What is Seaport Res Ptn’s Estimate for Oklo FY2024 Earnings?

Oklo Inc. (NYSE:OKLO) – Equities research analysts at Seaport Res Ptn lowered their FY2024 earnings per share estimates for Oklo in a research note issued to investors on Wednesday, November 20th. Seaport Res Ptn analyst J. Campbell now forecasts that the company will post earnings of ($0.59) per share for the year, down from their previous estimate of ($0.54). Seaport Res Ptn currently has a “Hold” rating on the stock. The consensus estimate for Oklo’s current full-year earnings is ($0.54) per share. Seaport Res Ptn also issued estimates for Oklo’s Q4 2024 earnings at ($0.08) EPS, Q1 2025 earnings at ($0.08) EPS, Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.08) EPS, Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.33) EPS, Q1 2026 earnings at ($0.09) EPS, Q2 2026 earnings at ($0.09) EPS, Q3 2026 earnings at ($0.10) EPS, FY2026 earnings at ($0.37) EPS, FY2027 earnings at ($0.34) EPS and FY2028 earnings at ($0.11) EPS.

A number of other brokerages have also weighed in on OKLO. Citigroup cut their target price on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 24th. B. Riley began coverage on Oklo in a report on Thursday, September 19th. They set a “buy” rating and a $10.00 target price on the stock.

Oklo Price Performance

Shares of Oklo stock opened at $24.86 on Friday. Oklo has a 12-month low of $5.35 and a 12-month high of $28.12. The company’s fifty day simple moving average is $15.59 and its two-hundred day simple moving average is $10.90.

Institutional Investors Weigh In On Oklo

Several hedge funds have recently bought and sold shares of the business. Barclays PLC bought a new stake in Oklo in the third quarter worth $58,000. Y Intercept Hong Kong Ltd bought a new position in Oklo in the 3rd quarter worth about $94,000. Stifel Financial Corp purchased a new stake in Oklo during the 3rd quarter valued at about $104,000. MML Investors Services LLC purchased a new position in Oklo in the third quarter worth about $104,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Oklo in the third quarter worth approximately $104,000. Institutional investors own 85.03% of the company’s stock.

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.