OKLO

Nuclear power stocks are under heavy pressure as long-term Treasury yields rise, and the companies with the most distant returns are taking some of the sharpest hits. NuScale Power (NYSE:SMR) stock is at $6.04, down 7% in morning trading.

We called Oklo a buy and NuScale a strong buy when nuclear fever gripped the market, and the trade collapsed spectacularly. Here is what the bull case looks like after the wreckage, and whether anything has actually changed.

OKLO's push into medical isotopes gains momentum as reactor milestones, critical material procurement and laboratory capabilities open new avenues for growth.

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $OKLO #advancedfission--Oklo Inc. (NYSE: OKLO) (“Oklo” or “the Company”), an advanced nuclear technology company, today announced it would advance the Groves isotope production facility (Groves 2 Forge) as part of the U.S. Department of Energy's (DOE's) National Reactor Innovation Center (NRIC) Nuclear Energy Launch Pad initiative. Through the initiative, Oklo's Groves 2 Forge will build on the demonstration experience from Oklo's Groves Isotope Test Reactor while including capabi.

Google and Constellation's 3.59-GW nuclear deal signals a long-term industry shift, putting nuclear ETFs in focus as AI drives demand for reliable power.

NuScale Power (NYSE:SMR) stock is down 7% to $6.72 as nuclear power names retreat. That decline leaves NuScale Power shares down 53% year to date and below the $7.07 level that had marked their 52-week low.

VettaFi recently sat down with Range Fund Holdings Founder Tim Rotolo to analyze the nuclear sector outlook, discussing recent headwinds, why he views 2026 as a “year of digestion rather than deterioration,” and where the strongest demand drivers lie across the nuclear value chain.

OKLO's $3 billion cash cushion offers breathing room, but soaring development costs and a long road to commercial power generation leave investors facing tough choices.

Uranium and advanced-reactor stocks are selling off as a single trade, and Energy Fuels (NYSEAMERICAN:UUUU) stock is taking the biggest blow among the group's most closely watched names. Energy Fuels stock is down 9%, trading at $10.

Oklo has shed nearly half its value this year while one Wall Street analyst sees a path to more than triple the current price, and the gap between those two realities comes down to a single high-stakes question about timing.