Oklo Stock Soars 15%: Nuclear Energy Play Ignites on Government Backing & Uranium Awards

Government fuel and regulatory tailwinds send advanced fission developer rocketing.

The Policy Catalyst

Forget subsidies—this was a direct infusion of confidence. Fresh government endorsements, paired with strategic uranium allocations, cut through the usual regulatory fog. It's a clear signal: advanced nuclear isn't just on the agenda; it's being fast-tracked.

Market Mechanics & The Uranium Play

The 15% surge bypasses mere speculation. It prices in secured fuel access and de-risked development pathways—critical bottlenecks for any reactor project. In a sector where timelines are everything, certainty is the ultimate currency. One cynical trader noted, 'Finally, a government program that actually moves the needle instead of just moving paperwork.'

Fission's New Frontier

This isn't about old-school mega-plants. The leap reflects betting on scalable, next-gen designs meant to deliver clean, firm power without the decade-long construction saga. The market's voting with its dollars on technology that promises to disrupt the energy status quo.

The verdict? A powerful one-two punch of policy support and resource security can still jolt a sector awake—proving that in the energy transition, the hottest tickets combine technological edge with a tangible political green light.

TLDR

• Oklo stock jumped 15% on Monday, bringing its year-to-date gain to 21%
• The rally was driven by renewed government focus on nuclear energy and $2.7 billion in uranium-enrichment awards from the U.S. Energy Department
• House Energy subcommittee announced it will review the current status of the nuclear sector in the US
• Oklo secured multiple contracts with the Department of Energy for fuel supply chain programs
• Wall Street analysts maintain a Moderate Buy rating with a price target of $130.10, representing 45% upside potential

Oklo stock climbed nearly 15% on Monday as nuclear energy companies rallied across the board. The microreactor developer closed at $89.34 per share, marking its third consecutive day of gains.

Oklo Inc., OKLO

The company’s year-to-date performance now stands at 21%. Fellow nuclear stocks NuScale Power Corp. and Nano Nuclear also posted double-digit gains during the session.

The rally came after the U.S. Energy Department announced $2.7 billion in uranium-enrichment awards. These awards include funding for high-assay low-enriched uranium, which is essential for next-generation reactors.

HALEU fuel supply has been a key bottleneck for Oklo’s operations. The company’s Aurora Powerhouse reactors rely on this specialized fuel to function.

Geopolitical events added to the momentum in energy stocks. U.S. forces captured Venezuela’s president over the weekend, drawing attention to energy security concerns and boosting related sectors.

Congressional Review and Government Contracts

The House of Representatives’ Energy subcommittee announced plans to review the nuclear sector’s current status. The hearing will examine licensing, deployment, and how recent policies can support industry growth.

This initiative follows President Trump’s executive order from last year. The order aims to expand nuclear capacity to meet rising energy demands from artificial intelligence and domestic manufacturing.

Oklo has secured multiple contracts with the Department of Energy. These deals support the Fuel Line Pilot and Reactor Pilot programs, which focus on establishing a domestic nuclear fuel supply chain.

The company develops smaller modular reactors designed for commercial use. However, regulatory approval for its first 75-megawatt Aurora Powerhouse remains pending.

Commercial operations are not expected to begin until late 2027 or early 2028. The company must first clear regulatory hurdles before deploying its technology.

Analyst Views and Future Projections

H.C. Wainwright analyst Sameer Joshi reiterated his Buy rating on Oklo in December. He highlighted the company’s three-pronged business strategy.

The plan includes deploying Aurora Powerhouses for electricity generation. Oklo also intends to fabricate and sell HALEU fuel and commercialize radioisotopes.

Revenue projections show exponential growth potential. Analysts expect the company to surpass $21 billion in revenue by 2038 if facilities reach full operational capacity.

Strong gross margins are anticipated once production scales up. The company’s stock has risen nearly 200% over the past year as investors bet on nuclear power for AI data centers.

The average price target sits at $130.10 per share. This represents a potential upside of 45.62% from current levels.

Analysts caution that the stock trades at high valuations. The capital-intensive nature of the business presents risks for investors.

The uranium-enrichment awards from the Energy Department could help address fuel supply constraints. Federal support may ease bottlenecks and boost production potential for companies like Oklo.