Oklo Stock (NYSE: OKLO) Continues to Rise as Bullish Analyst Coverage Added

Craig-Hallum has initiated coverage on Oklo (NYSE: OKLO) with a Buy rating, setting a price target of $44.00. Currently, Oklo’s stock is trading at $36.73 after a 7.65% gain on the day. The stock has impressively added 68.10% through the first month of 2025, and more than 200% over the past year.

The company is recognised for its pioneering work in Advanced Small Modular Reactors (SMRs). These reactors provide 24/7 power generation, delivering benefits such as increased safety and reduced capital costs. Oklo’s business model includes building, owning, and operating nuclear power plants, ensuring an expedited adoption and regulatory process.

Over an 18-month period, Oklo’s commercial pipeline expanded significantly, with a 20-fold increase to over 14 gigawatts. This expansion involves partnerships with entities like Equinix and Switch, underlining Oklo’s growth strategy and market penetration. Another recent strategic partnership with RPower targets a phased power strategy for data centers transitioning to emissions-free energy.

Oklo has seemingly captured the attention of the street, with targets on the stock ranging from $27 to $45. The company has witnessed recent upward revisions in earnings expectations, indicating solid performance and potential growth. Wedbush analysts back this outlook with a $45 target, complementing Craig-Hallum’s sentiment, while Citi maintains a Neutral stance.