Wedbush reiterated its Outperform rating and $150 price target on Oklo Inc. (NYSE: OKLO), saying the company was well positioned to benefit from a surge in demand for nuclear energy as artificial intelligence data centers expand rapidly.
The firm said Oklo was “setting the stage for nuclear energy to become mainstream over the next decade,” as the global buildout of AI infrastructure was creating unprecedented energy requirements, with computing power needs projected to grow tenfold by 2030.
Wedbush reaffirmed Oklo's inclusion in its “IVES AI 30” list, emphasizing that the nuclear energy buildout was accelerating globally and that Oklo stood out as a key beneficiary of the trend.
