OKLO is trading at $63.90 (+4.1%) as momentum continues following a joint venture announcement with Centrus Energy to develop HALEU deconversion services.
- The partnership will co-locate operations at Centrus' Piketon, Ohio facility, adjacent to Oklo's planned 1.2 GW Meta data center campus, to address critical fuel-cycle bottlenecks.
- Texas Capital Securities maintained a Buy rating and $138 price target, citing improved efficiency and lower fuel costs resulting from the integrated operations.
- The stock continues its upward trend after gaining 6.06% on March 9, as investors react to the strategic value of securing fuel supply for advanced reactor deployments.