Oklo shares are tumbling Wednesday, among today’s biggest losers, amid a broader sell-off with Nasdaq down 2.36% and Energy sector off 1.80%.
Oklo Inc (NASDAQ:OKLO) shares are tumbling on Wednesday. The stock is currently one of today’s biggest losers, seemingly caught in a broader sell-off, with the Nasdaq down 2.36% and the Energy sector declining 1.80%.
- Oklo stock is feeling bearish pressure. Why is OKLO stock dropping?
Why Is OKLO Getting Hit So Hard?
Oklo has not been seeing a positive week. The company had slid alongside a broad sell‑off in uranium and nuclear‑energy stocks. Investors are dialing back the geopolitical risk premium tied to Iran’s nuclear program, and that’s weighing on the entire sector.
A recent Reuters report says Iran and the U.S. are preparing to restart nuclear talks in Istanbul, with regional players like Saudi Arabia and Egypt joining the discussions.
If tensions in the Gulf cool and sanctions eventually ease, the market’s “fear premium” — the extra boost uranium prices get from geopolitical risk — starts to fade.
Oklo’s Technical Indicators Show Weakness
Oklo’s technical picture is showing signs of strain. The stock is sitting 29.1% below its 20‑day SMA and 39.7% under its 100‑day SMA, a sign that sellers have been in control for weeks. Even though shares are still up 37.32% over the past year, they’re now drifting much closer to their 52‑week lows than their highs, which underscores how tough the current backdrop has become.
The momentum indicators tell a similar story. The RSI sits in neutral territory at 42.13 . The MACD remains below its signal line, pointing to ongoing bearish pressure. Market momentum remains subdued, investor sentiment is cautious, and participants appear to be waiting for a more definitive signal before committing to a direction.
- Key Resistance: $73.50
- Key Support: $61.00
As traders monitor these key levels, the stock’s ability to hold above support at $61.00 will be crucial in determining its near-term direction. If it breaks below this level, further declines could be expected, while a rally back towards resistance at $73.50 would signal a potential recovery.
Analyst Consensus & Recent Actions:
The stock carries a Buy Rating with an average price target of $112.69. Recent analyst moves include:
- Texas Capital Securities: Initiated with Buy (Target $138.00) (Jan. 28)
- B of A Securities: Upgraded to Buy (Raises Target to $127.00) (Jan. 21)
- Seaport Global: Upgraded to Buy (Target $150.00) (Dec. 8, 2025)
Oklo’s Strong Momentum According To Benzinga Edge
Below is the Benzinga Edge scorecard for Oklo, highlighting its strengths and weaknesses compared to the broader market:
- Momentum: Strong (Score: 81.21) — Stock is outperforming the broader market.
The Verdict: Oklo’s Benzinga Edge signal reveals a strong momentum score, indicating that despite current price declines, the stock has potential for recovery. Investors should keep an eye on key support levels and upcoming earnings for further insights into the stock’s trajectory.
OKLO Price Action: Oklo shares were down 17.03% at $64.72 at the time of publication on Wednesday, according to Benzinga Pro.
Image: Piotr Swat/Shutterstock
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