NEW YORK, March 16, 2026, 11:08 EDT.
Oklo shares ticked up Monday, with traders eyeing the nuclear startup’s upcoming Q4 results set for release after Tuesday’s close. Even so, at $58.60 by late morning in New York, the stock remained almost 70% off its 52-week high of $193.84.
The debate over the stock hasn’t cooled. On Sunday, a Motley Fool piece suggested Oklo might outpace the S&P 500 this year. But a separate article from the same outlet, later featured on Yahoo Finance, countered that view—arguing the selloff didn’t present a buying opportunity, with no revenue and hefty valuation concerns still looming.
The divide turns concrete with the numbers now. Oklo plans to report its full-year 2025 results after the bell on March 17. According to TipRanks, analysts are projecting a 17-cent per share loss for the quarter. Investors aren’t zeroed in on profits here—what’s drawing attention is cash use, project milestones and how operations are moving along.
Ohio remains central to the bullish narrative. Back in January, Oklo announced that Meta had signed on to back a 1.2-gigawatt power campus planned for Pike County. The deal sets up a prepaid power structure aimed at funding early-stage procurement and development. CEO Jacob DeWitte described Meta’s move as “a major step in moving advanced nuclear forward.” Oklo
Needham’s Sean Milligan flagged regulatory hurdles and fuel execution as top concerns going into the report. The Meta deal, he said, creates “a repeatable hyperscaler framework.” But investors are still holding out for bigger upfront commitments, more binding power purchase agreements or long-term electricity sales contracts, plus better clarity on liquidity and customer pipeline. Kiplinger
Oklo’s also moving to bolster its fuel operations. The company said last week it’s planning a joint venture with Centrus Energy in Ohio, focused on deconversion services for HALEU—high-assay low-enriched uranium that’s enriched beyond what standard reactors use. Deconversion, in this case, is the step that turns uranium gas into solid forms ready for reactor use.
There’s plenty of market potential here, but Oklo isn’t the only one eyeing it. Back in January, Reuters noted that Meta inked long-term nuclear energy agreements with Vistra and threw its weight behind TerraPower’s reactor projects—evidence that major tech players are diversifying their bets in the nuclear space, even though no small modular reactor has hit commercial deployment in the U.S. yet.
The bear case isn’t complicated. Oklo wrapped up September sitting on $1.18 billion in cash, cash equivalents, and marketable debt securities. Still, the company was operating at a loss, and back in 2022, the U.S. Nuclear Regulatory Commission rejected its reactor license bid, citing missing information.
Yet Oklo has made some headway at Idaho National Laboratory. In November, the company announced the Department of Energy signed off on the Nuclear Safety Design Agreement tied to its Aurora fuel fabrication facility—marking the first approval of its kind in the department’s fuel-line pilot project series.
