Overview
- A Thursday partnership announcement between Oklo, Nvidia and Los Alamos was followed by a 15.65% rise to $72.41, helped by a new HSBC Buy rating with a $96 target.
- The partnership applies AI and high‑performance computing to model nuclear fuels, build digital twins of reactor systems, and validate plutonium‑bearing fuel at Los Alamos under the federal Genesis Mission.
- Oklo says the work will support its Pluto pilot, which the Energy Department selected in 2025 to turn Cold War plutonium into power, and its Aurora plant that targets first electricity by late 2027.
- The company reports about $2.5 billion in cash with no debt and expects initial revenue later this year from the Idaho Radiochemistry Laboratory, while planning roughly $400 million in annual capital spending over the next two years.
- Analyst views remain divided, with UBS cutting its target to $60 and Craig‑Hallum to $71 as they flag costs and delivery risk, even as other targets span from $14 to $168.