Oklo (NYSE:OKLO) Shares Gap Up – Still a Buy?

by · The Cerbat Gem

Oklo Inc. (NYSE:OKLO – Get Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $19.11, but opened at $19.98. Oklo shares last traded at $21.74, with a volume of 7,992,238 shares traded.

Analyst Upgrades and Downgrades

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

Get Our Latest Research Report on Oklo

Oklo Stock Performance

The business has a fifty day moving average price of $9.39.

Oklo (NYSE:OKLO – Get Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($5.17) earnings per share (EPS) for the quarter. Analysts forecast that Oklo Inc. will post -2.92 EPS for the current fiscal year.

About Oklo

(Get Free Report)

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.

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