In the last trading session, 26.81 million Oklo Inc (NYSE:OKLO) shares changed hands as the company’s beta touched -0.28. With the company’s per share price at $41.61 changed hands at -$0.3 or -0.72% during last session, the market valuation stood at $5.08B. OKLO’s last price was a discount, traded about -5.02% off its 52-week high of $43.70. The share price had its 52-week low at $5.35, which suggests the last value was 87.14% up since then. When we look at Oklo Inc’s average trading volume, we note the 10-day average is 29.49 million shares, with the 3-month average coming to 17.61 million.
Analysts gave the Oklo Inc (OKLO) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.83. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended OKLO as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Oklo Inc’s EPS for the current quarter is expected to be -0.07.
Oklo Inc (NYSE:OKLO) trade information
Instantly OKLO was in red as seen at the end of in last trading. With action -0.50%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 96.00%, with the 5-day performance at -0.50% in the red. However, in the 30-day time frame, Oklo Inc (NYSE:OKLO) is 75.94% up. Looking at the short shares, we see there were 15.14 million shares sold at short interest cover period of 0.69 days.
The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need a downside of -316.1% from its current market value. According to analyst projections, OKLO’s forecast low is 10 with 10 as the target high. To hit the forecast high, the stock’s price needs a 75.97% surge from its current level, while the stock would need to tank 75.97% for it to hit the projected low.
The 2025 estimates are for Oklo Inc earnings to decrease by -1099.16%, but the outlook for the next 5-year period is at 1.98% per year.
OKLO Dividends
Oklo Inc is expected to release its next quarterly earnings report in March.
Oklo Inc (NYSE:OKLO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 33.87% of Oklo Inc shares while 44.06% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 66.62%. There are 44.06% institutions holding the Oklo Inc stock share, with DATA COLLECTIVE IV GP, LLC the top institutional holder. As of 2024-06-30, the company held 6.9193% of the shares, roughly 6.92 million OKLO shares worth $58.62 million.
ENCOMPASS CAPITAL ADVISORS LLC holds the second largest percentage of outstanding shares, with 5.715% or 5.72 million shares worth $48.42 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were Global X Fds-Global X Uranium ETF and VanEck ETF Trust-VanEck Uranium+Nuclear Energy ETF . With 4.75 shares estimated at $197.51 million under it, the former controlled 3.89% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Uranium+Nuclear Energy ETF held about 1.07% of the shares, roughly 1.31 shares worth around $54.42 million.
