Oklo Gets Bullish Wall Street Backing as BofA Initiates Buy Coverage
BofA highlights Oklo’s build-own-operate SMR model, its 1.2 GW deal with Meta, and a large customer pipeline.
BofA highlights Oklo’s build-own-operate SMR model, its 1.2 GW deal with Meta, and a large customer pipeline.
Oklo shares swung sharply after reporting a $33.1M Q1 loss, slightly worse than expected. The AI-nuclear startup remains up 150% over the past year despite having zero revenue.
Oklo teams with NVIDIA to use AI in nuclear research, aiming to deliver clean, reliable power by 2027 despite some concerns.
US plan to deploy nuclear reactors in space boosts stocks; NASA targets the Moon by 2030, helping private space energy firms grow rapidly.
Pre-revenue Oklo reports wider-than-expected 2025 loss of $0.72/share. Stock struggles persist despite regulatory progress focus.
The U.S. Department of Energy will seek state partners for “Nuclear Lifecycle Innovation Campuses” to support nuclear fuel recycling and advanced reactors.