Overview

• Shares extended last week’s surge tied to U.S.–U.K. nuclear cooperation and U.S. policy moves, with the stock recovering intraday Monday and touching a new 52-week high, according to Benzinga.
• Wedbush’s Dan Ives raised his 12-month price target to $150, citing expected nuclear support in Washington and Oklo’s pitch to power AI data centers.
• Oklo held a ceremonial start for its first Aurora unit at Idaho National Laboratory, a DOE pilot project event attended by senior federal and state officials including the NRC chair and DOE leaders.
• Yahoo Finance noted the U.S.–U.K. initiative may not directly aid Oklo and could favor rivals, underscoring that commercialization timelines and profitability remain years away.
• Oklo remains pre-revenue with no approved full-scale Aurora reactor, expects a 2025 cash burn of roughly $65 million to $80 million, and has completed two of four DOE steps to fabricate the initial core for Aurora-INL.