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Oklo Rebounds After Steep Weekly Slide as ARK Trims Stake, Valuation Questions Grow

Valuation scrutiny triggered a selloff that leaves the pre-revenue developer facing the same long path to licensing and commercialization.

Overview

  • Shares have surged more than 500% in 2025 but fell over 15% this week before a Friday bounce, following a critical report on the lofty market value.
  • Cathie Wood’s ARK Autonomous Tech ETF sold about 53,353 shares (roughly $8.5 million), adding to near‑term selling pressure.
  • Oklo reported zero revenue and a $24 million Q2 net loss, holds about $683 million in cash, and targets first Aurora operations in 2027–2028 with an NRC filing expected by year‑end 2025.
  • Recent developments include alliances with newcleo and Blykalla to build U.S. fuel infrastructure with up to $2 billion of support, plus Defense Department program involvement and HALEU supply agreements.
  • Analyst views remain mixed with a reported ‘Moderate Buy’ consensus and targets implying downside, while the Financial Times and Jim Cramer highlighted risks tied to valuation, licensing and scale.