Oklo Inc. (NYSE:OKLO) is highlighted as a hot AI stock to watch. UBS analyst Jon Windham reiterated a Neutral rating with a $95.00 price target on January 12. Oklo’s recent deal with Meta is seen as strategically valuable, but analysts remain cautious due to execution risks and a long development timeline.
Oklo secured a clean energy agreement with Meta to advance a 1.2 gigawatt campus in Ohio. Meta will prepay for power and provide funding for project development, with the first phase expected to be operational by 2030. Oklo’s Aurora-INL project aims to deliver crucial construction cost data by 2026.
The agreement showcases the increasing demand for clean energy to meet tech company needs. Oklo’s focus on recycling nuclear waste for clean energy aligns with sustainable solutions for AI power demands. While Oklo shows promise, other AI stocks may offer greater upside potential with less risk.
Oklo Inc. (NYSE:OKLO) develops advanced nuclear power plants to support clean, reliable energy solutions for AI. For more insights on AI stocks, check out the latest reports on the market’s radar and trending AI stocks on Wall Street. No disclosures were made in this news update.
Read more at Yahoo Finance: UBS Reiterates Neutral on Oklo (OKLO) After Meta Power Deal
