Oklo Stock Is Up More Than 400% This Year. Here's Why I Wouldn't Buy It -- Yet

• Oklo is simply a apical vigor banal that's connected the cutting borderline of atomic technology.

• The institution has investments from the U.S. authorities and planetary atomic powerfulness companies.

• The institution hasn’t generated immoderate revenue, nor is it apt to earlier 2030.

• 10 stocks we similar amended than Oklo ›

Sometimes, arsenic an investor, you find a institution you love. It's an innovator, oregon it's moving connected immoderate precise chill technology, oregon it's got immoderate caller mode of doing concern that's making waves successful its industry, but you can't bring yourself to put successful it. Not yet, astatine least.

Oklo (NYSE: OKLO) is 1 of those for me. The atomic banal has changeable up 426% successful 2025 done Dec. 4, and there's a batch to emotion astir it, but determination is 1 precise large occupation holding maine backmost from buying shares.

Let's commencement with wherefore I truly similar it, arsenic good arsenic wherefore I deliberation it is surely 1 to watch.

Oklo is connected the bleeding borderline of atomic technology. For example, its Aurora tiny modular reactor (SMR) is dissimilar immoderate of those from existent competitors similar Rolls-Royce, which has pivoted from cars to water-cooled atomic reactors. But Oklo's Aurora is simply a liquid metallic cooled accelerated reactor.

Liquid metallic reactors usage liquid sodium oregon pb to chill the reactor, arsenic opposed to water. The nonstop mode they enactment is fascinating, but extracurricular the scope of this article. The bottommost enactment is that, according to the Department of Energy, these reactors:

• Extract 100 times much vigor from the aforesaid substance utilized successful water-cooled reactors.

• Are susceptible of a 90% simplification successful atomic discarded implicit accepted reactors.

• Are much resistant to meltdown, and truthful safer than water-cooled reactors.

• Can nutrient 3 times the powerfulness of a comparable water-cooled reactor.

And Oklo's Aurora reactor puts each of that successful a comparatively tiny powerfulness works that tin nutrient up to 75MWe of energy and spell arsenic agelong arsenic 20 years without refueling. The archetypal of these reactors is nether operation astatine the Idaho National Laboratory, which Oklo plans to bring online by the extremity of 2030.

Even much absorbing than that is Oklo's substance recycling technology. It's besides a spot wherever Oklo has small to nary competition. There are different SMR companies, but nary different atomic substance recycling companies successful America.

Thus Oklo is the person successful substance recycling exertion successful the United States. The institution claims that determination is capable vigor successful "spent" substance rods rotting distant successful retention astatine atomic plants astir the U.S. to powerfulness the state for implicit 150 years.

To exploit this vigor golden mine, Oklo is gathering a $1.7 cardinal atomic substance recycling installation successful Tennessee. And the institution has already won implicit $15 cardinal successful Department of Energy grants for substance recycling.