Oklo Inc [NYSE: OKLO] plunged by -$0.76 during the normal trading session on while it closed the day at $21.63.
Oklo Inc stock has also loss -30.02% of its value over the past 7 days. However, OKLO stock has declined by -10.02% in the 3 months of the year. Over the past six months meanwhile, it has gained 152.10% and gained 1.88% year-on date.
The market cap for OKLO stock reached $3.01 billion, with 122.10 million shares outstanding and 94.64 million shares in the current float. Compared to the average trading volume of 17.63M shares, OKLO reached a trading volume of 10042863 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 $48.49 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 1.50. 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.
Craig Hallum have made an estimate for Oklo Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 28, 2025. While these analysts kept the previous recommendation, Wedbush raised their target price to Outperform. The new note on the price target was released on December 19, 2024, representing the official price target for Oklo Inc stock. Previously, the target price had yet another raise to $10, while B. Riley Securities analysts kept a Buy rating on OKLO stock.
The Average True Range (ATR) for Oklo Inc is set at 3.36 The Price to Book ratio for the last quarter was 10.03, with the Price to Cash per share for the same quarter was set at 1.66.
OKLO stock trade performance evaluation
Oklo Inc [OKLO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -30.02. With this latest performance, OKLO shares dropped by -35.22% in over the last four-week period, additionally plugging by 152.10% over the last 6 months – not to mention a rise of 93.99% 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 36.33, with the RSI for the last a single of trading hit 32.10, and the three-weeks RSI is set at 39.73 for Oklo Inc [OKLO]. The present Moving Average for the last 50 days of trading for this stock 35.47, while it was recorded at 24.63 for the last single week of trading, and 19.31 for the last 200 days.
Oklo Inc [OKLO]: An insightful look at the core 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.
Earnings per share (EPS) analysis for Oklo Inc [OKLO] stock
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 8.60%.
Oklo Inc [OKLO]: Institutional Ownership
There are presently around $30.99%, or 42.92%% 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%.
