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Oklo Inc (OKLO) Gets a Hold from Goldman Sachs

Tipranks - Wed Apr 15, 12:38PM CDT

Goldman Sachs analyst Brian K. Lee maintained a Hold rating on Oklo Inc yesterday and set a price target of $55.00.

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K. Lee covers the Technology sector, focusing on stocks such as Enphase Energy, Sunrun, and Canadian Solar. According to TipRanks, K. Lee has an average return of 2.6% and a 46.95% success rate on recommended stocks.

Oklo Inc has an analyst consensus of Moderate Buy, with a price target consensus of $94.32.

Based on Oklo Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $41.45 million. In comparison, last year the company had a GAAP net loss of $10.29 million

Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OKLO in relation to earlier this year. Last month, Richard Kinzley, a Director at OKLO sold 4,000.00 shares for a total of $208,360.00.

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