Oklo price target raised to $55 from $45 at Wedbush

Wedbush analyst Daniel Ives raised the firm’s price target on Oklo (OKLO) to $55 from $45 and keeps an Outperform rating on the shares. The firm says that it is highly expected that President Trump will sign executive orders as soon as Friday aiming at jump-starting the nuclear energy industry by easing the regulatory process on approvals for new reactors and strengthening fuel supply chains. The E.O. is expected to be a significant tailwind for the industry, with Oklo being the one of the main beneficiaries as support from the U.S. Government has gained significant traction since the Trump Administration took over in the past few months. The company was on track to submit its former combined license application to the U.S. NRC by the end of 2025 and deploy its first commercial power plant at Idaho National Laboratory by the end of 2027, with this E.O. potentially accelerating the timeline through increased federal funding and a much more streamlined regulatory process.