Oklo stock surges on government contract and new price target of $75
From Yahoo Finance: 2025-06-26 14:01:00
Nuclear energy provider Oklo (OKLO) is thriving due to increased interest in nuclear power from AI and data center operations. Oklo recently landed a Street-high price target of $75 after winning a government contract and reaching a new 52-week high. The company focuses on small modular reactors, aiming to sell power directly to customers.
Despite being pre-revenue, Oklo’s stock has surged 528% in the past 52 weeks, with shares up 165% in 2025 alone. The company reported a net loss of $9.8 million in the first quarter of 2025, with total operating expenses at $17.9 million. Oklo remains optimistic about its operations, pursuing various opportunities for growth, including potential defense contracts.
Analysts are bullish on Oklo, with Wedbush and Seaport Global assigning a price target of $75 and $71, respectively. William Blair initiated coverage with an “Outperform” rating, citing the company’s unique business model. H.C. Wainwright also initiated coverage with a “Buy” rating and a price target of $55. Oklo has a consensus “Moderate Buy” rating with a price target of $60.28, indicating 9% upside potential.
Read more at Yahoo Finance: Can Oklo Stock Hit $75 in 2025?