Oklo stock tumbles as Financial Times scrutinizes valuation
Investing.com - Piper Sandler raised its price target on Liberty Energy Inc (NYSE:LBRT) to $16.00 from $13.00 on Monday, while maintaining a Neutral rating on the stock. The company, with a market capitalization of $2.48 billion and trailing twelve-month revenue of $3.91 billion, currently trades at a P/E ratio of 13.57 and offers a dividend yield of 2.35%.
The oilfield services company’s shares jumped approximately 30% following its earnings release, which Piper Sandler attributed to several factors including better-than-feared quarterly results. According to InvestingPro data, the stock has posted impressive returns of 24.55% in the past week, though technical indicators suggest the stock may be in overbought territory.
The research firm noted that Liberty Energy provided a constructive industry outlook, suggesting the sector is approaching a trough in the fourth quarter of 2025 with recovery likely beginning in mid-2026.
Despite not announcing any power contracts, Liberty management expressed confidence that securing such agreements was a matter of "when" rather than "if," with visibility to more than 1 gigawatt of capacity.
Piper Sandler also highlighted management’s statements about the company’s ability to secure funding for its planned 600+ megawatt expansion through future energy service agreements or power purchase agreements associated with upcoming power contracts.
In other recent news, Liberty Energy reported its third-quarter 2025 earnings, revealing a miss on both earnings per share (EPS) and revenue expectations. The company posted an EPS of -$0.06, which was below the anticipated -$0.02, and revenue of $947 million, falling short of the forecasted $967.05 million. Despite these results, the stock experienced a significant increase, driven by investor optimism around the company’s strategic direction and operational efficiency improvements. Stifel maintained its Buy rating on Liberty Energy, with a price target of $19.00, citing a positive outlook for the company’s power generation business. Additionally, RBC Capital raised its price target for Liberty Energy to $15.00 from $13.00, while maintaining a Sector Perform rating. This adjustment followed a notable rally in the company’s shares after the earnings report. These developments reflect the market’s response to Liberty Energy’s recent announcements and future potential.
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