BUZZ-Sam Altman-backed Oklo rise as Citigroup raises PT

Reuters
2025/11/25
BUZZ-Sam Altman-backed <a href="https://laohu8.com/S/OKLO">Oklo</a> rise as Citigroup raises PT

** Shares of Sam Altman-backed company Oklo OKLO.N rise 1% to $90.36 premarket

** Citigroup raises price target to $95 from $68, representing premium of 6% to stock's last close

** Brokerage lifts PT incorporating co's radioisotope business and reduced future funding needs after company raised capital at significantly higher-than-anticipated prices

** Citigroup says company is "executing on all fronts, with new supply contracts for long lead time items, a dual‑track licensing strategy, radioisotope diversification and new fuel procurement avenues"

** Ten of 18 brokerages rate stock "buy" or higher, seven "hold" and one "sell" or lower; median PT is $108.50- data compiled by LSEG

** Up to last close, stock up ~322% YTD

(Reporting by Dharna Bafna in Bengaluru)

((dharna.bafna@thomsonreuters.com))

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