24/7 Wall St. set a $98.56 price target for Oklo (NYSE: OKLO). This target represents a 100% upside for the stock. The projection is based on the July 9 price of $49.27.
The firm issued a buy recommendation with moderate confidence. Analysts cite the nuclear energy company's regulatory progress as a primary driver. Oklo aims to secure binding deals with AI hyperscalers requiring massive power sources.
The pre-revenue company remains a high-risk investment dependent on future regulatory approvals. Success relies on converting the current pipeline into revenue-generating agreements.
The firm's bear case valuation sits at $81 per share. This figure suggests a significant potential floor above recent trading prices. Oklo continues to advance toward operational milestones for its reactor technology.