Oklo Inc. shares fell 12.53% to close at $68.23 on February 04, 2026. The stock declined from a previous price of $78.00. Goldman Sachs lowered its price target for the company by 14% to $91 while maintaining a neutral rating.
Analysts cited rising uranium spot prices as a primary driver for the revision. Increased fuel costs potentially reduce the economic viability of Oklo’s small modular reactors. This cautious outlook overshadowed previous positive ratings from BofA and Wedbush following Oklo's recent deal with Meta.
Shares rose 0.19% to $68.36 in pre-market trading on February 05. Broader market futures remain mixed as the technology sector faces pressure from AI-related concerns. No new company-specific events were reported on Thursday morning.