On November 24, 2025, Citigroup updated its rating for Oklo Inc. (NYSE:OKLO) to Neutral, maintaining a hold action. At the time, the stock price was $88.17. Citi also raised Oklo's price target from $68 to $95, as highlighted by TheFly. Oklo is a nuclear power start-up focused on developing Aurora powerhouses using innovative metal-fueled fast-reactor technology.
Numerous countries are committed to tripling their nuclear energy capacity by 2050, marking a significant shift towards nuclear power. This initiative is particularly relevant in the U.S., where rising electricity demands have made nuclear energy a priority. Nuclear power is favored for its scalability, reliability, continuous availability, and zero-carbon emissions. Under U.S. President Donald Trump, there is a push to "unleash American energy," with nuclear energy being a key component of this strategy.
Oklo is capitalizing on this opportunity, with backing from OpenAI CEO Sam Altman. The current U.S. Secretary of Energy, Chris Wright, is a former Oklo board member. Over the past year, Oklo's stock has surged by 347%. However, it has recently experienced some selling pressure and is currently 52% below its all-time high. The current price of OKLO on the NYSE is $88.17, reflecting a slight increase of 0.20% or $0.175.
Today, the stock has fluctuated between a low of $79.01 and a high of $89.93. Over the past year, OKLO has reached a high of $193.84 and a low of $17.14. The company's market capitalization stands at approximately $13.78 billion, with a trading volume of 21.67 million shares. Despite the recent selling pressure, the raised price target by Citi suggests potential for future growth.
