Oklo Inc. (NYSE:OKLO) is an advanced nuclear technology company focused on designing and developing fission power plants to provide reliable and commercial-scale energy. Wedbush analyst Daniel Ives reiterated an Outperform rating on OKLO stock with an $80.00 price target, citing the company’s long-term vision in the AI revolution data center buildout powered by nuclear energy.
The Trump administration’s increasing focus on the AI revolution data center buildout, utilizing nuclear energy, aligns with Oklo Inc.’s vision. The company anticipates partnering with the US Department of Defense as an important customer in the future for their projects.
While Oklo Inc. (OKLO) shows promise as an investment, some AI stocks may offer greater upside potential and less downside risk. Investors seeking undervalued AI stocks can explore opportunities that stand to benefit from Trump-era tariffs and the onshoring trend for potential growth.
Read more at Yahoo Finance: Oklo Inc. (OKLO) Backed by Wedbush Analyst as Nuclear Powers AI Revolution