Goldman Sachs Initiates Coverage of Oklo (OKLO) Stock

Oklo Inc. (NYSE:OKLO) is one of the Best WallStreetBets Stocks to Invest In. On September 25, Goldman Sachs initiated coverage of the company’s stock with a “Neutral” rating and a price objective of $117, as reported by The Fly. Against the backdrop of the growing nuclear small modular reactor race in the US, Oklo Inc. (NYSE:OKLO) continues to advance its sodium-cooled fast fission nuclear reactor, the Aurora Powerhouse, with a target to reach commercialization by late-2027/early-2028, added the firm’s analyst.

The firm also noted that Oklo Inc. (NYSE:OKLO) has been pursuing an own-and-operate model, providing more operational control. However, it involves greater financial risks and significant capital intensity. The U.S. Secretary of the Interior, Doug Burgum, believes that Oklo Inc. (NYSE:OKLO)’s Aurora powerhouse is expected to deliver clean, affordable, and reliable American energy to power a new generation of intelligence manufacturing. With advancements in AI fueling electricity demands, such projects remain critical to make sure the US can meet the needs and remain at the forefront.

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.