This Energy Stock Has 130% Upside Potential

Sep 21, 2026
this-energy-stock-has-130%-upside-potential

Vandita Jadeja

5 min read

Quick Read

  • Oklo (OKLO) achieved first criticality at Groves in 11 months flat, backing an $87 price target and 129% upside from current $38 levels.

  • Oklo trades at twice NuScale’s (SMR) market cap despite similar pre-commercial status, while BWXT benchmarks what nuclear cash flow looks like at scale.

  • Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Oklo Inc. didn’t make the cut. Enter your email to see the names that beat OKLO. The report is free. Enter your email and see if any of your stocks made the cut.

Advanced nuclear is one of the few investment themes where the ceiling is defined by physics and grid capacity rather than market saturation. Oklo (NYSE:OKLO) sits at the center of that story.

A long-exposure photograph of a nuclear power plant at twilight, featuring two large, grey, dome-shaped containment buildings and several interconnected brick and concrete structures. Bright orange and yellow lights illuminate the facilities, reflecting on the calm, dark blue water in the foreground. Hills with autumn foliage are visible in the background under a deep blue sky.

Mihai_Andritoiu / Shutterstock.com

After a punishing year in the share price, our proprietary model sees meaningful room for a rebound. The stock trades at $38, and our 24/7 Wall St. price target is $87.11, implying 129.24% upside over 12 months. Recommendation: buy with moderate confidence.

24/7 Wall St. Price Target Summary

OKLO price target

OKLO Price Target — 24/7 Wall St.

A Brutal Year Meets a Genuine Milestone

Oklo shares are down 63.8% over the past year and 47.05% year to date, falling from a 52-week high of $193.84 to $34.38. The one-month move is down 11.5%, though shares have ticked up 4.91% in the past week.

The operational story runs the other direction. On the Q2 2026 call, management said Groves “reached first criticality in early August 2026,” going from greenfield to criticality in “a little over 11 months from groundbreaking.” Oklo ended the quarter with $3 billion in cash and marketable securities, a war chest few pre-revenue peers can match.

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Why Didn’t OKLO Make The Top 10 List?

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Why Bulls See a Breakout Ahead

The bull case rests on demand scale and execution speed. Oklo’s pipeline sits at roughly 14 GW, anchored by a 12 GW master power agreement with Switch, a 500 MW LOI with Equinix carrying a $25M prepayment, and Aurora Ohio’s planned 1.2 gigawatt campus with Kiewit.

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