Recommendation: Buy
| Entry Date | Symbol | Recommendation | Entry Price (USD) | Target 1 (USD) | Target 2 (USD) | Holding Duration | Potential Upside* |
|---|---|---|---|---|---|---|---|
| 24 Mar, 25 | OKLO | Buy | USD 27.16 | USD 29.2 | USD 30.0 | 1 day | 10.5% |
*Potential Upside (%) indicates the expected percentage increase from the Entry Price to the Target 2 Price.
Data Powered by EOD Historical Data (“EODHD”).
Strong Partnerships
Oklo secured major LOIs with companies like Equinix and Diamondback Energy, highlighting market interest.
Innovation
The company is advancing nuclear technology, with successful fuel recycling demonstrations and plans for the first U.S. small nuclear reactor.
Regulatory Challenges
Developing new nuclear technology faces significant regulatory hurdles, which could delay projects.
Financial Losses
Oklo reported a net loss of USD 73.6 million in FY24, driven by high operational costs.
Regulatory Approval Delays, High Capital Expenditure, Technological and Operational Uncertainty, Market Adoption and Competition, etc.
| Entry Price | Support* | Target 1 | Target 2 |
|---|---|---|---|
| 27.16 | 24.0 | 29.2 | 30.0 |
Data Source: REFINITIV, Analysis: StockNextt
*Support can be considered as an indicative stop-loss, and if prices move below that level on closing basis individuals may evaluate exiting the position depending on their risk appetite, previous holdings, and other factors considered. The support and resistance levels may need to be re-evaluated within 4-6 weeks’ time frame depending on the stock price movements from the date of recommendation on the stock.
Key Milestones Achieved in 2024:
Loss from Operations: Oklo's FY24 loss from operations amounted to USD 52.8 million, compared to USD 18.6 million in FY23. This increase was primarily driven by higher payroll, professional fees, and other general business expenses. These costs included approximately USD 12.5 million in non-cash stock-based compensation, which was not accounted for in the original forecast.
Net Loss After Tax: Oklo's FY24 net loss totaled USD 73.6 million, compared to a net loss of USD 32.2 million in FY23. The net loss consists of a USD 52.8 million loss from operations, USD 27.9 million in fair market value charges on SAFE notes prior to conversion, and a tax expense of USD 0.7 million, offset by USD 7.7 million in interest income.
Cash and Marketable Securities: As of December 31, 2024, Oklo held cash and marketable securities totaling USD 275.3 million, compared to USD 9.68 million as of December 31, 2023. This increase was primarily due to proceeds from the business combination with ALTC. The funds have been used to support the deployment of the company’s first power plant at INL, license application fees, the progression of fuel recycling activities, and the operations of the recently acquired Atomic Alchemy business.
Considering recent key business, financial updates, current trading levels, and key business risks, a ‘Buy’ recommendation has been given on Oklo Inc (NYSE: OKLO) at the closing market price of USD 27.16, as on March 21, 2025.
Data Powered by EOD Historical Data (“EODHD”).
Sector: Industry:
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) |
|---|---|---|---|---|---|---|
| OKLO Oklo Inc. |
1.66 7.67% | 23.29 | - | - | - | - |
Data Powered by EOD Historical Data (“EODHD”).
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Target: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Target 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Target 2 may act as the crucial resistance level for the stock.
Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.
Disclaimer :
This report has been issued by StockNextt which has an Ontario Business Identification Number 1000958347 and British Columbia registration Number FM1051529 is a trade name under Kalkine Canada Advisory Services Inc. having Business Number 761925130BC0001. Kalkine Canada Advisory Services Inc. and StockNextt are collectively referred to as “StockNextt”, “we”, “us”, and “our”. The website https://stocknextt.com and associated pages are published by StockNextt. The information in this report and on the StockNextt website has been prepared from a wide variety of sources, which StockNextt, to the best of its knowledge and belief, considers accurate. StcokNextt has made every effort to ensure the reliability of information contained in its reports, newsletters, and websites. All information represents our views at the date of publication and may change without notice. The information in this report does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products. Our reports contain general recommendations for investing in securities and other financial products. StockNextt does not offer financial advice based upon your personal financial situation or goals, and we shall not be held liable for any investment or trading losses you may incur by using the opinions expressed in our reports, publications, market updates, news alerts and corporate profiles. StockNextt does not intend to exclude any liability which it is not permitted to exclude under applicable law or regulation. StockNextt’s general advice does not in any way endorse or recommend individuals, investment products or services for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a professional authorised financial planner and adviser. You should be aware that the value of any investment and the income from it can go down as well as up and you may not get back the amount invested. Please also read our Terms and conditions for further information. Employees and/or associates of StockNextt and its related entities may hold an interest in the securities or other financial products covered in this report or on the StockNextt website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.
Copyright © 2023 Krish Capital Pty Ltd. All rights reserved. No part of this website, or its content, may be reproduced in any form without our prior consent.
