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OKLO – Among the Energy Stocks that Gained This Week
Yahoo Finance· 2025-12-08 20:03
Core Insights - Oklo Inc. (NYSE:OKLO) experienced a significant share price increase of 14.54% from November 28 to December 5, 2025, making it one of the top-performing energy stocks during that week [1] Company Developments - Oklo Inc. 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 U.S. The company is recognized for its Aurora small modular reactor (SMR), positioning it at the forefront of nuclear technology [2] - On December 2, 2025, Oklo's stock price surged following the U.S. Department of Energy's announcement of a grant of up to $800 million to support the development of SMRs, with the Tennessee Valley Authority (TVA) and Holtec receiving up to $400 million each for their respective projects [3] - The development of SMRs represents a significant advancement for domestic nuclear technology under the Trump administration, especially in comparison to progress in countries like China and Russia [4] Analyst Ratings - On December 3, 2025, UBS analyst Jon Windham raised Oklo's price target from $65 to $95 while maintaining a 'Neutral' rating. Subsequently, on December 5, Needham initiated coverage with a 'Buy' rating and a price target of $135, citing the company's favorable regulatory position and diversified fuel strategy [5]
Oklo Inc. (OKLO) Soared to a Record High This Week. Here is Why.
Yahoo Finance· 2025-09-25 04:15
Core Insights - Oklo Inc. (NYSE:OKLO) experienced a significant share price increase of 48.86% from September 16 to September 23, 2025, making it one of the top-performing energy stocks during that week [1] - The company reached an all-time high following a groundbreaking event for its first Aurora power plant, the Aurora-INL sodium-cooled fast reactor, at Idaho National Laboratory [2] - CEO Jacob DeWitte emphasized the importance of this project, stating it allows for quicker construction of the plant and highlights the collaboration with the Department of Energy and Idaho National Laboratory since 2019 [3] - Oklo Inc. also announced plans to establish a facility in Tennessee for recycling used nuclear fuel into fuel for its fast reactors, further expanding its operational capabilities [3]