Oklo Announces Date for Third Quarter 2026 Financial Results and Business Update Call
Company announcement headlineRead source ↗
Oklo Inc. is a US-listed company in the electric utilities industry. Its financial year ends in December.
Stock price today
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Third-party market data · may be delayed
Model estimate per share
~$18
Book value (net assets)
Base case. Range ~$18–$18. Net assets per share: the value if returns just equal the cost of equity.
Price vs value
No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.
Oklo Inc. valuation: adjust assumptions and compare models →
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders0 buying, 10 selling0 purchases and 224 sales by directors and officers, last 12 monthsInsider trades
- Funds368 adding, 293 cuttingOf 51 active managers that changed their stake, 25 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Current signal Free cash flow diverging from earnings: TTM free cash flow fell 416.0% while net income fell 169.0%: a 247pp divergence.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Oklo Inc.'s latest figures clears our strength thresholds.
Things to watch
- Share dilution. Diluted shares rose 29.8% in a year.
- Volatile shares. Over the past year the shares showed annualised volatility of 92% and a beta of 4.1 against the S&P 500.
- Insiders selling. 10 insiders sold $390M of stock over the past 365 days and none bought (92% under pre-set trading plans).
- Heavily shorted. 21.9% of the shares available to trade are sold short (3.6 days of average volume to cover).
Latest results
- Earnings per share
- -$0.28 against an average estimate of -$0.16: missed by 74.6%
- Share reaction
- +6.5% in the first session after the results on March 24, 2025, against +2.0% for the S&P 500
- Next report
- November 6, 2026; average EPS estimate -$0.26
Price chart
- 1 day-6.9%
- 1 week-9.3%
- 1 month-34.4%
- This year-67.2%
- 1 year-82.3%
- 5 years+138.5%
- S&P 500 this year+11.2%
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Third-party market data · may be delayed
At a glance
Profitability
- EPS (TTM, diluted)
- $-0.93
Growth
- Share count change
- +29.8%
Cash
- Free cash flow (TTM)
- -$276M
Earnings
- Last results
- March 24, 2025
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Results
- Product
Oklo to Advance Groves-2 Forge as Part of U.S. Department of Energy’s Nuclear Energy Launch Pad Selection
Company announcement headlineRead source ↗ - Insider trade
Dewitte Jacob (Co-Founder, CEO) sold $4.4M of stock, under a pre-arranged trading plan
SEC Form 4 - Insider trade
Cochran Caroline (Co-Founder, COO) sold $4.4M of stock, under a pre-arranged trading plan
SEC Form 4 - Agreement
Oklo Inc. entered a material agreement; ended a material agreement
SEC 8-KRead source ↗ - Results
Oklo Publishes Second Quarter 2026 Financial Results and Business Update
Company announcement headlineRead source ↗ - Announcement
Oklo's Groves Reactor Achieves First Criticality in Under a Year
Company announcement headlineRead source ↗ - Leadership
Oklo Inc. announced a director or officer change
SEC 8-KRead source ↗ - Results
Oklo Announces Date for Second Quarter 2026 Financial Results and Business Update Call
Company announcement headlineRead source ↗ - Announcement
Oklo Receives U.S. Department of Energy Startup Authorization for Groves Reactor, Clearing Way for Fuel Loading and First Criticality
Company announcement headlineRead source ↗
Valuation models
We value Oklo Inc. as an utility or power producer, with every model that fits that kind of business. Cost of equity 11.2%: the 10-year Treasury yield (4.9%) plus a beta of 1.38 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Utility earnings model Net income growing 3% a year, discounted at 8%: for regulated investment that makes free cash flow negative. | — | Does not apply: net income is not positive |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no positive earnings in the latest twelve months |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: return on equity is not positive |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: the model gives no positive value |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: pays no regular dividend |
| Book value (net assets) Net assets per share: the value if returns just equal the cost of equity. | ~$18 | Primary model, counts double |
| Combined value Weighted average of the models that apply: the primary model (book value (net assets)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$18 | 1 model |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Oklo Inc. with utilities and power producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
Forecasts and guidance
Next results: November 6, 2026, before the open. Analysts expect revenue of $1m and EPS of −$0.26 (range −$0.37 to −$0.17) for the quarter.
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | −$0.96 | −33% | $3m | 0% |
| Next | −$1.02 | −6% | $9m | +198% |
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is +32.4% on 90 days ago. In the last 30 days, 0 analysts raised Oklo Inc.'s forecast and 1 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | −$0.73 | −$0.83 |
| 60 days ago | −$0.94 | −$0.96 |
| 30 days ago | −$0.97 | −$1.01 |
| 7 days ago | −$0.94 | −$1.04 |
| Now | −$0.96 | −$1.02 |
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | −$0.16 | −$0.28 | −74.6% |
| Dec 2025 | −$0.16 | −$0.27 | −65.1% |
| Sept 2025 | −$0.12 | −$0.20 | −60.9% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 21.9% of tradable shares
- Days to cover
- 3.58 at average volume
- Short interest, 1 month
- +7% to October 15, 2026
- Held by institutions
- 48% of shares
- Held by insiders
- 15.3% of shares
- Employees
- 215 full time
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|
| Return | |||||
| OKLO | +1% | +7% | +101% | +238% | −67% |
| Industry peers (median) | −1% | −4% | +16% | +16% | +5% |
| S&P 500 | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | |||||
| OKLO | 67% | 67% | 58% | 58% | 27% |
| S&P 500 | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | |||||
| OKLO | −3% | −4% | −69% | −64% | −78% |
| S&P 500 | −25% | −10% | −8% | −19% | −9% |
Worst fall since July 8, 2021: 87% from October 14, 2025 to November 2, 2026. Getting back needed a 640% gain, and the shares have not yet recovered.
Price behaviour
- 52-week range
- $23.52 – $126.67
- From 52-week high
- −81.4%
- vs 50-day average
- −33.1%
- vs 200-day average
- −56.0%
- Volatility (1 year)
- 92%
- Beta vs S&P 500
- 4.09
Share price after results
- Next day
- 2 up, 1 down typical move ±12.1%
- After a week
- 1 up, 2 down typical move ±10.5%
- After a month
- 0 up, 3 down typical move ±15.2%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| March 24, 2025 | +6.5% | +2.0% | −20.4% | −14.0% |
| November 14, 2024 | −22.0% | −1.9% | +9.3% | −19.9% |
| August 13, 2024 | +7.9% | +2.0% | −1.8% | −11.6% |
Fundamentals
Financial health
- Short-term assets cover short-term liabilities $2.5bn of assets due within a year against $52m of liabilities due within a year.
- Short-term assets cover long-term liabilities $2.5bn short-term assets against $32m of longer-dated liabilities.
- More cash than debt $1.6bn of cash against $700,000 of debt.
- Debt below 40% of shareholders' equity Debt is 0% of equity.
- Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
- A year's operating cash flow covers at least 20% of debt −$117m of operating cash flow against $700,000 of debt.
- Operating profit covers interest at least five times over No material interest expense reported.
Dividends, buybacks and capital spending
- Diluted share count
- +29.8%
- year over year
Who owns it
Funds buying and selling- Reported value
- $4.3B
- Institutions reporting
- 665
- Shares held vs prior quarter
- ▼ 7.2%
- Positions opened / closed
- 110 / 121
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Mirae Asset Global Etfs Holdings Ltd. | $468M | 8.9M | 10.8% | ▲ 0.9% |
| Van Eck Associates Corp | $414M | 7.9M | 9.6% | ▲ 30.1% |
| Blackrock, Inc. | $383M | 7.3M | 8.8% | ▼ 54.0% |
| Vanguard Capital Management LLC | $342M | 6.5M | 7.9% | ▲ 12.1% |
| Vanguard Portfolio Management LLC | $336M | 6.4M | 7.8% | ▲ 3.0% |
| Morgan Stanley | $171M | 3.3M | 3.9% | ▲ 21.7% |
| State Street Corp | $124M | 2.4M | 2.9% | ▼ 28.5% |
| Geode Capital Management, LLC | $124M | 2.4M | 2.9% | ▼ 22.6% |
| Cantor Fitzgerald, L. P. | $114M | 2.2M | 2.6% | ▲ 350.4% |
| UBS Group AG | $110M | 2.1M | 2.5% | ▲ 73.7% |
| Norges Bank | $92M | 1.8M | 2.1% | — |
| Clear Street Group Inc. | $69.6M | 1.3M | 1.6% | ▲ 166.2% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Oklo Inc.'s complete shareholder register. Values are as reported by the filers ; 9 inconsistently scaled filing rows were excluded.
Insider trading activity
Full insider history and chart Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $390M 224 trades by 10 insiders · 92% under pre-set plans
Net ▼ $390M net selling
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Renner Alexandra Chief Product Officer | October 29, 2026 | Sell | 1,068 | $26.71 | $28,524 |
| Hanson John Chief of Staff | October 29, 2026 | Sell | 1,034 | $26.71 | $27,616 |
| Narayanadas Vivek General Counsel & Secretary | October 20, 2026 | Sell pre-set plan | 1,021 | $26.50 | $27,056 |
| Narayanadas Vivek General Counsel & Secretary | October 19, 2026 | Sell pre-set plan | 2,359 | $27.63 | $65,179 |
| Renner Alexandra Chief Product Officer | October 14, 2026 | Sell | 688 | $30.75 | $21,156 |
| Narayanadas Vivek General Counsel & Secretary | October 9, 2026 | Sell pre-set plan | 364 | $34.69 | $12,627 |
| Narayanadas Vivek General Counsel & Secretary | October 6, 2026 | Sell pre-set plan | 288 | $37.29 | $10,740 |
| Narayanadas Vivek General Counsel & Secretary | October 5, 2026 | Sell | 649 | $35.93 | $23,319 |
| Bealmear Richard Craig Chief Financial Officer | October 1, 2026 | Sell pre-set plan | 16,477 | $36.87 | $607,507 |
| Dewitte Jacob Co-Founder, CEO | October 1, 2026 | Sell pre-set plan | 20,000 | $37.07 | $741,400 |
| Dewitte Jacob Co-Founder, CEO | October 1, 2026 | Sell pre-set plan | 40,000 | $36.64 | $1.5M |
| Dewitte Jacob Co-Founder, CEO | October 1, 2026 | Sell pre-set plan | 20,000 | $36.34 | $726,800 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
- March 24, 2025
- November 14, 2024
- August 13, 2024
Recent SEC filings
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 10-Q/A 10-Q/A
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- DEF 14A Proxy statement
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Oklo Inc. in brief
- What does Oklo Inc. do?
- Oklo Inc. is a US-listed company in the electric utilities industry. Its financial year ends in December.
- What is Oklo Inc.'s stock ticker?
- Oklo Inc. trades under the ticker OKLO on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Oklo Inc.'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Mirae Asset Global Etfs Holdings Ltd., Van Eck Associates Corp and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- How much debt does Oklo Inc. have?
- Oklo Inc.'s debt-to-equity ratio is 0.0%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
- Are insiders buying or selling Oklo Inc. stock?
- Over the last 12 months, Oklo Inc.'s directors and officers reported 0 open-market purchases and 224 sales on Form 4. The insider trading page charts every trade.
- When is Oklo Inc.'s next earnings date?
- Around November 6, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Oklo Inc. announces its own schedule.
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