Oklo stock climbed sharply on Thursday, and rallied 13% to hit a new all-time high of 76.20.
The move added to a strong run for the company, which has been gaining traction on Wall Street thanks to key partnerships and notable progress on its small modular reactor technology.
The stock traded between $74.00 and $75.50 at press time, correcting a bit from its all-time high levels.
With shares now sitting near the top end of that band, the broader trend points to rising confidence in Oklo’s long-term prospects.
In the past two weeks alone, the stock has jumped more than 24%, fueled by two major headlines: a positive early review of its first commercial Aurora reactor and a new partnership with Liberty Energy.
Those developments have caught the market’s attention, and with a one-year return nearing 770% and a year-to-date gain of over 215%, Oklo has quickly become one of the standout performers in the clean energy sector.
Oklo stock: What’s driving the rally?
Oklo notched a major regulatory win this week, securing approval from the US Nuclear Regulatory Commission for its readiness assessment, a key step that puts its Idaho demonstration project ahead of schedule.
The company now expects to move into commercial deployment as early as late 2027, a notable timeline in the typically slow-moving nuclear sector.
On the strategic front, Oklo announced a new partnership with Liberty Energy aimed at combining conventional and nuclear power systems.
The goal: to deliver flexible, low-carbon energy solutions for energy-intensive industries, an increasingly important market as decarbonization efforts ramp up.
Oklo’s international ambitions are also beginning to take shape.
A newly signed memorandum of understanding with Korea Hydro & Nuclear Power points to potential expansion overseas, reinforcing the company’s interest in building a long-term global presence.
Financially, the company appears well-positioned. In June, Oklo raised $400 million through a public offering, giving it the runway to support its development pipeline and scale operations.
That investor confidence is showing up in the market: trading volume surged 145% on Wednesday, with more than 22 billion shares changing hands, making it one of the day’s most actively traded names.
What analysts say?
Analyst sentiment on Oklo is leaning positive but not unanimous.
Out of nine firms covering the Oklo stock, five have issued a “Strong Buy,” one is in the “Moderate Buy” camp, and three are holding steady with a “Hold.”
Most price targets fall in a fairly tight range between $60 and $65, though the top end stretches to $75 if things go right.
Citi recently bumped its target to $68, citing improved reactor design economics. Others, including Wedbush, Cantor Fitzgerald, and Seaport Global, remain optimistic, all sticking with targets above the current price.
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