Oklo Shares Climb on Bullish Analyst Reports and Market Potential

SANTA CLARA, Aug. 27, 2025 - Shares of advanced nuclear technology developer Oklo Inc. (NYSE: OKLO) rose sharply Wednesday following a wave of optimistic analyst commentary and renewed investor focus on the company’s sizeable total addressable market.

Oklo stock gained 4.38% in early trading after Finviz highlighted the company’s potential $75billion TAM and strong profit margins in its small modular reactor (SMR) business model. Bank of America Securities’ initiation of coverage with a Buy rating and $92 price target also fueled the rally, with the firm citing Oklo’s vertically integrated structure and memoranda of understanding representing approximately 14 GW of capacity under development.

“Oklo’s combination of fuel recycling, fast reactor technology, and long-term power purchase agreements positions it uniquely to serve data centers, industrial users, and defense installations,” Bank of America analyst Dimple Gosai said in the note. The $92 target implies roughly 29% upside from current levels, according to the report.

Despite the bullish sentiment, some peers maintain caution. UBS’s recent Neutral rating on Oklo at a $65 price target underscores regulatory and execution risks still facing first-of-a-kind reactor deployments.

Oklo continues to advance its Aurora reactor licensing efforts at Idaho National Laboratory, aiming for first operations between late 2027 and early 2028. The company maintains a strong balance sheet, with over $680 million in cash and marketable securities, providing runway for ongoing development and licensing milestones.

Key Highlights

  • Stock Performance: +4.38% on Aug. 27, closing near $78 per share.
  • Analyst Coverage: Bank of America Buy rating, $92 target; UBS Neutral, $65 target.
  • Market Opportunity: $75 billion TAM in advanced reactors and SMR applications.
  • Project Pipeline: 14 GW under memorandum of understanding.
  • Financial Position: $683 million cash and marketable securities as of June 30, 2025.

Oklo’s advances underscore growing investor appetite for clean energy solutions capable of meeting surging demand from AI data centers and industrial users, even as regulatory approvals remain on the critical path to commercialization.