Oklo (OKLO) Stock Today, 25 November 2025: Price, Citi Upgrade, $13 Billion Wipeout and What’s Next

Oklo Inc. (NYSE: OKLO) heads into Tuesday, 25 November 2025, as one of the most volatile — and most debated — names in the nuclear and AI-energy trade. The stock is hovering around the high‑$80s after rocketing to nearly $200 in October and then shedding more than half its value in a matter of weeks. ^[1]

Fresh headlines over the last 24 hours include a Citi price‑target hike, new institutional ownership disclosures, and more analysis of the company’s Siemens Energy deal and regulatory milestones. At the same time, analysts and commentators are openly wrestling with whether Oklo’s valuation can be justified for a pre‑revenue nuclear start‑up facing long lead times and heavy insider selling. ^[2]

Below is a full rundown of Oklo’s share price, all the key news currently in play for 25 November 2025, and the major themes traders are watching today.

Oklo stock price today (25 November 2025)

As of the latest U.S. close, Oklo shares last traded at $89.55, with an intraday range of $86.68–$93.18 and volume of roughly 24.6 million shares.

Indian brokerage data, which reflects the same latest close in local time, shows Oklo: ^[3]

Around $89.55 per share as of early 25 November IST
Roughly 54% below its 52‑week high of $193.84
More than 420% above its 52‑week low of $17.14

In other words, Oklo is still up several hundred percent over the past year but is now trading at a much lower altitude than its October peak, when the company briefly commanded a market capitalization of around $25.7 billion before sliding to about $13.7 billion today. ^[4]

That backdrop of extreme boom‑and‑bust price action is crucial context for interpreting today’s headlines.

All the latest Oklo stock news for 25 November 2025

1. Citi raises Oklo price target to $95, but keeps a Neutral rating

The most market‑moving update heading into today’s session is from Citigroup:

Citi analyst Vikram Bagri has raised Oklo’s price target from $68 to $95 while maintaining a Neutral rating. ^[5]
In Monday’s U.S. session, Oklo traded modestly higher around $90.08, with AskTraders noting that Citi’s call reflects “growing confidence” in Oklo’s strategy and especially its radioisotope business, which could become an earlier revenue stream than full‑scale reactors. ^[6]

Citi’s update follows Q3 results and meetings with management, and it explicitly incorporates the potential upside from Oklo’s radioisotope unit (Atomic Alchemy), which aims to produce medical and industrial isotopes that could generate revenue before the first Aurora reactors are commercially online. ^[7]

However, by sticking with a Neutral rating, Citi is effectively signalling that while it sees upside from current levels, it also recognizes major execution and valuation risks.

2. Invezz highlights a “$13 billion wipeout” and rising short interest

A widely shared article syndicated via Cryptorank/Invezz frames the recent sell‑off in stark terms: ^[8]

Oklo’s market cap has fallen from about $25.7 billion in October to roughly $13.7 billion, as the share price plunged from ~$193 to the high‑$80s.
Insiders sold about 803,000 shares over the last three months, worth over $70 million at recent prices, and more than 2.1 million shares over the past 12 months (over $180 million in value).
The piece cites insider sales by executives including CEO Jacob DeWitte, co‑founder Caroline Cochran, CLO William Goodwin, and director Michael Klein, and notes that persistent selling without offsetting buying can spook investors.
Short interest has surged to about 9.2%, from just 0.03% in June, indicating a growing cohort of traders betting against the stock.

The article also stresses that Oklo’s valuation had become extremely stretched after a more than 3,300% rally from 2024 lows, and that the stock has now broken below key technical levels (a completed head‑and‑shoulders pattern, the 50‑day EMA and major support on some chart frameworks). The author suggests a further slide toward $50 is possible in the near term, even while acknowledging the potential for a long‑term recovery if Oklo eventually secures regulatory authorization. ^[9]

For traders going into today’s session, this piece crystallizes the bear case: heavy insider selling, rising short interest, dilution via new share issuance, and a still‑pre‑revenue business that must spend heavily for years before meaningful cash flow.

3. Siemens Energy deal gets more scrutiny as analysts weigh execution risk

Oklo’s binding contract with Siemens Energy — originally announced on 19 November — remains a central bullish talking point and is now being dissected in fresh research notes.

A new analysis from Simply Wall St (24 November) emphasizes that Siemens will design and deliver the power conversion system for Oklo’s first Aurora powerhouse at Idaho National Laboratory, and that the contract authorizes Siemens to begin engineering, procurement and manufacturing for critical components. ^[10]

Key takeaways from that coverage:

The Siemens partnership de‑risks part of Oklo’s supply chain by locking in a large, established industrial player for long‑lead hardware.
It is seen as a meaningful step in turning paper plans into concrete project execution, potentially accelerating Oklo’s path to first power.
However, analysts caution that this progress is unfolding against a backdrop of intense volatility, questions about valuation, and continued operating losses. ^[11]

CoinCentral’s earlier write‑up on the deal noted that Oklo expects to deploy its first Aurora powerhouse at INL in late 2027 or early 2028, and highlighted Oklo’s use of a sodium‑cooled fast reactor design that can potentially run on recycled nuclear waste — a key differentiator from conventional light‑water reactors. ^[12]

4. MarketBeat: institutional investors add to Oklo despite volatility

Two new MarketBeat “instant alert” pieces published on 24 November reveal more about who owns Oklo:

Cetera Investment Advisers increased its stake by 12.7% in Q2, finishing the quarter with 111,822 shares worth about $6.26 million and representing around 0.08% of the company. ^[13]
Eisler Capital Management Ltd. initiated a new 50,000‑share position valued at roughly $2.8 million. ^[14]
MarketBeat estimates that about 85% of Oklo’s shares are now held by institutions and hedge funds. ^[15]

These filings relate to earlier quarters (they are backward‑looking 13F reports), but the fact that they are being highlighted now adds to the narrative that “big money” remains engaged in Oklo even after its drawdown.

At the same time, the same article series details significant insider selling, including CFO Craig Bealmear selling over 92,000 shares and CEO Jacob DeWitte selling 300,000 shares in past months — a contrast that underlines the divergence between institutional accumulation and insider de‑risking. ^[16]

5. Oklo remains a “nuclear stock to watch” in sector round‑ups

MarketBeat’s “Best Nuclear Stocks Worth Watching – November 24th” list puts Oklo alongside NuScale Power, Centrus Energy, BWX Technologies and Nano Nuclear Energy as one of the top nuclear names by recent dollar trading volume. ^[17]

The piece reiterates that Oklo:

Designs and develops fission power plants (its Aurora microreactors)
Aims to recycle used nuclear fuel via an integrated fuel‑cycle strategy
Offers investors leveraged exposure to a low‑carbon power theme that is also tightly linked to AI data‑center growth and national‑security energy projects

But it also reminds readers that the nuclear theme is sensitive to regulation, safety, uranium prices and geopolitics, which can amplify both upside and downside volatility. ^[18]

6. Jim Cramer: Oklo as a symbol of the “era of magical investing”

On the more skeptical side of the tape, Jim Cramer again pointed to Oklo as a poster child of speculative excess in a new Insider Monkey recap of his CNBC comments. ^[19]

According to that article, Cramer:

Notes that Oklo is pre‑revenue and faces 6–10 year timelines to bring advanced reactors into commercial service.
Argues that such companies “that don’t have any nuclear operating yet” shouldn’t be treated like blue‑chip names.
Reminds viewers that a 400% gain in the stock was, in his view, a good time to “ring the register,” implicitly criticizing investors who chased the rally near the highs.

His remarks don’t create a direct ratings change, but they do help shape retail sentiment — particularly for viewers who now see Oklo as a high‑beta, story‑driven trade rather than a defensive utility.

Recent business and regulatory milestones still driving the story

Beyond the day‑to‑day stock moves, Oklo has announced several important corporate milestones over the last few months that continue to anchor the bull case.

Q3 2025 results and DOE approvals

On 11 November 2025, Oklo released its Q3 2025 financial results and business update: ^[20]

The company reported a loss of about $0.20 per share, wider than the consensus expectation of a $0.13 loss, and remains pre‑revenue. ^[21]
Yet, shares initially rose after the report, as investors focused on regulatory milestones and project progress rather than near‑term earnings.

According to coverage from 24/7 Wall St and MarketBeat, Oklo: ^[22]

Ended the quarter with roughly $1.18 billion in cash and marketable securities, giving it significant runway to fund construction and licensing.
Completed Phase 1 of its NRC readiness assessment for the Aurora combined license application with no major gaps identified.
Saw the U.S. Department of Energy’s Idaho Operations Office approve the Nuclear Safety Design Agreement (NSDA) for the Aurora Fuel Fabrication Facility (A3F) — the first project approved under DOE’s new Fuel Line Pilot Projects initiative.
Expanded collaboration with Idaho National Laboratory (INL) via a memorandum of understanding covering advanced fuel and materials work.

Separately, Idaho’s National Reactor Innovation Center (NRIC) highlighted that Oklo’s fuel facility design approval and expanded INL collaboration are intended to support commercial deployment of the company’s reactors and fuel‑recycling technologies. ^[23]

Fuel recycling facility and AI‑focused strategy

Earlier in September, Oklo announced plans for a $1.68 billion advanced fuel recycling facility in Tennessee (the first phase of its “Advanced Fuel Center”) that will produce metal fuel for Aurora reactors and help build a domestic HALEU‑class fuel supply chain. ^[24]

That project is explicitly framed around:

Supplying fuel for Aurora units
Supporting AI data centers that co‑locate with Oklo’s reactors, using integrated cooling systems
Reducing reliance on foreign HALEU suppliers

This is central to why Oklo is so closely tied to the broader AI‑infrastructure narrative and why it is frequently mentioned alongside data‑center and chip names in market commentary. ^[25]

How Wall Street now views Oklo

Putting all this together, the Street’s view on Oklo is mixed and increasingly nuanced.

Consensus rating: Hold, with wide dispersion in targets

Across MarketBeat’s tracking of analysts: ^[26]

Oklo carries an overall “Hold” consensus.
Price targets are widely dispersed, with:
- Citi now at $95 (Neutral). ^[27]
- B. Riley lifting its target to around $129 and rating the stock Buy. ^[28]
- Wedbush and Cantor Fitzgerald issuing targets as high as $150 and $122, respectively. ^[29]
- More cautious voices like Weiss Ratings and other firms assigning Sell or underperform style views. ^[30]

Simply Wall St notes that its community estimates for Oklo’s fair value range from barely above $10 to around $100+ per share — a reflection of just how uncertain the future cash‑flow trajectory is for a company that has no commercial reactors in operation yet. ^[31]

Valuation vs. risk

Most analysts agree on a few points:

Oklo is tackling a massive opportunity at the intersection of advanced nuclear, AI data centers, and national‑security power. ^[32]
The company has made real progress on licensing, project finance, fuel‑cycle strategy and partnerships (Siemens, INL, DOE programs, defense‑related work). ^[33]
But the stock remains highly speculative, with long lead times, significant capex requirements, regulatory and technological risk, and no near‑term path to profitability. ^[34]

That is exactly why you’re seeing such a wide spread between bullish targets that assume successful commercialization and more pessimistic assessments that focus on dilution, insider selling and the possibility that projects slip or capex inflates. ^[35]

What traders and investors are likely watching today

Going into trading on 25 November 2025, here are the focal points likely to drive Oklo’s price action:

Reaction to the Citi target hike
- Does the market treat the move to a $95 target as validation that the worst is over, or dismiss it as too cautious relative to earlier triple‑digit price targets? ^[36]
Short‑interest dynamics and squeeze potential
- With short interest now around 9%, Oklo is entering territory where sharp rallies and short squeezes become more likely — but only if there’s a strong bullish catalyst and volume. ^[37]
Ongoing read‑through from Siemens and DOE milestones
- Any additional commentary from Siemens Energy or Oklo about timelines, cost estimates or construction milestones at INL could either reinforce or undercut the “execution is de‑risking” narrative. ^[38]
Flow of new SEC filings and insider trades
- Investors will be watching for fresh Forms 4 and 144 to see whether insiders continue selling into strength or start accumulating. ^[39]
Sector sentiment in nuclear and AI infrastructure
- Oklo has been trading like a high‑beta proxy for enthusiasm (and fear) around nuclear’s role in powering AI data centers and defense installations. Moves in peers like NuScale or Nano Nuclear, as well as headlines about reactor pilot programs or AI‑related energy policy, can spill over into OKLO shares. ^[40]

Bottom line: a high‑conviction story, but still a high‑risk stock

Oklo today sits at the intersection of powerful themes — decarbonization, energy security and the AI compute boom — and that’s why the stock has seen both explosive gains and a brutal comedown over the last year. Recent news from Citi’s price‑target hike, Siemens’ expanded role, DOE and INL approvals and new institutional holders underline that serious investors and partners are still willing to bet on the company’s long‑term vision. ^[41]

At the same time, the $13+ billion value destruction from October’s peak, intensifying short interest, and continued insider selling are sharp reminders that the path to commercial nuclear deployment is long, expensive and uncertain. ^[42]

For anyone looking at Oklo on 25 November 2025, the key is recognizing that this is not a mature utility stock — it is effectively a venture‑stage nuclear and fuel‑cycle platform trading in public markets. That can mean large upside if the Aurora and fuel projects execute on time and on budget, but also substantial downside if timelines slip, regulators balk, or capital markets turn off the funding tap.

Disclaimer: This article is for informational and news purposes only and does not constitute financial advice, investment recommendation or an offer to buy or sell any securities. Always do your own research and consider speaking with a licensed financial adviser before making investment decisions.

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