Oklo

OKLO

Market cap $7.68B

Oklo Inc (NYSE:OKLO) and X-Energy Inc (NASDAQ:XE) shares are moving higher in Tuesday's after-hours session following reports that the companies are joining a government program that aims to increase the pace of power plant development for AI data centers.

OKLO's 42.7% three-month slide reflects widening losses and execution risks, even as regulatory progress and new nuclear projects support its long-term case.

The U.S. Department of Energy (DOE) published the approved voluntary agreement that formally establishes the Nuclear Fuel Cycle Consortium under the Defense Production Act (DPA). While the name centers on fuel production, the framework and its broad list of participants reach across the entire nuclear value chain.

Oklo's stock price is down more than 42% so far in 2026. Among 22 analysts, the median one-year price target for the nuclear energy company is $87.

Shares of Oklo (NYSE:OKLO | OKLO Price Prediction) are down 9.6% in Thursday afternoon trading to $41.31, extending a month-long slide that has now erased 28% of the stock's value.

Nuclear energy remains a promising solution for AI's rising energy needs. Investors must maintain a long-term perspective.

newcleo could secure up to $429 million to advance its reactor, fuel technology, U.S. licensing and expansion plans.

The U.S. has accumulated 100,000 metric tons of used nuclear fuel over the past six decades. Conventional reactors utilize only a small fraction of the energy potential of enriched uranium, and Oklo's fast reactors aim to make use of this spent fuel.

Oklo is a nuclear power company that can provide clean energy for data centers. Investors drove up the stock's valuation to monstrous levels on expectations of massive growth.

There's a growing gap between electricity demand and supply -- and Oklo could fill it. That said, Oklo is still fighting a regulatory battle that could go on for years.