Cost And Pricing RisksManagement expects HALEU costs for future procurement to rise as the DOE shifts from pilot production to commercial pricing.
Financial Performance ConcernsOklo reported a 3Q25 operating loss that missed estimates, with a significant decline from the previous year.
Operational And Technological RisksBears would argue that fabrication cost, yield, and recycling data remain missing, and that until Oklo proves scalable, low-cost throughput, the model is more concept than margin.