Oklo's monster run reflects rising market optimism for small reactors -- and their potential role in powering AI computing. But execution won't come easily.

Oklo ( OKLO 28.83% ) has been one of the market's most eye-catching stories this year. The advanced nuclear developer, best known for its compact powerhouse reactors aimed at data centers, industrial sites, and government facilities, has seen its stock rocket in 2025 as investors search for scalable, always-on power for artificial intelligence (AI) computing. Over the trailing 12 months, shares are up roughly 1,400% (more than 10x) as of this writing.

This excitement rests on two pillars: a fast-growing commercial pipeline and visible progress on licensing and government work. The central question for investors is whether to

See Full Page