08:39 AM EDT, 05/23/2025 (MT Newswires) -- Oklo ( OKLO ) stands to benefit from an expected executive order aimed at fast-tracking nuclear energy deployment, Wedbush analysts said in a note Friday.
The anticipated directive from President Trump is expected to ease reactor approvals, direct key agencies to identify federal land for deployment, and simplify the current regulatory path under the Nuclear Regulatory Commission, the analysts said.
Wedbush believes the move could accelerate Oklo's ( OKLO ) plans to submit its combined license application by year-end and begin deployment of its first commercial plant at Idaho National Laboratory by late 2027.
Backed by Sam Altman, Oklo ( OKLO ) is seen as ahead of peers due to its build-own-operate model and a recently expanded 75 MW Aurora Powerhouse design capable of serving hyperscaler demand, the analysts said.
They added that Altman's decision to step down as chairman further clears the way for potential partnerships with OpenAI or other large tech companies focused on powering AI data centers.
Wedbush raised its price target on Oklo ( OKLO ) to $55 from $45 and maintained an outperform rating, citing growing confidence in the company's strategic position within the nuclear and AI infrastructure ecosystem.