Oklo Inc [NYSE: OKLO] stock went on an upward path that rose over 7.84% on Friday, amounting to a one-week price increase of more than 72.60%.
Over the last 12 months, OKLO stock rose by 287.94%. The one-year Oklo Inc stock forecast points to a potential downside of -28.68. The average equity rating for OKLO stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $5.11 billion, with 122.10 million shares outstanding and 61.90 million shares in the current float. Compared to the average trading volume of 17.14M shares, OKLO stock reached a trading volume of 36675893 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Oklo Inc [OKLO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OKLO shares is $32.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OKLO stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wedbush have made an estimate for Oklo Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 19, 2024. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Buy. The new note on the price target was released on September 19, 2024, representing the official price target for Oklo Inc stock.
The Average True Range (ATR) for Oklo Inc is set at 3.65 The Price to Book ratio for the last quarter was 19.39, with the Price to Cash per share for the same quarter was set at 1.90.
OKLO Stock Performance Analysis:
Oklo Inc [OKLO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 72.60. With this latest performance, OKLO shares gained by 94.33% in over the last four-week period, additionally plugging by 382.35% over the last 6 months – not to mention a rise of 287.94% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OKLO stock in for the last two-week period is set at 77.84, with the RSI for the last a single of trading hit 84.06, and the three-weeks RSI is set at 73.32 for Oklo Inc [OKLO]. The present Moving Average for the last 50 days of trading for this stock 23.54, while it was recorded at 34.41 for the last single week of trading, and 13.89 for the last 200 days.
Insight into Oklo Inc Fundamentals:
Oklo Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 48.45 and a Current Ratio set at 48.45.
OKLO Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OKLO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Oklo Inc go to 0.57%.
Oklo Inc [OKLO] Institutonal Ownership Details
There are presently around $44.06%, or 66.62%% of OKLO stock, in the hands of institutional investors. The top three institutional holders of OKLO stocks are: DATA COLLECTIVE IV GP, LLC with ownership of 6.92 million shares, which is approximately 6.9193%. ENCOMPASS CAPITAL ADVISORS LLC, holding 5.72 million shares of the stock with an approximate value of $$48.42 million in OKLO stocks shares; and ENCOMPASS CAPITAL ADVISORS LLC, currently with $$33.21 million in OKLO stock with ownership which is approximately 3.9196%.
