OKLO Price Target Reduced by $15

Core Viewpoint - Oklo Inc. (NYSE:OKLO) has experienced a significant decline in share price, dropping by 10.94% from February 3 to February 10, 2026, making it one of the worst-performing energy stocks during that week [1]. Group 1: Price Target and Analyst Ratings - Goldman Sachs has reduced its price target for Oklo Inc. from $106 to $91 while maintaining a 'Neutral' rating, indicating a potential upside of over 37% from current levels [4]. - The reduction in price target reflects a cautious outlook due to rising nuclear fuel costs, which could impact the affordability of nuclear power and subsequently the demand for Oklo's small modular reactors [5]. Group 2: Market Context and Industry Trends - There is a growing global interest in nuclear power, as highlighted by Goldman's February Global Reactor Tracker, which covers developments in North America, Europe, and Asia [4]. - The investment bank has noted a strong start-of-year rally in uranium spot prices, which may influence future pricing forecasts ahead of Q4 earnings [4].