Oklo Stock Is Falling As US-Iran Nuclear Talks Pressure Uranium

Oklo Inc (NYSE:OKLO) shares are trading lower Monday afternoon, moving in step with a broad pullback in uranium and nuclear-energy names. The weakness comes as investors reassess geopolitical risk premium tied to Iran's nuclear program and the potential for future uranium supply. Here’s what investors need to know.

• Oklo shares are retreating from recent levels. Why is OKLO stock falling?

Iran–US nuclear Talks Cool "Fear Premium" In Uranium

According to a Reuters report, Iran and the United States are set to resume nuclear talks in Istanbul, with regional powers such as Saudi Arabia and Egypt expected to participate.

Reuters reports Iranian officials have signaled they could show flexibility on uranium enrichment, including shipping highly enriched material abroad and pausing enrichment under a broader deal.

For markets, even a tentative path back to diplomacy matters. A lower probability of military escalation in the Gulf, plus any future easing of sanctions, would reduce the "fear premium" embedded in uranium prices and in stocks levered to nuclear fuel scarcity and Western energy security themes.

Why This Weighs On Oklo Shares

Oklo, which is developing advanced nuclear microreactors, has been trading as a high-beta play on the nuclear renaissance. When headlines point to tighter uranium markets or rising geopolitical risk, investors often rotate into nuclear and uranium equities. When those risks go down, they can just as quickly take profits.

Monday’s news encourages the view that future uranium supply disruptions may be less severe than feared, and that long-term fuel costs could trend lower than the most bullish scenarios.

That shift in narrative can compress valuation multiples for growth stories like Oklo, leaving the stock under pressure even without any company-specific news.

Is Bearish Momentum Hiding Opportunity?

The stock is currently trading 18.4% below its 20-day simple moving average (SMA) and 30% below its 100-day SMA, indicating significant short-term weakness. Over the past 12 months, shares have increased by 62.45%, but they are currently positioned closer to their 52-week lows than highs.

The RSI is at 41.43, which is considered neutral territory, while the MACD is below its signal line, indicating bearish pressure on the stock. The combination of neutral RSI and bearish MACD suggests mixed momentum.

• Key Resistance: $80.00
• Key Support: $71.00

Oklo’s Business Model

Oklo is developing advanced fission power plants to provide clean, reliable, and affordable energy at scale. It is pursuing two complementary tracks to address this demand: providing reliable, commercial-scale energy to customers and selling used nuclear fuel recycling services to the U.S. market.

Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $112.69. Recent analyst moves include:

• Texas Capital Securities: Initiated with Buy (Target $138.00) (Jan. 28)
• B of A Securities: Upgraded to Buy (Raises Target to $127.00) (Jan. 21)
• Seaport Global: Upgraded to Buy (Target $150.00) (Dec. 8, 2025)

Benzinga Edge Rankings

Below is the Benzinga Edge scorecard for Oklo, highlighting its strengths and weaknesses compared to the broader market:

• Momentum: Bullish (Score: 89.45) — Stock is outperforming the broader market.

The Verdict: Oklo’s Benzinga Edge signal reveals a strong momentum score, indicating that the stock is currently outperforming the market. However, the mixed technical indicators suggest that investors should remain cautious as the company navigates its growth challenges.

Top ETF Exposure

• Global X Uranium ETF (NYSE:URA): 11.04% Weight
• VanEck Uranium & Nuclear ETF (NYSE:NLR): 4.48% Weight
• Range Nuclear Renaissance Index ETF (NYSE:NUKZ): 2.88% Weight

Significance: Because OKLO carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.

OKLO Shares Slide Monday

OKLO Price Action: Oklo shares were down 6.23% at $74.66 at the time of publication on Monday, according to Benzinga Pro data.

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