Analysts initiate coverage of nuclear energy firm Oklo with a Buy rating and a $130 target, citing AI and policy tailwinds.
Tigress Financial Partners initiated coverage of Oklo Inc. (NYSE:OKLO) with a Buy rating and a $130 price target. The firm highlighted Oklo’s own-and-operate model and its Aurora small modular reactor technology, which leverages liquid sodium for cooling and fast-moving neutrons for fuel efficiency.
The analyst noted Oklo’s potential to convert nuclear waste into high-margin isotopes for medical and space industries. Long-term policy support in the U.S. is expected to aid the company’s first-of-a-kind projects and fleet expansion.
Oklo develops advanced fission power plants aimed at delivering clean, reliable, and affordable energy at scale. The company’s alignment with U.S. policy goals was cited as a key growth driver.