U.S. Energy Corp. received a key approval from the Department of Energy, and investment bank Wade Bush reiterated its "outperform" rating on Oklo (OKLO.US), stating that it outperformed the market.

Investment bank Wade Bush Securities stated that Oklo's third quarter performance once again demonstrates that the company is laying the foundation for wider application of nuclear energy in the next decade. The firm reiterated its "outperform" rating on Oklo stock and a target price of $150. Analyst Daniel Evans of Wade Bush pointed out in the report that the rapid construction of AI data centers is driving a huge demand for new energy, with computational capacity expected to grow tenfold by 2030. Oklo has made progress in meeting this demand, transitioning from the design phase to the actual construction of facilities, including its first commercial deployment project. Oklo's projects continue to receive accelerated regulatory approval, with the U.S. Energy Corp. granting authorization for the construction and operation of its nuclear facilities, creating a modern pathway for the rapid construction of new nuclear power plants. Operating factories can choose to transition to the licensing and regulatory system of the U.S. Nuclear Regulatory Commission for full commercial operation. Evans wrote: "We still believe that Oklo is laying the foundation for the widespread adoption of nuclear energy in the next decade. The AI revolution-driven construction boom of data centers is fueling a huge demand for new energy, with the computational capacity needed to power these plans expected to grow tenfold by 2030." According to the financial report, in the third quarter of 2025, Oklo generated no revenue; operating losses were $36.309 million, higher than the $12.282 million in the same period last year; net losses were $29.722 million, higher than the $9.960 million in the same period last year; loss per share was $0.20, higher than the $0.08 in the same period last year, and lower than the analyst average expectation of a loss per share of $0.13. The White House once again signals support for nuclear energy. On Monday, U.S. Energy Secretary Chris Wright announced that the federal government will provide funding to support the construction of next-generation nuclear power plants. Chris Wright stated that most of the $3-4 billion in funding from the DOE Loan Programs Office will be used to help the first batch of nuclear power plant projects land. William Blair analyst Jed Dorsheimer said on Tuesday, "This is an important development, and we expect more formal announcements of financial support to come in the future." He noted that Oklo is a "well-known nuclear brand in the White House," and its Aurora reactor project fits well with the plan, as the company is highly recognized within the government. Jed Dorsheimer added, "It is worth noting that Chris Wright was a former board member of Oklo, and CEO Jacob DeWitte has attended executive order signing ceremonies in the Oval Office of the White House." Currently, Oklo has been selected to participate in three reactor pilot projects of the U.S. Energy Corp.