If you look at Oklo (OKLO 1.50%) now, would you believe that the stock made a disastrous debut in May 2024, crashing by over 50% on the day of its listing, closing at $8.09 per share, and then remaining stuck in a sideways rut for months afterward? It was only later in 2024 that shares of Oklo bottomed out after the company signed an agreement with the Department of Energy (DOE).
There's been no looking back since.
If you'd invested $1,500 in Oklo stock exactly one year ago, your money would be worth around $5,700 today.
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What's happening with Oklo stock?
Oklo is among the top-performing nuclear energy stocks of 2025. Investors started buying Oklo shares aggressively after President Donald Trump signed executive orders in mid-2025 to unleash a "nuclear energy renaissance" in the U.S.
Oklo is in the sweet spot, building fast-fission nuclear power plants called Aurora powerhouses and participating in several of the DOE's reactor pilot programs. In September 2025, it broke ground on its first power plant at the Idaho National Laboratory as part of the DOE's pilot program.
NYSE: OKLO
Key Data Points
Oklo is also playing a crucial role in the Trump administration's mission to convert the surplus plutonium stockpile into nuclear fuel by building a fuel recycling facility in Tennessee. Oklo also recently signed a $2 billion deal with France-based newcleo to develop fuel fabrication facilities in the U.S.
The company has also signed some meaningful commercial partnerships, including a 12-gigawatt (GW) agreement with Switch, a data center operator.
Is Oklo a good stock to buy now?
Oklo eventually aims to make money by selling electricity produced from its powerhouses. That may not sound like a big deal, but Oklo's fuel recycling capabilities are an important differentiator. Fuel recycling complements Oklo's core business while making it a vertically integrated company that can source for its Aurora powerhouses internally. That, and Oklo's rich lineup of collaborations, are the biggest reasons why risk-taking investors may want to keep Oklo stock on their radar or even build a long-term position.
