Canaccord Genuity has initiated coverage on Oklo Inc (OKLO) with a Buy rating as of October 8, 2025. This marks the firm's first evaluation of the company, focusing on its potential within the utilities sector, where it specializes in developing fission reactors.
Headquartered in New York City, Oklo Inc is engaged in creating fast fission power plants aimed at delivering clean, reliable, and affordable energy at scale. The company is also collaborating with the United States Department of Energy and National Laboratories to develop advanced fuel recycling technologies. With a market capitalization of $16.1 billion, Oklo employs 113 full-time staff and has been publicly traded since its IPO on July 12, 2021.
Currently, Oklo's stock is priced at $83.86. The company reported an earnings per share (EPS) of -0.43 for the trailing twelve months. Upcoming earnings are anticipated on August 10, 2026, with estimates suggesting an EPS of -0.19 and no expected revenue.
The announcement highlights a broader trend in analyst sentiment toward Oklo, with a consensus rating of Buy from 24 analysts, including 4 Strong Buy and 11 Buy ratings. Recent actions reflect a mix of perspectives, with Canaccord Genuity's initiation contrasting with a downgrade from B of A Securities to Neutral just days earlier. As analyst opinions evolve with new data, these ratings serve as one of many factors for investors to consider when evaluating Oklo's prospects.