Wedbush analysts have designated Oklo as a “clear leader” among nuclear energy companies poised to ride the burgeoning demand wave. This confidence follows news of Oklo securing a Department of Defense contract to provide power to an Air Force base in Alaska—a major endorsement of the company’s technology and strategy.
Bullish Outlook & Raised Price Target
Wedbush raised its price target for Oklo from $55 to $75, reflecting the increasing momentum behind the firm. The analysts highlighted how the surge in demand for clean, reliable electricity—especially driven by the proliferating needs of AI data centers—is likely to play to Oklo’s strengths.
Why Oklo?
At its core, Oklo operates on a “build, own, and operate” model for its compact, small modular reactors (SMRs), offering turnkey power solutions. This model differentiates them from competitors and aligns perfectly with the U.S. military’s plan to quadruple its nuclear-powered infrastructure. Their contract at Alaska’s Eielson Air Force Base marks a key milestone in bringing their micro-reactors online.
Market Performance & Future Potential
Oklo’s stock has skyrocketed—more than tripling year-to-date—with a single-day jump of nearly 30% driven by the Alaska contract announcement. This momentum was further fueled by supportive executive orders aimed at accelerating reactor approvals, shoring up domestic fuel supply, and fast-tracking nuclear infrastructure efforts.
Bigger Picture: AI + Defense = Power Demand
Wedbush sees a direct correlation between the explosion in AI computing power (expected to grow tenfold by 2030) and the need for reliable, low-carbon energy. Oklo’s reactors offer both scalability and environmental benefits. With AI data centers and defense installations watching closely, they’re uniquely positioned to benefit.
What’s Next for Oklo?
Thanks to their DOD deal, a unique business model, and a favorable regulatory backdrop—plus surging stock performance—Oklo stands out as a top contender in the upcoming nuclear renaissance. The question hinges on how many more commercial and military agreements they can secure and how swiftly they advance licensing and deployment.
