Oklo Inc (OKLO) Gets a Hold from UBS

UBS analyst Jon Windham maintained a Hold rating on Oklo Inc yesterday and set a price target of $60.00. The company’s shares closed yesterday at $68.13.

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According to TipRanks, Windham is a 4-star analyst with an average return of 10.3% and a 53.66% success rate. Windham covers the Industrials sector, focusing on stocks such as Clean Harbors, Republic Services, and Waste Connections.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oklo Inc with a $91.05 average price target, implying a 33.64% upside from current levels. In a report released on April 13, Goldman Sachs also maintained a Hold rating on the stock with a $55.00 price target.

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, John M Jansen, a Director at OKLO sold 10,500.00 shares for a total of $540,960.00.