Oklo‘s (OKLO 1.42%) stock price has declined by more than 42% in 2026 as of this writing, but analysts are still generally optimistic about the future. Of 22 analyst ratings tracked by CNN, the median one-year price target is $87.

That suggests significant gains are ahead, but there’s a reason why investors will still want to proceed with caution before buying Oklo stock.

Image source: The Motley Fool.

Oklo’s upside potential

From Oklo’s July 16 closing price of $41.11, reaching that median price target of $87 would provide a potential return of roughly 112%. Of the 22 analysts mentioned earlier, the most bullish has a price target of $140, which would imply upside of more than 240%.

At first glance, Oklo appears to be a compelling…