Energy digest — Nov 3, 2026
Top line: A quiet day on the SMR and advanced-reactor front. The only fresh item is analyst commentary: Wedbush laid out a split view of the nuclear new-build trade, backing Oklo and Nano Nuclear on AI-driven power demand while warning on NuScale's unfunded project pipeline. No company announced new hardware, contracts or licensing steps today.
Brief
- Wedbush analysts set an Outperform rating and a $36 price target on Oklo and an Outperform rating with an $18 target on Nano Nuclear Energy, citing surging AI data-center power demand as the driver of the bull case for advanced-reactor developers; the firm rated NuScale Power Underperform with a $5 target, pointing to a lack of funded reactor projects (Stocktwits).