Oklo Inc. logo OKLO - Oklo Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 10
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $91.50 DETAILS
HIGH: $130.00
LOW: $55.00
MEDIAN: $89.00
CONSENSUS: $91.50
UPSIDE: 59.99%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3
Revenue
Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Cost of Revenue 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit (0.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses
R&D Expenses 27.0 24.6 14.9 11.5 7.8 7.3 5.0 10.7 3.7 4.3 1.7 1.8 1.9 1.8 1.7 1.4 1.3 0 0
SG&A Expenses 24.2 32.5 21.4 16.8 10.2 8.1 7.3 7.1 3.8 3.1 3.0 1.6 1.5 1.1 1.3 1.0 0.9 0.6 0.6
Other Expenses (0.2) 0 0 (0.2) (0.2) 0.0 (0.1) (0.1) (0.1) (0.1) (0.0) (0.0) (0.1) (0.0) (0.0) (0.0) (0.1) 0 0
Operating Expenses 51.1 57.1 36.3 28.0 17.9 15.4 12.3 17.8 7.4 7.3 4.7 3.4 3.3 2.9 2.9 2.4 2.1 0.6 0.6
Operating Income
Operating Income (51.2) (57.1) (36.3) (28.0) (17.9) (15.4) (12.3) (17.8) (7.4) (7.3) (4.7) (3.4) (3.3) (2.9) (2.9) (2.4) (2.1) (0.6) (0.6)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 21.3 14.6 7.1 3.8 3.7 3.3 2.5 1.7 0.1 0.1 0.1 0.0 5.4 4.1 2.4 0.7 0.1 0.1 0.0
Profitability
EBITDA (29.7) (42.4) (29.1) (24.1) (14.1) (9.9) (9.7) (27.1) (24.0) (14.3) (8.7) (4.5) (4.7) (2.9) (2.9) (2.4) (2.1) (0.5) (0.5)
EBIT (29.9) (42.5) (29.2) (24.3) (14.2) (10.0) (9.7) (27.1) (24.0) (14.3) (8.7) (4.5) (4.7) (2.9) (2.9) (2.4) (2.1) (0.5) (0.5)
Income Before Tax (29.9) (42.5) (29.2) (24.3) (14.2) (10.0) (9.7) (27.1) (24.0) (14.3) (8.7) (4.5) (4.7) (2.9) (2.9) (2.4) (2.1) (0.5) (0.5)
Income Tax Expense 3.2 (1.1) 0.5 0.4 (4.4) 0.3 0.2 0.2 0 0 0 0 0 0 0 0 0 0.0 0
Net Income (33.1) (41.4) (29.7) (24.7) (9.8) (10.3) (10.0) (27.3) (24.0) (14.3) (8.7) (4.5) (4.7) (2.9) (2.9) (2.4) (2.1) (0.5) (0.5)
Per Share Data
EPS (Basic) -0.19 -0.27 -0.20 -0.18 -0.07 -0.07 -0.08 -0.27 -0.34 -0.21 -0.13 -0.07 0.05 0.04 0.02 -0.04 -0.01 -0.01 -0.01
EPS (Diluted) -0.19 -0.27 -0.20 -0.18 -0.07 -0.07 -0.08 -0.27 -0.34 -0.21 -0.13 -0.07 0.05 0.04 0.02 -0.04 -0.01 -0.01 -0.01
Shares Outstanding 170.3 146.4 150.4 140.1 138.1 137.7 122.1 100.0 70.3 69.2 68.5 68.8 64.0 64.0 64.0 64.0 64.0 64.0 64.0
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Current Assets
Cash & Cash Equivalents 1,594.1 788.4 410.0 226.8 90.1 97.1 91.8 105.7 38.0 9.9 1.7 5.1 2.9 9.7 2.6 3.0 3.2 10.4 3.4 0.2 0.2
Short-Term Investments 614.5 439.5 511.6 307.7 110.9 130.7 139.6 129.6 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 9.7 5.0 5.2 2.8 1.6 1.7 1.2 1.3 0 0.1 0 0 0 0.4 0 0 0 0 0 0 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 1.7 2.0 0.0 0.0 0.2 0.1 0.2 0.2 5.2 3.7 0 1.6 0 0.2 0 0 0 0 0 0 0
Total Current Assets 2,225.7 1,253.8 931.8 542.7 204.9 231.9 234.8 239.2 43.8 14.2 1.8 7.2 3.2 10.5 3.2 3.9 4.0 10.5 4.9 0.2 0.2
Non-Current Assets
Property, Plant & Equipment 98.1 43.7 13.1 5.5 3.2 2.2 1.8 0.7 0.7 0.7 0.3 0.4 0 0.4 0 0 0 0.5 0 0 0
Goodwill 6.6 6.6 6.7 6.7 6.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 27.5 27.5 27.5 27.5 27.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 0 262.0 148.5 59.7 47.5 57.1 59.3 0 0 518.2 0 511.5 0 503.3 500.8 500.3 0 500.0 0 0
Other Non-Current Assets 345.6 196.9 5.2 0.2 0.2 0.1 0.1 0.0 0 0.0 (0.3) 0.0 0 0.1 0 0 0.2 0.1 0 0.7 0.3
Total Non-Current Assets 477.9 274.7 314.4 188.4 97.2 49.8 59.0 60.0 0.7 0.7 518.2 0.4 511.5 0.5 503.3 500.8 500.5 0.6 500.0 0.7 0.3
Total Assets 2,703.5 1,528.5 1,246.2 731.1 302.1 281.7 293.8 299.2 44.4 14.9 520.0 7.6 514.7 11.0 506.5 504.7 504.5 11.0 504.9 0.9 0.6
Current Liabilities
Account Payables 14.2 4.1 2.0 2.3 1.4 3.0 0.4 1.1 2.5 2.3 1.2 1.6 0 0.3 0 0 0 0.1 0 0 0
Short-Term Debt 1.0 0.9 0.3 0.3 0.3 0.3 0.2 0.2 0 0.2 0 0 0 0 0 0 0 0 0 0.5 0.5
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 21.9 20.5 0 0 0 0.8 0 0.5 0.1 0 0.7 0 0.7 0 0.3 0.5 0.5 0 0.1 0.4 0.0
Total Current Liabilities 37.1 25.5 13.8 7.6 5.7 5.3 4.8 4.9 3.6 3.2 2.4 1.9 3.3 0.6 0.9 0.6 0.5 0.4 0.1 0.9 0.5
Non-Current Liabilities
Long-Term Debt 1.6 0.5 0 0 0 0 0 0 73.1 0 31.9 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 1.2 1.2 1.0 1.0 1.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 25 25 25 25 25 25 25 25 25 46.0 (14.3) 42.8 17.6 38.4 17.6 17.6 17.6 4 17.5 0 0
Total Non-Current Liabilities 27.7 26.7 26.8 27.1 27.2 25.5 25.7 25 98.1 46.0 17.6 42.8 17.6 38.5 17.6 17.6 17.6 4.3 17.5 0 0
Total Liabilities 64.9 52.2 40.6 34.7 32.8 30.9 30.5 29.9 101.7 49.2 20.0 44.8 20.8 39.1 18.5 18.2 18.1 4.7 17.6 0.9 0.5
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 516.8 0.0 507.8 0.0 501.4 500.0 500.0 0.0 500.0 0.0 0.0
Retained Earnings (273.8) (240.8) (199.3) (169.6) (144.9) (135.1) (124.8) (114.9) (85.5) (61.5) (16.7) (38.5) (13.9) (29.3) (13.4) (13.5) (13.6) (19.3) (12.7) (0.0) (0.0)
Accumulated Other Comprehensive Income (1.5) 1.2 3.6 1.3 1.7 2.2 2.7 0.4 0 0 (541.8) 0 (28.1) 0 0 0 0 0 0 0 0
Total Stockholders' Equity 2,638.6 1,476.2 1,205.6 696.4 269.3 250.9 263.3 269.3 (57.3) (34.4) 500.0 (37.2) 493.8 (28.1) 488.0 486.5 486.4 6.3 487.3 0.0 0.0
Total Liabilities & Equity 2,703.5 1,528.5 1,246.2 731.1 302.1 281.7 293.8 299.2 44.4 14.9 520.0 7.6 514.7 11.0 506.5 504.7 504.5 11.0 504.9 0.9 0.6
Debt Metrics
Total Debt 2.6 1.4 1.9 2.1 2.1 1.3 1.4 0.2 73.1 0.2 31.9 0.2 0 0.3 0 0 0 0.5 0 0.5 0.5
Net Debt (1,591.5) (787.0) (408.1) (224.6) (88.0) (95.8) (90.4) (105.5) 35.1 (9.6) 30.1 (4.9) (2.9) (9.3) (2.6) (3.0) (3.2) (9.9) (3.4) 0.3 0.3
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1
Operating Activities
Net Income (33.1) (41.4) (29.7) (24.7) (9.8) (10.3) (10.0) (29.3) (24.0) (14.3) (8.7) (4.5) (4.7) (2.9) 1.5 0.1 (0.4)
Depreciation & Amortization 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 (0.0) 0 0 0
Stock-Based Compensation 0 19.0 9.1 11.4 2.3 1.7 0 8.5 0.7 0.6 0.0 0 0.0 0.1 0 0 0
Change in Working Capital (0.4) (8.1) 1.1 (5.2) 0.2 (2.7) 0.4 (3.8) (0.2) 0.9 0.8 (2.1) 0.4 (0.2) 0.5 0.4 0.4
Other Non-Cash Items 15.4 (3.2) 1.4 (0.0) (0.3) (2.3) 1.7 14.8 16.2 7.1 4.3 0.2 1.0 0.1 (2.4) (0.6) (0.1)
Operating Cash Flow (17.9) (33.4) (18.0) (18.5) (12.2) (13.5) (7.9) (9.8) (7.3) (5.6) (3.6) (6.1) (3.3) (2.9) (0.4) (0.2) (0.2)
Investing Activities
Capital Expenditure (32.8) (26.9) (5.0) (0.9) (0.3) (0.1) (0.1) (0.1) (0.1) (0.0) (0.0) (0.0) 0 (0.0) (0.0) (0.0) 0.0
Acquisitions 0 0 0 0 (0.9) 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (456.7) (71.0) 0 (316.7) (29.9) (30.5) (58.9) (202.2) 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 130.5 37.2 0 30.8 37.2 48.8 53.4 14 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 177.0 (320.2) 0 0 0 0 (0.1) 0 0 0 0 0 0 0 0 0
Investing Cash Flow (359.0) 116.2 (325.2) (286.8) 6.1 18.2 (5.6) (188.3) (0.1) (0.0) (0.0) (0.0) 0 (0.0) 0 0 0
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0.3 10.2 0 10 0 0.3 3 0 0 0
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (0.1) (0.1) 526.5 441.9 (1.6) 0 0 (0.6) 25.3 7.0 (1.5) 2.3 0 0.3 0 0 0
Financing Cash Flow 1,182.6 295.6 526.5 441.9 (0.9) 0.6 (0.4) 265.7 35.5 5.5 8.5 2.3 0.3 3.3 0 0 0
Cash Position
Net Change in Cash 805.7 378.4 183.3 136.7 (7.1) 5.3 (13.9) 105.3 28.2 8.1 4.9 (2.1) (2.9) 0.4 (0.4) (0.2) (0.2)
Cash at Beginning 788.4 410.0 226.8 90.1 97.1 91.8 105.7 0.4 9.9 1.7 5.1 2.9 9.7 9.3 3.0 3.2 3.3
Cash at End 1,594.1 788.4 410.0 226.8 90.1 97.1 91.8 105.7 38.0 9.9 10.0 0.8 6.7 9.7 2.6 3.0 3.2
Free Cash Flow (50.7) (60.4) (23.1) (19.3) (12.6) (13.5) (8.0) (9.8) (7.4) (5.6) (3.6) (6.2) (3.3) (3.0) (0.4) (0.2) (0.2)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3
Income Statement
Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit (0.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income (51.2) (57.1) (36.3) (28.0) (17.9) (15.4) (12.3) (17.8) (7.4) (7.3) (4.7) (3.4) (3.3) (2.9) (2.9) (2.4) (2.1) (0.6) (0.6)
Net Income (33.1) (41.4) (29.7) (24.7) (9.8) (10.3) (10.0) (27.3) (24.0) (14.3) (8.7) (4.5) (4.7) (2.9) (2.9) (2.4) (2.1) (0.5) (0.5)
EPS (Diluted) -0.19 -0.27 -0.20 -0.18 -0.07 -0.07 -0.08 -0.27 -0.34 -0.21 -0.13 -0.07 0.05 0.04 0.02 -0.04 -0.01 -0.01 -0.01
Balance Sheet
Cash & Equivalents 1,594.1 788.4 410.0 226.8 90.1 97.1 91.8 105.7 38.0 9.9 1.7 5.1 2.9 9.7 2.6 3.0 3.2 10.4 3.4 0.2 0.2
Total Assets 2,703.5 1,528.5 1,246.2 731.1 302.1 281.7 293.8 299.2 44.4 14.9 520.0 7.6 514.7 11.0 506.5 504.7 504.5 11.0 504.9 0.9 0.6
Total Debt 2.6 1.4 1.9 2.1 2.1 1.3 1.4 0.2 73.1 0.2 31.9 0.2 0 0.3 0 0 0 0.5 0 0.5 0.5
Stockholders' Equity 2,638.6 1,476.2 1,205.6 696.4 269.3 250.9 263.3 269.3 (57.3) (34.4) 500.0 (37.2) 493.8 (28.1) 488.0 486.5 486.4 6.3 487.3 0.0 0.0
Cash Flow
Operating Cash Flow (17.9) (33.4) (18.0) (18.5) (12.2) (13.5) (7.9) (9.8) (7.3) (5.6) (3.6) (6.1) (3.3) (2.9) (0.4) (0.2) (0.2)
Capital Expenditure (32.8) (26.9) (5.0) (0.9) (0.3) (0.1) (0.1) (0.1) (0.1) (0.0) (0.0) (0.0) 0 (0.0) (0.0) (0.0) 0.0
Free Cash Flow (50.7) (60.4) (23.1) (19.3) (12.6) (13.5) (8.0) (9.8) (7.4) (5.6) (3.6) (6.2) (3.3) (3.0) (0.4) (0.2) (0.2)