UBS cuts Oklo price target to $41, keeps Neutral rating

  • UBS analyst Jon Windham cut Oklo’s 12-month price target to $41 from $55.
  • Oklo shares traded at $38.34, near their 52-week low of $34.38.
  • Oklo plans a 5-megawatt-plus Aurora microreactor pilot at Eielson Air Force Base.

UBS analyst Jon Windham maintained a Neutral rating on Oklo but cut the 12-month price target from $55 to $41. Oklo shares were trading at $38.34 Friday, near their 52-week low of $34.38. UBS said the company remains positioned to benefit from U.S. government support for advanced nuclear power, highlighting its intended award for the Air Force’s first microreactor pilot and participation in Department of Energy reactor programs. Oklo plans to deploy a 5-megawatt-plus Aurora microreactor at Eielson Air Force Base to provide electricity and steam heating. Its test reactor has also achieved criticality in Texas. Oklo is a pre-revenue nuclear technology company developing Aurora Powerhouses and advanced small modular reactors for clean-energy applications, including data centers.

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