Core Insights - Nuclear power is gaining attention due to increased electricity demand driven by artificial intelligence and data centers, leading investors to compare advanced reactor developers with established utilities [1] Group 1: Company Profiles - Oklo Inc. (OKLO) is a high-risk, high-reward investment focused on next-generation small reactors, while Southern Company (SO) provides income stability and visible earnings growth through regulated assets [2] - OKLO is developing a utility-like model by owning and operating Aurora small nuclear plants, with revenues expected from long-term power purchase agreements [3] - Southern Company reported adjusted earnings per share of $4.30 for 2025, a 6% increase year-over-year, and projects continued growth in earnings per share through 2028 [8][10] Group 2: Financial Performance - OKLO has a significant liquidity position with approximately $1.2 billion in cash, allowing it to fund several years of licensing and development activities [5] - Southern Company has a five-year capital plan of $81 billion, with 95% allocated to regulated utilities, supporting projected average annual rate base growth of 9% [10][11] - Southern Company has signed contracts totaling 10 gigawatts, with additional contracts nearing execution, ensuring financial stability through long-term agreements [9] Group 3: Risks and Challenges - OKLO faces elevated risks, including previous rejection of its reactor application by the Nuclear Regulatory Commission and ongoing regulatory approvals [6] - Southern Company must manage large capital projects and may dilute existing shareholders by issuing new shares to raise funds [12] - OKLO is still pre-revenue and reported a loss of 20 cents per share in Q3 2025, with expectations of continued losses until late 2027 or 2028 [7][18] Group 4: Market Performance - Over the past three months, Southern Company shares have increased by over 6%, while OKLO shares have declined by 25.3%, indicating a preference for earnings visibility and stability [13] - The price-to-book ratio for Southern Company is less than 3, while OKLO trades at 8.6 times, reflecting the higher risk associated with OKLO's growth narrative [15] Group 5: Earnings Outlook - The Zacks Consensus Estimate for Southern Company's 2026 earnings indicates a growth of 6.5%, while OKLO is projected to experience a 5.5% decline in earnings [17][18] - Southern Company is positioned for multi-year growth, while OKLO's earnings depend on regulatory milestones and capital market conditions [20]

Investors who are watching nuclear energy stocks are keeping a close eye on shares of Oklo ( NYSE:OKLO ), which are down 24% over the past month and trade near $66, well off their 52-week high of $193.84. ...

Core Viewpoint - Oklo Inc. is positioned at the convergence of two significant trends in 2026: artificial intelligence (AI) and clean energy, leading to a favorable risk-reward scenario for investment [1]. Company Analysis - The stock of Oklo Inc. is being initiated with a Buy rating at current levels, indicating a positive outlook for potential investors [1]. - The company operates within the technology landscape, particularly focusing on momentum as a key investment strategy [1]. Industry Trends - The intersection of AI and clean energy represents a major trend that is expected to shape the market landscape in 2026, highlighting the importance of innovation in these sectors [1].

Core Insights - The increasing power needs of artificial intelligence (AI) present an opportunity for companies developing small modular reactor (SMR) technology, as the International Energy Agency (IEA) predicts AI's electricity consumption will double in the coming years [1]. Company Overview - SMRs operate similarly to full-sized nuclear power plants but on a smaller scale, making them suitable for powering AI data centers due to their reduced space and resource requirements [2]. Company Analysis: Oklo - Oklo's Aurora SMR utilizes liquid sodium metal as a coolant, allowing it to produce 90% less nuclear waste compared to traditional water-cooled reactors [5][6]. - Despite its innovative technology and a government contract for an Aurora reactor at Eielson Air Force Base, Oklo currently generates no revenue and is not expected to do so until 2027 or 2028 [7]. - Oklo's market capitalization is $10 billion, with a current stock price of $63.24, but it is considered highly speculative due to its lack of revenue generation [9]. Company Analysis: NuScale - NuScale's SMR is a miniaturized conventional water-cooled reactor that can be factory-assembled and deployed, and it has been selected to support the Tennessee Valley Authority in deploying 6 gigawatts of SMR capacity [10]. - In Q3 2025, NuScale reported $8.2 million in revenue, primarily from its collaboration with Fluor on Romania's RoPower Doicești plant, which contributed $7.8 million [11]. - NuScale has a market capitalization of $3.8 billion, a current stock price of $12.61, and holds $753.8 million in cash and equivalents, indicating a stronger financial position compared to Oklo [13][14].

Key Takeaways OKLO inked a deal with Meta to develop a 1.2-GW nuclear campus in Ohio for AI data centers.The phased Aurora build targets first power around 2030, expanding to full capacity by 2034.Prepayment support aids early funding, but revenue likely waits until 2027-2028 approvals.Oklo Inc. (OKLO) has put a big marker down in the fast-growing “AI power” conversation with a landmark agreement tied to Meta Platforms’ (META) expanding data center footprint. The catch is that the story remains long-dated, ...

Range Nuclear Renaissance Index ETF (NUKZ).For more on nuclear's comeback, please join our 30- minute webcast on March 19 at 12:30 p.m. ET. [Register here].### Related Research:[A New Wave of Federal Nuclear Support & Coordination][Doors Swing Open for Advanced Nuclear in the U.K.][Not All Nuclear Exposure Is Created Equally]Looking for nuclear insights in your inbox? [Subscribe here to keep a pulse on nuclear investing through our weekly research].For more news, information, and analysis, visit the [Nuclea ...

Core Insights - Oklo and NuScale Power are two innovative companies in the nuclear technology sector, each with unique offerings and market positions [1] Company Overview - Oklo is developing a micro reactor capable of providing clean energy for over a decade without refueling, utilizing both recycled and advanced nuclear fuel for cost efficiency [1] - NuScale Power offers small modular reactors (SMRs) that can be factory-assembled and deployed as needed, having received NRC design certification for one of its reactor designs [4][6] Market Position - Oklo has a market capitalization of $10 billion, while NuScale's market cap is approximately $3.8 billion, indicating a significant valuation difference [2][8] - Oklo's reactors produce about 15 megawatts of electricity, with larger units available, while NuScale's modules generate 50MW or 77MW each, suggesting Oklo's design may appeal to customers needing smaller, continuous power solutions [9] Financial Performance - NuScale has begun generating revenue but is experiencing cash burn and heavy losses, while Oklo currently lacks sales but is diversifying its business through acquisitions [4][6][10] - Oklo's acquisition of Atomic Alchemy allows it to expand into radioisotopes, providing potential near-term revenue [10] Regulatory and Operational Status - NuScale has secured regulatory approval, giving it a first-mover advantage, whereas Oklo is still progressing through the NRC's licensing process, targeting 2027 for commercial operations [4][10]

Core Insights - Oklo is a pre-revenue company focused on advanced fission technology and nuclear fuel recycling, presenting both significant risks and potential upside for investors [1][3] Company Overview - Oklo is developing advanced fission reactors known as Aurora powerhouses to address the increasing energy demands of data centers and industries such as defense and manufacturing [2][3] - The company currently has a market capitalization of $11 billion and is trading at approximately $63.83 per share, reflecting a significant premium due to investor optimism rather than current revenue [2][4] Partnerships and Agreements - Oklo has established binding agreements with major companies, including Meta Platforms, Siemens Energy, and Liberty Energy, which are expected to convert into revenue once the technology is deployed [3][5] - The company anticipates deploying its first reactors in 2027, contingent upon receiving licensing approval from the U.S. Nuclear Regulatory Commission (NRC) [3][7] Stock Performance and Valuation - The stock has experienced substantial volatility, with a peak increase of over 700% in 2025, ending the year up nearly 240%, indicating that the valuation is driven by optimism rather than fundamentals [4][5] - As of February 19, the stock price has retreated from its 52-week high of $193, currently trading around $65 per share [5] Market Demand and Future Prospects - There is a growing demand for Oklo's reactors, particularly in light of the increasing power needs associated with AI technologies [7] - If Oklo receives the necessary approvals and successfully deploys its reactors by 2027, it could lead to substantial revenue growth and new stock highs [8]

Key Takeaways OKLO faces delayed revenue until late 2027 or 2028, with EPS negative through 2026.OKLO trades at 8.73X book, above industry, sector and S&P 500 multiples.OKLO holds $1.2B cash as Idaho construction begins, but DOE, NRC and fuel risks threaten timeline.Oklo Inc. (OKLO) offers long-term promise in advanced nuclear, but the near-term setup remains difficult. The stock carries a Zacks Rank #4 (Sell), signaling weak momentum over the next one to three months.That rating aligns with the current fun ...

Key Takeaways Oklo plans to own and run Aurora plants, monetizing power via long-term agreements.OKLO targets first commercial sales in late 2027 to early 2028 pending NRC approval.Isotope revenue may start in 2026, but cash burn of $65M-$80M guides near-term profile.Oklo Inc. (OKLO) is not trying to win by selling reactor blueprints. The company is building a utility-like model around small nuclear plants it expects to own and operate, with revenue tied to delivering energy to customers over time.That dist ...