Shares of Oklo (OKLO) are sliding lower in after-hours trading after the nuclear energy company reported a worse-than-expected financial loss.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
The company, founded in 2013 by two graduates of the Massachusetts Institute of Technology (MIT), reported a third-quarter net loss of $0.20 per share, widening from a loss of $0.08 a year earlier. Analysts had expected a $0.15 per share loss in Q3.
The company currently generates no revenue. Oklo is in the process of developing compact nuclear reactors with the aim of providing clean, safe, and affordable energy that is easily deployable at artificial intelligence (AI) data centers and other locations.
Government Collaborations
OpenAI co-founder Sam Altman was previously chair of Oklo’s board of directors. In its earnings release, Oklo said that it continues to work with the U.S. Department of Energy (DOE) on its first nuclear energy project located in Idaho.
The company also said that it is expanding its existing collaboration with the Idaho National Laboratory on advanced nuclear fuels and materials. Prior to its Q3 print, OKLO stock had risen 390% in 2025.
Is OKLO Stock a Buy?
The stock of Oklo has a consensus Moderate Buy rating from 13 Wall Street analysts. That rating is based on six Buy and seven Hold recommendations issued in the last three months. The average OKLO price target of $122.56 implies 17.60% upside from current levels. These ratings could change after the company’s financial results.
