1214 ET - Oklo's 3Q results are another sign the company is setting the stage for nuclear energy to become more widely adopted over the next decade, Wedbush Securities analysts say in a note. The rapid buildout of artificial intelligence data centers is driving significant demand for new energy, with necessary computing power expected to grow by ten fold by 2030, the analysts say. Oklo is making progress to meet the demand, moving from a design phase to actually building out facilities including for its first commercial deployment, the analysts say. They back their outperform rating on the stock and $150 price target. Shares rise 5.9% to $110.32. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

November 12, 2025 12:14 ET (17:14 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.