Texas Capital Initiated Coverage of Oklo Inc. (OKLO) with a Buy Rating

Oklo Inc. (NYSE:OKLO) is included among the 12 Best Nuclear Energy Stocks to Buy Now

On January 28, 2026, Texas Capital initiated coverage of Oklo Inc. (NYSE:OKLO) with a Buy rating and a $138 price target. The firm called Oklo the “best vehicle to express a bullish view on advanced nuclear solutions,” pointing to the company’s Aurora reactor and its broader ecosystem that spans advanced reactor design, fuel reprocessing, and radioisotope production. Texas Capital said Oklo’s projected economics can compete directly with other firm power generation sources, while its integrated business model leaves room for additional value creation over time.

A week earlier, on January 21, 2026, Bank of America upgraded Oklo to Buy from Neutral and raised its price target to $127 from $111. The upgrade followed Oklo’s signing of a firm, binding agreement with Meta Platforms Inc. to develop a phased 1.2-gigawatt advanced nuclear campus. While the initial megawatt contribution was described as modest, BofA said the agreement marked a meaningful step forward by demonstrating execution capability and securing a committed counterparty. The firm also highlighted Meta’s willingness to commit capital years ahead of delivery as a signal of how critical nuclear power is becoming as AI and data center demand accelerate.

That agreement was formally announced on January 9, 2026, when Meta disclosed its partnership with Oklo to deploy up to 1.2 gigawatts of clean baseload power. The deal includes Meta prepaying for power and providing funding to help advance project certainty for Oklo’s Aurora powerhouse deployment.

Oklo Inc. (NYSE:OKLO) is a nuclear fission technology company focused on deploying advanced power plants and recycling nuclear fuel, with the goal of delivering clean, reliable energy at scale.

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Disclosure: None.