Oklo Stock: Microreactor Company Rallies 15% on Government Nuclear Push

TLDR

• Oklo stock climbed 14.8% Monday to close at $89.34 per share
• Federal government announced $2.7 billion uranium-enrichment funding program
• House subcommittee to hold hearings on nuclear industry licensing and deployment
• Oklo has DOE fuel supply contracts but first reactor needs regulatory approval
• Analysts rate Oklo stock Moderate Buy with $130.10 average price target

Oklo stock posted a 14.8% gain Monday as nuclear energy stocks surged on federal support. Shares closed at $89.34, extending the winning streak to three sessions.

Oklo Inc., OKLO

The rally pushed Oklo stock up 21% year-to-date. Competing nuclear stocks NuScale Power and Nano Nuclear gained 15% and 12% respectively.

Federal Uranium Funding Boosts Oklo Stock

The Energy Department announced $2.7 billion in uranium-enrichment awards Monday. The program includes high-assay low-enriched uranium funding, critical for advanced nuclear reactors.

Oklo’s Aurora Powerhouse reactors require HALEU fuel to operate. Fuel supply constraints have slowed development timelines for the company.

Energy sector stocks gained additional momentum from weekend geopolitical developments. Venezuela events heightened investor focus on domestic energy security.

The House Energy subcommittee confirmed nuclear sector review hearings. Officials will assess licensing procedures and evaluate policy effectiveness for industry expansion.

The review follows President Trump’s executive order from last year. That directive called for accelerated nuclear development to meet AI and manufacturing energy demands.

Oklo Stock: Company Secures DOE Partnerships

Oklo has multiple Department of Energy contracts supporting fuel supply programs. These agreements focus on establishing domestic nuclear fuel production capabilities.

The company builds small modular reactors designed for commercial power generation. The first 75-megawatt Aurora Powerhouse awaits Nuclear Regulatory Commission approval.

Oklo expects commercial operations to start in late 2027 or early 2028. Regulatory approval represents the primary hurdle before deployment.

Analyst Sameer Joshi at H.C. Wainwright maintains a Buy rating on Oklo stock. His analysis emphasizes the company’s diversified revenue model.

Oklo’s strategy includes three components. Power generation from deployed reactors forms the foundation. HALEU fuel manufacturing and radioisotope sales provide additional revenue streams.

Financial models project revenue topping $21 billion by 2038. Forecasts assume full facility operations with strong gross margins.

Oklo stock has gained nearly 200% over 12 months. Investors are positioning for nuclear power adoption in AI data centers.

Oklo Stock Analysis: Wall Street Outlook

Thirteen analysts cover Oklo stock with a Moderate Buy consensus. Eight analysts rate it Buy while five recommend Hold.

The average price target for Oklo stock sits at $130.10. This implies 45.6% upside potential from current trading levels.

Wall Street cautions about elevated valuation metrics. The capital-intensive business model presents execution risks for investors.

The uranium-enrichment funding addresses key operational bottlenecks. Government backing could accelerate fuel availability and production schedules.

Nuclear stocks rallied sector-wide Monday on policy developments. The move reflects growing institutional interest in nuclear baseload power solutions.

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