold 60,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $52.80, for a total value of $3,168,000.00. Following the sale, the chief executive officer owned 511,533 shares in the company, valued at approximately $27,008,942.40. The trade was a 10.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 483,629 shares of company stock worth $29,855,608. 12.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Oklo

Large investors have recently bought and sold shares of the company. NBC Securities Inc. boosted its stake in shares of Oklo by 75.0% in 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 during the period. Costello Asset Management INC grew its holdings in Oklo by 66.7% during the 1st quarter. Costello Asset Management INC now owns 500 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Gilpin Wealth Management LLC purchased a new stake in Oklo during the 4th quarter worth $29,000. SHP Wealth Management purchased a new stake in Oklo during the 4th quarter worth $32,000. Finally, Ascentis Independent Advisors acquired a new position in Oklo in the 1st quarter worth $33,000. 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.