Wedbush Rates Oklo and Nano Nuclear Outperform, Puts NuScale on Underperform
Wedbush initiated coverage of six advanced nuclear companies, rating Oklo and Nano Nuclear Outperform and NuScale Underperform, per Stocktwits.
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what happened
According to Stocktwits, Wedbush analyst Seth Basham started coverage of six companies in advanced nuclear power. The bank argues that rising electricity demand from AI infrastructure and wider electrification could keep investment in the sector going for a long time.
Oklo and Nano Nuclear were rated Outperform. Oklo's price target is $36, implying about 53% upside from the last close, while Nano Nuclear's target is $18, implying about 64% upside. NuScale Power received an Underperform rating with a $5 target, implying about 6% downside. The analyst noted that the company has not yet secured a binding order backed by financing for its reactor modules, and that the Carbon Free Power Project was cancelled in 2023.
why it matters
Shares in the small modular reactor group remain highly volatile: according to Stocktwits, SMR, NNE and OKLO have fallen between 54% and 67% so far this year. Analyst initiations like this can shape investor sentiment, but they do not by themselves change the companies' financial results.
tags
instruments
sources
- OKLO, NNE, SMR Stocks In Focus: Wedbush Picks Oklo, Nano Nuclear As AI Power Demand Fuels Bull Case, Warns On NuScale — Stocktwits, 3 November 2026 at 08:52 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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