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Oklo Inc. Class A (OKLO)
:OKLO
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Oklo Inc
(NYSE:OKLO)
Rating:42Neutral
Price Target:―
Positive Factors
Business Model
The analyst upgrades Oklo to an Outperform rating, indicating a positive outlook on Oklo’s business model due to elevated power prices and policy incentives.
Market Demand
Rising market demand for off-grid energy supply presents an opportunity for Oklo, evidenced by their strategic alliance with Liberty Energy on combined power solutions.
Regulatory Approval
Favourable policies emerging from the AI Action Plan are seen as a positive signal for a potential acceleration in the Nuclear Regulatory Commission license approval process for Oklo.
Negative Factors
Regulatory Challenges
Key downside risks include potential delays in NRC approval and worse-than-expected competition in the advanced nuclear reactor industry.
Regulatory Impediments
The overburdensome regulatory regime is the largest impediment to the nuclear industry, especially impacting SMRs like Oklo's.
Oklo Inc (OKLO) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$12.29B
Dividend YieldN/A
Average Volume (3M)18.47M
Price to Earnings (P/E)―
Beta (1Y)1.59
Revenue GrowthN/A
EPS Growth-2747.57%
CountryUS
Employees120
SectorUtilities
Sector Strength86
IndustryRegulated Electric
Share Statistics
EPS (TTM)-0.07
Shares Outstanding146,197,140
10 Day Avg. Volume23,162,248
30 Day Avg. Volume18,467,814
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.23
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-44.38K
Enterprise Value/Ebitda-44.29
Forecast
1Y Price Target
$63.78Price Target Upside-24.15% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Oklo Inc Business Overview & Revenue Model
Company DescriptionOklo Inc. designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.
How the Company Makes MoneyOklo Inc generates revenue primarily through the development, sale, and operation of its advanced nuclear reactors. The company secures contracts with utilities and industrial customers who require stable and sustainable energy solutions. Oklo's reactors are designed to be deployed in a variety of settings, offering flexibility to its clients. Additionally, Oklo may engage in strategic partnerships with governments and private entities to further expand its market reach and technological capabilities. Revenue streams are further enhanced by providing long-term operational support and maintenance services for the reactors, ensuring a continuous relationship with clients.
Oklo Inc Earnings Call Summary
Earnings Call Date:May 13, 2025
(Q1-2025)
| % Change Since: 162.54%|
Next Earnings Date:Aug 11, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted Oklo's strategic partnerships and government support, positioning it well for future growth. However, financial losses and regulatory challenges pose significant hurdles. The company is navigating a complex landscape with promising government backing, but faces operational and strategic uncertainties.Q1-2025 Updates
Positive Updates
Strategic Government Support for Nuclear
The current administration has emphasized nuclear energy as a strategic priority, with several executive orders aimed at regulatory reform and fast-tracking nuclear projects.
Partnership with Department of Defense
Oklo has been selected as a qualified vendor for the Department of Defense's Advanced Nuclear Power for Installations program, reinforcing its credibility and opening new deployment opportunities.
Fuel Supply and Recycling Strategy
Oklo is the only advanced nuclear company with secured HALEU for its first commercial plant and has signed an MOU with Centrus for a reliable future supply, positioning itself strongly in the market.
Acquisition of Atomic Alchemy
The acquisition expands Oklo's reach into the high-growth radioisotope market, providing a capital-light opportunity for near-term revenue and long-term market leadership.
Financial Stability
Oklo reported a cash and marketable securities balance of $260.7 million, aligning with its guidance for cash used in operations for 2025.
Successful Milestone Completion
Completion of a comprehensive drilling campaign at Idaho National Laboratory, supporting licensing efforts for the Aurora powerhouse.
Negative Updates
Operating Losses
Oklo reported a first-quarter operating loss of $17.9 million, with net interest income only partially offsetting this, resulting in a loss before income taxes of $14.2 million.
Regulatory Challenges
Although progress has been made, the licensing process with the NRC remains complex, with anticipated gaps and feedback that will need to be addressed.
Fuel Supply Risks
Despite the MOU with Centrus, the future commercial procurement of HALEU is contingent upon developing the right structures and ramp rates, indicating potential supply chain risks.
Company Guidance
The call provided extensive guidance on Oklo's strategic focus and progress, highlighting numerous metrics and developments. Oklo aims to deploy its Aurora powerhouses, targeting a commercial start between late 2027 and early 2028. The company plans to leverage a build, own, and operate model, with a customer pipeline exceeding 14 gigawatts across sectors like data centers and defense. Financially, Oklo reported a first-quarter operating loss of $17.9 million, with a cash burn on track to meet the full-year guidance of $65 million to $80 million. Cash and marketable securities totaled $260.7 million at the end of the quarter. On the regulatory front, Oklo is in the pre-application readiness phase for its Aurora INL powerhouse and has made substantial progress in licensing, including advancing its Oklo Fuel Foundry licensing project plan. The company is also exploring strategic partnerships and has recently been selected as a qualified vendor for the Department of Defense's Advanced Nuclear Power for Installations program. Additionally, Oklo's acquisition of Atomic Alchemy is expected to drive near-term revenue in the radioisotope market, with the VIPR facility projected to operate by 2028.Oklo Inc Financial Statement Overview
Summary
Oklo Inc. is facing significant financial challenges with no revenue generation and consistent net losses. Despite a strong equity position, the lack of revenue and negative cash flow are critical concerns that undermine financial stability.Income Statement
Oklo Inc has reported no revenue over the periods, indicating potential challenges in sales or product launch. The company continues to incur significant losses with negative EBIT and net income, highlighting ongoing operational challenges. The lack of revenue growth and persistent net losses indicate financial instability at present.10
Very Negative
Balance Sheet
The company has a strong equity position with a substantial stockholders' equity compared to its total assets, indicating a solid capital base. However, the presence of high liabilities relative to zero revenue and negative income poses a risk. The debt-to-equity ratio is low, suggesting limited leverage, which is a positive aspect in terms of financial risk.45
Neutral
Cash Flow
Oklo Inc is experiencing negative free cash flow, reflecting higher expenses and investment than cash generation. The negative operating cash flow relative to net income indicates cash constraints. Without substantial revenue, the company faces challenges in improving its cash flow position.20
Very Negative
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -268.00K | 0.00 | 0.00 | 0.00 |
| EBITDA | -72.67M | -18.56M | -9.99M | -5.16M |
| Net Income | -73.62M | -32.17M | 3.93M | -1.06M |
Balance Sheet | ||||
| Total Assets | 281.74M | 14.88M | 510.14M | 504.72M |
| Cash, Cash Equivalents and Short-Term Investments | 227.81M | 9.87M | 3.58M | 3.34M |
| Total Debt | 1.28M | 46.14M | 304.18K | 494.32K |
| Total Liabilities | 30.88M | 49.25M | 19.40M | 17.90M |
| Stockholders Equity | 250.86M | -34.36M | 490.74M | 486.82M |
Cash Flow | ||||
| Free Cash Flow | -38.74M | -16.08M | -1.10M | -1.94M |
| Operating Cash Flow | -38.39M | ― | -954.69K | -1.88M |
| Investing Cash Flow | -175.77M | ― | 1.20M | -500.00M |
| Financing Cash Flow | 301.43M | 16.29K | 9.35M | 505.22M |
Oklo Inc Technical Analysis
Positive
84.09
Price Trends
60.59
Positive
43.61
Positive
35.88
Positive
Market Momentum
5.96
Negative
68.72
Neutral
76.36
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OKLO, the sentiment is Positive. The current price of 84.09 is above the 20-day moving average (MA) of 68.05, above the 50-day MA of 60.59, and above the 200-day MA of 35.88, indicating a bullish trend. The MACD of 5.96 indicates Negative momentum. The RSI at 68.72 is Neutral, neither overbought nor oversold. The STOCH value of 76.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OKLO.
Oklo Inc Risk Analysis
Oklo Inc disclosed 57 risk factors in its most recent earnings report. Oklo Inc reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Oklo Inc Peers Comparison
Overall Rating
UnderperformOutperform
Sector (67)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $5.99B | 29.41 | 6.36% | 2.80% | 10.23% | 114.67% | |
69 Neutral | $1.87B | 18.72 | 5.84% | 2.93% | -9.99% | -73.66% | |
69 Neutral | $4.64B | 15.48 | 8.02% | 4.89% | 9.78% | -6.19% | |
67 Neutral | $17.68B | 17.88 | 6.85% | 3.51% | 6.34% | 4.32% | |
65 Neutral | $542.01M | 35.58 | 9.13% | 1.49% | -0.18% | 8.88% | |
56 Neutral | $4.61B | 31.78 | 2.89% | 6.81% | -19.56% | -83.31% | |
42 Neutral | $12.29B | ― | -20.99% | ― | ― | -2747.57% |
* Utilities Sector Average
Performance Comparison
OKLO
Oklo Inc
84.09
76.81
1055.08%
GNE
Genie Energy Commo
20.43
4.76
30.38%
TXNM
TXNM Energy
56.83
17.40
44.13%
POR
Portland GE
42.39
-2.07
-4.66%
ENIC
Enel Chile SA
3.28
0.78
31.20%
CEPU
Central Puerto SA
12.32
4.05
48.97%
Oklo Inc Corporate Events
Executive/Board Changes
Sam Altman Resigns as Chair of Oklo Inc
Neutral
Apr 22, 2025
On April 22, 2025, Sam Altman announced his resignation as Chair and Class II director of Oklo Inc.’s board, effective immediately. His departure was not due to any disagreements with the company’s operations, policies, or practices.
Spark’s Take on OKLO Stock
According to Spark, TipRanks’ AI Analyst, OKLO is a Underperform.
Oklo Inc. is under significant financial pressure, with no revenue and consistent losses being major drawbacks. Technical indicators show bearish momentum, and the negative P/E ratio highlights profitability concerns. While strategic partnerships and technological advancements are promising, they have yet to translate into financial stability or stock performance improvement.
To see Spark’s full report on OKLO stock, click here.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.