Tearsheet

Oklo (OKLO)


Market Price (7/4/2026): $52.52 | Market Cap: $8.9 BilSector: Utilities | Industry: Independent Power Producers & Energy Traders

Oklo (OKLO)


Market Price (7/4/2026): $52.52
Market Cap: $8.9 Bil
Sector: Utilities
Industry: Independent Power Producers & Energy Traders

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -25%

Megatrend and thematic drivers
Megatrends include Datacenter Power, Energy Transition & Decarbonization, and Smart Grids & Grid Modernization. Themes include Mini Nuclear, Show more.

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16%

Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -173 Mil

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.7%

High stock price volatility
Vol 12M is 101%

Key risks
OKLO key risks include [1] significant commercialization delays after the NRC rejected its initial Aurora reactor application, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -25%
1 Megatrend and thematic drivers
Megatrends include Datacenter Power, Energy Transition & Decarbonization, and Smart Grids & Grid Modernization. Themes include Mini Nuclear, Show more.
2 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16%
3 Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -173 Mil
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.7%
6 High stock price volatility
Vol 12M is 101%
7 Key risks
OKLO key risks include [1] significant commercialization delays after the NRC rejected its initial Aurora reactor application, Show more.

OKLO in ETFs

Weight = OKLO's share of each fund

VTI0.01%
ITOT0.01%
VB0.11%
URA6.5%
IWN0.31%
VBK0.25%
VTWO0.23%
SCHM0.14%
+10 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/1/2026

Oklo (OKLO) stock has gained about 5% since 3/31/2026 because of the following key factors:

1. Strategic Collaboration with Nvidia and AI Tailwinds Boosted Investor Confidence.

In April 2026, Oklo announced a three-way collaboration with Nvidia and Los Alamos National Laboratory (LANL). This partnership leverages Nvidia's artificial intelligence (AI) computing power and software to accelerate nuclear fuel research and reactor development. Investors perceived this as a significant vote of confidence in Oklo's technology, particularly given the growing demand for clean energy solutions to power AI infrastructure, contributing to an impressive 46.2% surge in Oklo's stock during April 2026.

2. Significant Regulatory Milestones and Secured Fuel Supply Chain.

During fiscal Q2 2026, Oklo achieved crucial regulatory and supply chain advancements. In May 2026, the U.S. Nuclear Regulatory Commission (NRC) approved Oklo's Principal Design Criteria topical report for its Aurora powerhouse on an accelerated schedule, which caused the stock to jump 12% to 22.5% on the day. Additionally, in June 2026, Oklo was selected for advanced negotiations under the U.S. Department of Energy's (DOE) Surplus Plutonium Utilization Program, creating a pathway to utilize existing surplus material as bridge fuel for advanced reactors. Further bolstering its fuel strategy, Oklo signed a letter of intent with Centrus Energy Group in June 2026 for the purchase of high-assay low-enriched uranium (HALEU) to fuel its Aurora powerhouses in Ohio, intended to power Meta Platforms' data centers.

Show more
Updated on 7/1/2026

Oklo (OKLO) stock has gained about 5% since 3/31/2026 because of the following key factors:

1. Strategic Collaboration with Nvidia and AI Tailwinds Boosted Investor Confidence.

In April 2026, Oklo announced a three-way collaboration with Nvidia and Los Alamos National Laboratory (LANL). This partnership leverages Nvidia's artificial intelligence (AI) computing power and software to accelerate nuclear fuel research and reactor development. Investors perceived this as a significant vote of confidence in Oklo's technology, particularly given the growing demand for clean energy solutions to power AI infrastructure, contributing to an impressive 46.2% surge in Oklo's stock during April 2026.

2. Significant Regulatory Milestones and Secured Fuel Supply Chain.

During fiscal Q2 2026, Oklo achieved crucial regulatory and supply chain advancements. In May 2026, the U.S. Nuclear Regulatory Commission (NRC) approved Oklo's Principal Design Criteria topical report for its Aurora powerhouse on an accelerated schedule, which caused the stock to jump 12% to 22.5% on the day. Additionally, in June 2026, Oklo was selected for advanced negotiations under the U.S. Department of Energy's (DOE) Surplus Plutonium Utilization Program, creating a pathway to utilize existing surplus material as bridge fuel for advanced reactors. Further bolstering its fuel strategy, Oklo signed a letter of intent with Centrus Energy Group in June 2026 for the purchase of high-assay low-enriched uranium (HALEU) to fuel its Aurora powerhouses in Ohio, intended to power Meta Platforms' data centers.

3. Key Acquisition Strengthened Technical Capabilities and Reduced Execution Risk.

On June 30, 2026, Oklo acquired Creative Engineers, Inc. (CEI), an industry leader specializing in sodium and alkali-metal systems. This acquisition is strategically important as it brings critical engineering, fabrication, testing, and research and development capabilities in-house, directly supporting the development and commercialization of Oklo's sodium-cooled Aurora powerhouse technology. The acquisition is expected to facilitate faster design iteration, improve access to specialized sodium-handling expertise, and reduce execution risks.

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Stock Movement Drivers

Fundamental Drivers

The 5.6% change in OKLO stock from 3/31/2026 to 7/3/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)33120267032026Change
Stock Price ($)49.5952.365.6%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)157170-8.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/3/2026
ReturnCorrelation
OKLO5.6% 
Market (SPY)14.5%61.1%
Sector (XLU)-0.3%13.2%

Fundamental Drivers

The -27.0% change in OKLO stock from 12/31/2025 to 7/3/2026 was primarily driven by a -11.7% change in the company's Shares Outstanding (Mil).
(LTM values as of)123120257032026Change
Stock Price ($)71.7652.36-27.0%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)150170-11.7%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/3/2026
ReturnCorrelation
OKLO-27.0% 
Market (SPY)9.5%58.3%
Sector (XLU)7.9%8.7%

Fundamental Drivers

The -6.5% change in OKLO stock from 6/30/2025 to 7/3/2026 was primarily driven by a -58.7% change in the company's Shares Outstanding (Mil).
(LTM values as of)63020257032026Change
Stock Price ($)55.9952.36-6.5%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)70170-58.7%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/3/2026
ReturnCorrelation
OKLO-6.5% 
Market (SPY)21.6%48.3%
Sector (XLU)14.5%14.0%

Fundamental Drivers

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Market Drivers

6/30/2023 to 7/3/2026
ReturnCorrelation
OKLO402.0% 
Market (SPY)74.0%33.6%
Sector (XLU)52.1%19.1%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
OKLO Return-1%1%6%101%238%-27%426%
Peers Return32%-3%11%206%79%2%695%
S&P 500 Return27%-19%24%23%16%9%99%

Monthly Win Rates [3]
OKLO Win Rate17%67%67%58%58%43% 
Peers Win Rate47%42%53%66%62%46% 
S&P 500 Win Rate75%42%67%75%67%43% 

Max Drawdowns [4]
OKLO Max Drawdown--3%-4%-69%-64%-57% 
Peers Max Drawdown-35%-40%-46%-39%-51%-41% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: SMR, NNE, BWXT, GEV, LEU.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/2/2026 (YTD)

How Low Can It Go

EventOKLOS&P 500
2025 US Tariff Shock
  % Loss-56.1%-18.8%
  % Gain to Breakeven127.9%23.1%
  Time to Breakeven49 days79 days

Compare to SMR, NNE, BWXT, GEV, LEU

In The Past

Oklo's stock fell -56.1% during the 2025 US Tariff Shock. Such a loss loss requires a 127.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventOKLOS&P 500
2025 US Tariff Shock
  % Loss-56.1%-18.8%
  % Gain to Breakeven127.9%23.1%
  Time to Breakeven49 days79 days

Compare to SMR, NNE, BWXT, GEV, LEU

In The Past

Oklo's stock fell -56.1% during the 2025 US Tariff Shock. Such a loss loss requires a 127.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Oklo (OKLO)

Oklo Inc. (OKLO) is an energy technology company focused on advancing nuclear fission power. The company's primary business involves the design and development of cutting-edge fission power plants. These plants are engineered to deliver reliable and commercial-scale energy solutions to customers, specifically targeting the energy market within the United States.

In addition to developing innovative power generation facilities, Oklo Inc. also provides crucial used nuclear fuel recycling services. This offering underscores the company's commitment to a more sustainable and efficient nuclear fuel cycle, addressing both energy production and the responsible management of nuclear materials. By integrating advanced reactor technology with recycling capabilities, Oklo aims to provide comprehensive solutions for the future of nuclear energy.

AI Analysis | Feedback

Tesla for advanced nuclear energy

GE for next-generation nuclear power plants

AI Analysis | Feedback

  • Fission Power Plants: Oklo designs and develops advanced fission power plants for commercial-scale energy generation.
  • Used Nuclear Fuel Recycling Services: The company offers services for recycling used nuclear fuel.

AI Analysis | Feedback

Oklo Inc. (OKLO) primarily sells its fission power plants and used nuclear fuel recycling services to other companies and potentially government entities, not individuals. As of early 2024, Oklo is in the early stages of commercializing its technology, and definitive operational power plant contracts with revenue streams are still being established. However, the company has publicly announced significant partnerships and letters of intent with the following prospective major customers:

  • Diamondback Energy, Inc. (NASDAQ: FANG): Oklo announced a partnership with Diamondback Energy in September 2023 to explore opportunities for Diamondback to deploy Oklo's advanced fission power plants to provide clean, reliable, and cost-effective power to Diamondback's operations.
  • Compass Mining: In July 2022, Oklo announced a non-binding letter of intent (LOI) to provide clean power to Compass Mining's cryptocurrency operations. Compass Mining is a private company that provides cryptocurrency mining hosting services.

AI Analysis | Feedback

  • Centrus Energy Corp. (LEU)

AI Analysis | Feedback

Jacob DeWitte, Chief Executive Officer

Jacob DeWitte co-founded Oklo in July 2013 and has served as its Chief Executive Officer since inception, also holding the position of Chairman of the Board since April 2025. Before co-founding Oklo, he gained nearly 15 years of experience in the nuclear technology sector, working at organizations such as GE, Sandia National Labs, Urenco US, and naval reactor research laboratories. His expertise encompasses a variety of advanced reactor designs, including sodium fast reactors, molten salt reactors, and next-generation pressurized water reactors, as well as nuclear fuel cycle technology development and analysis. He earned his BS in nuclear engineering from the University of Florida and his SM and PhD in nuclear engineering from MIT.

R. Craig Bealmear, Chief Financial Officer

R. Craig Bealmear has served as Oklo's Chief Financial Officer since August 2023. He brings over 30 years of leadership experience from publicly traded energy companies. From April 2021 to December 2022, he was the Chief Financial Officer of Renewable Energy Group, Inc., a company that was acquired by Chevron Corporation in June 2022. Prior to that, he held several roles at BP plc for 28 years, including Chief Financial Officer — North America Downstream from March 2015 to December 2020. His experience includes developing and implementing deal structures, including joint ventures with private equity firms. He holds an MBA in Finance from The Wharton School: University of Pennsylvania.

Caroline Cochran, Chief Operating Officer

Caroline Cochran co-founded Oklo in July 2013 and has served as its Chief Operating Officer and a member of the board since its inception. She has been a founder in multiple organizations. Caroline is a former member of the U.S. Department of Energy Nuclear Energy Advisory Committee. She received a B.A. in Economics and a B.S. in Mechanical Engineering from the University of Oklahoma, and an S.M. in Nuclear Engineering from MIT.

Patrick Schweiger, Chief Technology Officer

Patrick Schweiger has served as Oklo's Chief Technology Officer since 2025. He has over 40 years of leadership experience in the energy sector, spanning both fission and fusion industries. Prior to joining Oklo, he was the head of Hedron Engineering and Consulting and served as Chief Engineer at the fusion startup, Commonwealth Fusion Systems. From 2010 to 2018, he was the Senior Vice President of Engineering and overall Design Authority at advanced reactor developer TerraPower.

Bill Goodwin, Chief Legal and Strategy Officer

Bill Goodwin is Oklo's Chief Legal and Strategy Officer, overseeing strategy, corporate development and partnerships, government affairs, and the legal team. Before joining Oklo, he held various leadership roles at Joby Aviation, including Special Projects & Strategy, and was responsible for building Joby's government affairs and legal teams.

AI Analysis | Feedback

Oklo Inc. (OKLO), a company focused on designing and developing fission power plants, faces several significant risks inherent in the advanced nuclear technology sector.

The most significant risk to Oklo's business is **regulatory approval hurdles and potential delays**. Oklo's reactor designs require approval from the Nuclear Regulatory Commission (NRC) before construction and commercial operation can commence. The company has previously faced denials for its applications due to insufficient information, indicating a challenging and stringent regulatory environment. Any setbacks or extended delays in obtaining necessary approvals could push back deployment dates, increase development costs, and prolong the period without revenue generation, thereby impacting the company's operational timeline and financial stability.

Another major risk is the **capital-intensive nature of its business and its current pre-revenue status**. Oklo operates on an "own-and-operate" model, which is highly capital-intensive, requiring substantial funding for plant deployment, estimated to be around $2.4 billion. As a pre-revenue company, Oklo is in a cash-burn phase, generating no commercial sales and relying entirely on external funding from investors to finance its operations. This financial model necessitates continuous capital raises, which can lead to shareholder dilution and negative free cash flow until at least the late 2030s.

Finally, **constraints in the High-Assay Low-Enriched Uranium (HALEU) fuel supply chain** pose a key risk. HALEU fuel is essential for Oklo's advanced reactor designs, but the domestic supply chain for this type of fuel is still in its nascent stages. Currently, the primary source of HALEU is Russia, which introduces geopolitical risks and potential supply disruptions. While Oklo has initiated steps, such as a memorandum of understanding with Centrus Energy, to secure domestic supply, scaling up HALEU production to meet the demands of Oklo and the broader advanced reactor industry will require significant investment and time. Shortages or disruptions in the HALEU supply could lead to operational delays or increased costs, affecting Oklo's ability to scale its reactor deployments as planned.

AI Analysis | Feedback

The most significant clear emerging threat to Oklo Inc. comes from other well-funded and advanced nuclear reactor developers that are also vying for market share in the nascent advanced fission power plant industry. Specifically, companies like TerraPower are developing advanced reactor designs, such as the Natrium reactor (a sodium-cooled fast reactor), which directly compete with Oklo's fission power plant offerings.

TerraPower, backed by prominent figures like Bill Gates and partnerships with companies like GE-Hitachi, has secured substantial government funding and is actively progressing towards the deployment of a demonstration plant in Wyoming. Should TerraPower or similar competitors achieve faster regulatory approvals, demonstrate superior cost-effectiveness, or accelerate their path to commercialization and deployment, they could capture a significant portion of the early market for advanced nuclear solutions, thereby limiting Oklo's potential for growth and market penetration.

AI Analysis | Feedback

Oklo Inc. operates in two primary addressable markets: fission power plants, specifically small modular reactors (SMRs), and used nuclear fuel recycling services.

Fission Power Plants (Small Modular Reactors)

The global market for small modular reactors (SMRs) is substantial and projected to grow significantly over the next decade. In 2025, the global SMR market is estimated to be valued between approximately USD 5.8 billion and USD 7.49 billion.

Projections indicate this market will expand to a range of approximately USD 10.3 billion to USD 16.13 billion by 2032-2034, with various reports citing CAGRs between 1.6% and 9.1% during these forecast periods.

North America is a significant region within this market, estimated to hold a substantial share of the global market. The North American SMR market is valued at approximately USD 1.87 billion in 2025, and the U.S. segment is expected to grow considerably.

Used Nuclear Fuel Recycling Services

The global addressable market for nuclear fuel recycling services is also valued in billions of U.S. dollars. In 2024, this market was estimated to be around USD 2.5 billion to USD 4.53 billion.

Forecasts suggest that the global nuclear fuel recycling market is expected to reach approximately USD 3.9 billion to USD 5.73 billion by 2030-2033, with Compound Annual Growth Rates (CAGRs) ranging from 2.5% to 6.5%.

Europe is expected to lead this market, while the Asia Pacific region is also projected for rapid growth.

AI Analysis | Feedback

Oklo Inc. (OKLO) is positioned for future revenue growth over the next 2-3 years through several key drivers, primarily stemming from the deployment and commercialization of its advanced nuclear technologies and services.

  1. Commercial Operation of Aurora Powerhouses: A primary driver of future revenue for Oklo will be the commercial operation of its Aurora powerhouses, which are advanced fast fission power plants. Oklo employs a "build, own, and operate" model, selling electricity and heat directly to customers through power purchase agreements (PPAs). The company is targeting the commencement of commercial operations for its first Aurora powerhouse by late 2027 to early 2028.

  2. Expansion of Customer Base and Project Pipeline: Oklo has a substantial project pipeline, including a 14-gigawatt opportunity, and is actively expanding its customer engagements across various industries. A notable development is the agreement with Meta Platforms, Inc. to develop a 1.2 GW power campus in Pike County, Ohio, to support Meta's data centers. While the full deployment is targeted later, pre-construction and site characterization for this significant project are slated to begin in 2026, which could lead to initial revenue streams or prepayments within the 2-3 year timeframe.

  3. Radioisotope Production and Sales (Atomic Alchemy): Oklo's Atomic Alchemy business is expected to generate early revenue from the production and sale of critical radioisotopes. This segment is projected to begin generating modest revenue starting in mid-2026. Oklo has also partnered with the U.S. Department of Energy (DOE) to deploy a Radioisotope Pilot Facility, further advancing this revenue stream.

  4. Nuclear Fuel Recycling Services: Oklo is developing and advancing nuclear fuel recycling technologies to convert used nuclear fuel into usable fuel, aiming for vertical integration and a resilient domestic fuel supply chain. A planned joint venture with Centrus Energy Corp., announced in March 2026, focuses on deconversion services for high-assay low-enriched uranium (HALEU) and the advancement of related fuel-cycle technologies. This initiative is designed to expand domestic advanced nuclear fuel capacity and could contribute to revenue within the next 2-3 years by providing essential fuel services.

AI Analysis | Feedback

Share Issuance

  • Oklo went public in May 2024 through a business combination with a Special Purpose Acquisition Company (SPAC), AltC Acquisition Corp., which resulted in net proceeds of $259.0 million for the company.
  • In December 2025, Oklo established an at-the-market (ATM) equity program, authorizing the sale of up to $1.5 billion in Class A common stock. As of September 30, 2025, approximately $540 million had been raised through an at-the-market equity program.
  • In June 2025, Oklo announced a proposed underwritten public offering of $400 million of its common stock, with an option for underwriters to purchase up to an additional $60 million, intending to use the net proceeds for general corporate purposes, working capital, capital expenditures, and potential future investments.

Inbound Investments

  • Oklo received net proceeds of $259.0 million from its business combination with AltC Acquisition Corp. in May 2024.
  • In January 2026, Oklo announced a partnership with Meta Platforms, which includes customer prepayments to fund the early development of a 1.2 gigawatt nuclear energy campus in Ohio.
  • Oklo has secured significant federal backing through strategic partnerships with the U.S. Department of Energy (DOE) for multiple reactor pilot projects and advanced nuclear fuel line pilot projects.

Capital Expenditures

  • Oklo's capital expenditures were $0.08 million in 2023 and $0.35 million in 2024, with its latest twelve months (ending September 2025) capital expenditures reaching $6.324 million.
  • The company broke ground on its first Aurora powerhouse at the Idaho National Laboratory (INL) in September 2025.
  • Pre-construction and site characterization for a 1.2 gigawatt nuclear energy campus in Ohio are slated to begin in 2026, with associated capital expenditures expected for its development.

Latest Trefis Analyses

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

OKLOSMRNNEBWXTGEVLEUMedian
NameOklo NuScale .Nano Nuc.BWX Tech.GE Verno.Centrus . 
Mkt Price52.369.7620.03191.061,113.11162.13107.25
Mkt Cap8.93.11.017.5299.43.26.1
Rev LTM01903,37639,374452235
Op Inc LTM-173-712-463341,52730-8
FCF LTM-153-753-373287,526-61-49
FCF 3Y Avg--342-182853,81988
CFO LTM-88-752-235229,014-21-22
CFO 3Y Avg--341-134534,8782424

Growth & Margins

OKLOSMRNNEBWXTGEVLEUMedian
NameOklo NuScale .Nano Nuc.BWX Tech.GE Verno.Centrus . 
Rev Chg LTM--61.9%-21.4%10.3%-4.1%3.1%
Rev Chg 3Y Avg-42.1%-14.3%-15.3%15.3%
Rev Chg Q--95.8%-26.1%16.3%4.9%10.6%
QoQ Delta Rev Chg LTM--40.7%-5.6%3.4%0.8%2.1%
Op Inc Chg LTM-172.8%-447.2%-37.0%2.9%90.4%-61.4%-49.2%
Op Inc Chg 3Y Avg--135.2%-1.6%-7.1%1.6%
Op Mgn LTM--3,812.6%-9.9%3.9%6.7%5.3%
Op Mgn 3Y Avg--1,830.4%-11.7%1.3%11.6%6.5%
QoQ Delta Op Mgn LTM--1,622.0%--0.2%0.2%-4.4%-2.3%
CFO/Rev LTM--4,025.4%-15.5%22.9%-4.6%5.4%
CFO/Rev 3Y Avg--1,718.1%-15.7%13.0%6.0%9.5%
FCF/Rev LTM--4,035.5%-9.7%19.1%-13.6%-1.9%
FCF/Rev 3Y Avg--1,724.0%-9.9%10.1%2.4%6.1%

Valuation

OKLOSMRNNEBWXTGEVLEUMedian
NameOklo NuScale .Nano Nuc.BWX Tech.GE Verno.Centrus . 
Mkt Cap8.93.11.017.5299.43.26.1
P/S-167.1-5.27.67.17.3
P/Op Inc-51.7-4.4-22.752.4196.1105.124.0
P/EBIT-51.7-4.4-22.738.5196.141.217.1
P/E-69.2-8.1-33.050.831.952.911.9
P/CFO-101.6-4.2-44.533.633.2-155.6-24.3
Total Yield-1.4%-12.4%-3.0%2.5%3.2%1.9%0.2%
Dividend Yield0.0%0.0%0.0%0.5%0.1%0.0%0.0%
FCF Yield 3Y Avg--22.9%-2.5%-2.5%2.5%
D/E0.00.00.00.10.00.40.0
Net D/E-0.2-0.3-0.50.1-0.0-0.2-0.2

Returns

OKLOSMRNNEBWXTGEVLEUMedian
NameOklo NuScale .Nano Nuc.BWX Tech.GE Verno.Centrus . 
1M Rtn-19.7%-20.5%-24.0%3.4%16.1%-10.8%-15.2%
3M Rtn8.8%-3.8%-6.3%-11.0%23.9%-11.5%-5.1%
6M Rtn-32.7%-40.2%-27.5%5.4%64.1%-40.5%-30.1%
12M Rtn2.0%-72.3%-39.2%34.4%115.9%-8.1%-3.1%
3Y Rtn402.5%38.0%285.9%174.7%698.4%398.2%342.1%
1M Excs Rtn-27.1%-28.4%-32.8%3.7%16.5%-16.9%-22.0%
3M Excs Rtn-4.9%-18.7%-15.6%-23.9%10.7%-25.3%-17.2%
6M Excs Rtn-35.4%-40.3%-28.0%1.4%60.5%-42.9%-31.7%
12M Excs Rtn-19.5%-93.7%-59.1%16.1%99.8%-24.6%-22.1%
3Y Excs Rtn325.9%-22.8%215.0%109.8%627.5%344.3%270.4%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20222021
Single Segment00
Total00


Assets by Segment
$ Mil20252024202320222021
Single Segment1,528282151111
Total1,528282151111


Price Behavior

Price Behavior
Market Price$52.36 
Market Cap ($ Bil)8.9 
First Trading Date07/08/2021 
Distance from 52W High-69.9% 
   50 Days200 Days
DMA Price$36.95$29.33
DMA Trenddownup
Distance from DMA41.7%78.5%
 3M1YR
Volatility102.2%101.5%
Downside Capture679.44573.03
Upside Capture403.34445.04
Correlation (SPY)61.8%48.4%
OKLO Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta3.394.234.343.983.912.42
Up Beta3.334.864.194.443.082.17
Down Beta1.020.861.901.851.912.13
Up Capture335%426%587%790%2885%11460%
Bmk +ve Days11244067140429
Stock +ve Days9173260125357
Down Capture430%504%477%277%204%113%
Bmk -ve Days10172358112321
Stock -ve Days12243164124347

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with OKLO
OKLO-7.2%101.3%0.38-
Sector ETF (XLU)14.1%14.9%0.6814.1%
Equity (SPY)21.7%12.5%1.2949.2%
Gold (GLD)23.1%27.7%0.7329.9%
Commodities (DBC)21.3%18.6%0.90-5.4%
Real Estate (VNQ)13.6%13.8%0.687.5%
Bitcoin (BTCUSD)-42.0%42.7%-1.1539.1%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with OKLO
OKLO36.7%87.4%0.77-
Sector ETF (XLU)10.8%17.3%0.4714.5%
Equity (SPY)13.3%17.1%0.6024.2%
Gold (GLD)17.9%18.3%0.7915.0%
Commodities (DBC)6.9%19.5%0.252.6%
Real Estate (VNQ)3.1%18.9%0.068.2%
Bitcoin (BTCUSD)12.2%53.8%0.4116.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with OKLO
OKLO16.9%87.4%0.77-
Sector ETF (XLU)9.5%19.3%0.4214.5%
Equity (SPY)15.4%18.0%0.7324.2%
Gold (GLD)12.1%16.1%0.6115.0%
Commodities (DBC)5.7%18.0%0.252.6%
Real Estate (VNQ)5.5%20.7%0.238.2%
Bitcoin (BTCUSD)59.0%66.2%0.9916.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity27.2 Mil
Short Interest: % Change Since 5312026-0.6%
Average Daily Volume14.1 Mil
Days-to-Cover Short Interest1.9 days
Basic Shares Quantity170.3 Mil
Short % of Basic Shares16.0%

Earnings Returns History

Updated 6/2/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/24/2025-6.4%-30.0%-24.4%
11/14/2024-24.6%5.7%-22.6%
8/13/20242.6%-6.7%-16.0%
SUMMARY STATS   
# Positive110
# Negative223
Median Positive2.6%5.7% 
Median Negative-15.5%-18.4%-22.6%
Max Positive2.6%5.7% 
Max Negative-24.6%-30.0%-24.4%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/24/2025-6.4%-30.0%-24.4%
11/14/2024-24.6%5.7%-22.6%
8/13/20242.6%-6.7%-16.0%
SUMMARY STATS   
# Positive110
# Negative223
Median Positive2.6%5.7% 
Median Negative-15.5%-18.4%-22.6%
Max Positive2.6%5.7% 
Max Negative-24.6%-30.0%-24.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/12/202610-Q
12/31/202503/17/202610-K
09/30/202511/12/202510-Q
06/30/202508/11/202510-Q
03/31/202505/13/202510-Q
12/31/202403/24/202510-K
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
06/30/202309/27/2023S-4
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/12/202610-Q
12/31/202503/17/202610-K
09/30/202511/12/202510-Q
06/30/202508/11/202510-Q
03/31/202505/13/202510-Q
12/31/202403/24/202510-K
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
06/30/202309/27/2023S-4

Insider Activity

Updated 7/2/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Cochran, CarolineCo-Founder, COODirectSell702202652.3060,0003,138,00025,001,440Form
2Cochran, CarolineCo-Founder, COOCaroline Cochran GRATSell702202653.2840,0002,131,20030,341,841Form
3Cochran, CarolineCo-Founder, COOJacob DeWitteSell702202652.8060,0003,168,00027,008,942Form
4Cochran, CarolineCo-Founder, COOJacob DeWitte GRATSell702202653.7140,0002,148,40028,814,502Form
5Dewitte, JacobCo-Founder, CEODirectSell702202652.8060,0003,168,00027,008,942Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Cochran, CarolineCo-Founder, COODirectSell702202652.3060,0003,138,00025,001,440Form
2Cochran, CarolineCo-Founder, COOCaroline Cochran GRATSell702202653.2840,0002,131,20030,341,841Form
3Cochran, CarolineCo-Founder, COOJacob DeWitteSell702202652.8060,0003,168,00027,008,942Form
4Cochran, CarolineCo-Founder, COOJacob DeWitte GRATSell702202653.7140,0002,148,40028,814,502Form
5Dewitte, JacobCo-Founder, CEODirectSell702202652.8060,0003,168,00027,008,942Form
6Dewitte, JacobCo-Founder, CEOJacob DeWitte GRATSell702202653.7140,0002,148,40028,814,502Form
7Dewitte, JacobCo-Founder, CEOCaroline CochranSell702202652.3060,0003,138,00025,001,440Form
8Dewitte, JacobCo-Founder, CEOCaroline Cochran GRATSell702202653.2840,0002,131,20030,341,841Form
9Bealmear, Richard CraigChief Financial OfficerDirectSell603202668.4273,0815,000,41127,207,803Form
10Cochran, CarolineCo-Founder, COODirectSell602202666.8260,0004,009,42235,953,753Form
11Cochran, CarolineCo-Founder, COOCaroline Cochran GRATSell602202669.1040,0002,764,00042,114,999Form
12Cochran, CarolineCo-Founder, COOJacob DeWitteSell602202668.2960,0004,097,40039,029,989Form
13Cochran, CarolineCo-Founder, COOJacob DeWitte GRATSell602202669.6840,0002,787,05840,167,289Form
14Dewitte, JacobCo-Founder, CEODirectSell602202668.2960,0004,097,40039,029,989Form
15Dewitte, JacobCo-Founder, CEOJacob DeWitte GRATSell602202669.6840,0002,787,05840,167,289Form
16Dewitte, JacobCo-Founder, CEOCaroline CochranSell602202666.8260,0004,009,42235,953,753Form
17Dewitte, JacobCo-Founder, CEOCaroline Cochran GRATSell602202669.1040,0002,764,00042,114,999Form
18Goodwin, William Carroll MurphyChief Legal & Strategy OfficerDirectSell521202658.0410,548612,2062,099,597Form
19Cochran, CarolineCo-Founder, COODirectSell504202670.1960,0004,211,40041,976,357Form
20Cochran, CarolineCo-Founder, COOCaroline Cochran GRATSell504202670.9540,0002,838,00046,080,535Form
21Cochran, CarolineCo-Founder, COOJacob DeWitteSell504202669.6160,0004,176,78243,962,924Form
22Cochran, CarolineCo-Founder, COOJacob DeWitte GRATSell504202670.5140,0002,820,42943,468,658Form
23Dewitte, JacobCo-Founder, CEODirectSell504202669.6160,0004,176,78243,962,924Form
24Dewitte, JacobCo-Founder, CEOJacob DeWitte GRATSell504202670.5140,0002,820,20843,465,258Form
25Dewitte, JacobCo-Founder, CEOCaroline CochranSell504202670.1960,0004,211,40041,976,357Form
26Dewitte, JacobCo-Founder, CEOCaroline Cochran GRATSell504202670.9540,0002,838,00046,080,535Form
27Bealmear, Richard CraigChief Financial OfficerDirectSell403202651.0816,342834,74919,717,289Form
28Dewitte, JacobCo-Founder, CEODirectSell403202650.2560,0003,014,92634,748,681Form
29Dewitte, JacobCo-Founder, CEOJacob DeWitte GRATSell403202650.5040,0002,020,00033,152,392Form
30Dewitte, JacobCo-Founder, CEOCaroline CochranSell403202650.2560,0003,014,92633,065,649Form
31Dewitte, JacobCo-Founder, CEOCaroline Cochran GRATSell403202650.5040,0002,020,00034,818,690Form
32Cochran, CarolineCo-Founder, COODirectSell403202650.2560,0003,014,92633,065,649Form
33Cochran, CarolineCo-Founder, COOCaroline Cochran GRATSell403202650.5040,0002,020,00034,818,690Form
34Cochran, CarolineCo-Founder, COOJacob DeWitteSell403202650.2560,0003,014,92634,748,681Form
35Cochran, CarolineCo-Founder, COOJacob DeWitte GRATSell403202650.5040,0002,020,00033,152,392Form
36Jansen, John MDirectSell330202651.5210,500540,960636,478Form
37Kinzley, RichardRichard W. and Cynthia M. Kinzley Revocable TrustSell330202652.094,000208,360867,507Form
38Schweiger, Patrick JosephChief Technology OfficerDirectSell325202656.485,561314,0851,097,406Form
39Goodwin, William Carroll MurphyChief Legal & Strategy OfficerDirectSell325202656.4810,639600,8911,470,570Form
40Dewitte, JacobCo-Founder, CEODirectSell316202660.0072,9604,377,60045,091,980Form
41Dewitte, JacobCo-Founder, CEOCaroline CochranSell316202660.0044,8282,689,68043,082,340Form
42Cochran, CarolineCo-Founder, COODirectSell316202660.0044,8282,689,68043,082,340Form
43Cochran, CarolineCo-Founder, COOJacob DeWitteSell316202660.0072,9604,377,60045,091,980Form
44Bealmear, Richard CraigChief Financial OfficerDirectSell316202660.0072,0904,325,40023,160,480Form
45Goodwin, William Carroll MurphyChief Legal & Strategy OfficerDirectSell310202656.692,820159,866906,530Form
46Bealmear, Richard CraigChief Financial OfficerDirectSell305202661.935,839361,60918,223,212Form
47Bealmear, Richard CraigChief Financial OfficerDirectSell303202660.0016,257975,42017,655,300Form
48Bealmear, Richard CraigChief Financial OfficerDirectSell204202676.939,726748,21615,148,419Form
49Dewitte, JacobCo-Founder, CEODirectSell204202674.4560,0004,466,99055,703,148Form
50Dewitte, JacobCo-Founder, CEOJacob DeWitte GRATSell204202675.7340,0003,029,022102,229,477Form
51Dewitte, JacobCo-Founder, CEOCaroline CochranSell204202674.4560,0004,466,99055,020,145Form
52Dewitte, JacobCo-Founder, CEOCaroline Cochran GRATSell204202675.7340,0003,029,023102,229,520Form
53Cochran, CarolineCo-Founder, COODirectSell204202674.4560,0004,466,99055,020,145Form
54Cochran, CarolineCo-Founder, COOCaroline Cochran GRATSell204202675.7340,0003,029,023102,229,520Form
55Cochran, CarolineCo-Founder, COOJacob DeWitteSell204202674.4560,0004,466,99055,703,148Form
56Cochran, CarolineCo-Founder, COOJacob DeWitte GRATSell204202675.7340,0003,029,022102,229,477Form
57Cochran, CarolineCo-Founder, COODirectSell1092026100.001,255125,50082,576,400Form
58Cochran, CarolineCo-Founder, COOCaroline Cochran GRATSell1092026100.021,100110,019140,932,241Form
59Cochran, CarolineCo-Founder, COOJacob DeWitteSell1092026100.001,255125,50083,493,700Form
60Cochran, CarolineCo-Founder, COOJacob DeWitte GRATSell1092026100.021,100110,019140,932,341Form
61Dewitte, JacobCo-Founder, CEODirectSell1092026100.001,255125,50083,493,700Form
62Dewitte, JacobCo-Founder, CEOJacob DeWitte GRATSell1092026100.021,100110,019140,932,341Form
63Dewitte, JacobCo-Founder, CEOCaroline CochranSell1092026100.001,255125,50082,576,400Form
64Dewitte, JacobCo-Founder, CEOCaroline Cochran GRATSell1092026100.021,100110,019140,932,241Form
65Cochran, CarolineCo-Founder, COODirectSell109202698.0392,0049,018,78281,069,349Form
66Cochran, CarolineCo-Founder, COOCaroline Cochran GRATSell1092026100.0669,8276,986,617141,096,411Form
67Cochran, CarolineCo-Founder, COOJacob DeWitteSell109202698.0392,0059,018,88081,968,535Form
68Cochran, CarolineCo-Founder, COOJacob DeWitte GRATSell1092026100.0669,8266,986,517141,096,511Form
69Dewitte, JacobCo-Founder, CEODirectSell109202698.0392,0059,018,88081,968,535Form
70Dewitte, JacobCo-Founder, CEOJacob DeWitte GRATSell1092026100.0669,8266,986,517141,096,511Form
71Dewitte, JacobCo-Founder, CEOCaroline CochranSell109202698.0392,0049,018,78281,069,349Form
72Dewitte, JacobCo-Founder, CEOCaroline Cochran GRATSell1092026100.0669,8276,986,617141,096,411Form
73Cochran, CarolineCo-Founder, COOCaroline Cochran GRATSell106202690.29100,0009,029,100133,630,680Form
74Cochran, CarolineCo-Founder, COOJacob DeWitte GRATSell106202690.29100,0009,029,100133,630,680Form
75Dewitte, JacobCo-Founder, CEOJacob DeWitte GRATSell106202690.29100,0009,029,100133,630,680Form
76Dewitte, JacobCo-Founder, CEOCaroline Cochran GRATSell106202690.29100,0009,029,100133,630,680Form
77Cochran, CarolineCo-Founder, COOCaroline Cochran GRATSell1223202582.32420,00034,575,279130,068,905Form
78Cochran, CarolineCo-Founder, COOJacob DeWitte GRATSell1223202582.32420,00034,575,277130,068,898Form
79Dewitte, JacobCo-Founder, CEOJacob DeWitte GRATSell1223202582.32420,00034,575,277130,068,898Form
80Dewitte, JacobCo-Founder, CEOCaroline Cochran GRATSell1223202582.32420,00034,575,279130,068,905Form
81Bealmear, Richard CraigChief Financial OfficerDirectSell1219202576.975,159397,08815,156,394Form
82Bealmear, Richard CraigChief Financial OfficerDirectSell1219202578.4069,8415,475,53415,842,445Form
83Goodwin, William Carroll MurphyChief Legal & Strategy OfficerDirectSell1202202588.425,864518,5181,204,334Form
84Goodwin, William Carroll MurphyChief Legal & Strategy OfficerDirectSell11202025101.8411,9361,215,538891,082Form
85Cochran, CarolineCo-Founder, COODirectSell10022025112.26300,00033,679,0491,066,739,878Form
86Cochran, CarolineCo-Founder, COOJacob DeWitteSell10022025112.26300,00033,679,0461,097,947,918Form
87Dewitte, JacobCo-Founder, CEODirectSell10022025112.26300,00033,679,0461,097,947,918Form
88Dewitte, JacobCo-Founder, CEOCaroline CochranSell10022025112.26300,00033,679,0491,066,739,878Form
89Klein, Michael Stuart See FootnoteSell9242025133.7650,0006,687,91220,063,736Form
90Bealmear, Richard CraigChief Financial OfficerDirectSell9192025101.447,622773,18312,366,964Form
91Bealmear, Richard CraigChief Financial OfficerDirectSell919202593.7392,3788,658,2057,098,607Form
92Goodwin, William Carroll MurphyChief Legal & Strategy OfficerDirectSell909202570.0941,387  Form
93Dewitte, JacobCo-Founder, CEODirectSell702202555.20300,00016,559,180557,773,798Form
94Dewitte, JacobCo-Founder, CEOCaroline CochranSell702202555.20300,00016,559,177541,049,475Form
95Cochran, CarolineCo-Founder, COODirectSell702202555.20300,00016,559,177541,049,475Form
96Cochran, CarolineCo-Founder, COOJacob DeWitteSell702202555.20300,00016,559,180557,773,798Form
Core Cache Last Updated: 7/3/2026