Wedbush Raises Oklo Price Target as Nuclear Sector Rallies on Policy Expectations

Wedbush analysts increased Oklo Inc.’s price target to $55 from $45, maintaining an Outperform rating as the stock trades at $39.72. The nuclear energy sector saw broad gains Friday amid expectations of executive orders from former President TRUMP to streamline regulatory approvals for nuclear projects.

Oklo’s business model—selling power directly to customers through long-term contracts—positions it for stable recurring revenue. The company aims to deploy its first nuclear plant at Idaho National Laboratory by late 2027. Recent leadership changes, including Sam Altman’s departure as Chairman, could pave the way for partnerships with OpenAI and other tech firms.

Shares surged 7.91% Friday, closing at $39.72 with a $5.5 billion market cap, mirroring gains across small modular reactor developers.