Earlier this month, Oklo and European nuclear developer newcleo announced an agreement to co-invest up to US$2 billion in advanced nuclear fuel manufacturing infrastructure across the United States, with Sweden’s Blykalla considering further co-investment and fuel procurement.
This transatlantic partnership, while focused on bolstering U.S. energy security and the domestic supply chain, also signals growing global interest in next-generation nuclear technology to support rising energy demands.
Now, we’ll explore how this large-scale fuel investment and international collaboration shape Oklo’s investment narrative and future growth outlook.
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For investors considering Oklo, the big picture narrative is all about betting on the acceleration of next-generation nuclear technology, not just in the U.S. but on the international stage. The new US$2 billion partnership with Newcleo and Blykalla marks a pivotal turn, directly addressing one of Oklo’s biggest short-term catalysts: credible funding for fuel infrastructure and validation of its technology by global peers. This could enhance confidence around Oklo’s ability to scale, but it doesn’t erase persistent risks, most notably, the company’s zero revenue, high cash burn, heightened share price volatility, and ongoing questions about its US$20 billion valuation. As seen in recent price swings, even major partnerships haven’t steadied the stock, and Oklo’s lack of near-term profitability keeps the investment thesis highly speculative. The international deal supports the narrative but does not immediately resolve the core risk: the path to commercial revenue and operational execution remains unproven. On the flip side, sharp insider selling shows concerns lingering beneath the surface, information investors should not overlook.
In light of our recent valuation report, it seems possible that Oklo is trading beyond its estimated value.
OKLO Community Fair Values as at Oct 2025
Sixty-nine members of the Simply Wall St Community estimate Oklo’s fair value anywhere from US$10,000 to over US$100,000 per share, reflecting a huge spread in outlooks. This divergence in opinion underlines the uncertainty around Oklo’s ability to deliver profitable growth, especially given recent focus on its limited operating history and lack of revenue. Explore these perspectives to understand the range of expectations shaping Oklo’s market performance.