Core Viewpoint - Oklo's stock performance has been highly speculative, with significant volatility observed in recent months, particularly a 40% decline in share price despite recent contract wins from the U.S. Department of Energy [1][2][3] Financial Performance - Oklo's stock reached an all-time high of $166 in mid-October, reflecting a ninefold increase over the past year, but has since dropped to $95.36, with a market cap of $15 billion [2][7] - The company reported no revenue for Q3 2025, with analysts predicting it will not generate revenue before 2027 and will not offset costs until 2030 [4][8] - Operating costs for the year have totaled $82.2 million, with $36.3 million incurred in Q3 alone, indicating rising costs without any revenue generation [5] Cash Position and Future Outlook - Oklo holds $923 million in cash and equivalents, with a current cash burn rate of approximately $73 million annually, allowing it to remain solvent for over a decade at the current rate [7][8] - Analysts do not foresee profitability before 2030 or positive free cash flow until 2033, indicating a long wait for potential investors [8][10] - The company’s future success hinges on its ability to deliver on promises and generate revenue, which remains uncertain [9][10]
Is Oklo the Next Millionaire-Maker Nuclear Stock?