Wedbush analyst Daniel Ives has maintained their bullish stance on OKLO stock, giving a Buy rating on September 16.
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Daniel Ives has given his Buy rating due to a combination of factors that highlight Oklo Inc’s strategic positioning in the nuclear energy sector. The company’s growth strategy is bolstered by the recent U.S. government support for nuclear energy, particularly following the Trump Administration’s Executive Order, which positions Oklo as a leader in this sector. This increased focus on nuclear energy is expected to drive significant growth and regulatory approvals for Oklo, making it a key player in the industry.
Additionally, Oklo’s involvement in the Nuclear Reactor Pilot Program and its plans to establish a nuclear fuel recycling facility in Tennessee further enhance its prospects. These initiatives aim to create a sustainable energy cycle that supports the growing demand for AI-driven power solutions. The company’s strategic moves to expand into the UK market, where nuclear energy is gaining traction as a critical component for AI infrastructure, also contribute to the positive outlook. These developments collectively underpin Daniel Ives’s confidence in Oklo’s potential for substantial growth and success in the evolving energy landscape.
In another report released on September 16, H.C. Wainwright also reiterated a Buy rating on the stock with a $90.00 price target.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OKLO in relation to earlier this year.