Research Analysts Set Expectations for Oklo Q4 Earnings

Oklo Inc. (NYSE:OKLO) – Research analysts at Wedbush issued their Q4 2024 earnings per share estimates for Oklo in a report issued on Thursday, December 19th. Wedbush analyst D. Ives expects that the company will earn ($0.08) per share for the quarter. Wedbush has a “Outperform” rating and a $26.00 price target on the stock. The consensus estimate for Oklo’s current full-year earnings is ($0.59) per share. Wedbush also issued estimates for Oklo’s Q1 2025 earnings at ($0.09) EPS, Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.08) EPS, Q4 2025 earnings at ($0.08) EPS, FY2025 earnings at ($0.34) EPS, Q1 2026 earnings at ($0.08) EPS, Q2 2026 earnings at ($0.08) EPS, Q3 2026 earnings at ($0.07) EPS and FY2026 earnings at ($0.30) EPS.

OKLO has been the topic of several other reports. Seaport Res Ptn upgraded shares of Oklo to a “hold” rating in a research note on Friday, September 6th. Citigroup cut their target price on Oklo from $11.00 to $10.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 24th. Finally, B. Riley initiated coverage on Oklo in a research report on Thursday, September 19th. They issued a “buy” rating and a $10.00 target price for the company.

Oklo Stock Performance

Shares of NYSE:OKLO opened at $21.52 on Monday. The firm has a 50 day simple moving average of $20.73 and a 200-day simple moving average of $12.50. Oklo has a twelve month low of $5.35 and a twelve month high of $28.12.

Institutional Investors Weigh In On Oklo

Several hedge funds have recently made changes to their positions in the business. Peapack Gladstone Financial Corp purchased a new stake in shares of Oklo during the third quarter worth approximately $100,000. Sanctuary Advisors LLC acquired a new position in Oklo in the 3rd quarter valued at $100,000. Barclays PLC acquired a new position in Oklo in the 3rd quarter valued at $58,000. Geode Capital Management LLC purchased a new position in Oklo during the 3rd quarter worth $5,971,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Oklo in the 3rd quarter worth $94,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

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.