Oklo (OKLO) Initiated with Overweight Rating by Cantor Fitzgerald

by MarketNewsData

Cantor Fitzgerald has initiated coverage on Oklo Inc. (NYSE: OKLO) with an Overweight rating and a price target of $73, signaling a bullish outlook on the advanced nuclear technology company. The initiation was led by analyst Derek Soderberg, who cited long-term growth potential in the small modular reactor (SMR) market.

Key Details:

  • Rating: Overweight (Buy-equivalent)
  • Price Target: $73 (approx. 17% upside from ~$62 share price at time of call)
  • Coverage Initiated: July 15, 2025

Analyst Take:

Soderberg highlighted Oklo’s differentiated business model, including its power purchase agreement (PPA)-driven approach, vertical integration strategy, and strong regulatory progress. The firm believes Oklo is positioned to be a first mover in the commercial deployment of next-gen nuclear reactors.

Market Context:

Oklo recently began trading as a public company via a SPAC merger and is attracting attention as one of the few pure-play bets on nuclear innovation. The $17 billion AI and data center power demand in the U.S. is also seen as a potential driver for small, scalable, carbon-free energy solutions like Oklo’s.

Stock Reaction:

Shares of Oklo opened higher at $62.88, but closed down -2.34% at $60.95. The stock is up +12.79% in last 5 days

Conclusion:

Cantor’s initiation marks a vote of confidence in Oklo’s long-term vision. With no legacy power infrastructure to manage and a clear commercialization plan, Oklo could emerge as a key player in the future of clean, decentralized energy.

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