These Analysts Cut Their Forecasts On Oklo After Q2 Results

Benzinga Earnings00:11

Oklo Inc. (NYSE:OKLO) on Friday reported upbeat revenue for the second quarter.

The company reported second-quarter revenue of $1.21 million, significantly exceeding the estimated $126,250. It reported a loss of 28 cents per share, wider than the analyst estimate of loss of 16 cents per share.

For 2026, Oklo expects operating cash flow of $120 million-$150 million, while capital expenditures for property, plant, and equipment are projected at $400 million to $500 million.

Oklo shares fell 7.7% to trade at $44.70 on Monday.

These analysts made changes to their price targets on Oklo following earnings announcement.

  • Canaccord Genuity analyst George Gianarikas maintained the stock with a Buy and lowered the price target from $125 to $100.
  • Citigroup analyst Vikram Bagri maintained the stock with a Neutral and lowered the price target from $76 to $57.5.
  • HC Wainwright & Co. analyst Sameer Joshi reiterated the stock with a Buy and maintained a $90 price target.

Considering buying OKLO stock? Here’s what analysts think:

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