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Wedbush raises Oklo's PT amid rising US nuclear support, AI energy needs

ReutersSep 22, 2025 11:43 AM
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Wedbush raises price target for Sam Altman-backed nuclear technology firm Oklo OKLO.N to $150 from $80

New PT represents upside of ~11% to stock's last closing price on Friday

Brokerage raises PT reflecting incremental confidence in company's nuclear growth strategy as AI revolution hits its next stride of growth

Adds that OKLO's selection under Nuclear Reactor Pilot Program underscores growing U.S. government backing for fast-tracked nuclear innovation

"OKLO continues to position itself to emerge as a strategic winner in this market to ensure the U.S. remains the epicenter of advanced nuclear energy to power the AI Revolution," Wedbush says

10 out of 15 brokerages rate stock "buy" or higher, 4 "hold" and 1 "sell"; their median PT is $74.50 - data compiled by LSEG

As of last close, OKLO shares up about 537% YTD

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