Overview

• Shares have roughly doubled over the past month and were up 12.6% to $143.37 on Monday, approaching a 52-week high of $144.49.
• The Department of Energy selected Oklo for three advanced nuclear fuel line pilot projects intended to bolster domestic fuel supply.
• The Nuclear Regulatory Commission accepted Oklo’s principal design criteria for an accelerated review that could streamline licensing.
• Barclays initiated coverage last week with an Overweight rating and a $146 price target.
• Oklo announced a strategic partnership with Sweden’s Blykalla AB to advance fast reactor commercialization, while the stock trades well above key moving averages and carries a Benzinga Edge Momentum score of 99.61.