Investors have heralded the promise of advanced nuclear energy specialist Oklo (OKLO +7.89%) for much of 2025. Prior to the start of this week, Oklo stock had skyrocketed more than 1,000%.
And it seems that optimism for the stock isn't entirely ebbing. An analyst's upwardly revised price target, as well as the company's report of its third-quarter 2025 financial results yesterday after the bell, is powering a steep rise in Oklo stock today.
As of 11:14 a.m. ET, shares of Oklo are up 4.1%, having retreated from an earlier rise of 12.2%.
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A quicker path toward licensing has one analyst stoked about Oklo stock's potential
Maintaining his buy rating on Oklo stock, B. Riley analyst Ryan Pfingst hiked the price target on Oklo stock to $129 from $58. The new price target implies upside of about 24% from Oklo stock's closing price of $104.22 on Tuesday.
NYSE: OKLO
Key Data Points
According to The Fly, Pfingst based the new outlook for Oklo stock on the belief that the company has a smoother path toward licensing from the Nuclear Regulatory Commission thanks to a new Department of Energy authorization framework.
In addition to reporting Q3 2025 financial results, Oklo announced yesterday that it signed a memorandum of understanding with Battelle Energy Alliance, which acts as the management and operating contractor for Idaho National Laboratory (INL). Oklo recognizes the partnership will see the parties "expand collaboration on scientific and technological research and development in areas such as advanced fuel and materials work that are mutually beneficial and support Oklo's commercial deployment."
What's a nuclear energy investor to do now?
While the B. Riley price target is noteworthy, it's important to recognize the importance of taking it with a dash of salt. Today, Bank of America downwardly revised its price target to $111 from $117, and Citigroup affirmed its $68 price target.
There's plenty of optimism baked into Oklo stock, but those with low risk tolerances will want to steer clear, choosing a nuclear energy ETF instead for industry exposure.
