Core Viewpoint - Oklo (OKLO) stock has experienced a significant decline due to rising uranium prices impacting the viability of small modular nuclear reactors, with a notable selloff following the sale of over $2 million in shares by top executives [1][2]. Group 1: Stock Performance - OKLO shares have dropped more than 60% from their peak in October 2025, indicating a severe downturn [2]. - Despite the decline, a senior analyst from Canaccord Genuity believes that OKLO shares could nearly triple in value over the next 12 months [2]. Group 2: Analyst Insights - Canaccord's George Gianarikas maintains a bullish outlook for OKLO, projecting a price target of $175 by the end of the year, viewing the current uranium price concerns as a temporary challenge [5]. - Gianarikas highlights OKLO's vertically integrated business model as a competitive advantage, allowing the company to manage the entire lifecycle of energy delivery and capture higher margins despite rising raw material costs [6]. Group 3: Strategic Positioning - Canaccord Genuity recommends purchasing OKLO shares at current oversold levels, emphasizing the company's strategic positioning within the AI-Nuclear Nexus, which is crucial for meeting the power demands of data center giants [7]. - OKLO's pipeline includes a significant 1.2-gigawatt agreement with Meta Platforms, showcasing a well-structured strategy that few competitors can replicate [8]. - With over $1 billion in cash reserves and a criticality test scheduled for July, the current stock price does not reflect the substantial revenue potential once the first Aurora powerhouse becomes operational [8].
As Oklo Stock Plunges, One Analyst Still Thinks It Can Gain 175%