Canaccord Genuity Group Cuts Oklo (NYSE:OKLO) Price Target to $100.00

13 Aug 2026, 05:54 by Michael Walen · The Markets Daily

Oklo (NYSE:OKLO – Free Report) had its target price reduced by Canaccord Genuity Group from $125.00 to $100.00 in a research note issued to investors on Monday morning, MarketBeat reports. They currently have a buy rating on the stock.

A number of other research analysts have also weighed in on the stock. Wedbush reaffirmed an “outperform” rating and issued a $110.00 price target on shares of Oklo in a research note on Tuesday, May 26th. UBS Group lowered their price objective on shares of Oklo from $60.00 to $55.00 and set a “neutral” rating for the company in a research report on Thursday, June 11th. Bank of America assumed coverage on Oklo in a research report on Friday, May 22nd. They set a “buy” rating and a $80.00 price target for the company. HSBC initiated coverage on shares of Oklo in a report on Thursday, April 23rd. They issued a “buy” rating and a $96.00 price objective on the stock. Finally, Wolfe Research initiated coverage on shares of Oklo in a research report on Tuesday, May 19th. They issued a “peer perform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $85.03.

Get Our Latest Research Report on OKLO

Oklo Trading Down 4.0%

NYSE:OKLO opened at $45.11 on Monday. Oklo has a 1 year low of $36.61 and a 1 year high of $193.84. The stock has a 50-day moving average price of $49.50 and a two-hundred day moving average price of $59.39. The stock has a market cap of $8.39 billion, a price-to-earnings ratio of -47.99 and a beta of 1.17.

Oklo (NYSE:OKLO – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.12). The firm had revenue of $1.21 million during the quarter, compared to the consensus estimate of $0.09 million. During the same quarter in the prior year, the company posted ($0.18) earnings per share. Oklo’s revenue for the quarter was up 11900.0% compared to the same quarter last year. Sell-side analysts forecast that Oklo will post -0.85 earnings per share for the current year.

Insider Activity

In other Oklo news, insider William Carroll Murphy Goodwin sold 10,548 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $58.04, for a total value of $612,205.92. Following the sale, the insider owned 36,175 shares in the company, valued at $2,099,597. This represents a 22.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Richard Craig Bealmear sold 73,081 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $68.42, for a total value of $5,000,202.02. Following the completion of the sale, the chief financial officer directly owned 397,642 shares of the company’s stock, valued at approximately $27,206,665.64. The trade was a 15.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 483,629 shares of company stock valued at $29,855,608. 12.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Oklo

Hedge funds have recently added to or reduced their stakes in the business. NBC Securities Inc. lifted its holdings in Oklo by 75.0% during the 4th quarter. NBC Securities Inc. now owns 350 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares during the last quarter. Costello Asset Management INC grew its stake in shares of Oklo by 66.7% in the first quarter. Costello Asset Management INC now owns 500 shares of the company’s stock valued at $25,000 after acquiring an additional 200 shares in the last quarter. Gilpin Wealth Management LLC bought a new position in Oklo during the fourth quarter worth about $29,000. SHP Wealth Management bought a new position in Oklo during the fourth quarter worth about $32,000. Finally, Ascentis Independent Advisors acquired a new stake in Oklo in the 1st quarter worth about $33,000. Institutional investors and hedge funds own 85.03% of the company’s stock.

Oklo News Roundup

Here are the key news stories impacting Oklo this week:

Positive Sentiment: Oklo reported its first quarterly revenue of $1.21 million, while achieving first criticality at its Groves low-power test reactor in Texas. These developments provide evidence that the company is moving beyond a purely speculative, pre-revenue story. Why Oklo Is Up After First Criticality and Initial Reactor Sales
Positive Sentiment: Management is targeting growth across isotope, fuel and small modular reactor businesses through 2028, and its roughly $3 billion liquidity position could help fund development while reducing near-term financing and dilution concerns. Oklo’s Revenue Transition Gives Bulls a New Reason to Watch
Positive Sentiment: HC Wainwright maintained a Buy rating and a $90 price target, indicating substantial potential upside if Oklo executes on its reactor and fuel commercialization plans. Oklo Earns Buy Rating from HC Wainwright
Neutral Sentiment: Other analysts remain cautious: Truist issued a Hold rating and Citi maintained its Hold view. The mixed ratings reflect uncertainty over the timing and economics of Oklo’s future reactor projects. Oklo Gets a Hold from Truist Financial
Negative Sentiment: Despite the revenue milestone, Oklo posted a $48.54 million quarterly net loss and a $0.28 per-share loss, worse than the $0.16 loss analysts expected. The widening losses are limiting the positive impact of its initial sales. Oklo Shares Down Following Weak Earnings
Negative Sentiment: HC Wainwright sharply reduced its EPS forecasts for 2026 through 2029 and lowered its 2030 estimate to $1.46 from $2.20. The revisions signal expectations for higher expenses or slower commercialization, even though the firm kept its Buy rating. HC Wainwright Earnings Estimate Revisions
Negative Sentiment: CEO Jacob DeWitte’s sale of 120,000 shares for approximately $4.9 million may add to investor concern, although he reportedly retained nearly 472,000 shares directly. Oklo CEO Share Sale

About Oklo

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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.