Overview
- Oklo shares gained 14.54% between Nov. 28 and Dec. 5, ranking among the week’s top energy movers.
- The Department of Energy announced up to $800 million for TVA and Holtec on Dec. 2, a sector boost that helped SMR names including Oklo.
- UBS raised its price target to $95 on Dec. 3, and Needham initiated coverage with a Buy rating and a $135 target on Dec. 5.
- In mid‑November, Oklo and Siemens Energy began engineering work to accelerate sourcing for Aurora’s power‑conversion system.
- Despite a roughly 400% year‑to‑date stock rise and commercial agreements with Switch and Korea Hydro & Nuclear Power, the company remains pre‑revenue, and one analysis warned of a possible 2026 bubble.