OKLO·Advanced Nuclear / Small Modular Reactors (SMR)

Oklo Inc

ConvictionWeak

Build-own-operate independent power producer: develops Aurora powerhouses, sells electricity + heat via 20+yr PPAs for recurring revenue (analogous to a solar IPP); adjacent radioisotope sales (Atomic Alchemy) and a planned fuel-recycling business. No revenue yet — first reactor targeted ~2027-2028.

Revenue

$0 product revenuefact, Q1 FY26); reports only interest/dividend income $21.3M/qtr

Rev growth

n/m — pre-revenue

Gross marginfact

n/m — no product COGS yet

Op marginfact

deeply negativeQ1 FY26 operating loss ~$51.2M on $51.2M opex (R&D $27.0M + G&A $24.2M

Capex intensity

n/m vs revenueFY26 guide $350–450M investing outflow funds first reactors (fact, Q1 FY26 guidance

Market cap

~$9.4Bfact, ~$55/sh, 26-Jun-2026; ~174M sh out

Price · 1-year trend

real · weekly

$51-8% 1yUSD

52-week range

$48 – $163

52w lowas of 2026-06-25 · Yahoo Finance52w high

Across the boards

The thesis on this name

opportunityWeak

AI datacenter power & cooling

Full context

position · longWeak

AI datacenter power & cooling

Full context

book · long

AI datacenter power & cooling

Full context

The read

Where our coverage leans

Coverage leans bullish

Members only

Full financial intelligence for Oklo Inc

Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.

Income statement & margin structure
SWOT, moats & dependency map
Supplier–customer ecosystem graph
Signals, trends & valuation range

See plans

Not investment advice — analyst work product for a qualified professional.· intel vintage Jun 2026· sign in (free) for the analyst summary; Pro unlocks full intelligence