Oklo Inc (NYSE:OKLO) has a beta value of -0.32 and has seen 14.17 million shares traded in the last trading session. The company, currently valued at $6.42B, closed the last trade at $52.62 per share which meant it lost -$2.41 on the day or -4.38% during that session. The OKLO stock price is -12.39% off its 52-week high price of $59.14 and 89.83% 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 21.52 million shares traded. The 3-month trading volume is 18.55 million shares.
The consensus among analysts is that Oklo Inc (OKLO) is Hold stock at the moment, with a recommendation rating of 1.71. 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.
Oklo Inc (NYSE:OKLO) trade information
Sporting -4.38% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the OKLO stock price touched $52.62 or saw a rise of 8.49%. Year-to-date, Oklo Inc shares have moved 147.86%, while the 5-day performance has seen it change -5.17%. Over the past 30 days, the shares of Oklo Inc (NYSE:OKLO) have changed 117.71%. Short interest in the company has seen 13.78 million shares shorted with days to cover at 0.64.
Wall Street analysts have a consensus price target for the stock at $10, which means that the shares’ value could drop -426.2% from current levels. 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 current price level is 81.0% off the targeted high while a plunge would see the stock lose 81.0% from current levels.
Oklo Inc (OKLO) estimates and forecasts
The company’s shares have gained 591.46% over the past 6 months.
Earnings growth for 2025 is a modest -1099.16% while over the next 5 years, the company’s earnings are expected to decrease by -2.92%.
OKLO Dividends
Oklo Inc is expected to release its next earnings report in March 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
Insiders own 42.71% of the company shares, while shares held by institutions stand at 40.31% with a share float percentage of 70.36%. Investors are also buoyed by the number of investors in a company, with Oklo Inc having a total of 277.0 institutions that hold shares in the company. 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 VanEck ETF Trust-VanEck Uranium+Nuclear Energy ETF . As of Nov 30, 2024 , the former fund manager holds about 3.89% shares in the company for having 4.75 shares of worth $249.77 million while later fund manager owns 1.31 shares of worth $68.82 million as of Nov 30, 2024 , which makes it owner of about 1.07% of company’s outstanding stock.