Goldman Sachs Advises Caution on Oklo Stock Amid Nuclear Energy Resurgence
Oklo shares tumbled for a second consecutive day, shedding 16.5% over two sessions—a modest pullback after the nuclear energy play's staggering 1,347% annual rally. Goldman Sachs analyst Brian Lee attributes the sector's momentum to policy tailwinds and surging data center power demand, dubbing it the 'early stages of a resurgence.'
The company boasts a 14GW project pipeline but remains pre-revenue without finalized power purchase agreements. Lee notes Oklo's 'catalyst-driven' status hinges on securing customer contracts and stable HALEU uranium supply to sustain growth beyond 2035, even as it leads the small modular reactor race.
Log in to Reply
Log in to comment your thoughtsComments
Related Articles
|Square
Get the BTCC app to start your crypto journey
Get started today Scan to join our 100M+ users