Oklo Shares Surge on Nuclear Partnerships, Analyst Upgrades

Lead Oklo Inc. shares climbed 9.15% on Friday in New York trading, closing at $114.58 after gapping up on upbeat analyst notes and fresh U.S.-U.K. nuclear energy collaboration announcements.

Nut Graf Investor enthusiasm was driven by a landmark transatlantic nuclear partnership, strategic project wins and a string of “buy” ratings, underscoring Oklo’s positioning in the growing clean-energy sector and attracting strong market interest.

Main Part Pre-market activity saw Oklo stock jump over 14%, fueled by reports that the company secured new reactor pilot projects under the U.S. Department of Energy and is planning a $1.68 billion advanced fuel recycling facility in Tennessee, benefitting from federal and international support for next-generation nuclear technology.

Analysts at HC Wainwright raised their price target from $55 to $90 and reiterated a “buy” rating, while Daiwa America upgraded Oklo to “strong-buy,” reflecting confidence in the company’s Aurora reactor program and expanding project pipeline.

Trading volume reached 5.4 million shares, with a robust gap up from the prior close of $104.97 to an opening print of $108.70, signaling broad investor demand.

Market observers also pointed to the Federal Reserve’s latest interest rate cut, which buoyed energy stocks and reinforced bullish sentiment toward capital-intensive clean-energy plays. Additional momentum came from Oklo’s inclusion in key Russell indices, increasing its visibility among institutional funds.

Looking ahead, stakeholders will monitor Oklo’s progress toward commissioning its first commercial fast-fission reactor at Idaho National Laboratory by late 2027, as the company aims to capitalize on surging power needs in data centers and industrial applications.