A Detailed Analysis Of Oklo Inc (OKLO)

Oklo Inc (NYSE:OKLO) has a beta value of -0.54 and has seen 8.84 million shares traded in the recent trading session. The company, currently valued at $2.83B, closed the recent trade at $23.20 per share which meant it lost -$2.0 on the day or -7.92% during that session. The OKLO stock price is -21.21% off its 52-week high price of $28.12 and 76.94% above the 52-week low of $5.35. If we look at the company’s 10-day average daily trading volume, we find that it stood at 21.12 million shares traded. The 3-month trading volume is 14.07 million shares.

The consensus among analysts is that Oklo Inc (OKLO) is Hold stock at the moment, with a recommendation rating of 2.25. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.07.

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Oklo Inc (NYSE:OKLO) trade information

Sporting -7.92% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the OKLO stock price touched $23.20 or saw a rise of 12.29%. Year-to-date, Oklo Inc shares have moved 119.74%, while the 5-day performance has seen it change 12.26%. Over the past 30 days, the shares of Oklo Inc (NYSE:OKLO) have changed 21.43%. Short interest in the company has seen 15.14 million shares shorted with days to cover at 0.69.

Wall Street analysts have a consensus price target for the stock at $10, which means that the shares’ value could drop -132.0% from the levels at last check today. The projected low price target is $10.0 while the price target rests at a high of $10.0. In that case, then, we find that the latest price level in today’s session is 56.9% off the targeted high while a plunge would see the stock lose 56.9% from the levels at last check today.

Oklo Inc (OKLO) estimates and forecasts

The company’s shares have gained 115.06% over the past 6 months, compared to -9.10% for the industry.

OKLO Dividends

Oklo Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Oklo Inc (NYSE:OKLO)’s Major holders

The top two institutional holders are DATA COLLECTIVE IV GP, LLC with over 6.92 million shares worth more than $58.62 million. As of 2024-06-30, DATA COLLECTIVE IV GP, LLC held 6.9193% of shares outstanding.

The other major institutional holder is ENCOMPASS CAPITAL ADVISORS LLC, with the holding of over 5.72 million shares as of 2024-06-30. The firm’s total holdings are worth over $48.42 million and represent 5.715% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Global X Fds-Global X Uranium ETF and Vanguard Extended Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 3.77% shares in the company for having 4.61 shares of worth $110.25 million while later fund manager owns 1.08 shares of worth $25.89 million as of Jun 30, 2024, which makes it owner of about 0.89% of company’s outstanding stock.