OKLO Price Target Trimmed to $92

Oklo Inc. (NYSE:OKLO) is included among the 14 Best Energy Stocks to Buy According to Wall Street Analysts.

OKLO Price Target Trimmed to $92

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Backed by OpenAI’s Sam Altman, Oklo Inc. (NYSE:OKLO) develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States.

On March 18,  B. Riley lowered its price target on Oklo Inc. (NYSE:OKLO) from $129 to $92, but maintained its ‘Buy’ rating on the shares. The revised target still indicates an upside of over 65% from the current levels.

The analyst highlighted the significant progress Oklo Inc. (NYSE:OKLO) has made across its power, fuel, and isotope businesses recently. This includes approvals from the Department of Energy supporting the company’s first Aurora SMR plant at the Idaho National Laboratory, a prepayment deal with Meta for up to 1.2 GW of power supply in Ohio, and progress in the construction of a nuclear fuel facility. Notably, Oklo’s wholly owned subsidiary, Atomic Alchemy, received a materials license from the NRC earlier this month. This permits the company to receive, handle, and process isotopes at its Idaho Radiochemistry Laboratory.

Oklo Inc. (NYSE:OKLO) also reported its Q4 2025 results on March 17, with the company exiting the quarter with $1.4 billion in cash and raising an additional $1.2 billion post-quarter. The nuclear startup is targeting its operating cash use for FY 2026 to be in the range of $80 million to $100 million, with investing cash use expected to be between $350 million and $450 million.

While we acknowledge the risk and potential of OKLO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than OKLO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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