Analysts Say Oklo Inc. (NYSE:OKLO) Can Really Get To 10 In 12 Months

In last trading session, Oklo Inc. (NYSE:OKLO) saw 53.78 million shares changing hands with its beta currently measuring -0.23. Company’s recent per share price level of $16.54 trading at $4.89 or 41.97% at ring of the bell on the day assigns it a market valuation of $2.02B. That closing price of OKLO’s stock is at a discount of -13.66% from its 52-week high price of $18.80 and is indicating a premium of 67.65% from its 52-week low price of $5.35. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.67 million shares which gives us an average trading volume of 3.82 million if we extend that period to 3-months.

For Oklo Inc. (OKLO), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.25. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.07 in the current quarter.

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Oklo Inc. (NYSE:OKLO) trade information

Upright in the green during last session for gaining 41.97%, in the last five days OKLO remained trading in the green while hitting it’s week-highest on Wednesday, 10/16/24 when the stock touched $16.54 price level, adding 1.37% to its value on the day. Oklo Inc.’s shares saw a change of 56.63% in year-to-date performance and have moved 72.29% in past 5-day. Oklo Inc. (NYSE:OKLO) showed a performance of 162.54% in past 30-days. Number of shares sold short was 8.58 million shares which calculate 2.72 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 10 to the stock, which implies a fall of -65.4% to its current value. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would jump 39.54% in reaching the projected high whereas dropping to the targeted low would mean a gain of 39.54% for stock’s current value.