Wedbush Issues Pessimistic Forecast for Oklo Earnings

Oklo Inc. (NYSE:OKLO) – Stock analysts at Wedbush dropped their Q1 2025 earnings estimates for shares of Oklo in a research report issued on Tuesday, March 25th. Wedbush analyst D. Ives now anticipates that the company will earn ($0.11) per share for the quarter, down from their previous forecast of ($0.09). Wedbush currently has a “Outperform” rating and a $45.00 target price on the stock. The consensus estimate for Oklo’s current full-year earnings is ($8.20) per share. Wedbush also issued estimates for Oklo’s Q2 2025 earnings at ($0.10) EPS, Q3 2025 earnings at ($0.11) EPS, Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.40) EPS, Q3 2026 earnings at ($0.08) EPS, Q4 2026 earnings at ($0.08) EPS and FY2026 earnings at ($0.32) EPS.

Oklo (NYSE:OKLO) last announced its earnings results on Monday, March 24th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.01).

Several other equities analysts also recently weighed in on OKLO. Craig Hallum started coverage on Oklo in a research report on Tuesday, January 28th. They set a “buy” rating and a $44.00 target price on the stock. B. Riley raised their price objective on Oklo from $27.00 to $58.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. Finally, Citigroup cut their price objective on Oklo from $31.00 to $30.00 and set a “neutral” rating for the company in a research note on Tuesday. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Oklo has a consensus rating of “Moderate Buy” and a consensus price target of $44.25.

Oklo Price Performance

Shares of OKLO stock opened at $22.42 on Thursday. The company has a market cap of $2.74 billion, a price-to-earnings ratio of -2.21 and a beta of -0.28. Oklo has a 1 year low of $5.35 and a 1 year high of $59.14. The firm has a fifty day moving average price of $36.10 and a 200-day moving average price of $24.49.

Institutional Investors Weigh In On Oklo

A number of institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Oklo by 1.5% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,929,139 shares of the company’s stock worth $104,646,000 after acquiring an additional 74,315 shares during the period. Vanguard Group Inc. lifted its holdings in Oklo by 92.8% in the 4th quarter. Vanguard Group Inc. now owns 4,343,679 shares of the company’s stock worth $92,216,000 after purchasing an additional 2,090,154 shares in the last quarter. HITE Hedge Asset Management LLC bought a new position in Oklo in the 3rd quarter worth approximately $19,753,000. Van ECK Associates Corp purchased a new stake in Oklo during the 4th quarter valued at approximately $38,661,000. Finally, Atomi Financial Group Inc. purchased a new stake in Oklo during the 4th quarter valued at approximately $19,285,000. Hedge funds and other institutional investors own 85.03% of the company’s stock.

About Oklo

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.