$Oklo Inc.(OKLO)$ is expected to release its fiscal Q1 2025 financial results and provide a business update on Tuesday, 13 May 2025, after the market closes. Following the release, the company will host a conference call and webcast at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the results.
Earnings Per Share (EPS): The consensus analyst forecast for Oklo's Q1 2025 EPS is approximately -$0.11. This would represent a significant improvement compared to the -$4.79 EPS reported in the same quarter of the previous year (Q1 2024). Some estimates had previously been around a loss of $0.09 per share but have slightly deteriorated in the past 60 days.
Revenue: Oklo is a development-stage company and is not expected to report any revenue for Q1 2025. The company is working towards the deployment of its first Aurora powerhouse, anticipated in 2027.
Key Figures To Watch For Oklo Inc. (OKLO) Upcoming Earnings
Net Income/Loss: Due to substantial ongoing investments in research, development, and regulatory processes for its advanced nuclear reactors, Oklo is expected to report continued quarterly losses.
Cash Position and Burn Rate: A crucial aspect for investors will be Oklo's cash reserves and its rate of expenditure. At the end of 2024, the company reported a strong cash position of $275.3 million in cash and marketable securities. Oklo has projected its cash used in operations for the full year 2025 to be between $65 million and $80 million.
Oklo Inc. (OKLO) Last Positive Earnings Call Saw Share Price Decline By 9.12%
Oklo Inc. had a positive earnings call on 24 March 2025 which saw its share price declined by 9.12% since.
The earnings call highlighted Oklo Inc.'s strategic partnerships, regulatory advancements, and financial stability, while acknowledging past regulatory setbacks and fuel supply challenges. The company's strong customer demand and technological advancements position it well for future growth.
Oklo Inc. (OKLO) Guidance
During the call, Oklo Inc. provided guidance that highlighted its strategic advancements and financial outlook for the future. The company emphasized its transformative achievements in 2024, including a significant 12-gigawatt master power agreement with Switch and a 500-megawatt partnership with Equinix. Oklo Inc.'s scalable powerhouse designs can now deliver up to 75 megawatts, optimizing their financial performance and meeting growing energy demands. The company has effectively secured its initial fuel supply for the first core load at Idaho National Lab, with plans to expand access for future deployments.
In terms of financials, Oklo Inc. reported a full-year operating loss of $52.8 billion, which included non-cash expenses, while cash used in operating activities was $38.4 million. Looking forward to 2025, they project cash used in operations to be between $65 million and $80 million, driven by headcount increases and procurement activities. The company is well-capitalized, ending the year with $275.3 million in cash and marketable securities.
Last Quarter Performance Highlights
Major Partnership Agreements : Oklo Inc. secured significant partnerships, including a 12-gigawatt master power agreement with Switch and a 500-megawatt partnership with Equinix, indicating strong demand for its nuclear solutions.
Regulatory and Technological Advances : Progress on the Aurora Powerhouse project at Idaho National Lab, including key DOE approvals and an environmental compliance permit secured. Oklo Inc. has secured high assay low enriched uranium (HALEU) fuel for its first deployment.
Strategic Acquisitions and Expansions : Completed the acquisition of Atomic Alchemy, expanding into the radioisotope market which is projected to exceed $55 billion by 2026.
Financial Position and Growth : Oklo Inc. reported a cash and marketable securities balance of $275.3 million, driven by proceeds from a business combination, and generated $7.7 million in interest income.
Increased Power Output Capability : Expanded powerhouse offering to support up to 75 megawatts of power output, enhancing flexibility and customer service.
Risks Seen In Last Reported Quarterly Earnings
Operating Loss : Reported a full-year operating loss of $52.8 billion, including significant non-cash expenses related to stock-based compensation and earn-out shares.
Regulatory Setbacks : Past regulatory challenges with the NRC, including the rejection of an application due to information gaps.
Fuel Supply Constraints : Challenges in securing long-term HALEU fuel supply, which is critical for future deployments.
Recent Strategic Developments in Q1 2025 (January-March):
Acquisition of Atomic Alchemy (March): This strategic move aims to establish a U.S. supply chain for radioisotopes, which have applications in healthcare, research, and defense. It also supports Oklo's initiatives in fuel recycling and its broader nuclear energy business.
Agreements with Idaho National Laboratory (INL) and U.S. Department of Energy (DOE) (March): Oklo entered into an Interface Agreement with INL concerning site investigation processes and finalized a Memorandum of Agreement with the DOE.
Participation in DOE's Voucher Program (February): This initiative allows Oklo to evaluate and test advanced structural materials for its Aurora powerhouse, potentially accelerating its path to commercial deployment.
Memorandum of Understanding (MOU) with Lightbridge Corporation (February): The companies are exploring the co-location of a Lightbridge commercial-scale fuel fabrication facility at Oklo's proposed site, aiming to enhance fuel recycling and supply chain efficiency.
Partnership with RPower (January): This collaboration focuses on a phased power model for data centers, intending to eventually transition from natural gas (using RPower generators) to Oklo's clean Aurora powerhouses.
Leadership Transition: Sam Altman stepped down as chairman, and CEO Jacob DeWitte assumed the chairman role.
Oklo Inc. (OKLO) Price Target
Based on 7 analysts from Tiger Brokers offering 12 month price targets for Oklo Inc in the last 3 months. The average price target is $46.83 with a high forecast of $58.00 and a low forecast of $30.00. The average price target represents a 66.70% change from the last price of $28.09.
OKLO's stock has shown significant volatility. It experienced a substantial surge over the past year, outperforming its industry peers and the broader market.
Technical Analysis - Exponential Moving Average (EMA)
Recent positive momentum was also attributed to reports of potential White House initiatives to accelerate the rollout of nuclear reactors. Despite these gains, the stock has also seen pullbacks as investors assess its valuation and path to profitability.
Analyst opinions on the stock are mixed, with ratings varying from neutral to buy, accompanied by a range of price targets. If we looked at how OKLO have been trading recently, it seems like the bulls are back in control, and we are seeing RSI forming a crossover over RSI MA, which could mean a bullish reversal, but we will need to see if OKLO can show a positive and promising path to profitability.
According to Zacks Investment Research, OKLO currently holds a Rank #4 (Sell) and has an Earnings ESP (Expected Surprise Prediction) of -4.76%, suggesting that their model does not predict an earnings beat for this quarter. The company's Price-to-Book (P/B) ratio is higher than its industry average, indicating that investors have high expectations for its future growth and profitability.
One worrying signs is the increased in short interest, there will be a potential profit taking by early investors, and there might be an increased in investors interest to sell this stock if OKLO could not meet the high expectations for its future earnings growth.
I think investors should remain cautious and watch how OKLO guidance show whether their strategy to profitability is feasible.
Summary
Investors will closely scrutinize management's discussion on the progress of the Aurora powerhouse, updates on the regulatory timeline with the Nuclear Regulatory Commission (NRC), developments in its customer pipeline (which includes significant power agreements with companies like Switch and Equinix), insights into fuel supply strategies, and the expected impact of recent strategic initiatives.
While losses are expected due to Oklo's development stage, the focus will be on the company's progress towards commercialization, strategic partnerships, cash management, and management's outlook for the future, especially in light of growing interest in advanced nuclear energy solutions.
Appreciate if you could share your thoughts in the comment section whether you think Oklo guidance would shed some light of how they are progressing towards commercialization.
@TigerStars @Daily_Discussion @Tiger_Earnings @TigerWire appreciate if you could feature this article so that fellow tiger would benefit from my investing and trading thoughts.
Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.
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