Oklo's Nuclear Reactors: Oklo is developing small nuclear reactors designed to provide reliable power to AI data centers, with unique fuel recycling capabilities that could allow them to operate for over a decade without refueling.
Market Performance and Valuation: Despite being pre-revenue, Oklo's stock has surged over 450% this year, leading to a market cap of approximately $18 billion, but the company still needs to generate revenue and secure regulatory approval for its reactors.
Acquisition and Revenue Potential: The recent acquisition of Atomic Alchemy, a radioisotope start-up, could provide an early revenue stream for Oklo, with potential radioisotope production starting as early as 2026, tapping into a projected $55.7 billion market.
Future Growth and Investor Considerations: For Oklo to achieve growth, it must successfully integrate its new acquisition and obtain regulatory approval to commercialize its reactors, with the first reactor targeted to be operational by 2027.
OKLO
$84.31+Infinity%1D
Analyst Views on OKLO
Wall Street analysts forecast OKLO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OKLO is 129.42 USD with a low forecast of 90.00 USD and a high forecast of 175.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
Wall Street analysts forecast OKLO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OKLO is 129.42 USD with a low forecast of 90.00 USD and a high forecast of 175.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Buy
7 Hold
0 Sell
Moderate Buy
Current: 87.420
Low
90.00
Averages
129.42
High
175.00
Current: 87.420
Low
90.00
Averages
129.42
High
175.00
Seaport Research
Neutral -> Buy
upgrade
$150
2025-12-08
Reason
Seaport Research
Price Target
$150
2025-12-08
upgrade
Neutral -> Buy
Reason
As previously reported, Seaport Research upgraded Oklo to Buy from Neutral with a $150 price target following the company's Q3 call, which provided "a wealth of information about its multivariate progress in executing its business plan." The firm bases its price target on its 2032 EBITDA estimate of $1.59B, the analyst noted.
Seaport Research
Jeff Campbell
Neutral -> Buy
upgrade
$150
2025-12-08
Reason
Seaport Research
Jeff Campbell
Price Target
$150
2025-12-08
upgrade
Neutral -> Buy
Reason
Seaport Research analyst Jeff Campbell upgraded Oklo to Buy from Neutral with a $150 price target.
Needham
Buy
initiated
$135
2025-12-05
Reason
Needham
Price Target
$135
2025-12-05
initiated
Buy
Reason
Needham initiated coverage of Oklo with a Buy rating and $135 price target. The firm cites the company's "advantaged" regulatory position and diversified fuel strategy for the Buy rating. Oklo has one of the strongest commercial pipelines in advanced nuclear, the analyst tells investors in a research note. Needham believes the Department of Energy authorization "materially reduces" first-of-a-kind nuclear reactor timeline risk, while the company's over $1.2B in liquidity supports multi-site execution. The firm views Oklo as a high-growth nuclear platform that is positioned for multi-decade demand.
UBS
Jon Windham
Neutral
maintain
$65 -> $95
2025-12-03
Reason
UBS
Jon Windham
Price Target
$65 -> $95
2025-12-03
maintain
Neutral
Reason
UBS analyst Jon Windham raised the firm's price target on Oklo to $95 from $65 and keeps a Neutral rating on the shares. Oklo appears well-positioned for a potential generational build-out of nuclear power, with its INL pilot reactor targeting criticality by July 2026 and a chance to gain share if its SMR design commercializes early, the analyst tells investors in a research note.
About OKLO
Oklo Inc. is an advanced nuclear technology company. The Company is engaged in developing fast fission power plants to provide clean, reliable, and affordable energy at scale. It is developing advanced fuel recycling technologies in collaboration with the United States Department of Energy and United States National Laboratories. It provides 24/7 clean energy to data centers, factories, industrial sites, communities, and defense facilities. It offers heat and power through power purchase agreements. Its powerhouse product line, Aurora, is designed to be inherently safe, to be able to run on fresh or recycled fuel, and to produce 15-50 megawatts electric (MWe) and with the potential to expand powerhouse size to produce 100 MWe of electricity. The Company intends to develop specialized radioisotope production capabilities to address urgent supply shortages in life-saving medical radioisotopes and advanced industrial applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
