• Oklo (NYSE:OKLO) has entered a binding agreement with Meta Platforms to develop a 1.2 GW advanced nuclear campus dedicated to powering AI data centers.
• The partnership was highlighted at the 2026 World Economic Forum, where it drew high profile endorsements and wider attention to advanced nuclear technology.
• The deal positions small modular reactors as a potential power source for energy intensive AI infrastructure, attracting interest from institutions and policymakers.

For investors tracking NYSE:OKLO, this agreement comes with the stock trading at $82.31 and a very large 3 year return of about 7x, plus a 164.6% gain over the past year. Recent performance has been mixed in the short term, with a 7.0% return over the past month and a 13.3% decline over the past week, but the longer term move has been substantial.

The Meta partnership and visibility at the World Economic Forum put Oklo more firmly on the map within both clean energy and AI infrastructure discussions. If you are following the stock, a key focus from here is how the company executes on this large scale campus and what that could mean for future commercial agreements around small modular reactors.

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Investor Checklist

Quick Assessment

• ✅ Price vs Analyst Target: At US$82.31, Oklo trades below the US$116.77 analyst price target, so the market price sits under consensus expectations.
• ❌ Simply Wall St Valuation: Simply Wall St does not have a DCF based fair value for Oklo right now, so there is no independent valuation signal to lean on.
• ✅ Recent Momentum: The 30 day return of about 7% shows the share price has been positive into and around the Meta agreement news.

Check out Simply Wall St's in depth valuation analysis for Oklo.

Key Considerations

• 📊 The Meta agreement ties Oklo directly to power hungry AI data centers, which could be important context for how you think about future demand for its reactors.
• 📊 With current revenue at US$0 and losses of US$96.03m, many investors will likely watch for concrete project milestones, funding terms and any path toward higher future revenues.
• ⚠️ The most immediate risk is that Oklo currently makes less than US$1m in revenue and remains loss making, so execution on this large project is financially important.

Dig Deeper

For the full picture including more risks and rewards, check out the complete Oklo analysis.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.