Oklo (NYSE:OKLO) has seen its price target raised by Wedbush analysts after the nuclear startup announced an anticipated agreement with the US government to provide power to the Eielson Air Force Base in Alaska. Oklo on Wednesday revealed it has been issued a Notice of Intent to Award by the Defense Logistics Agency Energy on behalf of the Department of the Air Force and the US Department of Defense (DoD).
Oklo Inc. (NYSE: OKLO) received a price target increase on Wednesday, June 12, as Wedbush Securities analyst Daniel Ives lifted his outlook to $75 from $55 while maintaining an Outperform rating. The analyst cited the Trump Administration's increased focus on using nuclear energy to power AI datacenter buildout.
Both OKLO and SMR operate in promising corners of the nuclear energy space, backed by notable partnerships and strong financials.
Oklo's stock surged on Trump's support for nuclear power, accelerating permitting timelines, but it remains highly volatile and speculative due to its pre-revenue status and uncertain profitability. Oklo's compact modular reactors target the growing data center market, offering long-term power agreements and the potential to solve key grid challenges if technology is proven. Its valuation is justified by future revenue potential and high liquidity, but significant risks remain around technology validation, regulatory approval, and capital needs.
Investors interested in OKLO stock should wait for a better entry point, considering its premium valuation and declining earnings estimates.
Two nuclear energy stocks are making major moves this afternoon, NuScale Power Corp (NYSE:SMR) and Oklo Inc (NYSE:OKLO).
Oklo (NYSE:OKLO) shares added more than 17% after the nuclear energy company said it expects to report its first revenues in early to mid-2026 from a radioisotopes project. For the first quarter, the company reported a loss per share of $0.07, slightly better than the loss per share of $0.08 expected by analysts.
Oklo's NYSE: OKLO stock price has experienced violent swings due to its rapidly improving outlook and lack of revenue. However, the market for Oklo stock reached a critical mass in May 2025, and a violent, atomic-sized upside will soon be realized.
Oklo's non-GAAP EPS beat analysts' estimates, despite having no revenue, highlighting its potential as a high-risk, high-reward investment. Oklo aims to revolutionize nuclear energy with small, scalable reactors, but has consistently delayed its deployment timelines, now targeting early 2028. The company holds $260 million in cash, no debt, and manageable cash burn, providing financial stability without immediate need for capital raises.
Investors interested in Oklo stock may consider letting it go before next Tuesday, considering its premium valuation and unfavorable Zacks rank.
Oklo is a development-stage firm focused on small nuclear reactors, offering a compelling solution to the looming energy gap in the U.S. Despite no current sales, OKLO's progress with regulators and its innovative 'powerhouse' concept make it a potential long-term compounder. After a significant stock rally, we downgraded the Company to 'Hold' due to overvaluation; recent declines now make it attractive again.
Oklo's unique vision focuses on AI infrastructure power, leveraging microreactors for clean, reliable energy. The case has merit, despite potential competition from established players like Last Energy and TerraPower. Regulatory and funding challenges persist, but Chris Wright's appointment as Energy Secretary could signal faster clearances and support for Oklo's microreactor deployments.