Oklo (NYSE: OKLO) had a successful 2025, hitting an all-time high after breaking ground on its first Aurora Powerhouse SMR facility. However, shares have since dropped over 60% from that peak, leading to questions about the company’s future trajectory.

As a pre-commercial nuclear start-up, Oklo won’t begin commercial operations until late 2027 or early 2028. Investors face at least a two-year wait before meaningful financial metrics are available, making the current share price movements driven by news and industry sentiment.

Oklo’s regulatory journey involves seeking approval from the NRC for its Aurora Powerhouse project. While participating in the Reactor Pilot Program may help streamline the approval process, uncertainty remains about the timeline for NRC approval. Investors should be prepared for volatility and risks.

Despite regulatory challenges, investing in Oklo now could yield significant gains if positive news emerges. However, the stock’s current low price reflects uncertainty, making it a risky investment. Investors should carefully consider their risk tolerance and financial goals before buying Oklo shares.

The Motley Fool’s Stock Advisor team has identified the 10 best stocks to buy now, but Oklo isn’t on the list. Past recommendations like Netflix and Nvidia have yielded substantial returns, showing the potential for growth with the right investments. Investors should weigh the risks and rewards before deciding to buy Oklo stock.

Read more at Yahoo Finance: Is Oklo Stock (OKLO) a Buy Now?