Oklo Inc. (OKLO) Stock Score, Valuation & Financial Research

Oklo Inc. is in the Utilities sector and Independent Power Producers industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. A complete Wall Street Score is not currently available.

Quick answer for OKLO

Oklo Inc. does not currently have a complete Wall Street Score. The stored market price is USD 32.53. These figures are a research snapshot, not a buy or sell recommendation.

What Oklo Inc. does

Oklo Inc. develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States. The company’s primary offering is the Aurora powerhouse, which is designed to produce between 15 and up to 75 megawatts of electricity. The company is also commercializing nuclear fuel recycling, fuel fabrication technology that can convert used nuclear fuel into usable fuel for its reactors, and the production of radioisotopes. The company has a strategic partnership with Blykalla AB for the development of advanced nuclear reactor technology and its commercialization. The company was formerly known as AltC Acquisition Corp. and changed its name to Oklo Inc. in May 2024. Oklo Inc. was founded in 2013 and is headquartered in Santa Clara, California.

Company business and revenue

Research reporting period: 2025-12-31. A research update is not a new financial filing.

How the company makes money

Oklo Inc. is an advanced nuclear technology company that intends to generate revenue by developing, building, and operating advanced fission power plants. The company's primary business model is to sell the electricity generated by these plants to customers through long-term power purchase agreements (PPAs) rather than selling the physical powerhouse designs themselves.

Products and services

  • The company is developing the Aurora Powerhouse, an advanced fission power plant, and is also working on advanced fuel recycling technologies.

Brands and product families

  • Aurora Powerhouse — Flagship advanced fission power plant design. Source

Customer types

Commercial and industrial customers requiring power.

Suppliers, materials and equipment

  • Idaho National Laboratory (INL) — Supplier of recovered uranium fuel from previously irradiated EBR-II fuel. Source

Business relationships and partnerships

  • U.S. Department of Energy (DOE) — Collaboration on advanced fission plant development, fuel awards from Idaho National Laboratory, and participation in the RPP program. Source
  • Atomic Alchemy — Wholly owned subsidiary collaborating on projects awarded under the DOE's RPP program. Source
  • Equinix, Inc. — Commercial collaboration regarding advanced nuclear power solutions. Source

Business strengths to evaluate

  • Advanced nuclear technology development capabilities Source
  • Strategic collaboration with the U.S. Department of Energy Source

Business risks and research considerations

  • Pre-revenue stage and history of operating losses Source
  • Significant regulatory and licensing requirements for nuclear reactors Source

Sources: Company research source · Equinix, Inc.

Company research refreshed 2026-10-12. This is saved research, not a live check of company relationships. Check the reporting period and source disclosures. Financial figures and scores follow their separate update schedules.

OKLO financial snapshot

Statement amounts: USD. Quote amounts: USD. No exchange-rate conversion is performed in this snapshot. Market-capitalization currency is not supplied by this projection.

Wall Street Score:
Not currently available
Stored price:
USD 32.53
Market capitalization:
5.66B (currency not supplied)
Revenue:
USD 1.21M
Net income:
USD -152.77M
Free cash flow:
USD -115.38M
Cash:
USD 1.64B
Total debt:
USD 4.15M
EPS:
USD -0.95

What stands out

  • Free cash flow is USD -115.38M, negative for the stored period.
  • The balance sheet shows USD 1.64B of cash versus USD 4.15M of total debt, an excess of cash over debt on these two reported measures.
  • The current research record carries a fundamental change risk warning, which should be reviewed alongside the score.

Company-specific financial comparisons

The following are calculated from saved company data, not forecasts or statements about future performance. Differences in reporting dates or units can make a ratio misleading; verify the original filings.

  • Free cash flow is -9535.5% of stored revenue. This is a simple cross-field ratio, not a verified same-period cash conversion margin; confirm reporting periods before comparison.
  • Cash exceeds debt by USD 1.64B using the stored balance-sheet values. This does not include other obligations or restricted cash.

Questions worth answering for OKLO

Use these questions to check the stored figures against the latest company filings. They identify issues to investigate; they are not findings about management's plans or future results.

  • How long can OKLO fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • How is OKLO likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • What specifically needs to improve for OKLO to reach sustainable profitability?
  • What does the current fundamental change risk warning mean for the reliability or interpretation of OKLO's score?

What the numbers mean

A complete valuation score is not currently available, so valuation should be checked using the available earnings, cash-flow and price data.

A complete financial score is not currently available, so investors should review cash, debt, earnings and cash flow directly.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-10-12.

Research-input completeness: 73% of the scoring inputs required for this public page are currently available.

How to research OKLO

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

Learn how to analyze a stock · Read the Wall Street Score methodology · Browse other stocks

Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.