Boom Or Bust? Where Will Oklo Inc (NYSE: OKLO) Stock Go Next?

During the recent session, Oklo Inc (NYSE:OKLO)’s traded shares were 3.34 million, with the beta value of the company hitting -0.50. At the last check today, the stock’s price was $21.29, reflecting an intraday gain of 0.27% or $0.06. The 52-week high for the OKLO share is $28.12, that puts it down -32.08 from that peak though still a striking 74.87% gain since the share price plummeted to a 52-week low of $5.35. The company’s market capitalization is $2.60B, and the average intraday trading volume over the past 10 days was 18.75 million shares, and the average trade volume was 18.29 million shares over the past three months.

Oklo Inc (OKLO) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.00. OKLO has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.07.

Oklo Inc (NYSE:OKLO) trade information

Oklo Inc (OKLO) registered a 0.27% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.27% in intraday trading to $21.29, hitting a weekly high. The stock’s 5-day price performance is -9.84%, and it has moved by -4.24% in 30 days. Based on these gigs, the overall price performance for the year is 100.82%. The short interest in Oklo Inc (NYSE:OKLO) is 15.14 million shares and it means that shorts have 0.69 day(s) to cover.

The consensus price target of analysts on Wall Street is $10, which implies a decrease of -112.9% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10 and $10 respectively. As a result, OKLO is trading at a premium of 53.03% off the target high and 53.03% off the low.

While earnings are projected to return -1208.00% in 2025.

OKLO Dividends

Oklo Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Oklo Inc (NYSE:OKLO)’s Major holders

Oklo Inc insiders own 33.87% of total outstanding shares while institutional holders control 44.06%, with the float percentage being 66.62%. DATA COLLECTIVE IV GP, LLC is the largest shareholder of the company, while 134.0 institutions own stock in it. As of 2024-06-30, the company held over 6.92 million shares (or 6.9193% of all shares), a total value of $58.62 million in shares.

The next largest institutional holding, with 5.72 million shares, is of ENCOMPASS CAPITAL ADVISORS LLC’s that is approximately 5.715% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $48.42 million.