Oklo Inc (OKLO) Provides Update on S-1 Filing
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June 21, 2024 9:30 AM EDT
Citi analyst Vikram Bagri reiterated a Neutral rating and $11.00 price target on Oklo (NYSE: OKLO).
The analyst comments "We highlight conversations on our Oklo initiation plus takeaways from our meeting with TerraPower. Investors are positive on the SMR opportunity set, especially given datacenter demand. Aurora powerhouse unit economics were viewed favorably with fast CF ramp and additive NPV/sh of each reactor add. Bear case hinges on 1) capex realizing higher, 2) NRC process and 3) fuel availability. Risk mitigants include inherent design of the powerhouse, supply of initial fuel from Idaho National Lab,... More
June 21, 2024 5:45 AM EDT
Citi analyst Vikram Bagri reiterated a Neutral rating and $11.00 price target on Oklo (NYSE: OKLO).
The analyst comments "We highlight conversations on our Oklo initiation plus takeaways from our meeting with TerraPower. Investors are positive on the SMR opportunity set, especially given datacenter... More
