Oklo's Valuation Amid Uranium Sector Weakness and Goldman Sachs Outlook Cut

Oklo (OKLO) has seen a sharp pullback due to sector-wide uranium weakness and US-Iran nuclear talks. Despite this, the company continues to secure federal support and big tech agreements. Oklo's valuation is rich, with a P/B multiple of 8.1x, higher than peers and the US Electric Utilities industry average. The market is already pricing in anticipated success, but clear risks include Oklo's lack of revenue and net loss.