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Oklo Inc (OKLO)
NYSE:OKLO
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Oklo Inc
(NYSE:OKLO)
42Neutral
Positive Factors
Market Expansion
Oklo's commercial pipeline has expanded 20x over the past 18 months to 14+ GWs driven by key partnerships including with data center leaders Equinix and Switch.
Nuclear Energy Innovation
OKLO's molten metal reactor design is expected to be safer and more efficient than existing conventional light water designs.
Strategic Partnerships
Oklo is exploring strategic partnerships with leading AI companies, including potentially with OpenAI, which could provide new growth opportunities.
Negative Factors
Financial Performance
4Q24 Results showed an EBIT of -$15.4mm driven by higher operational expenses, especially R&D.
Insider Activity
Recent insider sales at Oklo, combined with the chairman transition, could cause investor concern.
Leadership Changes
Sam Altman's abrupt departure and its timing caught investors off guard, leading to an expected negative initial reaction.
Oklo Inc (OKLO) vs. S&P 500 (SPY)
Market Cap
$3.99B
Dividend YieldN/A
Average Volume (3M)11.35M
Price to Earnings (P/E)―
Beta (1Y)1.52
Revenue GrowthN/A
EPS Growth-2747.57%
CountryUS
Employees120
SectorFinancial
Sector Strength87
IndustryRegulated Electric
Share Statistics
EPS (TTM)-0.09
Shares Outstanding139,192,600
10 Day Avg. Volume9,217,458
30 Day Avg. Volume11,346,958
Financial Highlights & Ratios
PEG Ratio-0.75
Price to Book (P/B)10.90
Price to Sales (P/S)0.00
P/FCF Ratio-144.45
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$47.00Price Target Upside67.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Oklo Inc Business Overview & Revenue Model
Company DescriptionOklo Inc (OKLO) is a pioneering company in the energy sector, specializing in the design and deployment of advanced, compact nuclear reactors. These reactors are designed to provide reliable, clean, and cost-effective energy solutions. Oklo's innovative approach focuses on utilizing waste nuclear material as fuel, aiming to revolutionize the nuclear energy landscape and contribute to sustainable energy practices.
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 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 concerning, indicating financial instability.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 | |||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|
| Income Statement | Total Revenue | ||
| 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -62.83K | 0.00 | 0.00 | 0.00 | EBIT |
| -46.45M | -18.64M | -1.81M | -1.18M | EBITDA |
| -45.21M | -18.56M | -10.00M | -5.16M | Net Income Common Stockholders |
| -48.07M | -32.17M | 3.93M | -1.06M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||
| 227.81M | 9.87M | 3.58M | 3.34M | Total Assets |
| 281.74M | 14.88M | 510.14M | 504.72M | Total Debt |
| 1.28M | 46.14M | 304.18K | 494.32K | Net Debt |
| -95.85M | 36.27M | -3.27M | -2.84M | 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 | ||
| -21.53M | -16.08M | -1.10M | -1.94M | Operating Cash Flow |
| -21.35M | ― | -954.69K | -1.88M | Investing Cash Flow |
| -175.77M | ― | 1.20M | -500.00M | Financing Cash Flow |
| 516.98K | 16.29K | 9.35M | 505.22M |
Oklo Inc Technical Analysis
Positive
28.09
Price Trends
25.13
Positive
29.44
Negative
21.40
Positive
Market Momentum
0.67
Negative
58.41
Neutral
75.51
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 28.09 is above the 20-day moving average (MA) of 24.32, above the 50-day MA of 25.13, and above the 200-day MA of 21.40, indicating a bullish trend. The MACD of 0.67 indicates Negative momentum. The RSI at 58.41 is Neutral, neither overbought nor oversold. The STOCH value of 75.51 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 (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $448.09M | 29.24 | 9.13% | 1.81% | -0.18% | 8.88% | |
73 Outperform | $4.66B | 14.83 | 8.33% | 4.71% | 11.83% | 9.53% | |
70 Outperform | $4.90B | 23.52 | 8.37% | 3.01% | 10.10% | 149.78% | |
68 Neutral | $5.42B | 30.32 | 3.67% | 5.65% | -12.73% | -74.65% | |
64 Neutral | $1.63B | 28.71 | 3.52% | 2.99% | -14.28% | -85.93% | |
64 Neutral | $12.60B | 9.73 | 7.92% | 16985.68% | 12.21% | -5.61% | |
42 Neutral | $3.99B | ― | -17.61% | ― | ― | -2747.57% |
* Financial Sector Average
Performance Comparison
OKLO
Oklo Inc
28.09
18.32
187.51%
GNE
Genie Energy Commo
16.59
1.52
10.09%
TXNM
TXNM Energy
52.89
16.22
44.23%
POR
Portland GE
42.44
-0.36
-0.84%
ENIC
Enel Chile SA
3.96
1.10
38.46%
CEPU
Central Puerto SA
11.84
2.13
21.94%
Oklo Inc Earnings Call Summary
Earnings Call Date:Mar 24, 2025
(Q4-2024)
| % Change Since: -9.12%|
Next Earnings Date:May 13, 2025
Earnings Call Sentiment Positive
The earnings call highlighted Oklo Inc.'s strategic partnerships, regulatory advancements, and financial stability, while acknowledging past regulatory setbacks and fuel supply challenges. The company's strong customer demand and technological advancements position it well for future growth.Q4-2024 Updates
Positive Updates
Major Partnership Agreements
Oklo Inc. secured significant partnerships, including a 12-gigawatt master power agreement with Switch and a 500-megawatt partnership with Equinix, indicating strong demand for its nuclear solutions.
Regulatory and Technological Advances
Progress on the Aurora Powerhouse project at Idaho National Lab, including key DOE approvals and an environmental compliance permit secured. Oklo Inc. has secured high assay low enriched uranium (HALEU) fuel for its first deployment.
Strategic Acquisitions and Expansions
Completed the acquisition of Atomic Alchemy, expanding into the radioisotope market which is projected to exceed $55 billion by 2026.
Financial Position and Growth
Oklo Inc. reported a cash and marketable securities balance of $275.3 million, driven by proceeds from a business combination, and generated $7.7 million in interest income.
Increased Power Output Capability
Expanded powerhouse offering to support up to 75 megawatts of power output, enhancing flexibility and customer service.
Negative Updates
Operating Loss
Reported a full-year operating loss of $52.8 billion, including significant non-cash expenses related to stock-based compensation and earn-out shares.
Regulatory Setbacks
Past regulatory challenges with the NRC, including the rejection of an application due to information gaps.
Fuel Supply Constraints
Challenges in securing long-term HALEU fuel supply, which is critical for future deployments.
Company Guidance
During the call, Oklo Inc. provided guidance that highlighted its strategic advancements and financial outlook for the future. The company emphasized its transformative achievements in 2024, including a significant 12-gigawatt master power agreement with Switch and a 500-megawatt partnership with Equinix. Oklo Inc.'s scalable powerhouse designs can now deliver up to 75 megawatts, optimizing their financial performance and meeting growing energy demands. The company has effectively secured its initial fuel supply for the first core load at Idaho National Lab, with plans to expand access for future deployments. In terms of financials, Oklo Inc. reported a full-year operating loss of $52.8 billion, which included non-cash expenses, while cash used in operating activities was $38.4 million. Looking forward to 2025, they project cash used in operations to be between $65 million and $80 million, driven by headcount increases and procurement activities. The company is well-capitalized, ending the year with $275.3 million in cash and marketable securities.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
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
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.