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
Last confirmed priceEarlier session print
$27.01
▼ -$0.7200(-2.60%)4:00 PM ET - vs previous closeQuote as of Oct 22, 2026, 4:00 PM EDT
Regular-session close · Oct 22, 2026, 4:00 PM EDT.
Last session75%
$26.31L Oct 22 '26$27.24H Oct 22 '26
52-week range1%
$26.31L Oct 22 '26$152.06
Long-term rangesAvailable historyHide
Available history(2021-07-08)11%
$5.35L Sep 9 '24$193.84H Oct 15 '25
Historical range: 2021-07-08–2026-10-22. Earlier trading may not be included.
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Data dates
PriceDelayedLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Nov 10, 2026Next earningsConfirmed
Countdown
19 days out
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
- Mr. 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 evidenceExplore business exposure, reported operating measures and the evidence behind growth and profitability claims.
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Insufficient evidence: Unavailable
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · Date unavailable
Growth produces accounting profit
Insufficient evidence: Unavailable
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · Date unavailable
The business generates cash after investment
Contradicting observation: USD -141.68M
Latest reported free cash flow. It is not a forecast and may cover a different period from the fiscal-year figures above. · 2026-06-30
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
- $1.21Mquarter ended Jun 30, 2026
- Operating margin
- -6048.8%quarter ended Jun 30, 2026
- EPS
- -$0.28quarter ended Jun 30, 2026
- Capital expenditure
- $94.09Mquarter ended Jun 30, 2026
- Free cash flow
- -$141.68Mquarter ended Jun 30, 2026
- Free cash flow margin
- -11709.3%quarter ended Jun 30, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Reviewed company relationships
Direct competitors, industry comparables and thematic alternatives have different uses. Compare fiscal periods and business mix before comparing multiples.
Company-specific relationship evidence is not included in this snapshot. Explore the industry comparisons below without assuming that every comparable is a direct competitor.
A disclosed relationship is historical evidence, not a current valuation or a recommendation.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
Research tools
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Regular hours: 9:30 AM–4:00 PM America/New_York
Next open: 2026-10-23 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
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