OKLO Breaks Out: Nuclear Stock Surges on Trump Orders, Analyst Upgrade
Backed by bullish policy changes and analyst upgrades, OKLO stock has surged—despite a surprise leadership shakeup that rocked after-hours..
Quick overview
- OKLO stock has surged nearly 37% this week, closing at $48.91 after a significant rebound from earlier lows.
- Recent policy changes in Washington, including executive orders to streamline nuclear regulatory approvals, have fueled optimism in the nuclear energy sector.
- Analyst upgrades, particularly from Wedbush, have bolstered confidence in OKLO's growth potential despite a recent leadership shakeup.
- Despite a temporary decline following the news of Sam Altman's resignation as chairman, the overall sentiment for OKLO remains positive.
Backed by bullish policy changes and analyst upgrades, OKLO stock has surged—despite a surprise leadership shakeup that rocked after-hours trading.
Surging from Lows: A Rebound Story
OKLO Inc., the pioneering nuclear energy firm best known for its development of compact modular reactors and backed by high-profile tech leaders, has staged a dramatic comeback. After shedding over 70% of its value earlier this year, the company’s stock began a steady climb in April.
This week, the rally intensified, culminating in a Friday close at $48.91—just shy of the $50 mark and not far off its February high of $59.11.
OKLO Stock Chart Weekly – Heading to Record Highs
Having sunk as low as $17.60 in April due to geopolitical tensions and tariff headwinds, the stock found strong technical support at the 200-week simple moving average. A robust resurgence in investor interest, driven by the company’s long-term potential and its influential backing, has now propelled OKLO up nearly 37% this week alone. Friday’s single-day surge accounted for a stunning 23% gain, solidifying bullish momentum.
Policy Winds Fuel the Fire
The recent wave of optimism surrounding nuclear energy stocks stems in part from significant policy developments in Washington. President Donald Trump signed four executive orders designed to streamline nuclear regulatory approvals and accelerate reactor development. The measures also support domestic uranium mining and enrichment—key pillars for the nuclear energy sector’s revival in the U.S.
These executive actions are viewed as a game-changer by market participants, signaling increased federal commitment to advancing clean energy infrastructure. OKLO and its peers, such as Nuscale, have been among the primary beneficiaries. Nuscale stock surged over 23% this week, mirroring OKLO’s gains.
Analyst Upgrades Add Fuel
Adding to the upward pressure, Wedbush analyst Daniel Ives upgraded his price target for OKLO from $45 to $55, reiterating an “Outperform” rating. The endorsement reflects growing Wall Street confidence in the company’s trajectory amid supportive policy and rising demand for alternative energy solutions.
Leadership Change
Despite the euphoria, OKLO was dealt a blow after Friday’s close when news broke that Sam Altman—OpenAI CEO and one of OKLO’s most visible champions—would step down as chairman of the board. The announcement triggered a sharp 12% decline in after-hours trading, sending shares briefly below $19. While Altman is not fully exiting the company, the news rattled investors, raising concerns about future leadership and strategic direction.
Nonetheless, the broader sentiment surrounding OKLO remains optimistic. With the stock having reclaimed and held key resistance levels above $52, a retest—and potential breakout—of the February peak at $59.11 now appears increasingly likely. A move toward $60 could be imminent if momentum holds.
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