Oklo (OKLO): Nuclear Power’s New Heavyweight – DOE Contracts, $1.68B Fuel Plant & 400% Rally
Oklo (NYSE: OKLO), a Santa Clara-based advanced nuclear developer chaired by Sam Altman, surged over 400% in 2025, reaching a $17B market cap after major DOE awards and nuclear/AI momentum. The company, which went public via SPAC in May 2024, has no revenue and is not expected to be profitable in 2025. Analyst targets range from $88 to $146, with consensus at “Moderate Buy.”
