Oklo Inc Surges as Meta Deal Ignites Nuclear Hopes

Oklo Inc ( (OKLO) ) has risen by 9.25%. Read on to learn why.

Oklo Inc shares climbed 9.25% over the past week, extending a powerful rally as investors responded to a surge in bullish options activity and a landmark commercial deal. Trading in the options market has been unusually heavy, with volume running at nearly three times the daily average and call options clearly dominating puts. This positioning, alongside slightly higher implied volatility and a flatter put‑call skew, points to traders increasingly betting on further upside in the stock.

The main driver behind the optimism is Oklo’s transformative 1.2 gigawatt long‑term power supply agreement with Meta Platforms, which many on Wall Street see as a major vote of confidence in the company’s advanced nuclear technology. The structure of the deal allows Meta to prepay for electricity and contribute upfront capital, helping Oklo fund early project stages, secure fuel and advance site work. That setup reduces execution risk for a still pre‑revenue company and significantly improves visibility into its future revenue and project pipeline at a time when demand for reliable, low‑carbon power for AI and data centers is accelerating.

Analysts have rushed to validate the story, reinforcing the stock’s upward momentum. William Blair’s Jed Dorsheimer reiterated a Buy rating, citing the Meta agreement as a key catalyst that de‑risks Oklo’s business model and positions it at the forefront of a new wave of nuclear deployment. Needham’s Sean Milligan also maintained a Buy rating with a $135 price target, arguing that being chosen alongside established nuclear players like Vistra and TerraPower boosts Oklo’s credibility and underscores the strategic importance of its role in supplying next‑generation nuclear power to hyperscale tech customers.