Oklo Inc. (NYSE:OKLO – Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $19.11, but opened at $19.98. Oklo shares last traded at $21.74, with a volume of 7,992,238 shares trading hands.
Wall Street Analysts Forecast Growth
Several brokerages have commented on OKLO. Seaport Res Ptn upgraded shares of Oklo to a “hold” rating in a report on Friday, September 6th. Citigroup dropped their price objective on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating on the stock in a report on Tuesday, September 24th. Finally, B. Riley assumed coverage on shares of Oklo in a research report on Thursday, September 19th. They issued a “buy” rating and a $10.00 price objective on the stock.
Get Our Latest Stock Analysis on OKLO
Oklo Stock Up 1.4 %
Oklo (NYSE:OKLO – Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($5.17) earnings per share for the quarter. Equities analysts expect that Oklo Inc. will post -2.92 EPS for the current fiscal year.
Oklo Company Profile
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.
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