Oklo Inc (NYSE:OKLO) reported its fourth-quarter results on Tuesday.
Here are the key analyst insights:
- HC Wainwright analyst Sameer Joshi reiterated a Buy rating and price target of $130.
- Canaccord Genuity analyst George Gianarikas maintained a Buy rating, while lowering the price target from $175 to $125.
- Needham analyst Sean Milligan reiterated a Buy rating, while slashing the price target from $135 to $73.
Check out other analyst stock ratings.
HC Wainwright: Oklo did not report revenues for the quarter “as its products are still in the development stage,” Joshi said in a note. The company’s R&D expenses rose 52% sequentially to $32.5 million and loss from operations grew to $57.1 million, from $15.4 million in the year-ago quarter, he added.
After the …