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OKLO.NYSE
Oklo
Utilities · Electric Utilities

Advanced nuclear fission company developing compact modular power plants to provide clean, reliable, and affordable energy using recycled nuclear fuel.

HQ: United StatesListed: United States

Historical AI Forecasts

Audit every published iPulse AI forecast batch and immutable historical research document for Oklo.

Historical AI Forecasts

Oklo Inc. (OKLO.NYSE) AI FORECASTS & ADVISOR ANALYSIS

Read and compare the 11 individual AI Advisor deep-dive reports, including their forecast paths, ratings, price targets, and reasoning.

Updated on 11 April 2026Deep analysis 11 April 2026

PublisherRusslan Ramdowar
25 min readAudit All Past Forecasts
Elon Musk AI advisor icon

Elon Musk AI

The Visionary FrameworkAI Researcher

Model rating

Buy

5-Year Return Est.

+348.0%

OKLO.NYSE does not currently pay dividends

1. Investment Thesis — Base Case

The base case sees Oklo surviving the brutal '' phase through 2026 and 2027 via painful but absolutely necessary ATM . By 2028, the physical reality of the Aurora powerhouse at INL triggers a massive paradigm re-rating. Once operational, the from completely rewrites their , turning them from a speculative science project into a hyper-growth utility monopoly for the AI era.

  • 2026-2027 features extreme volatility as $450M burn spooks retail and hits.
  • The NRC finally stops sandbagging and approves the COLA thanks to intense political pressure for domestic energy sovereignty.
  • Centrus JV successfully co-locates deconversion, securing the critical HALEU fuel .
  • The first 15MW Aurora reactor achieves criticality at INL by late 2028/early 2029, proving the first-principles physics work.
  • start heavily prepaying for future powerhouses, structurally solving Oklo's problem.
  • By 2031, Oklo is generating massive recurring cash flows from multiple operating sites, cementing its S-curve dominance.

Historical prices and published forecast

Historical prices and published forecastObserved prices and the selected advisor's published projection share a split-adjusted price basis. Prices after the forecast start are later observations, not information known at publication. Forecasts are uncertain. Values in USD.-16.3649.5115.36181.23247.09Jul 2021Dec 2023May 2026Oct 2028Apr 2031Forecast starts
  • Observed price
  • Published advisor forecast
Observed prices and the selected advisor's published projection share a split-adjusted price basis. Prices after the forecast start are later observations, not information known at publication. Forecasts are uncertain. Values in USD.
View chart values
Historical prices and published forecast — published chart values
SeriesDateValue (USD)
Observed price2021-07-089.98
Observed price2021-07-1210.05
Observed price2021-07-289.85
Observed price2021-08-059.95
Observed price2021-08-219.83
Observed price2021-08-259.78
Observed price2021-09-069.90
Observed price2021-09-309.83
Observed price2021-10-089.79
Observed price2021-10-209.77
Observed price2021-10-289.86
Observed price2021-11-099.85
Observed price2021-11-219.92
Observed price2021-11-2910.00
Observed price2021-12-199.79
Observed price2021-12-279.77
Observed price2022-01-129.89
Observed price2022-01-169.84
Observed price2022-01-249.68
Observed price2022-02-139.66
Observed price2022-03-019.71
Observed price2022-03-139.71
Observed price2022-03-259.79
Observed price2022-04-069.76
Observed price2022-04-189.75
Observed price2022-05-049.77
Observed price2022-05-129.69
Observed price2022-05-169.68
Observed price2022-06-019.65
Observed price2022-06-139.71
Observed price2022-06-299.67
Observed price2022-07-199.67
Observed price2022-07-239.72
Observed price2022-07-319.71
Observed price2022-08-169.77
Observed price2022-08-209.74
Observed price2022-09-099.72
Observed price2022-09-299.70
Observed price2022-10-039.74
Observed price2022-10-119.74
Observed price2022-10-279.82
Observed price2022-11-049.83
Observed price2022-11-129.85
Observed price2022-11-289.85
Observed price2022-12-069.93
Observed price2022-12-189.87
Observed price2023-01-0710.00
Observed price2023-01-159.98
Observed price2023-01-3110.02
Observed price2023-02-0410.06
Observed price2023-02-1210.12
Observed price2023-03-0410.10
Observed price2023-03-1610.11
Observed price2023-03-2810.13
Observed price2023-04-0110.16
Observed price2023-04-1710.12
Observed price2023-05-0710.32
Observed price2023-05-1110.44
Observed price2023-05-3110.70
Observed price2023-06-0410.66
Observed price2023-06-0810.55
Observed price2023-07-1010.53
Observed price2023-07-1810.35
Observed price2023-07-3010.33
Observed price2023-08-1110.35
Observed price2023-08-1510.33
Observed price2023-08-3110.36
Observed price2023-09-1210.38
Observed price2023-09-1610.34
Observed price2023-10-1010.33
Observed price2023-10-1410.30
Observed price2023-10-3010.29
Observed price2023-11-1510.33
Observed price2023-11-1910.32
Observed price2023-12-0110.38
Observed price2023-12-1710.55
Observed price2023-12-2110.64
Observed price2024-01-1010.62
Observed price2024-01-2610.75
Observed price2024-01-3011.22
Observed price2024-02-1910.63
Observed price2024-03-0210.64
Observed price2024-03-1410.80
Observed price2024-03-2210.80
Observed price2024-04-0715.07
Observed price2024-04-1912.50
Observed price2024-05-0113.94
Observed price2024-05-0918.23
Observed price2024-05-217.44
Observed price2024-05-2911.03
Observed price2024-06-068.48
Observed price2024-06-229.19
Observed price2024-07-087.42
Observed price2024-07-288.93
Observed price2024-08-057.64
Observed price2024-08-097.49
Observed price2024-08-296.44
Observed price2024-09-065.59
Observed price2024-09-228.34
Observed price2024-09-308.09
Observed price2024-10-1616.54
Observed price2024-10-2418.06
Observed price2024-10-2824.5
Observed price2024-11-1719.78
Observed price2024-11-2125.2
Observed price2024-12-1518.50
Observed price2024-12-2722.8
Observed price2024-12-3121.2
Observed price2025-01-2029.9
Observed price2025-01-2834.1
Observed price2025-02-1355.0
Observed price2025-02-1750.8
Observed price2025-03-0924.6
Observed price2025-03-2528.9
Observed price2025-03-2922.1
Observed price2025-04-0621.2
Observed price2025-04-2624.0
Observed price2025-04-3023.7
Observed price2025-05-1637.7
Observed price2025-06-0547.2
Observed price2025-06-1363.7
Observed price2025-06-1762.8
Observed price2025-07-0353.7
Observed price2025-07-1156.1
Observed price2025-07-3176.6
Observed price2025-08-1278.5
Observed price2025-08-2066.6
Observed price2025-09-0569.8
Observed price2025-09-1795.3
Observed price2025-09-29117
Observed price2025-10-11155
Observed price2025-10-15172
Observed price2025-11-04112
Observed price2025-11-08112
Observed price2025-11-2088.0
Observed price2025-12-06105
Observed price2025-12-1877.7
Observed price2025-12-3071.6
Observed price2026-01-11103
Observed price2026-01-1991.2
Observed price2026-02-0468.2
Observed price2026-02-1667.2
Observed price2026-02-2863.5
Observed price2026-03-0860.6
Observed price2026-03-2848.7
Observed price2026-04-0947.8
Observed price2026-04-1766.8
Observed price2026-05-1178.1
Observed price2026-05-1562.3
Observed price2026-05-1955.9
Observed price2026-05-2767.8
Observed price2026-06-2059.8
Observed price2026-06-2851.8
Observed price2026-07-0651.8
Observed price2026-07-1841.2
Observed price2026-07-3041.1
Observed price2026-08-0748.4
Observed price2026-09-0843.3
Observed price2026-09-1436.2
Observed price2026-09-1635.6
Observed price2026-09-1739.6
Observed price2026-09-1838.0
Published advisor forecast2026-04-1050.3
Published advisor forecast2026-07-1045.2
Published advisor forecast2026-10-1052.0
Published advisor forecast2027-01-1057.2
Published advisor forecast2027-04-1048.6
Published advisor forecast2027-07-1053.5
Published advisor forecast2027-10-1064.2
Published advisor forecast2028-01-1080.2
Published advisor forecast2028-04-1072.2
Published advisor forecast2028-07-1083.0
Published advisor forecast2028-10-10104
Published advisor forecast2029-01-10125
Published advisor forecast2029-04-10106
Published advisor forecast2029-07-10116
Published advisor forecast2029-10-10134
Published advisor forecast2030-01-10161
Published advisor forecast2030-04-10177
Published advisor forecast2030-07-10186
Published advisor forecast2030-10-10195
Published advisor forecast2031-01-10214
Published advisor forecast2031-04-10225

2. Scenarios & Signals

Bull case

The AI power crisis reaches an existential tipping point, forcing Big Tech to directly subsidize Oklo's entire pipeline. The S-curve pulls forward by two full years.

  • OpenAI or a major hyperscaler outright funds the first 10 reactors via massive prepayments.
  • NRC grants emergency regulatory waivers under the .
  • Oklo skips the phase entirely and scales directly to 100+ MW designs.
  • begins in 2027 instead of 2029.
  • The stock goes absolutely parabolic as it becomes the de facto energy monopoly for AGI.

Bear case

The physics work, but the bureaucracy and the fail. Oklo gets stuck in a permanent regulatory purgatory while burning hundreds of millions of retail capital.

  • The NRC rejects the COLA update, demanding years of additional safety data.
  • The $450M 2026 guide turns into $800M due to from the Hormuz shock.
  • Endless ATM causes a in the stock price.
  • Big Tech gets impatient and pivots entirely to geothermal or natural gas.
  • The company runs out of cash and gets sold for scraps to Constellation or a legacy utility.

Current crowd narrative

The noisy market thinks Oklo is just a Sam Altman SPAC scam burning cash with $0 revenue. They're hyper-focused on the 2026 $450M guidance and the fact that the NRC previously rejected them in 2022. The boomer analysts are screaming '' and 'science project,' entirely missing the structural panic Big Tech is facing over grid limits. The consensus trade is to short the rallies, assuming relentless ATM will crush the equity before they ever pour a single drop of concrete.

Alpha-gap assessment

The is that Oklo isn't a power company; it's the physical infrastructure layer of AGI. The crowd is pricing Oklo based on legacy utility timelines (10-15 years to build a plant). But with the 12GW Switch and the Centrus HALEU JV, Oklo has derisked the two hardest parts: customer acquisition and fuel supply. The exists because the market refuses to price in the regulatory acceleration under the current . Once the NRC greenlights the INL site, the will be violent and uncatchable.

Convergence catalyst

The formal acceptance and approval of the Custom Combined License Application (COLA) by the NRC, followed by the first physical ground-breaking at the Idaho National Laboratory site. This proves it's not vaporware and forces shorts to cover.

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