Latest news with #OKLO
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3 hours ago
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Oklo Rallies on Seaport Buy Upgrade
Oklo (NYSE:OKLO) jumps 4.8% after Seaport Global upgraded the nuclear tech developer to Buy, citing strong project milestones and leadership enhancements. Seaport's Jeff Campbell set a $71 price target, arguing that Oklo's progress at the Idaho National Laboratory site and new CTO hire Pat Schweiger make it a standout in advanced nuclear. Warning! GuruFocus has detected 2 Warning Sign with OKLO. Oklo has wrapped up its drilling campaign at INL with a memorandum of agreement and an interface agreement with the Department of Energy, while also kicking off the NRC's Phase 1 combined license pre-application readiness assessment. The company has submitted a licensed operator topical report and is gearing up to file its licensing project plan for the Oklo Fuel Foundry, signaling management's confidence in regulatory momentum. Campbell flagged fuel availability as the key variable driving Oklo's upside, and noted the firm's eligibility for Defense Innovation Unit awards under the Advanced Nuclear Power for Installations programproof that Oklo has cleared technical gates and is vying to deploy its 15 MW Aurora microreactor at military bases. The upgrade comes after OKLO's stock surged 148% year-to-date, suggesting that fresh Buy-side conviction could fuel a second wave of gains. Why It Matters: As nuclear microreactors gain traction for remote power and defense use cases, Oklo's regulatory headway and DoE partnerships position it to capitalize on a growing demand for clean, resilient energy. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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3 hours ago
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Oklo Rallies on Seaport Buy Upgrade
Oklo (NYSE:OKLO) jumps 4.8% after Seaport Global upgraded the nuclear tech developer to Buy, citing strong project milestones and leadership enhancements. Seaport's Jeff Campbell set a $71 price target, arguing that Oklo's progress at the Idaho National Laboratory site and new CTO hire Pat Schweiger make it a standout in advanced nuclear. Warning! GuruFocus has detected 2 Warning Sign with OKLO. Oklo has wrapped up its drilling campaign at INL with a memorandum of agreement and an interface agreement with the Department of Energy, while also kicking off the NRC's Phase 1 combined license pre-application readiness assessment. The company has submitted a licensed operator topical report and is gearing up to file its licensing project plan for the Oklo Fuel Foundry, signaling management's confidence in regulatory momentum. Campbell flagged fuel availability as the key variable driving Oklo's upside, and noted the firm's eligibility for Defense Innovation Unit awards under the Advanced Nuclear Power for Installations programproof that Oklo has cleared technical gates and is vying to deploy its 15 MW Aurora microreactor at military bases. The upgrade comes after OKLO's stock surged 148% year-to-date, suggesting that fresh Buy-side conviction could fuel a second wave of gains. Why It Matters: As nuclear microreactors gain traction for remote power and defense use cases, Oklo's regulatory headway and DoE partnerships position it to capitalize on a growing demand for clean, resilient energy. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
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Why Oklo Inc. (OKLO) Soared On Wednesday
We recently published a list of . In this article, we are going to take a look at where Oklo Inc. (NYSE:OKLO) stands against other best-performing stocks. Shares of Oklo rallied for a fourth consecutive day on Wednesday, adding 2.49 percent to close at $55.24 apiece as investors cheered its partnership with a Korean company for the deployment of its advanced nuclear technology. In a statement, Oklo Inc. (NYSE:OKLO) said it signed a memorandum of understanding with Korea Hydro & Nuclear Power, a subsidiary of Korea Electric Power Corporation, to explore opportunities aimed at jointly advancing the standard design development and verification of Aurora powerhouses, manufacturability and constructability assessments, major equipment planning, as well as supply chain development. Copyright: nexusplexus / 123RF Stock Photo The collaboration also supports Oklo Inc.'s (NYSE:OKLO) deployment of a 75-MWe Aurora powerhouse at the Idaho National Laboratory site, which is currently undergoing a licensing process. Additionally, Oklo Inc. (NYSE:OKLO) plans to file follow-on applications to support its growing order pipeline, which exceeds 14 GW. Overall, OKLO ranks 9th on our list of best-performing stocks. While we acknowledge the potential of OKLO, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than OKLO and that has 10,000x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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30-05-2025
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Oklo vs. NuScale: Which Nuclear Startup Stock is the Better Player Now?
As the global clean energy sector continues to evolve, nuclear energy stocks like Oklo Inc. OKLO and NuScale Power Corporation SMR have started gaining attention. With rising government support and increased investment in small modular and advanced nuclear technologies, both companies are well-positioned to contribute to the future energy Oklo is focused on developing next-generation fission powerhouses and compact fast reactors that can recycle used nuclear fuel, NuScale is working on small modular reactors that use light water nuclear reactor technology to deliver carbon-free power. With industries across the board shifting toward clean and reliable energy and the U.S. nuclear capacity boasting the potential to triple by 2050, both OKLO and SMR have strong potential for long-term leads to a key question for investors: which of these two stocks to buy right now? Let's take a closer look. Recent Achievements: Oklo recently signed a Memorandum of Understanding (MOU) with Korea Hydro & Nuclear Power ('KHNP'), which should support the development and global deployment of its Aurora powerhouse by advancing design verification, manufacturing and supply-chain planning. In addition, the company successfully completed borehole drilling at the onset of May 2025 for site characterization at the Idaho National Laboratory (INL), marking another key milestone in the development of its first Aurora in March, the company signed an Interface Agreement with INL, to ensure its strict adherence to environmental regulations throughout the site investigation process, and also finalized a Memorandum of Agreement with the U.S. Department of Energy, as part of its progress toward deploying its first commercial powerhouse in in February, Oklo acquired Atomic Alchemy to combine its reactor and fuel recycling expertise with Atomic Alchemy's radioisotope production. The merger aims to meet the growing demand for radioisotopes across multiple industries and thereby enhance the company's market Stability: The company ended first-quarter 2025 with cash and cash equivalents (including marketable debt securities) worth $201 million, lower than its 2024-end figure of $228 million. However, as of March 2025, it did not report any notable debt. So, its financial stability seems to be solid at the moment, which, in turn, should enable Oklo to reliably fund its Aurora powerhouses, operations and growth plans in the coming to Note: One key concern for investors is that Oklo has not yet started generating revenues, as its first Aurora powerhouse is expected to go live in 2027. This means limited income in the near future. At the same time, the company continues to face high operating costs as it works to develop its reactors, which might put pressure on its bottom-line performance in the near term. Recent Achievements: NuScale Power ended the first quarter of 2025 on a solid note, with its loss per share being narrower than the prior-year quarter by 10 cents. The company also reported massive year-over-year revenue growth of 857.1%. Moreover, currently SMR is the only small modular reactor company with U.S. Nuclear Regulatory Commission (NRC) design approval and is on track to receive final clearance by July 2025 to upgrade its module output from 50 MW to 77 with NuScale in advanced discussions with around 10 potential customers, along with multiple customer site visits for its manufacturing facilities, its future revenue generation prospect remains Stability: The company ended first-quarter 2025 with cash and cash equivalents (including short-term investment) worth $527 million, higher than its 2024-end figure of $447 million. However, as of March 2025, the company did not report any notable debt. So, its financial stability seems to be solid at the moment, which, in turn, should enable SMR to reliably fund its operations and growth plans in the coming to Note: While NuScale's technology is advanced and customers are showing interest, it is yet to secure a firm commercial order (with its expectation of the first firm order this year) . NuScale continues to incur operating losses as it invests in supply-chain development and long-lead components that may hurt its bottom-line. Like others in the nuclear space, it also faces industry-wide challenges such as tight supply chains and complex project coordination, which an investor should consider before investing in SMR. The Zacks Consensus Estimate for Oklo's 2025 earnings per share (EPS) is pegged at a loss of 42 cents, which implies an improvement from the year-ago reported loss of 74 cents per share. The company's EPS estimates have also been trending upward over the past 60 days. Image Source: Zacks Investment Research The Zacks Consensus Estimate for SMR's 2025 EPS is pegged at a loss of 41 cents, which implies a deterioration from the year-ago reported earnings of 42 cents per share. The company's EPS estimates have been constant over the past 60 days. Image Source: Zacks Investment Research SMR (up 128.9%) has outperformed OKLO (up 88%) over the past three months. Yet, in the past year, OKLO rallied 437.4% compared with SMR's 306.1% growth. Image Source: Zacks Investment Research OKLO shares are expensive on a relative basis, with its trailing 12-month Price/Book (P/B TTM) being 28.55X compared with SMR's P/B TTM of 18.97X. Image Source: Zacks Investment Research While both companies operate in promising corners of the nuclear energy space, NuScale currently appears to be the more attractive investment Oklo, which is still in the pre-revenue stage, NuScale has already started generating revenues through its RoPower project in Romania. The company also has a much stronger cash position, giving it more financial flexibility to manage operations and support future growth. Additionally, NuScale's valuation is more favorable, suggesting the stock may be more reasonably has shown notable development, but the lack of revenues and continued operating losses might encourage investors to keep a cautious stance on this stock for the time being. For investors looking for a nuclear stock with solid liquidity and near-term growth potential, NuScale stands out as the better choice for Oklo and NuScale Power carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NuScale Power Corporation (SMR) : Free Stock Analysis Report Oklo Inc. (OKLO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
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Beware of OKLO Stock as Executive Orders Ignite Nuclear Sector
Nuclear reactor developer Oklo (OKLO) has experienced a share price increase of over 35% in recent days, following an executive order issued by President Trump. The order aims to strengthen the U.S. nuclear energy industry by prioritizing the development of new reactors and increasing domestic uranium production to enhance energy security, particularly in response to the projected rise in electricity demand from AI-driven data centers. The emphasis on more cost-effective and scalable small modular reactors (SMRs) aligns closely with Oklo's Aurora Powerhouse initiative. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter In addition, the company reported a strong first quarter for 2025, surpassing analyst expectations with a smaller-than-expected loss. Although still pre-revenue, Oklo is demonstrating sound financial management and making meaningful operational progress toward its planned commercial launch in 2026. With global demand for clean and dependable energy continuing to rise, Oklo is strategically positioned to contribute to this evolving sector through its innovative technology and growing network of partnerships. That said, the recent surge in share price appears to have already priced in much of this optimism. I currently maintain a neutral stance on the stock in the near term and prefer to monitor developments as the company approaches revenue generation. In the first quarter, Oklo reported no revenue, as expected at this stage of its development. However, the company posted a net loss of $0.07 per share, which came in ahead of analyst expectations ranging from $0.08 to $0.10 per share and marked a significant improvement from the $4.79 per share loss reported in the same quarter last year. The company continues to demonstrate disciplined cash management, with $12.2 million used in operations during the quarter. Management reaffirmed its full-year cash burn guidance of $65 million to $80 million. Oklo remains in a strong financial position, ending the quarter with $261 million in cash and no debt, providing a solid runway as it progresses toward its anticipated first revenues in early to mid-2026. Oklo has recently made progress on several fronts. Its flagship Aurora powerhouse project at the Idaho National Laboratory continued to advance through the regulatory process, recently securing key environmental and site-use permits. Licensing activities with the Nuclear Regulatory Commission also progressed, with fuel facility safety reviews moving forward. The company's acquisition of Atomic Alchemy potentially diversifies Oklo's future revenue streams by allowing it to produce and sell high-value radioisotopes alongside its core energy business. The acquisition also establishes a more reliable domestic supply chain for critical materials, reducing dependence on foreign sources and addressing shortages in healthcare, research, and industrial sectors. Oklo was recently selected as one of just eight qualified vendors for the U.S. Department of Defense's Advanced Nuclear Power program. This positions it for potential defense contracts, an important market segment for advanced nuclear technology. The company also highlighted its landmark non-binding Master Power Agreement with Switch, a major data center operator. This agreement, which could deploy up to 12 gigawatts of advanced nuclear power through 2044, represents one of the more significant corporate clean power agreements in the industry and firmly positions Oklo as a key power provider for AI and cloud infrastructure. Further, the company recently established a strategic partnership with RPower to develop a phased power model for data centers. This collaboration addresses the rapidly growing demand for efficient and flexible energy solutions to power computationally intensive AI applications. Finally, in April, Oklo announced that Sam Altman, CEO of OpenAI and an Oklo investor, would step down as board chair. With Altman's departure from the Oklo board, removing conflicts of interest, a power agreement between Oklo and OpenAI seems increasingly likely. Such a partnership would provide strong validation for Oklo's technology and could accelerate its growth trajectory. Looking ahead, Oklo remains committed to advancing its Aurora Powerhouse through the regulatory approval process, with construction slated to begin once all necessary permits are secured. The company continues to target initial revenue generation in the early to mid-2026 timeframe. A major strategic priority is expanding Oklo's customer pipeline, which now exceeds 14 gigawatts in potential demand. The company is actively pursuing long-term power purchase agreements with data centers, industrial operators, and defense installations—sectors characterized by increasing needs for clean, reliable energy. Oklo's build-own-operate business model is designed to deliver recurring revenue with attractive margins by deploying scalable, modular reactor technology. This differentiated approach stands in contrast to traditional nuclear projects and may offer enhanced financial predictability and return on investment once commercial operations commence. OKLO stock carries a Moderate Buy consensus rating based on five Buy, three Hold, and zero Sell ratings over the past three months. OKLO's average stock price target of $54.40 implies less than 1% upside potential over the next twelve months. Analysts following the company have had mixed reactions to recent developments. Wedbush analyst Daniel Ives increased Oklo's price target to $55, emphasizing the potential boost from executive orders by Donald Trump. This support could accelerate Oklo's timeline for regulatory approvals and commercial plant deployment, with expectations of increased federal funding and streamlined processes. Conversely, BTIG analyst Gregory Lewis and Citi analyst Vikram Bagri maintain a Hold rating on Oklo, highlighting ongoing regulatory challenges and reliance on limited HALEU fuel sources. While recent executive orders have provided positive momentum, these analysts note that Oklo's long-term potential is being hindered by current uncertainties and operational hurdles, suggesting that the market has already factored in much of the recent optimism. There is a lot to like about an opportunity to invest in a leader in the clean energy transition, and Oklo offers exposure to the growth of advanced nuclear energy, as well as the significant increase in power demand from AI infrastructure. The company's narrowing losses, strong partnerships, and strategic positioning suggest it may be well-positioned to capitalize on these converging opportunities as it approaches commercialization in 2026. However, investors should recognize that the company remains pre-revenue, with first commercial operations still approximately a year away. Regulatory uncertainty and potential timeline slippage represent key risks, as does the competitive landscape in advanced nuclear technology. Oklo is an investment suitable for investors with a high risk tolerance and a long-term investment horizon. Its recent performance indicates growing market confidence in its ability to deliver on its targets. However, volatility is likely to persist in the short term, and I prefer to remain on the sidelines until the firm is closer to commercialization. Disclaimer & DisclosureReport an Issue Sign in to access your portfolio
