OKLO
Oklo Inc.

Oklo Inc.OKLO

Utilities · Utilities - Independent Power Producers
40.45USD
+0.67%
Sep 23, 2026
OKLO overview ready
Oklo is a developer and prospective build-own-operate provider of advanced fast-fission power plants, with supplementary fuel-fabrication, recycling, and isotope businesses.
Strong narrative exposure
Exposed to the Dispatchable Power for Large Loads narrative through SMR and Microreactor Developers — pure play.
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Valuation not measured
Fundamentals under pressure
Ev / sales is weak.
Primary risk
Regulatory approval and licensing challenges.
Market Sep 22Price action Sep 22Research Sep 18

Conviction Level

NarrativeHeat9.1ThemeHeat7.1PriceAction1.4Valuation0.3CompanyPosition9.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$7.0B
Avg Volume (60D)
10.1M
60 sessions
Gross Margin
+40.4%
Free Cash Flow Yield
-3.4%
Distance from 200DMA
-34.7%
Next Earnings
2026-11-10
P/E
N/M
EV / Sales
3778.3x
Market metrics as of Sep 22, 2026

Fundamentals & Valuation

Both valuation perspectives agree this company is expensive.
Oklo Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of what comparable businesses command.

Company Research

Thesis
Oklo is a developer and prospective build-own-operate provider of advanced fast-fission power plants, with supplementary fuel-fabrication, recycling, and isotope businesses. Oklo is a direct, high-beta exposure to the need for firm power for data centers, industrial load, and remote or security-sensitive facilities.
Opportunity
High opportunity
Development and deployment of small modular and microreactor nuclear plants to provide firm, long-duration electricity where large customers need power that is reliable, clean, and less constrained by grid buildout timelines.
Key risk
Regulatory approval and licensing challenges.

Narrative & Theme

Dispatchable Power for Large Loads
Part of SMR and Microreactor Developers, with strong fit.
Oklo is a direct, high-beta exposure to the need for firm power for data centers, industrial load, and remote or security-sensitive facilities.
Narrative HeatHot9.1 / 10
Theme HeatHeating up7.1 / 10

Business & Markets

Utilities · Utilities - Independent Power Producers
What they do

Oklo Inc. develops and commercializes small modular fission power plants and nuclear fuel recycling technology to provide scalable energy solutions in the United States.

How it earns

Project-based revenue from the sale and deployment of nuclear power plants and related fuel technologies.

Products & services
Aurora Powerhouse microreactor
Nuclear fuel recycling and fuel fabrication technology
Customers & end markets
Utility companies
Independent power producers
U.S. energy market
Market position

Niche player focused on advanced microreactor technology and nuclear fuel recycling within the emerging small modular reactor market.

Demand drivers
Low cyclicality

Demand for clean, reliable energy solutions is relatively stable and driven by long-term energy infrastructure needs.