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OKLO Price Prediction: Wedbush cuts target as derivatives stay mixed

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OKLO Price Prediction: Wedbush cuts target as derivatives stay mixed

Oklo Inc. analyst Seth Basham of Wedbush cut his price target to $36 from $110 on November 3, 2026, while keeping an Outperform rating. Binance futures data show OKLO at $23.73, up 17.94% over 24 h...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

The latest move in OKLO comes against a sharp reset in Wall Street expectations for the underlying company, Oklo Inc. (NYSE: OKLO). On November 3, 2026, Seth Basham of Wedbush said, “OKLO shares, along with the broader advanced nuclear group, trade as if few or no reactors get built,” and reduced Wedbush’s price target to $36 from $110 while maintaining an Outperform rating.

At the same time, Binance futures data show OKLO trading at $23.73, up 17.94% over 24 hours, with a daily range of $24.03 to $20.10 and volume of $4,597,680. The contract is trading below the 20-day simple moving average of $25.40 and the 26-day exponential moving average of $26.91, which keeps the broader trend below those reference points despite the stronger one-day rebound.

The indicator mix does not show a clean trend reversal. The 7-day SMA at $23.11 is close to spot, which suggests the latest move has recovered back toward the short-term average, but price remains below the 20-day SMA and 26-day EMA. RSI at 39.07 sits in neutral territory, while the MACD at -2.7801 with a flat histogram points to weak momentum rather than an established upside turn.


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