Oklo stock maintains Neutral rating at BTIG despite progress on nuclear plant

Published 12/08/2025, 12:06
Oklo stock maintains Neutral rating at BTIG despite progress on nuclear plant

Investing.com - Oklo (NYSE:OKLO) maintained its Neutral rating from BTIG following the release of its second-quarter 2025 financial results, which showed an operating loss of approximately $28 million, including about $11 million in non-cash stock compensation. According to InvestingPro data, while the company maintains a healthy balance sheet with more cash than debt and a remarkable current ratio of 36.23, it remains unprofitable over the last twelve months with an EBITDA of -$63 million.

The nuclear technology company made significant progress toward developing its first Aurora Powerhouse at the Idaho National Laboratory (INL), signing a memorandum of understanding with Korea Hydro & Nuclear Power, a subsidiary of utility KEPCO, to collaborate on developing and deploying Oklo reactors.

In July, Oklo completed the Nuclear Regulatory Commission’s pre-application readiness assessment for the first phase of the INL plant’s operating license, ahead of filing Phase 1 of the application in the fourth quarter of 2025.

The company also signed a master service agreement with the lead constructor for its first reactor at INL, with preconstruction work scheduled to begin later this quarter ahead of commercial startup expected in late 2027 or early 2028.

BTIG noted that Oklo’s timeline to startup could potentially be accelerated, as the company might qualify under an executive order targeting three operational advanced reactors by July 2026.

In other recent news, Oklo Inc. reported its second-quarter 2025 earnings, revealing a larger-than-expected loss. The company posted an earnings per share of -0.18, missing the forecast of -0.12. This 50% negative surprise in earnings has been a significant development for the company. Additionally, William Blair has reiterated an Outperform rating on Oklo, highlighting administrative momentum and strategic partnerships as positive factors. The investment firm expressed increased confidence in Oklo’s ability to meet its late-2027 timeline for its first powerhouse. This optimism is supported by progress in Nuclear Regulatory Commission regulatory rework and the company’s partnership development. These recent developments provide a mixed outlook for Oklo Inc.

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