Core Viewpoint - Oklo's stock price has significantly declined, presenting a potential buying opportunity for growth investors as it returns to more reasonable levels after a peak increase of over 110% in early 2025 [1] Group 1: Company Developments - Oklo has pushed back the timeline for its flagship reactor project, which is now expected to be operational by early 2028 instead of the previously anticipated end of 2027 [2] - The company has secured four new pipeline deals, increasing its backlog value to an industry record, with a notable deal with Switch, a major data center provider [3][4] - The deal with Switch involves 12 gigawatts of power-generating capacity, expected to generate billions in future revenue over decades as the AI sector grows [4] - Oklo is expanding the scalability of its Aurora powerhouses from 50 megawatts to 75 megawatts in response to rising demand from data centers [5] Group 2: Financial Outlook - Oklo's cash burn is projected to increase in 2025 due to staffing and growth initiatives, but the company is well-capitalized to sustain operations for several years at the forecasted cash-use rate [6] - The acquisition of Atomic Alchemy could enable revenue generation a year or more ahead of the flagship reactors becoming operational, as it specializes in creating radioactive isotopes for various industries [7] - Although dilution affected the stock price in early 2025, it is no longer an immediate concern, with institutional buying significantly increasing in Q1 2025, netting over $280 million in shares [8] Group 3: Analyst Sentiment - Analysts maintain a bullish outlook on Oklo's stock, with a 12-month price forecast of $44.50, indicating a potential upside of 55.13% [9][10] - The consensus estimate suggests a price near $44.50 by late March, which would represent a 45% upside from critical support levels around $25 [11]
Oklo's Stock Price Meltdown Is an Opportunity to Buy