OKLO Stock Today: January 10 – Meta Deal Spurs 1.2GW Ohio Project
Oklo stock is back in focus after Meta’s energy deal to prepay for power from a planned 1.2GW Ohio nuclear project designed to supply AI data centers. The agreement provides upfront funding and better project visibility. For Canadians, this U.S.-listed name trades in US dollars, with ticker OKLO. The latest snapshot shows high volatility, early-stage fundamentals, and strong interest tied to AI-driven power demand. We break down what the Meta energy deal means, where the stock stands, and what to watch next.
Meta’s prepay deal and the Ohio buildout
Oklo and Meta signed an agreement supporting development of up to 1.2GW of nuclear capacity in southern Ohio, with Meta prepaying for future power to serve AI data centers. Upfront funding can accelerate engineering and site work while improving financing confidence. Read the company announcement for details and scope of the project source.
AI data centers need reliable, low-carbon baseload power. The Meta energy deal anchors long-term offtake, which can reduce revenue uncertainty and support capital raises. It also mirrors broader AI-utility momentum, as hyperscalers seek dedicated power. Media coverage highlighted Meta’s nuclear moves with both Oklo and Vistra, underscoring demand for firm power source.
Management targets the first phase by 2030, subject to Nuclear Regulatory Commission approvals, site development, and supply-chain readiness. Prepayment can help fund early design, permitting, and long-lead procurement. Investors should monitor licensing progress, grid interconnection steps, and construction updates. Oklo stock will likely track milestone execution and regulatory clarity as the Ohio nuclear project advances.
Price action, valuation, and technicals
Recent quote: US$89.34, down 8.46% on the day, with a US$80.40–US$90.85 intraday range. The 52-week span is US$17.42–US$193.84, and market cap is about US$16.46 billion. Average 50-day price is US$97.43 versus 200-day at US$75.60, pointing to strong multi-month momentum. Average volume is 14.73 million, signaling brisk interest in Oklo stock.
RSI sits at 62.81, near overbought territory, while CCI at 184.72 is overbought. Bollinger Bands center at 84.85 with the upper at 104.64. Keltner middle is 89.33. Average True Range is 8.44, highlighting elevated swings. Traders may watch the 84–90 zone for near-term direction and 65–72 as deeper support bands.
Oklo remains pre-revenue with EPS at -0.56 and a negative P/E. Price-to-book near 21 and cash per share around 3.81 reflect a premium for growth prospects. Working capital is roughly US$535 million and debt-to-equity is minimal. Oklo stock trades more on project execution and offtake visibility than on traditional utility metrics.
What analysts and forecasts imply
Analysts show 17 Buy and 9 Hold ratings, with no Sells, for a Buy consensus. The median target is US$122, with a range from US$45 to US$175, versus the recent US$89.34 quote. That implies upside if execution stays on track. However, target dispersion highlights considerable uncertainty around timelines and costs.
A composite stock grade shows B+ with a BUY suggestion. Modeled paths point to US$85.28 monthly, US$123.68 quarterly, and US$92.00 for the next year, then US$234.37 in three years. These are scenario-based and can change quickly with licensing outcomes. Oklo stock is sensitive to milestone news.
Next earnings is slated for March 23, 2026. Investors should look for updates on NRC licensing, site selection specifics, interconnection progress, and financing tranches tied to the Meta energy deal. Any clarity on staged capacity, costs, and schedule could move Oklo stock materially, up or down.
Risks, timeline, and the Canadian angle
Key hurdles include NRC approvals, final engineering, procurement, cost control, and construction execution. Slippage could delay the first phase beyond 2030. Vendors, fuel supply, and grid interconnection are critical. Despite improved financing visibility, Oklo stock remains exposed to early-stage risks common to first-of-kind deployments.
Canadian investors face USD exposure, U.S. regulatory risk, and potential volatility around AI data center power planning. Canada is also seeing AI and cloud growth, with nuclear and hydro being important in Ontario and Quebec. Consider currency impacts and diversification when evaluating Oklo stock for CAD-based portfolios.
Given pre-revenue status and high volatility, some investors may use smaller position sizes, staged entries, or hedges. Others might bracket Oklo stock with steadier utilities or energy infrastructure to balance risk. Always weigh personal risk tolerance, time horizon, and liquidity needs before committing capital.
Final Thoughts
The Meta energy deal gives Oklo upfront funding and a long-term anchor for a 1.2GW Ohio nuclear project aimed at AI data centers. It raises visibility and can speed early work, but NRC licensing, cost control, and construction execution still drive outcomes. Recent trading shows wide ranges, an overbought tilt, and a premium valuation typical of pre-revenue stories. Analyst targets imply upside if milestones land. For Canadians, mind USD exposure and volatility. The practical takeaway: track licensing updates, financing tranches, site and interconnection progress, and any schedule changes. Oklo stock will likely move with each milestone, so plan entries and risk limits before the next catalyst.
FAQs
What did Meta agree to with Oklo?
Meta agreed to prepay for power tied to Oklo’s planned 1.2GW nuclear project in southern Ohio. The prepayment supports early engineering and development and gives lenders more confidence. The goal is to provide reliable, low-carbon electricity for AI data centers under a long-term arrangement that can improve project bankability.
When could the Ohio nuclear capacity start delivering power?
Management targets the first phase by 2030, pending Nuclear Regulatory Commission approvals, site and interconnection progress, and supply-chain readiness. Timelines can shift with licensing outcomes and construction execution. Investors should monitor regulatory filings, procurement updates, and financing milestones that link to the Meta energy deal.
Is Oklo stock profitable today?
No. Oklo is pre-revenue, with EPS at -0.56 and a negative P/E. The story depends on securing approvals, building capacity, and converting agreements into cash flows. Oklo stock currently trades on expected future earnings and project milestones rather than traditional utility profitability measures.
What should Canadian investors watch next?
Focus on NRC licensing progress, details on staging of capacity, construction cost estimates, grid interconnection steps, and any new offtake or financing updates. Also watch currency effects, since Oklo trades in USD. These factors will likely drive near-term moves in Oklo stock as milestones are met or delayed.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
