Oklo Shares Climb 4.7% on Renewed Nuclear Energy Optimism

Oklo Inc. stock rallied 4.74% to close at $99.81 on the NYSE Thursday after investors cheered recent transatlantic and U.S. Air Force nuclear energy agreements. Market confidence swelled as policy backing and strategic partnerships underscored demand for small modular reactors.

Trading Highlights

  • Opened at $99.00 and peaked at $101.95, reflecting robust intraday buying.
  • Volume totaled 1.56 million shares, well below the 50-day average of 17.6 million.
  • Uptrend follows a 1,460% annual gain fueled by the U.S.-UK Atlantic nuclear pact and an Air Force microreactor award.

Atlantic Pact Spurs Momentum The landmark $60 billion U.S.-UK nuclear collaboration announced on September 16 spotlighted Oklo’s fast-fission technology, sending shares higher over consecutive sessions.

Defense Sector Win Oklo’s selection by the U.S. Air Force to build a 75 MW microreactor at Alaska’s Eielson Air Force Base cemented its role in cutting fuel logistics and enhancing base energy security.

Analyst Outlook Wall Street analysts have raised price targets and maintained “Buy” ratings on expectations that clean energy mandates and data center demand will drive reactor deployments.

Next Steps Oklo now awaits key regulatory approvals from the Nuclear Regulatory Commission and plans to scale manufacturing to meet burgeoning clean-power orders.