Where Will Oklo Stock Be in 5 Years?
Nuclear energy has come back from the dead, led by the soaring demand for electricity from artificial intelligence (AI) data centers. (NYSE: OKLO) is a nuclear energy start-up trying to take advantage of this great need. As a so-called "fast fission" developer, the company is in the middle of planning and certification for a nuclear power plant design, nuclear waste recycling, and producing radioisotopes.
Investors have taken notice. At $129.50 a share, Oklo stock trades up 1,980% compared to a year ago, when it went public through a special purpose acquisition company (SPAC) merger. Where will the stock be five years from now? Let's dig into the numbers and find out.
Oklo's Aurora Powerhouse is a modular nuclear reactor with upwards of 75 megawatts (MW) of power generation. With reliable power that is on 100% of the time, 75 MW of power can fulfill the electricity needs of thousands of homes, which can be scaled up due to the modular design of these systems.
Source Fool.com
