Core Viewpoint - Oklo Inc's stock has experienced a decline of 7.8% to $120.87 following Goldman Sachs' initiation of coverage with a "neutral" rating and a price target of $117, despite acknowledging the company's advancements in its Aurora Powerhouse and highlighting risks associated with its "own-and-operate" model [1] Group 1 - Oklo Inc had recently reached a record high of $144.49, benefiting from the AI trend, but is still up approximately 63.3% over the last month and has a year-to-date increase of 464.7% [2] - There has been significant activity in options trading, with 108,000 puts exchanged, which is quadruple the intraday average, compared to 47,000 calls, indicating bearish sentiment [2] - The most popular options include the weekly 9/26 100-strike put and the 110-strike put, with new positions being opened in both [2] Group 2 - The put/call volume ratio for Oklo Inc is 1.40, ranking higher than 87% of readings from the past year, indicating increased bearish activity [3] - Oklo's stock has landed on the short sell restricted (SSR) list amid the price drop, with short interest representing 14% of the stock's available float [3] - Prior to the rating adjustments, eight out of 15 analysts rated the stock as a "buy" or better, six as a "hold," and one as a "strong sell," suggesting potential for rating changes in either direction [4]
Oklo Stock Slides on Brand-New "Neutral" Rating