AI マルチホライズン分析
短期信頼度 55%
中立
1m/5m indicators near flat; minor bounce off session low but volume subdued.
中期信頼度 65%
弱気
1H and daily charts show lower highs, negative daily MACD, and price below key moving averages.
長期信頼度 72%
弱気
Persistent operating losses, rising cash burn, and $62M+ net insider sales signal structural headwinds despite large cash balance.
AI 総合判断信頼度 68%
弱気
Heavy insider selling, widening cash burn, and daily technical breakdown outweigh the large cash position for near-term bias.
詳細な AI ファンダメンタル分析
この分析は元々 英語 で記述されました。日本語 のキャッシュ版はまだありません — 上のライブ分析を起動して生成してください。
Business Snapshot
- Oklo Inc. is a development-stage advanced nuclear company listed on the NYSE since May 2024 (CIK 1849056).
- No revenue-generating operations are reflected in the provided financials; the company reports operating losses each quarter.
- The firm maintains a substantial cash position funded through equity raises, with total assets growing rapidly from $731.1 million (2025-06-30) to $2.70 billion (2026-03-31).
Financial Trends
- Operating expenses rose from $28.0 million (2025-06-30) to $51.2 million (2026-03-31), with a spike to $139.3 million in the 2025-12-31 period.
- Net loss widened from $24.7 million (2025-06-30) to $33.1 million (2026-03-31); the 2025-12-31 period showed the largest quarterly loss at $105.7 million.
- Free cash flow burn increased from $31.9 million (2025-06-30) to $50.7 million (2026-03-31), with the 2025-12-31 period at $115.4 million.
- Cash & equivalents grew from $226.8 million (2025-06-30) to $1.59 billion (2026-03-31), driven by $1.18 billion in financing inflows during the latest quarter.
- Shareholders’ equity expanded from $696.4 million to $2.64 billion over the four periods, while total liabilities rose modestly from $34.7 million to $64.9 million.
- Current ratio remained elevated (59.9× at 2026-03-31 vs 71.3× at 2025-06-30), reflecting a balance sheet dominated by cash rather than operating assets.
Financial Health
- The latest quarter shows continued cash burn and widening losses, offset by a massive equity raise that pushed cash to $1.59 billion.
- Working capital stands at $2.19 billion with negligible debt, giving the company a multi-year runway at current burn rates.
- Retained earnings deteriorated to –$273.8 million, underscoring the pre-revenue development stage.
- No gross or operating margins are meaningful given zero reported revenue.
Insider Activity
- Overall sentiment for the 2026-03-17 to 2026-06-15 window is Neutral (–10), with $62.99 million in sells versus $0.53 million in buys across 54 total transactions.
- Notable sales include multiple executives (DeWitte, Cochran, Bealmear) disposing of tens of thousands of shares at prices between $64.99 and $70.45 on 2026-06-01 and 2026-06-02.
- Some shares appear to have been acquired at $3.18 via option exercises immediately prior to the large sales, indicating monetization of equity awards.
- Net insider selling exceeds $62.5 million over the period, concentrated in early June.
Multi-Timeframe Technical Context
- 1-minute: price +1.17% over 200 bars, RSI 53–57 (neutral), MACD slightly negative; volume below 20-period average.
- 5-minute: price +1.42%, RSI 58–67 (mildly bullish), MACD positive and expanding; volume still subdued.
- 15-minute: price +8.19% from session low of 53.05, RSI 53–59, MACD near flat; price hugging upper Bollinger Band.
- 1-hour: price –8.31% over 200 bars from 66.44 open, yet RSI 74.5 (overbought on this timeframe) with MACD bullish; session high 74.45 remains resistance.
- Daily: price –18.05% over 200 bars, RSI 39.8 (approaching oversold), MACD deeply negative; price well below all major moving averages and the lower Bollinger Band at 52.06.
Bull / Bear Cases
- Short-term bull: intraday bounces off the 53.01 low and 1-hour RSI overbought condition could support a retest of 61.80–74.45 resistance if volume expands.
- Short-term bear: daily MACD and price below the 20-/50-day averages, combined with heavy June insider selling, increase risk of further downside toward the 52.06 lower Bollinger Band.
- Long-term bull: $1.59 billion cash provides runway for project development and potential regulatory milestones without immediate dilution pressure.
- Long-term bear: persistent quarterly losses, rising cash burn, and absence of revenue leave valuation dependent on future execution and sector sentiment.
Key Levels & Triggers
- Resistance: 61.81 (1H upper Bollinger), 74.45 (session high), with daily upper Bollinger at 73.36.
- Support: 55.64 (1H lower Bollinger), 52.06 (daily lower Bollinger), and the 53.01 session low.
- Volume trigger: sustained prints above the daily 14.1 million share average would signal renewed institutional interest.
- Catalyst windows: any future SEC filings on project milestones or additional financing could shift the current neutral-to-bearish technical posture.
