Shares of nuclear energy company Oklo Inc. (OKLO) have fallen roughly 46% in 2026. The stock trades at approximately $39.
Tigress Financial analyst Ivan Feinseth maintained a bullish outlook. In April 2026, he set a $130 price target. That target implies potential upside of about 240% from the current share price, based on future deployment of Oklo’s Aurora reactor.
Oklo’s decline reflects heavy share issuance and higher 2026 guidance for cash burn and capital spending. A broader selloff in the small modular reactor (SMR) sector has also weighed on the stock.
Feinseth’s bullish thesis rests on Oklo’s business model of owning and operating its reactors and anticipated strong power demand from data centers.