Oklo (NYSE:OKLO) Shares Down 3.1% Following Analyst Downgrade

Market Beat
2026.03.27 21:14
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Oklo Inc. (NYSE:OKLO) shares fell 3.1% after UBS Group downgraded its price target from $95 to $60, maintaining a neutral rating. The stock traded as low as $50.15, with a significant drop in trading volume. Other analysts have also adjusted their price targets, with Canaccord Genuity lowering theirs to $125 and Citigroup to $73.50. Insider selling has been noted, with CEO Jacob Dewitte selling 72,960 shares. Despite positive regulatory developments, analysts express mixed sentiments about Oklo's commercialization timelines and regulatory risks.