Oklo (OKLO) to Release Quarterly Earnings on Monday

Oklo (NYSE:OKLO) will likely be issuing its quarterly earnings data after the market closes on Monday, March 24th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Oklo Trading Down 2.0 %

OKLO stock opened at $27.23 on Friday. The company’s 50 day simple moving average is $35.85 and its 200-day simple moving average is $23.77. Oklo has a 12 month low of $5.35 and a 12 month high of $59.14.

Wall Street Analyst Weigh In

OKLO has been the topic of several research reports. Craig Hallum initiated coverage on shares of Oklo in a research report on Tuesday, January 28th. They issued a “buy” rating and a $44.00 price target on the stock. Citigroup increased their price target on shares of Oklo from $10.00 to $31.00 and gave the company a “neutral” rating in a research report on Wednesday, January 8th. Wedbush raised their target price on shares of Oklo from $26.00 to $45.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Finally, B. Riley raised their target price on shares of Oklo from $27.00 to $58.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $44.50.

Insider Buying and Selling

In other news, Director Richard Kinzley bought 5,000 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The shares were purchased at an average price of $19.95 per share, for a total transaction of $99,750.00. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at $99,750. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 21.80% of the stock is owned by company insiders.

Oklo Company Profile

Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.