Oklo is an advanced nuclear company developing small fast-fission powerhouses for data centers, industrial customers, and remote power needs. The stock thesis is speculative: AI energy demand and regulatory progress versus zero current revenue and execution risk.
Oklo Inc. (OKLO) Stock Price & Market Analysis
OKLO · NYSE · Independent Power Producers
Market closedLatest available session print
$26.84
▲ +$3.29(+13.97%)4:00 PM ET - vs previous closeQuote as of Nov 9, 2026, 4:00 PM EST
Regular-session close · Nov 9, 2026, 4:00 PM EST.
Last session82%
$22.73L Nov 9 '26$27.73H Nov 9 '26
52-week range8%
$18.54L Nov 5 '26$117.44
Long-term rangesAvailable historyHide
Available history(2021-07-08)11%
$5.35L Sep 9 '24$193.84H Oct 15 '25
Historical range: 2021-07-08–2026-11-06. Earlier trading may not be included.
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Data dates
PriceDelayedLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
Reported fundamentals
OKLO financial overview
Annual revenue
Not reported
Sales for the fiscal year ended Dec 31, 2025. This is not trailing twelve-month revenue.
Revenue change
Not comparable
Change versus the fiscal year ended Dec 31, 2024.
Net profit margin
Not reported
Net income divided by revenue for the fiscal year ended Dec 31, 2025. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · ProfileAbout Oklo Inc. (OKLO)Sector, leadership, and how Oklo Inc. earns its revenue.Utilities
Oklo Inc.
NYSE · OKLO · US
Company overview.
- Sector
- Utilities
- Industry
- Independent Power Producers
- Headquarters
- Santa Clara, CA, United States
- Country
- US
- Founded
- 2021
- Employees
- 215
- CEO
- Jacob DeWitte
- Exchange
- NYSE
How Oklo Inc. makes money
Aurora
Small reactors for dedicated power
Oklo is designing compact fast-fission powerhouses intended to provide reliable electricity for large loads such as AI data centers and industrial sites.
Business model
Power-as-a-service rather than reactor sales
The company aims to own and operate plants, selling electricity through long-term contracts instead of only selling hardware.
AI energy
Data-center demand is the narrative catalyst
Rising AI electricity needs could increase demand for clean, reliable power alongside intermittent generation.
Regulation
Licensing is the gating item
Oklo needs NRC approval, fuel availability, site execution, and customer contracts before the thesis can become revenue.
Key takeaways for OKLO
OKLO is a high-risk nuclear infrastructure option on AI power demand.
The bull case requires regulatory progress and credible long-term offtake agreements.
The bear case is simple: valuation can get far ahead of a business with no meaningful current revenue.
Business model & operating resultsExplore business exposure, reported operating measures and the figures behind growth and profitability claims.
Narrative versus numbers
The business generates cash after investment
Contradicting observation: USD -199.46M
Latest free cash flow from the statement feed. It is not a forecast and may cover a different period from the fiscal-year figures above. · Source timestamp: Sep 30, 2026
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $1.86Mquarter ended Sep 30, 2026
- Operating margin
- -3816.1%quarter ended Sep 30, 2026
- EPS
- -$0.22quarter ended Sep 30, 2026
- Capital expenditure
- $153.97Mquarter ended Sep 30, 2026
- Free cash flow
- -$199.46Mquarter ended Sep 30, 2026
- Free cash flow margin
- -10717.6%quarter ended Sep 30, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
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