Oklo Inc. is balancing improving project visibility against a heavier spending profile as it advances its advanced nuclear platform. The company raised expected 2026 operating cash use to $120-$150 million from $80-$100 million and increased property, plant and equipment spending guidance to $400-$500 million from $350-$450 million. Oklo ended the second quarter with $3 billion in cash and marketable securities, but generated only $1.2 million of second-quarter 2026 revenues and posted a $48.5 million net loss. The stock trades at 3.06 times trailing 12-month book value, below the 3.53 times multiple for its Zacks sub-industry, and carries a Zacks Rank #4 (Sell) with Value, Growth, Momentum and VGM Scores all of F. Fuel supply remains a critical constraint, with Centrus Energy Corp. signing a letter of intent that could supply high-assay low-enriched uranium for up to five Aurora powerhouses beginning in 2029.
