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

Oklo

22/09/2025 12:43

** 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

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))