At the time of writing, Oklo Inc [OKLO] stock is trading at $31.25, up 19.96%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OKLO shares have gain 36.58% over the last week, with a monthly amount glided 63.61%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Oklo Inc [NYSE: OKLO] stock has seen the most recent analyst activity on December 19, 2024, when Wedbush initiated its Outperform rating and assigned the stock a price target of $26. Previously, B. Riley Securities started tracking the stock with Buy rating on September 19, 2024, and set its price target to $10. On September 06, 2024, Seaport Research Partners initiated with a Neutral rating. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $11 on June 04, 2024.
For the past year, the stock price of Oklo Inc fluctuated between $5.35 and $31.91. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Oklo Inc [NYSE: OKLO] shares were valued at $31.25 at the most recent close of the market. An investor can expect a potential drop of -68.0% based on the average OKLO price forecast.
Analyzing the OKLO fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.13 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.27 points at the first support level, and at 25.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.85, and for the 2nd resistance point, it is at 34.46.
Ratios To Look Out For
It is important to note that Oklo Inc [NYSE:OKLO] has a current ratio of 48.45. As well, the Quick Ratio is 48.45, while the Cash Ratio is 18.94.
Transactions by insiders
Recent insider trading involved Kinzley Richard, Director, that happened on Dec 23 ’24 when 5000.0 shares were purchased. Co-Founder, CEO, DeWitte Jacob completed a deal on Dec 20 ’24 to sell 0.23 million shares. Meanwhile, Co-Founder, COO Cochran Caroline sold 0.23 million shares on Dec 20 ’24.
