Canaccord Genuity Group Cuts Oklo (NYSE:OKLO) Price Target to $125.00

Oklo (NYSE:OKLO) had its price objective decreased by Canaccord Genuity Group from $175.00 to $125.00 in a research note issued to investors on Wednesday morning,Benzinga reports. Canaccord Genuity Group currently has a buy rating on the stock.

A number of other brokerages also recently issued reports on OKLO. Zacks Research downgraded Oklo from a “hold” rating to a “strong sell” rating in a research report on Friday, January 23rd. Needham & Company LLC decreased their price target on shares of Oklo from $135.00 to $73.00 and set a “buy” rating on the stock in a report on Wednesday. Bank of America raised shares of Oklo from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $111.00 to $127.00 in a report on Wednesday, January 21st. HC Wainwright restated a “buy” rating and set a $90.00 price target on shares of Oklo in a research report on Wednesday. Finally, Barclays cut their price objective on Oklo from $146.00 to $82.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Oklo presently has an average rating of “Moderate Buy” and an average target price of $86.63.

Oklo Stock Down 1.4%

Shares of NYSE:OKLO opened at $53.94 on Wednesday. The company has a 50-day moving average price of $72.38 and a two-hundred day moving average price of $94.59. Oklo has a twelve month low of $17.42 and a twelve month high of $193.84. The firm has a market capitalization of $9.36 billion, a PE ratio of -74.91 and a beta of 0.80.

Oklo (NYSE:OKLO) last announced its quarterly earnings results on Tuesday, March 17th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.10). During the same quarter in the prior year, the firm posted ($0.74) earnings per share. Analysts anticipate that Oklo will post -8.2 earnings per share for the current fiscal year.

Insider Activity at Oklo

In related news, insider William Carroll Murphy Goodwin sold 2,820 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $56.69, for a total value of $159,865.80. Following the completion of the transaction, the insider directly owned 15,991 shares in the company, valued at $906,529.79. The trade was a 14.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard Craig Bealmear sold 72,090 shares of the stock in a transaction on Friday, March 13th. The shares were sold at an average price of $60.00, for a total value of $4,325,400.00. Following the sale, the chief financial officer owned 386,008 shares in the company, valued at approximately $23,160,480. This represents a 15.74% 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 2,062,424 shares of company stock valued at $169,888,312. 18.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Oklo

Several large investors have recently bought and sold shares of the business. Caprock Group LLC bought a new stake in shares of Oklo in the third quarter worth $14,829,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Oklo by 48.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 164,860 shares of the company’s stock worth $18,403,000 after acquiring an additional 54,080 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Oklo by 298.6% during the third quarter. Envestnet Asset Management Inc. now owns 23,396 shares of the company’s stock valued at $2,612,000 after purchasing an additional 17,526 shares in the last quarter. Wealthedge Investment Advisors LLC purchased a new position in Oklo during the second quarter valued at approximately $738,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Oklo in the 3rd quarter worth $2,177,000. 85.03% of the stock is currently owned by institutional investors.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: HC Wainwright reaffirmed a “Buy” rating and a $90 price target, maintaining institutional support that can prop up the stock despite near-term misses. HC Wainwright Reiterates Buy
• Positive Sentiment: Oklo signed a deal with the U.S. Department of Energy to build a reactor at Idaho National Lab — a tangible program milestone that strengthens commercialization credibility and future revenue potential. DOE reactor deal
• Positive Sentiment: Analyst and media pieces highlight Oklo’s diversified pathway (isotopes, fuel, reactors) and argue the company may be near a base — supporting a longer-term bullish case if execution continues. MarketBeat: The bottom is in
• Positive Sentiment: Commentary from The Motley Fool and Zacks highlights secular tailwinds (AI/data center demand for reliable low-carbon power, geopolitical energy volatility) that could increase long-term demand for Oklo’s technology. Fool prediction on nuclear demand Zacks: nuclear model stability
• Neutral Sentiment: Cantor Fitzgerald reiterated an Overweight rating — additional coverage and differing targets are keeping the narrative mixed but visible to investors. Cantor Fitzgerald Overweight
• Negative Sentiment: Oklo reported Q4 results that missed expectations, and the market reacted negatively (shares pulled back following the release). Near-term profitability remains a distant target, increasing sensitivity to execution. Earnings miss / shares down Yahoo: stock dips after earnings
• Negative Sentiment: Several broker notes (Goldman Sachs, Needham, Canaccord, B. Riley) issued cautious/pessimistic near-term forecasts or lowered expectations, adding selling pressure and raising short-term downside risk. Goldman Sachs pessimistic forecast Needham pessimistic forecast Canaccord forecast B. Riley lowered expectations
• Negative Sentiment: Insider selling: Oklo’s CFO disclosed a large sale (~$4.33M), which can concern investors about timing and valuation. CFO insider sale
• Negative Sentiment: HC Wainwright cut multi-year EPS estimates substantially while keeping a $90 target — that combination signals longer roadmap risk (execution/timing) even as some analysts stay constructive. HC Wainwright estimates update

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.