From Yahoo Finance: 2025-05-24 10:28:00

Wedbush analyst Dan Ives raised Oklo Inc. (OKLO)’s price target to $55 from $45, maintaining an Outperform rating due to positive outlook and strategic positioning in the nuclear energy sector. Ives praised the company’s business model of selling power directly to customers through long-term agreements, foreseeing sustained revenue growth. Analysts see growth opportunities for Oklo Inc. in the small modular reactor (SMR) space, driven by increased demand for energy. Oklo Inc. shares surged 23% to close at $48.87 after President Trump signed executive orders to streamline new reactor construction. While acknowledging OKLO’s potential, some believe other AI stocks offer greater return potential with limited downside risk.

Read more: Wedbush Raises Oklo Inc. (OKLO)’s Price Target to $55, Maintains Outperform Rating