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LIVE
OKLO
Oklo Inc. · Utilities / Nuclear Technology
$42.09
-5.42% this month
VERSUS
COMPARE
SMR
NuScale Power Corporation · Utilities / Nuclear Technology
$9.40
+8.29% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
OKLO
4
SMR
1
Comparison scoreboard
OKLO LEADS 4/5AI Score
OKLO ✓46.1
SMR 21.6
1Y Return
OKLO ✓-37.36%
SMR -71.93%
Fwd P/E
OKLO -41.91
SMR ✓-14.42
Target Up.
OKLO ✓+89.77%
SMR +34.40%
Op. Margin
OKLO ✓-6048.76%
SMR -85337.33%
Metrics last refreshed: 8/23/2026
Quick take
OKLO vs SMR Stock Comparison: AI Score, Valuation, Performance and Upside
Oklo and NuScale Power are both pre-commercial advanced nuclear technology developers pursuing different reactor designs, with Oklo focused on compact fast reactors and NuScale on modular light-water reactors.
Investors weighing Oklo against NuScale are choosing between two early-stage nuclear technology bets differentiated mainly by reactor design philosophy, regulatory progress, and target customer base.
Live analysis · updated 8/23/2026
OKLO holds the edge across 4 of 5 key metrics in this comparison. OKLO has delivered stronger 1-year price return (-37.36% vs -71.93%), though SMR has the better forward P/E setup (-14.42x vs -41.91x for OKLO). Analyst consensus implies meaningfully more upside for OKLO (+89.77%) than for SMR (+34.40%).
Normalized 1Y performance
OKLO
SMR
Recent returns
OKLO
SMR
Analyst price targets & sentiment
OKLO · 20 analysts
STRONG BUYHOLDSTRONG SELL
Buy (2.0/5.0)
Price target range
analyst low$14.00
analyst high$130.00
analyst mean$79.88
current price$42.09
+89.8% upside to analyst mean
SMR · 15 analysts
STRONG BUYHOLDSTRONG SELL
Hold (2.6/5.0)
Price target range
analyst low$6.00
analyst high$20.00
analyst mean$12.63
current price$9.40
+34.4% upside to analyst mean
Who should consider this stock?
OKLO may suit investors who:
- Want exposure to compact fast reactor technology aimed at data centers
- Believe in rising power demand from AI infrastructure as a catalyst
- Can tolerate pre-revenue volatility and licensing timeline uncertainty
- Are looking for a smaller, more differentiated nuclear technology bet
SMR may suit investors who:
- Want exposure to light-water small modular reactor technology
- Value the milestone of achieved regulatory design certification
- Are comfortable with a long timeline to first commercial deployment
- Seek exposure to utility-scale SMR adoption globally
Performance & AI score
| Metric | OKLO | SMR |
|---|---|---|
| AI score | 46.1 | 21.6 |
| AI rank | #656 | #4704 |
| Latest close | $42.09 | $9.40 |
| 1M return | -5.42% | +8.29% |
| 6M return | -37.77% | -35.79% |
| 1Y return | -37.36% | -71.93% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | OKLO | SMR |
|---|---|---|
| 1Y ago | $6.26K (-37.4%) started 2025-08-21 | $2.81K (-71.9%) started 2025-08-21 |
| 5Y ago | $42.82K (+328.2%) started 2021-08-23 | $9.34K (-6.6%) started 2022-03-01 |
| 10Y ago | $42.17K (+321.7%) started 2021-07-08 | $9.34K (-6.6%) started 2022-03-01 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | OKLO | SMR |
|---|---|---|
| Market cap | $7.83B | $3.86B |
| Trailing P/E | N/A | N/A |
| Forward P/E | -41.91 | -14.42 |
| Price/Sales | 6470.65 | 360.87 |
| EV/Revenue | 4436.60 | 256.74 |
| Analyst target | $79.88 | $12.63 |
| Target upside | +89.77% | +34.40% |
Growth, profitability & risk
| Metric | OKLO | SMR |
|---|---|---|
| Revenue growth | N/A | -99.10% |
| Earnings growth | N/A | N/A |
| EPS growth | N/A | N/A |
| FCF margin | -19778.92% | -1913.88% |
| Operating margin | -6048.76% | -85337.33% |
| Profit margin | 0.00% | 0.00% |
| ROIC proxy | -7.70% | -55.18% |
| Return on equity | -7.70% | -55.18% |
| Dividend yield | 0.00% | 0.00% |
| Beta | 1.20 | 2.31 |
| Debt/equity | 0.12 | 0.33 |
| Current ratio | 48.46 | 37.88 |
| Quick ratio | 47.63 | 37.34 |
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
OKLO max drawdown78.84%
SMR max drawdown85.79%
OKLO max wkly drop29.98%
SMR max wkly drop35.02%
5Y risk snapshot
OKLO max drawdown78.84%
SMR max drawdown87.47%
OKLO max wkly drop47.12%
SMR max wkly drop59.70%
10Y risk snapshot
OKLO max drawdown78.84%
SMR max drawdown87.47%
OKLO max wkly drop47.12%
SMR max wkly drop59.70%
Performance metrics by period
| Period | Metric | OKLO | SMR |
|---|---|---|---|
| 1Y | Growth | -37.36% | -71.93% |
| CAGR | -37.38% | -71.96% | |
| Sharpe ratio | -0.01 | -0.80 | |
| Max drawdown | 78.84% | 85.79% | |
| Max daily drop | 15.13% | 14.38% | |
| Max wkly drop | 29.98% | 35.02% | |
| 5Y | Growth | +328.18% | -6.56% |
| CAGR | +33.81% | -1.51% | |
| Sharpe ratio | 0.72 | 0.43 | |
| Max drawdown | 78.84% | 87.47% | |
| Max daily drop | 53.65% | 34.85% | |
| Max wkly drop | 47.12% | 59.70% | |
| 10Y | Growth | +321.74% | -6.56% |
| CAGR | +32.46% | -1.51% | |
| Sharpe ratio | 0.71 | 0.43 | |
| Max drawdown | 78.84% | 87.47% | |
| Max daily drop | 53.65% | 34.85% | |
| Max wkly drop | 47.12% | 59.70% |
Business comparison
| Category | OKLO | SMR |
|---|---|---|
| Company | Oklo Inc. | NuScale Power Corporation |
| Sector | Utilities / Nuclear Technology | Utilities / Nuclear Technology |
| Industry | N/A | N/A |
| Core business | Oklo is developing small, fast fission reactors known as Aurora powerhouses, aiming to provide compact, reliable power for data centers, remote sites, and industrial customers. | NuScale Power designs light-water small modular reactors (SMRs) intended to provide scalable, factory-built nuclear power for utilities and industrial customers. |
| Investor focus | Watch regulatory licensing progress with the Nuclear Regulatory Commission, customer agreements and letters of intent, and the pace of capital raises relative to cash needs. | Watch progress on regulatory design approvals, customer project agreements, and the transition from design and engineering revenue toward reactor deployment. |
OKLO strengths
- Differentiated fast reactor design distinct from traditional light-water small modular reactors
- Growing interest from data center and AI infrastructure customers seeking dedicated power
- High-profile backing and public visibility supporting capital access
SMR strengths
- First SMR design to receive US Nuclear Regulatory Commission design certification for its original module
- Established engineering relationships with utility and international customers
- Modular, factory-built approach intended to reduce construction risk versus large reactors
Risks to watch — OKLO
- Pre-revenue company with no operating reactors generating commercial power yet
- Nuclear licensing timelines are historically long and subject to regulatory delay
- Continued reliance on equity or debt financing creates dilution and execution risk
Risks to watch — SMR
- No commercial SMR project has yet been completed and placed into full operation
- History of project cancellations and delays in the SMR industry broadly
- Continued need for capital to fund engineering and pre-construction work ahead of revenue
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