Overview
- Shares reversed an early pop and were recently down to about $132, with heavy volume reported during Thursday trading.
- Canaccord’s George Gianarikas opened with a Buy, arguing long-term demand for clean baseload power persists even if AI-driven growth moderates.
- The thesis cites Oklo’s plan to build, own and operate reactors and a three-pronged HALEU supply approach spanning government awards, Centrus contracts and future reprocessing.
- The firm points to sodium‑cooled fast reactors rated 15–75 MW with passive safety heritage from EBR‑II and expects project financing to lean on debt and investment tax credits.
- Benzinga flagged near-term bearish technicals, including a MACD crossover and an RSI near 42, even as the stock remains well above its 50- and 200-day moving averages; Jim Cramer told holders to stay the course.