Oklo (NYSE:OKLO) Announces Earnings Results

08 Nov 2026, 07:56 by Teresa Graham · The Cerbat Gem

Oklo (NYSE:OKLO – Get Free Report) issued its quarterly earnings results on Friday. The company reported ($0.22) EPS for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.05, FiscalAI reports. The company had revenue of $1.86 million during the quarter, compared to the consensus estimate of $1.03 million. During the same period in the previous year, the company earned ($0.20) EPS.

Here are the key takeaways from Oklo’s conference call:

Aurora-ID construction is advancing: excavation is complete, structural steel and safety-related rebar work are underway, and DOE has approved the preliminary safety analysis. Oklo is also installing equipment at its fuel-fabrication facility and targets its first full fuel assembly in 2027.
Oklo reported a $123.3 million year-to-date net loss and $110.9 million of cash used in operations through September. Its $3.1 billion in cash and marketable securities includes $2.3 billion raised through ATM offerings, while full-year operating cash use is still expected at $120 million–$150 million.
The 10-Q places Aurora-ID’s expected startup in 2028–2029; management cited commissioning, testing, and equipment-integration needs as reasons to maintain schedule flexibility. The Ohio project’s Meta agreement is not yet binding to build, and its interconnection process is expected to continue over the next 24 months.
Oklo is pursuing revenue beyond power sales through fuel fabrication, recycling, and isotope production. Groves-2 was selected for DOE’s Nuclear Energy Launch Pad, and management is targeting 2027 for recycling-pilot commissioning and its first contracted isotope delivery, while noting these milestones depend on execution and approvals.

Oklo Stock Performance

Shares of OKLO opened at $23.55 on Friday. Oklo has a fifty-two week low of $18.53 and a fifty-two week high of $117.44. The firm has a market cap of $4.38 billion, a price-to-earnings ratio of -24.53 and a beta of 1.31. The firm has a 50 day moving average price of $33.56 and a 200-day moving average price of $52.36.

Analysts Set New Price Targets

OKLO has been the subject of several research reports. Citigroup cut their target price on shares of Oklo from $57.50 to $33.00 and set a “neutral” rating for the company in a research report on Wednesday, October 21st. HC Wainwright restated a “buy” rating and set a $90.00 price target on shares of Oklo in a research report on Monday, August 10th. TD Cowen began coverage on Oklo in a research note on Monday, October 26th. They set a “hold” rating and a $26.00 price target for the company. UBS Group cut their price objective on Oklo from $55.00 to $41.00 and set a “neutral” rating for the company in a report on Friday, September 25th. Finally, Barclays reduced their price objective on Oklo from $76.00 to $59.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Oklo has a consensus rating of “Moderate Buy” and a consensus price target of $69.72.

View Our Latest Stock Analysis on OKLO

Insider Activity at Oklo

In other Oklo news, Director John M. Jansen sold 6,354 shares of the business’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $36.67, for a total value of $233,001.18. Following the completion of the sale, the director directly owned 6,000 shares of the company’s stock, valued at $220,020. The trade was a 51.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Richard Bealmear sold 16,727 shares of the company’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $25.55, for a total transaction of $427,374.85. Following the sale, the chief financial officer owned 467,261 shares of the company’s stock, valued at approximately $11,938,518.55. The trade was a 3.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 350,203 shares of company stock worth $12,424,945 in the last 90 days. Corporate insiders own 12.70% of the company’s stock.

Trending Headlines about Oklo

Here are the key news stories impacting Oklo this week:

Positive Sentiment: Oklo reported a Q3 loss of $0.22 per share, narrower than analysts’ average estimate of $0.27, and revenue of $1.86 million, above the $1.03 million consensus cited in reports. The better-than-expected results helped lift the shares. MarketWatch earnings report
Positive Sentiment: The company agreed to work with U.S. Forged Rings on planned domestic manufacturing capacity for large reactor components. The arrangement is intended to help address potential supply bottlenecks for future Aurora powerhouse deployments. Manufacturing partnership announcement
Positive Sentiment: A broader rebound in nuclear-energy stocks also supported the move, suggesting some of the prior sector-wide pressure eased. Nuclear stocks rebound
Negative Sentiment: Oklo still has very limited revenue and reported a quarterly loss. Its reported $3.13 billion in cash and investments offers funding for development, but much of that balance came from stock sales, highlighting reliance on capital markets and potential dilution as it pursues costly projects. Quarterly results and cash position

About Oklo

(Get Free Report)

Oklo Inc develops advanced nuclear fission power plants designed to provide reliable, carbon-free electricity. Its Aurora powerhouse concept uses fast-reactor technology and is designed to operate with metallic fuel, including fuel derived from recycled nuclear material. Oklo is developing its technology and has not yet established a commercial operating fleet.

The company plans to supply electricity through long-term power agreements rather than relying solely on equipment sales. Its prospective customers include data centers, industrial facilities, and other users seeking dependable power, with its development efforts focused primarily on the United States.