Latest news with #Oklo
Yahoo
15 hours ago
- Business
- Yahoo
Why Oklo Stock Popped on Thursday
Key Points Oklo announced it has completed a "pre-application readiness assessment" for its first NRC reactor license. The company plans to file its application for a license for Phase 1 of its construction plan later this year. Oklo anticipates getting the reactor on line and generating revenue in 2027. 10 stocks we like better than Oklo › Oklo (NYSE: OKLO) stock jumped 4% through 1:20 p.m. ET Thursday after the small nuclear reactor-builder announced it has completed its Nuclear Regulatory Commission (NRC) "pre-application readiness assessment" for the first part of a combined license application (COLA) to build its "Aurora powerhouse" at Idaho National Laboratory (INL). What does this mean? Translated into English, this means Oklo is one step closer to building a small modular reactor at INL. More precisely, it's one step closer to being able to apply for permission to build said reactor. (Whether NRC deems the application worthy of approval remains to be seen.) Put this way, it's less of a needle-mover for the stock, but as Oklo CEO Jacob DeWitte explained, it does indicate that NRC thinks Oklo is on track to file an application with a decent chance of getting it approved. The next step for Oklo along this journey to approval (now underway for nearly a decade) will be to submit its COLA application, and that should happen later this year. Is Oklo stock a buy? Oklo's still a long way away from becoming a viable business, although it's 10 years closer than when it started. Long term, the company intends to build reactors in-house, place them on sites near its customers, then operate the reactors and supply power, charging for electricity much in the same way an ordinary electric utility does. If all goes as planned, the company's first reactor will go online in 2027, and the company will begin generating revenue that year. Oklo won't turn profitable until 2030, however, according to analysts. Whether the stock is a "buy" at its current $10 billion market cap depends very much on how much profit it will generate that year, and in all the years to come. Should you invest $1,000 in Oklo right now? Before you buy stock in Oklo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Oklo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,281!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,050,415!* Now, it's worth noting Stock Advisor's total average return is 1,058% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Oklo Stock Popped on Thursday was originally published by The Motley Fool
Yahoo
2 days ago
- Business
- Yahoo
Oklo Stuns (OKLO) Wall Street with 203% YTD Gain
We recently published . Oklo Inc. (NYSE:OKLO) is one of the top-performing mid-cap companies of the first half of the year. Oklo shares jumped by 203 percent year-to-date, finishing at $64.37 on Wednesday versus the $21.23 finish on December 31, as investor sentiment was boosted by a flurry of catalysts, including rosy prospects from the AI sector, alongside company-specific developments. Among the leads, Oklo Inc. (NYSE:OKLO) largely benefited from US President Donald Trump's two executive orders, which aim to ramp up the utilization of nuclear reactor technologies to support the growing power demand and national security. Additionally, Oklo Inc. (NYSE:OKLO) was tapped by the Defense Logistics Agency Energy (DLA Energy) to provide clean, reliable power through the deployment of an Aurora powerhouse at the Air Force installation selected for the project. A fleet of cars plugged into a fleet-scale charging station, highlighting the company's advanced fleet energy management solutions. Under the terms of the anticipated agreement, Oklo Inc. (NYSE:OKLO) would design, construct, own, and operate the power plant, delivering both electricity and heat to the DAF's preferred installation, Eielson Air Force Base in Alaska, under a long-term power purchase agreement. While we acknowledge the potential of OKLO as an investment, 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Business Wire
2 days ago
- Business
- Business Wire
Oklo Advances Licensing with Completion of NRC Readiness Assessment
SANTA CLARA, Calif.--(BUSINESS WIRE)--Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, has announced the successful completion of the U.S. Nuclear Regulatory Commission's (NRC's) pre-application readiness assessment for Phase 1 of the combined license application (COLA) for Oklo's first commercial Aurora powerhouse at Idaho National Laboratory (INL). The NRC's observations affirmed Oklo's readiness to move forward, with no significant gaps identified that would hinder acceptance of the application. Observations were also provided that will help Oklo finalize the application to support an efficient and effective review process. 'We view this assessment as a productive engagement tool that moves our licensing and permitting work forward,' said Jacob DeWitte, Co-Founder and CEO of Oklo. 'Our team has worked closely with the NRC to build a clear, efficient licensing pathway, and this is a good signal that we are on track.' Oklo has proactively engaged with the NRC since 2016 and has completed a broad range of pre-application activities, including securing an approved Quality Assurance Program Description and advancing critical licensing elements such as safety analysis, component classification, and operational protocols. The completion of this assessment reflects both Oklo's innovative approach to licensing and the NRC's broader commitment—reinforced by the ADVANCE Act and recent Executive Orders—to modernize regulatory processes and enable the timely deployment of advanced nuclear technologies. Notably, the NRC's move to support standardized environmental review templates for reactor and site characteristics marks a meaningful step toward repeatable, accelerated licensing for advanced reactors. Oklo plans to submit the first phase of the Aurora-INL COLA this year. Oklo's licensing strategy supports the efficient and repeatable deployment of its Aurora powerhouses, enabling future follow-on applications to serve its growing pipeline of commercial and Federal customers. About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, and affordable energy at scale; establishing a domestic supply chain for critical radioisotopes; and advancing nuclear fuel recycling to convert nuclear waste into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and National Laboratories. Forward-Looking Statements This press release includes statements that express Oklo's opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, 'forward-looking statements.' The words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intends,' 'may,' 'might,' 'plan,' 'possible,' 'potential,' 'predict,' 'project,' 'should,' 'would' or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, the benefits of the DOE's Voucher Program, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo's future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the deployment of Oklo's powerhouses; the risk that Oklo is pursuing an emerging market, with no commercial project operating, regulatory uncertainties; the potential need for financing to construct plants, market, financial, political and legal conditions; the effects of competition; the risk that the DOE's Voucher Program fails to produce the expected benefits; changes in applicable laws or regulations; and the outcome of any government and regulatory proceedings and investigations and inquiries. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the U.S. Securities and Exchange Commission. The forward-looking statements contained in this press release and in any document incorporated by reference are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Yahoo
2 days ago
- Business
- Yahoo
Oklo (OKLO) Rallies 11.3% on Higher Price Target
We recently published . Oklo Inc. (NYSE:OKLO) is one of Monday's top performers. Oklo extended its winning streak to a fourth consecutive day on Monday, soaring 11.29 percent to close at $62.41 apiece following an investment firm's higher price target for the company. Late last week, Daiwa initiated coverage on Oklo Inc. (NYSE:OKLO), giving the latter a 'hold' recommendation and a price target of $58. The figure marked a 3-percent upside from its closing price on Friday and supported its further rally in Monday's session. Last month, Oklo Inc. (NYSE:OKLO) was tapped by the US Air Force to deploy its advanced Aurora powerhouse to its military base in Alaska. Under the terms of the agreement, Oklo Inc. (NYSE:OKLO) will design, construct, own, and operate the power plant at the Eielson Air Force Base in Alaska, which will serve as the Department of the Air Force's (DAF) microreactor pilot to enhance energy resilience and reliability for critical national security infrastructure. While we acknowledge the potential of OKLO as an investment, 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
3 days ago
- Business
- Yahoo
How OKLO is Positioning Itself in the Emerging Nuclear Energy Market
Oklo Inc. OKLO is developing a new kind of nuclear power plant called the Aurora powerhouse. Investors should understand that, unlike other companies in the same field, it's not just a test project, but a proven technology that has performed successfully. There are two reactors – the Fast Flux Test Facility (FFTF) and the Experimental Breeder Reactor-II (EBR-II) – on which the design is based, and they operated together for more than three decades at the U.S. Department of Energy's Idaho National Laboratory. Most importantly, these government-run programs accumulated more than 400 reactor-years of operational experience. In contrast, other players are still far from achieving commercial viability, as they have mainly focused on building demonstration plants. Notably, the U.S. Department of Defense has already chosen Oklo to construct an Aurora power plant at Eielson Air Force Base in Alaska, providing power for critical national security infrastructure. Therefore, Oklo will provide clean and reliable energy once its first Aurora plant becomes operational between late 2027 and early 2028. So, by skipping the demonstration phase, Oklo has positioned itself well ahead of other players in the emerging nuclear energy market. How TLN & CEG are Scaling Up Nuclear Talen Energy Corporation's TLN major partnership with Amazon Web Services (AWS) is worth highlighting. TLN is generating revenues while supplying electricity directly to AWS data centers located at its Susquehanna nuclear plant site. To capitalize on the mounting demand for power from AI and cloud computing, Constellation Energy Corporation CEG is expanding its nuclear offerings. Thus, the nuclear fleet of CEG is well-positioned as a stable, long-term solution for hyperscale data centers. OKLO's Price Performance, Valuation & Estimates Shares of OKLO surged 615.7% over the past year, outpacing the 52.9% gain of the composite stocks belonging to the industry. Image Source: Zacks Investment Research From a valuation standpoint, OKLO trades at a price-to-book value (P/BV) of 32.33X. This is above the broader industry average of 5.66X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for OKLO's 2025 bottom line hasn't been revised over the past seven days. Image Source: Zacks Investment Research OKLO stock currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (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 Constellation Energy Corporation (CEG) : Free Stock Analysis Report Talen Energy Corporation (TLN) : 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
