Wedbush Securities stated that Oklo Inc.'s (OKLO.US) Q3 results further demonstrate the company's progress in laying the groundwork for broader nuclear energy adoption over the next decade. The firm reaffirmed its "Outperform" rating on Oklo with a $150 price target.
Analyst Daniel Ives highlighted that the rapid expansion of AI data centers is driving massive demand for new energy sources, with required computing power expected to grow tenfold by 2030. Oklo has made strides in addressing this demand, transitioning from design to actual facility construction, including its first commercial deployment project.
Regulatory momentum continues for Oklo, as the U.S. Department of Energy (DOE) has authorized approval for the construction and operation of its nuclear facilities, creating a modernized pathway for accelerated nuclear plant development. Operational plants may transition to the Nuclear Regulatory Commission's licensing and oversight framework for full commercial operations.
"We maintain our view that Oklo is establishing the foundation for widespread nuclear energy adoption in the coming decade," Ives wrote. "The AI revolution's data center boom is generating unprecedented energy demands, with computing power requirements projected to increase tenfold by 2030 to power these facilities."
Financial results showed Oklo reported no revenue in Q3 2025. Operating losses widened to $36.309 million from $12.282 million year-over-year, while net losses expanded to $29.722 million versus $9.960 million in the prior-year period. EPS came in at -$0.20, worse than both the year-ago -$0.08 and analysts' average estimate of -$0.13.
In a further show of nuclear energy support, U.S. Energy Secretary Chris Wright announced federal funding for next-generation nuclear plant development. The DOE Loan Programs Office will allocate $300-$400 million primarily to support first-mover nuclear projects.
Analyst Jed Dorsheimer noted this as a significant development, anticipating more formal funding announcements. He emphasized Oklo's strong government ties, including its Aurora reactor project's alignment with the initiative and CEO Jacob DeWitte's Oval Office presence during executive order signings. Oklo currently participates in three DOE reactor pilot programs.