Marley Kayden says Oklo Inc. (OKLO) has plenty of promise, though its lack of revenue and continuing burn rate make it a volatile play on the A.I. race. She considers President's Trump's executive order on nuclear power a plus for Oklo and related companies, especially with an energy deficit in the U.S. Marley believes it just needs a path to profitability before it can deliver on long-term projections.
Cardinal Health, Madison Square Garden, and Applied Materials are also among companies reporting earnings. And we'll see several data sets on inflation this week.
OKLO's fuel recycling tech turns nuclear waste into power- reshaping energy, slashing costs, and beating rivals.
SMR holds a regulatory and commercial edge, but OKLO's stock has soared 701.5% despite being pre-revenue and unlicensed.
With a volume spike to 27 million shares, as compared to its daily average volume of 20.4 million, the OKLO stock is up about 12% to $75 a share.
The collaborators will combine Oklo's nuclear powerhouses with Liberty's energy services.
Key Points in This Article: Oklo's (OKLO) Aurora reactors use recycled nuclear waste, targeting AI data centers and defense.
Oklo and Liberty Energy just announced a strategic collaboration to create integrated power solutions for customers with high energy demands.
Reversing the downward slide that they had suffered over the past two trading sessions, shares of nuclear energy stock Oklo (OKLO 11.71%) are charging higher today. In addition to the company reporting a new deal, investors are bidding the stock higher in response to an analyst's bullish new take. As of 11:09 a.m. ET, shares of Oklo are up 14.1%. Collaborating with Liberty Energy, Oklo announced today that the two companies are developing an integrated power solution for data center applications that will incorporate power from Oklo's Aurora powerhouse with Liberty's natural gas generation. Lauding the agreement with Liberty, Jacob DeWitte, Oklo's CEO, said, "This collaboration gives large-scale power users a turnkey alternative that integrates generation, backup, grid interaction, and optimization, all through a single provider." Yesterday, Oklo announced that it's partnering with data center infrastructure specialist Vertiv to develop power and cooling solutions suitable for hyperscale and colocation data centers, using Oklo's small modular reactors (SMRs). Hyperscale data centers are designed to handle high computing loads such as those related to artificial intelligence (AI), while colocation data centers are facilities that can accommodate multiple customers. Citigroup's more optimistic view on Oklo stock is further fueling investors' excitement today. Boosting its price target to $68 from $30, Citigroup recognizes the value of the company's reactor design and its pipeline of projects. While the price target doesn't imply upside from where the stock is trading today, it does suggest that Oklo stock is appropriately valued and won't give back the massive gains it has secured over the past year. Enthusiasm for nuclear energy stocks like Oklo doesn't seem likely to wane anytime soon, but investors must remember that the company is still in the early days of its development. Since it's not generating revenue and continuously burning cash, Oklo should only be a consideration for investors with high thresholds for risk.
OKLO stock's 551% surge contrasts sharply with its zero revenue and slow regulatory progress.
If you're curious about why Oklo's stock (NYSE:OKLO) has experienced such a significant increase recently, you're not the only one. It has been quite a journey—driven by government contracts, nuclear excitement, and, of course, a sizable stock offering.
OKLO skips the demo phase with its Aurora reactor, aiming to outpace rivals in the race for next-gen nuclear energy.