Overview
- Oklo stock rose about 16% Thursday after it announced a collaboration with Nvidia and Los Alamos National Laboratory and HSBC began coverage with a Buy and a $96 target.
- The partnership will use AI models, high‑performance simulations, and digital twins at Los Alamos to study plutonium‑bearing fuels for Oklo’s Pluto program and to support the federal Genesis Mission.
- Oklo says it holds roughly $2.5 billion in cash with no debt and expects its first revenue later this year from work tied to the Idaho Radiochemistry Laboratory.
- The company is guiding to first commercial power from its Aurora plant at Idaho National Laboratory by the end of 2027 and targets about 150 MW around 2030 for a planned Meta data‑center campus.
- Wall Street remains split with targets ranging from about $14 to $168, as firms like UBS and Craig‑Hallum cite execution and cost risks even as others turn more positive.