Oklo Inc. (NYSE:OKLO) is one of the best Russell 2000 stocks to buy now. On August 14, Wedbush reiterated its “Outperform” rating on Oklo stock and maintained a price target of $80. Wedbush’s confidence is based on Oklo’s long-term vision, particularly with the Trump Administration’s increased focus on AI Revolution data center development powered by nuclear energy.
Wedbush highlighted that the U.S. Department of Defense is becoming an increasingly important customer and partner for Oklo moving forward. The firm emphasized the connection between nuclear energy and the “4th Industrial Revolution,” stating that Oklo is well-positioned to benefit from this trend. Oklo’s advanced small modular reactor (SMR) technology, specifically the Aurora Powerhouse being developed for commercial operation by 2027 or 2028, is directly tailored for these markets.
Wedbush’s decision comes only a short while after Oklo’s successful completion of Phase 1 of its Nuclear Regulatory Commission (NRC) readiness assessment for its Aurora-INL combined license application. The firm stated that the NRC identified no significant findings, allowing Oklo to proceed with its initial application, which it plans to submit in early Q4 2025.
Oklo Inc. (NYSE:OKLO) is an advanced nuclear technology company. It designs and develops compact fast reactors and nuclear fuel recycling systems to provide reliable, carbon-free power. The company’s flagship product, the Aurora reactor, can generate 15–50 megawatts of electricity and operate for up to a decade without refueling.
While we acknowledge the potential of OKLO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.