Fri Feb 07 14:50:00 UTC 2025: ## Oklo Stock Soars 96% in January on AI Boom and Analyst Upgrade
**NEW YORK, NY – February X, 2025** – Shares of Oklo, Inc. (OKLO), a nuclear energy company backed by Sam Altman, surged 96% in January, fueled by several positive developments. The company’s strong performance was driven by increased investor interest in nuclear energy as a power source for the burgeoning AI sector.
The announcement of the White House’s Stargate Project, a massive AI infrastructure initiative with projected investments exceeding $100 billion, significantly boosted Oklo’s stock. This project, which involves Altman, President Trump, and Oracle founder Larry Ellison, is expected to drive substantial demand for reliable energy sources, making nuclear energy particularly attractive.
Further bolstering Oklo’s stock price was the signing of a memorandum of understanding for a new fuel fabrication facility and a buy rating from analyst Craig-Hallum, who predicted the stock could reach $80 per share or more. This positive analyst sentiment underscored Oklo’s potential role in the transition to nuclear power.
While a temporary setback occurred following the launch of DeepSeek, which posed a threat to the AI infrastructure ecosystem, the overall positive news surrounding the Stargate Project and the analyst upgrade ultimately propelled Oklo’s stock to significant gains. The stock’s rally began on January 17th and accelerated throughout the month.
Oklo’s performance mirrors the broader enthusiasm for small modular reactors (SMRs), a sector that also saw strong growth last year with companies like NuScale Power and Nano Nuclear Energy. Oklo’s first Aurora powerhouse is slated for deployment in 2027. Investors are advised to monitor developments surrounding this project, as well as broader trends in the AI sector, as Oklo’s stock price is likely to remain closely tied to these factors.
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