Oklo (OKLO) stock faced downward pressure on February 12, 2026, tracking a broader Nasdaq Composite decline of over 1.6% driven by tech sector weakness and AI spending concerns. While long-term sentiment remains supported by a 1.2GW deal with Meta, the company’s high valuation and pre-commercial status continue to draw investor scrutiny.
- The stock traded between $64.90 and $67.77 during the session, following a previous close of $66.23, amid a market sell-off triggered by Cisco’s 10% decline.
- Oklo currently maintains a stretched 8.6x P/B valuation compared to the peer average of 1.9x, reporting a $76.561 million loss with no current revenue forecast.
- Despite recent volatility, analysts like Texas Capital remain optimistic with a $138 price target, emphasizing the significance of recent U.S. Department of Energy funding for nuclear fuel recycling.