UBS Reiterates Neutral on Oklo (OKLO) After Meta Power Deal

Oklo Inc. (NYSE:OKLO) is one of the Hot AI Stocks to Keep on Your Radar. On January 12, UBS analyst Jon Windham reiterated a Neutral rating on the stock with a $95.00 price target. Firm analysts believe that Oklo’s recent deal with Meta provides strategic value, but it remains cautious for now due to early-stage execution risks and long-development timeline.

Oklo recently struck a clean energy agreement with Meta that the company said "advances" its development of a 1.2 gigawatt campus in Pike County, Ohio. Firm analysts believe that the agreement is positive for Oklo as it financially supports the development of its early-stage advanced reactor projects.

They further highlighted how Meta has agreed to prepay for power and offer funding to support project development.  The first phase of this is anticipated to reach commercial operation in 2030.

It is also expected that Oklo’s Aurora-INL project will deliver important initial construction cost data in 2026.

“The agreement further underscores the scarcity of available clean energy supply to meet growing tech company electricity demand, in our view. We expect Oklo’s Aurora-INL project to provide significant initial construction cost data for Oklo’s reactors in 2026.”

Oklo Inc. (NYSE:OKLO) develops advanced nuclear power plants that recycle nuclear waste to provide clean, reliable energy, supporting sustainable solutions for the increasing power demands of AI.

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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