Core Insights - Oklo Inc. (NYSE:OKLO) experienced a significant share price increase of 15.55% from October 3 to October 10, 2025, ranking among the top-performing energy stocks for the week [1] - The company is backed by OpenAI's Sam Altman and focuses on developing advanced fission power plants aimed at providing clean, reliable, and affordable energy in the United States [2] - An analyst from Canaccord initiated coverage of Oklo with a 'Buy' rating and a price target of $175, indicating a potential 19% increase from current levels, despite the stock already having risen over 550% in the past six months [3] Company Outlook - The analyst anticipates that Oklo will benefit from the ongoing nuclear energy renaissance, leveraging its technological capabilities in small modular reactors (SMR) to play a significant role in the future energy landscape [4] - It is important to note that Oklo is not expected to generate revenue for at least a couple of years and is projected to achieve its first profit by 2030, with the analyst's model extending to 2050 [5]
Oklo Inc. (OKLO) Continued to Skyrocket This Week. Here is Why.