Overview
- Shares set a new intraday high Friday before retreating as markets sold off following President Donald Trump’s signal of a possible large tariff increase on Chinese goods.
- Oklo was still up 9.9% at $151.93 at the time of publication, according to Benzinga Pro.
- Barclays and Canaccord Genuity initiated coverage this week with price targets of $146 and $175, respectively.
- Analysts cited growing demand for clean nuclear energy to power artificial intelligence workloads as a key driver of interest.
- Benzinga reported a Momentum score of 99.66 for the stock, while separate coverage noted Oklo remains pre-revenue with profitability not expected before 2030.