TLDR
- OKLO stock closed at $48.87, up 23.04% on May 23.
- Earnings date set between August 11–15, 2025.
- Wedbush raised OKLO’s price target to $55 with an Outperform rating.
- Trump’s executive orders boost U.S. nuclear sector development.
- Oklo eyes growth in small modular reactor (SMR) market.
Oklo Inc. (NYSE: OKLO) closed on May 23 at $48.87, soaring 23.04% after news of President Trump’s executive orders to accelerate nuclear energy development.
The company’s earnings are expected between August 11–15, 2025. Wedbush analyst Dan Ives also boosted the company’s price target from $45 to $55 while maintaining an Outperform rating, highlighting Oklo’s strong positioning in the evolving energy sector.
Analyst Optimism and Business Model
Wedbush’s positive stance is tied to Oklo’s unique approach: selling power directly to customers through long-term agreements. This model…
