Oklo (OKLO) stock has surged 192% year-to-date due to progress in nuclear projects.

From Yahoo Finance: 2025-06-23 07:30:00

Oklo (OKLO) has seen its stock surge 192% year-to-date, catching the attention of Wall Street. Seaport Global upgraded the rating in June, reflecting growing investor confidence. The company has hit key milestones, like completing drilling at Idaho National Laboratory and securing strategic agreements. Oklo is progressing towards deploying the 15 MW Aurora microreactor and is in Phase 1 of the combined license application with the NRC. With a market cap of $8.65 billion, Oklo is a major player in clean energy, developing fast fission power plants and working on nuclear fuel recycling. OKLO stock has soared by 527% over the past 52 weeks, with a 64% increase in the last month. In the first quarter of 2025, Oklo reported no revenue but significantly narrowed its losses, impressively beating analysts’ expectations. The net loss decreased by 59.2% year over year to $9.8 million, with a Q1 loss of $0.07 per share, surpassing Wall Street forecasts. Oklo maintains $90.1 million in cash and cash equivalents to sustain operations for several years. Oklo aims to launch its first commercial small modular reactor between late 2027 and early 2028. Analysts project a 97.7% year-over-year decrease in Q2 2025 loss per share and a 37.8% narrowing of losses in fiscal year 2025. With the demand for energy increasing, nuclear energy is a promising solution. President Donald Trump has signed executive orders to accelerate the construction of nuclear power plants. Seaport Global analyst Jeff Campbell upgraded OKLO to a “Buy” rating with a $71 price target, reflecting confidence in its potential. Analysts have a “Strong Buy” consensus on OKLO, with a Street-High target of $75, indicating a 21% upside potential.



Read more at Yahoo Finance: 1 Nuclear Energy Stock to Buy With 21% Upside Potential in June 2025