<div id="readability-page-1"><p><span>Oklo (NYSE:OKLO - Get Free Report)</span> had its price target hoisted by stock analysts at Citigroup  from $30.00 to $68.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has a &#34;neutral&#34; rating on the stock. Citigroup's price objective would indicate a potential upside of 13.96% from the stock's previous close.</p><ul><li>Nuclear Stocks Reach Critical Mass: The Time to Buy Is Now</li></ul><p>Several other brokerages also recently issued reports on OKLO. Cantor Fitzgerald assumed coverage on Oklo in a research note on Tuesday, July 15th. They set an &#34;overweight&#34; rating and a $73.00 target price on the stock. William Blair began coverage on Oklo in a research note on Wednesday, May 28th. They set an &#34;outperform&#34; rating on the stock. HC Wainwright began coverage on Oklo in a research note on Wednesday, April 23rd. They issued a &#34;buy&#34; rating and a $55.00 price objective on the stock. Daiwa America raised Oklo to a &#34;hold&#34; rating in a research note on Friday, July 11th. Finally, Craig Hallum downgraded Oklo from a &#34;buy&#34; rating to a &#34;hold&#34; rating and set a $59.00 price objective on the stock. in a research note on Monday, June 23rd. Five analysts have rated the stock with a hold rating, five have issued  a buy rating and one  has assigned  a strong buy rating to the company's stock. According to MarketBeat.com, Oklo presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $65.00.</p><p><b>View Our Latest Report on Oklo</b></p><h2>Oklo Price Performance</h2><ul><li>Oklo Reaches Critical Mass, Atomic Upside Still Available</li></ul><p>OKLO stock traded down $2.84 during midday trading on Tuesday, hitting $59.67. The stock had a trading volume of 9,910,994 shares, compared to its average volume of 15,038,067. The firm has a market cap of $8.33 billion, a price-to-earnings ratio of -11.01 and a beta of 0.57. The business has a 50-day moving average of $53.01 and a two-hundred day moving average of $38.40. Oklo has a 52-week low of $5.35 and a 52-week high of $73.55. </p><p>Oklo (NYSE:OKLO - Get Free Report) last released its earnings results on Tuesday, May 13th. The company reported ($0.07) EPS for the quarter, topping analysts' consensus estimates of ($0.11) by $0.04.  Research analysts predict that  Oklo will post -8.2 earnings per share for the current year. </p><h2>Insider Buying and Selling at Oklo</h2><ul><li>Google Is Betting Big on Nuclear Reactors—Should You?</li></ul><p>In other news, CEO Jacob Dewitte sold 300,000 shares of the company's stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $55.20, for a total transaction of $16,560,000.00. Following the completion of the transaction, the chief executive officer directly owned 10,105,098 shares of the company's stock, valued at approximately $557,801,409.60. This represents a 2.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael Stuart Klein sold 50,000 shares of the company's stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $54.85, for a total value of $2,742,500.00. Following the transaction, the director directly owned 200,000 shares of the company's stock, valued at approximately $10,970,000. This represents a 20.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 600,000 shares of company stock worth $35,066,500 in the last quarter. Company insiders own  18.90% of the company's stock. </p><h2>Institutional Trading of Oklo</h2><p>A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in  Oklo by 92.8% during the 4th quarter. Vanguard Group Inc. now owns 4,343,679 shares of the company's stock valued at $92,216,000 after acquiring an additional 2,090,154 shares during the last quarter.  Raymond James Financial Inc. purchased a new position in shares of  Oklo during the 4th quarter worth approximately $2,209,000.  Alliancebernstein L.P. purchased a new position in shares of  Oklo during the 4th quarter worth approximately $1,693,000.  LPL Financial LLC purchased a new position in shares of  Oklo during the 4th quarter worth approximately $2,762,000.  Finally, OneDigital Investment Advisors LLC purchased a new position in shares of  Oklo during the 1st quarter worth approximately $229,000. 85.03% of the stock is owned by institutional investors and hedge funds. </p><h2>Oklo Company Profile</h2> (Get Free Report)<p>Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California. </p><h2>Further Reading</h2><ul><li>Five stocks we like better than Oklo</li><li>How the NYSE and NASDAQ are Different, Why That Matters to Investors</li><li>Defense Sector Q2 Recap: Lockheed, RTX, Northrop Grumman</li><li>3 Small Caps With Big Return Potential</li><li>3 Reasons Palo Alto Networks Is Becoming a Wall Street Favorite</li><li>Do ETFs Pay Dividends? What You Need to Know</li><li>Vertical Aerospace Stock Trades at Discount After VX4 Milestone</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9LTE8?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9LTE8"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Oklo Right Now?</h2><p>Before you consider Oklo, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oklo wasn't on the list.</p><p>While Oklo currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

OKLO

<p>Citigroup has raised its price target for Oklo (NYSE:OKLO) from $30.00 to $68.00, maintaining a "neutral" rating. This new target suggests a potential upside of 13.96% from the stock's previous close. Other brokerages have also issued ratings, with a consensus rating of "Moderate Buy" and a target price of $65.00. Oklo's stock recently traded at $59.67, with a market cap of $8.33 billion. Insider trading activity has seen significant share sales by executives, while institutional ownership stands at 85.03%.</p>

Citigroup Forecasts Strong Price Appreciation for Oklo (NYSE:OKLO) Stock