NEW YORK, Dec. 27, 2025, 3:23 p.m. ET — Market closed.
Oklo Inc. (NYSE: OKLO) stock heads into the final stretch of the year under a familiar theme for 2025: high volatility, headline-driven trading, and sharp swings in sentiment across nuclear and “AI power” names.
With U.S. markets closed for the weekend, investors are left to digest Friday’s pullback and a growing pile of data points—options positioning, institutional filings, insider sales, and analyst targets—that could shape positioning when the next regular session opens on Monday, Dec. 29.
Oklo stock price today: where OKLO ended the last session
Oklo shares last traded at $76.92, down $4.40 (-5.41%) from the prior close, after a session that saw the stock open near $80.32, trade as high as $81.14, and dip to $76.17. Reported volume was about 7.12 million shares.
On a weekly basis, third-party trackers characterized OKLO as down roughly 8% for the week, underscoring how quickly momentum can shift even without a new company press release hitting the tape. [1]
The last 24–48 hours: the freshest OKLO headlines investors are reacting to
Several widely circulated market stories over the past two days centered less on a single “breaking” catalyst and more on positioning and flow:
- Friday’s sell-off and lighter volume: MarketBeat reported OKLO shares falling about 5.5% intraday Friday with trading volume running well below the stock’s average daily volume, reflecting the thin, year-end tape and the stock’s sensitivity to marginal shifts in risk appetite. [2]
- Institutional ownership and recent filings: A separate MarketBeat item highlighted a stake increase by Spirit of America Management Corp NY, based on its SEC disclosure, while also pointing to broader institutional participation in the name. [3]
- Sector framing: On Saturday, MarketBeat also placed Oklo on a short list of “nuclear stocks to watch,” emphasizing elevated trading activity and the binary, policy-and-regulation-linked risk profile that can amplify moves in SMR/advanced-reactor equities. [4]
- Data-driven attention signals: Quiver Quantitative published a weekend data note pointing to above-average search interest in OKLO and summarizing insider and institutional activity metrics from its datasets. [5]
Taken together, the last 24–48 hours of coverage suggests the market is still actively “working” the stock—watching flows and filings—rather than repricing OKLO on a single new fundamental disclosure.
Options market check: traders are actively pricing wide outcomes
Oklo’s options activity remains a major part of the story, particularly because it can accelerate spot moves in both directions.
Benzinga reported that it identified 21 notable options trades in OKLO, with the flow skewing cautious: 13 puts versus 8 calls, and a larger share of trades categorized as bearish than bullish. Benzinga also described a “big players” price window spanning roughly $65 to $130 over the past quarter based on contract activity. [6]
Another trading-activity recap focused on volume and open interest on the Dec. 26 expiration, reporting 67,648 options contracts traded that day and open interest around 628.3K contracts, with puts and calls close to evenly split. [7]
What that means heading into Monday: even if there’s no fresh company news at the open, positioning alone can keep OKLO jumpy—especially if the broader market gaps up or down and forces hedging adjustments.
Why investors still treat OKLO as a headline stock: DOE milestones and technical progress
While the past 48 hours were dominated by market/flow narratives, Oklo’s late-December fundamentals were shaped by two notable company milestones earlier this month:
- DOE safety-basis progress for fuel fabrication: Oklo announced that the U.S. Department of Energy approved the Preliminary Documented Safety Analysis (PDSA) for its Aurora Fuel Fabrication Facility (A3F) at Idaho National Laboratory, describing the PDSA as the second of three safety-basis documents on the path toward authorization (with a Documented Safety Analysis and readiness review still ahead). Oklo CEO and co-founder Jacob DeWitte said the company is “moving swiftly toward full deployment” of the fuel facility. [8]
- Los Alamos / plutonium criticality experiments: Oklo also disclosed a multi-day campaign with Los Alamos National Laboratory involving fast-spectrum plutonium criticality experiments that it characterized as a key technical milestone for its plutonium-fueled “Pluto” test reactor work under the DOE’s Reactor Pilot Program. [9]
These developments matter because they speak to a central investor question: how quickly Oklo can convert “advanced nuclear promise” into licensed, buildable, financeable projects.
Regulatory reality check: NRC engagement continues, but commercialization timelines still drive risk
A core reason OKLO trades with such large implied outcomes is that the company is still navigating regulatory steps typical of advanced reactor developers.
The U.S. Nuclear Regulatory Commission says it is engaged in pre-application activities for the Oklo Aurora Powerhouse reactor. [10]
For investors, the practical takeaway is straightforward: until licensing clarity improves, OKLO can trade more like a sentiment and milestones stock than a traditional cash-flow story.
Capital and dilution risk: the $1.5B ATM program remains a key overhang
Oklo has also been explicit about building financial flexibility.
In an SEC-filed prospectus supplement dated Dec. 4, 2025, the company disclosed an Equity Distribution Agreement—an at-the-market (ATM) program—for up to $1.5 billion of Class A common stock sold from time to time through named sales agents. [11]
Why this still matters into Monday, even weeks later: ATM capacity can act as an overhang in high-momentum stocks, because traders watch for signs that rallies may be met with incremental issuance (or, at minimum, they price the possibility).
Insider selling: recent Form 4 filings are part of the market conversation
OKLO watchers are also tracking insider transactions closely.
SEC Form 4 filings dated Dec. 23, 2025 show multiple sales executed on Dec. 22, 2025 through grantor retained annuity trusts (GRATs), at prices roughly in the $80.84 to $85.70 range. [12]
MarketBeat’s recent coverage also highlighted substantial insider selling totals over a recent multi-month window, a data point traders often cite when momentum cools. [13]
Important nuance: insider selling can reflect diversification, tax planning, or pre-arranged plans—and doesn’t automatically negate a long-term thesis. But in a stock this momentum-sensitive, it can influence short-term sentiment.
Forecasts and analyst targets: the Street sees upside, but consensus varies by source
Analyst framing on Oklo remains constructive overall—but the “consensus” depends on where you look and which analysts are counted.
- TipRanks shows a “Moderate Buy” consensus based on 13 ratings over the past three months, with an average 12-month price target of $130.10 (high $175, low $90). [14]
- MarketBeat, in its Friday OKLO recap, described a consensus closer to “Hold” with an average target around $102.87, while also noting a wide spread of firm-by-firm stances. [15]
Meanwhile, valuation-focused commentary continues to flag the tension between OKLO’s share-price performance and its early-stage profile. Simply Wall St, for example, pointed investors toward the stock’s elevated valuation metrics after a volatile run. [16]
And retail-facing outlets remain highly engaged with the “AI power” narrative, arguing that enthusiasm could persist into 2026—while also acknowledging the absence (for now) of operating revenue. [17]
If you’re watching OKLO for Monday: what to know before the next session opens
With markets reopening Monday, the setup is less about a single scheduled event and more about what could move a high-beta, headline-driven stock at the margin:
- Watch for new regulatory or DOE-related updates. Any concrete signal on the next fuel-facility safety steps (DSA/readiness review) or Reactor Pilot Program milestones can move the stock quickly. [18]
- Track dilution expectations. The existence of the $1.5B ATM can influence how traders treat rallies—especially if volume spikes. [19]
- Expect options to matter. With recent reporting highlighting heavy options activity and wide strike “attention ranges,” hedging flows can amplify early moves in either direction. [20]
- Keep an eye on filings. Given the market’s focus on insider and institutional activity, new Form 4s or institutional updates can quickly become a narrative catalyst even if fundamentals are unchanged. [21]
- Mind the tape and liquidity. Year-end positioning can exaggerate swings—particularly in thematic stocks tied to nuclear, data centers, and next-generation infrastructure narratives. [22]
Bottom line
Oklo stock enters the weekend with momentum cooled by Friday’s sell-off, while the broader narrative remains intact: investors are balancing real progress on technical and DOE process milestones against the realities of regulatory timelines, capital needs, and a stock price that can re-rate quickly on sentiment.
When markets reopen Monday, OKLO is likely to trade less like a slow-moving utility proxy and more like what it has been for most of 2025: a high-volatility, news-and-flows-driven bet on whether advanced nuclear timelines can keep tightening. [23]
References
1. www.quiverquant.com, 2. www.marketbeat.com, 3. www.marketbeat.com, 4. www.marketbeat.com, 5. www.quiverquant.com, 6. www.benzinga.com, 7. www.moomoo.com, 8. oklo.com, 9. oklo.com, 10. www.nrc.gov, 11. www.sec.gov, 12. www.sec.gov, 13. www.marketbeat.com, 14. www.tipranks.com, 15. www.marketbeat.com, 16. simplywall.st, 17. www.fool.com, 18. oklo.com, 19. www.sec.gov, 20. www.benzinga.com, 21. www.sec.gov, 22. www.marketbeat.com, 23. www.nrc.gov
