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Wedbush Hikes Oklo Price Target on U.S. Nuclear Push and Defense Deal

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Wedbush raised its price target on Oklo (NYSE:OKLO) to $75 from $55 while maintaining an Outperform rating, citing accelerating momentum in U.S. nuclear energy policy and growing government interest in advanced reactor deployment.

The firm highlights a recent development in which Oklo received a Notice of Intent to Award (NOITA) from the Defense Logistics Agency Energy, acting on behalf of the U.S. Air Force and Department of Defense. The award pertains to providing nuclear power to Eielson Air Force Base in Alaska. Oklo will design, build, own, and operate the plant, supplying both electricity and heat—key attributes for energy independence at remote military installations.

Wedbush also notes broader support for the nuclear sector following an executive order by former President Trump aimed at accelerating U.S. nuclear energy development. The order seeks to streamline the regulatory process for reactor approvals, bolster fuel supply chains, and support energy-intensive AI datacenter expansion.

With the Department of Defense targeting a fourfold increase in nuclear capacity to 400 GW by 2050 and possessing regulatory authority over installations on military bases, analysts see a clear path for accelerated deployment—positioning Oklo as a prime beneficiary of these strategic shifts.

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