Oklo (NYSE:OKLO) Shares Gap Up After Analyst Upgrade

Oklo Inc. (NYSE:OKLO) shares gapped up before the market opened on Wednesday after Bank of America upgraded the stock from a neutral rating to a buy rating. The stock had previously closed at $89.93, but opened at $96.39. Bank of America now has a $127.00 price target on the stock, up from their previous price target of $111.00. Oklo shares last traded at $93.0530, with a volume of 10,325,284 shares changing hands.

OKLO has been the subject of several other research reports. UBS Group reaffirmed a “neutral” rating on shares of Oklo in a research note on Monday, January 12th. Citigroup restated a “neutral” rating on shares of Oklo in a report on Monday, November 24th. B. Riley increased their price target on Oklo from $58.00 to $129.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. The Goldman Sachs Group reiterated a “neutral” rating and set a $106.00 price objective on shares of Oklo in a research report on Friday, January 9th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Oklo in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Oklo has a consensus rating of “Moderate Buy” and an average target price of $103.20.

Insider Activity

In other Oklo news, CEO Jacob Dewitte sold 26,740 shares of the company’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $111.38, for a total value of $2,978,301.20. Following the transaction, the chief executive officer owned 808,197 shares of the company’s stock, valued at $90,016,981.86. This represents a 3.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Richard Craig Bealmear sold 5,159 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $76.97, for a total transaction of $397,088.23. Following the completion of the transaction, the chief financial officer owned 196,913 shares in the company, valued at approximately $15,156,393.61. This represents a 2.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,552,800 shares of company stock worth $137,543,426. 18.90% of the stock is owned by insiders.

Oklo News Summary

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: BofA upgraded Oklo from Neutral to Buy and raised its price target to $127, citing the Meta tie-up as a “meaningful step forward” and giving the stock significant upside from current levels. Oklo Stock Upgraded to Buy. Meta Nuclear Deal Is a ‘Meaningful Step Forward.
• Positive Sentiment: Oklo’s agreement with Meta Platforms is being treated as validation of Oklo’s Aurora technology and includes a prepay/funding mechanism to support early fuel procurement and Phase 1 work — a de‑risking signal for long‑dated revenue potential. Oklo: Meta Just Turned A Maybe Into A When
• Neutral Sentiment: Macro sentiment toward nuclear power improved after President Trump publicly praised nuclear at Davos, which supports long‑term demand for suppliers like Oklo but does not change near‑term project timelines. Trump’s Nuclear Nod: 3 Discounted Stocks Primed for a 2026 Breakout
• Neutral Sentiment: Several analysts and outlets are revisiting Oklo’s valuation after the Meta deal and a DOE radioisotope contract; these pieces highlight sizable upside if projects advance but also emphasize long development timelines (Phase 1 targeted “as early as 2030,” full campus not expected until the 2030s). Oklo (OKLO) Valuation Check After Meta Nuclear Campus Deal And DOE Radioisotope Contract
• Negative Sentiment: Near‑term fundamentals remain a headwind: Oklo recently missed quarterly EPS estimates and consensus still forecasts negative EPS for the fiscal year, leaving profitability and cash‑flow timing uncertain. Oklo Trading Up 0.1%
• Negative Sentiment: Stock is volatile and sits below its 200‑day moving average, reflecting skepticism about execution risk and long development horizons despite the positive headlines. BofA upgrades Oklo to Buy on Meta deal, stock jumps

Institutional Trading of Oklo

Several hedge funds have recently made changes to their positions in the business. Armstrong Advisory Group Inc. acquired a new position in shares of Oklo in the third quarter valued at approximately $27,000. Gables Capital Management Inc. acquired a new stake in Oklo during the 3rd quarter worth approximately $28,000. Nemes Rush Group LLC purchased a new position in Oklo in the 3rd quarter valued at approximately $28,000. CI Investments Inc. grew its stake in shares of Oklo by 153.0% in the third quarter. CI Investments Inc. now owns 296 shares of the company’s stock worth $33,000 after acquiring an additional 179 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Oklo during the third quarter worth $33,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

Oklo Price Performance

The firm has a market capitalization of $14.19 billion, a price-to-earnings ratio of -168.22 and a beta of 0.76. The firm has a 50 day moving average price of $90.24 and a 200-day moving average price of $95.24.

Oklo (NYSE:OKLO) last released its earnings results on Wednesday, November 12th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.07). During the same period in the previous year, the business earned ($0.08) earnings per share. Equities research analysts predict that Oklo Inc. will post -8.2 earnings per share for the current year.

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.