BofA Securities initiates buy coverage on Oklo with $80 price target
BofA Securities has initiated buy coverage on Oklo, a nuclear startup, with a price target of $80, indicating a potential 23% upside. The firm highlighted Oklo's binding agreement with Meta for 1.2 GW of capacity and a substantial pipeline of additional agreements. Analysts noted Oklo's commercial traction as a key differentiator compared to competitors like NuScale Power.
- ▪BofA Securities initiated coverage on Oklo with a Buy rating and an $80 price target.
- ▪Oklo has secured a binding power agreement with Meta for 1.2 gigawatts of capacity.
- ▪The company has over 14 gigawatts in additional non-binding letters of intent from other customers.
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BofA Securities initiates buy coverage on Oklo with $80 price target The Wall Street bank sees 23% upside in the Sam Altman-backed nuclear startup, citing its binding 1.2 GW deal with Meta and a massive pipeline of data center power agreements. Share Add us on Google by Editorial Team May. 22, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Bank of America’s securities arm just gave Oklo, the small modular reactor company that went…
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