Ormat Technologies, Inc. (ORA)
| Market Cap | 5.82B -10.7% |
| Revenue (ttm) | 1.19B +31.1% |
| Net Income | 126.64M -3.6% |
| EPS | 2.04 -5.4% |
| Shares Out | 61.50M |
| PE Ratio | 46.31 |
| Forward PE | 46.06 |
| Dividend | $0.48 (0.51%) |
| Ex-Dividend Date | Aug 19, 2026 |
| Volume | 650,095 |
| Open | 92.44 |
| Previous Close | 91.87 |
| Day's Range | 92.15 - 95.16 |
| 52-Week Range | 85.77 - 146.39 |
| Beta | 0.90 |
| Analysts | Buy |
| Price Target | 123.54 (+30.58%) |
| Earnings Date | Nov 4, 2026 |
About ORA
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indonesia, the Philippines, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geo... [Read more]
Financial Performance
In 2025, Ormat Technologies's revenue was $989.54 million, an increase of 12.49% compared to the previous year's $879.65 million. Earnings were $123.90 million, an increase of 0.13%.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for ORA stock is "Buy." The 12-month stock price target is $123.54, which is an increase of 30.58% from the latest price.
News
Ormat Technologies initiated with an Overweight at Morgan Stanley
Morgan Stanley initiated coverage of Ormat Technologies (ORA) with an Overweight rating and $123 price target calling the company an “established conventional geothermal leader” with attractive growth...
High Oil Prices May Push Inflation Lower Over Time
Rising oil prices are usually seen as an inflation warning. Yet Thornburg Investment Management argues the longer prices stay high, the more likely they are to pull inflation down.
Ormat Technologies price target lowered to $98 from $131 at JPMorgan
JPMorgan lowered the firm’s price target on Ormat Technologies (ORA) to $98 from $131 and keeps a Neutral rating on the shares. The firm adjusted targets in the clean energy…
Ormat Technologies downgraded to Neutral from Buy at UBS
UBS downgraded Ormat Technologies (ORA) to Neutral from Buy with a price target of $100, down from $157. The firm sees limited earnings upside potential through 2028 for Ormat and…
Ormat Technologies selected for $35M Department of Energy funding
Ormat Technologies (ORA) “announced that it has been selected by the U.S. Department of Energy for up to approximately $35 million in funding, in partnership with SLB (SLB) and the…
Ormat Selected for Approximately $35 Million in U.S. Department of Energy Funding to Advance EGS and Hydrothermal Development
DOE Funding to Support Development Activities at Ormat's Dixie Valley, Nevada and Cove Fort, Utah Geothermal Projects DOE Funding to Support Development Activities at Ormat's Dixie Valley, Nevada and ...
Sage Geosystems Selects Ormat's Blue Mountain Power Plant for Next Commercial-Scale EGS Facility
HOUSTON--(BUSINESS WIRE)--Sage Geosystems (“Sage”), a U.S.-based Enhanced Geothermal Systems (EGS) power developer, today announced that it has selected Ormat Technologies' Blue Mountain geothermal po...
Ormat Technologies price target raised to $145 from $141 at Oppenheimer
Oppenheimer raised the firm’s price target on Ormat Technologies (ORA) to $145 from $141 and keeps an Outperform rating on the shares. The firm says the company’s 2026 Investor Day…
Ormat Technologies price target raised to $131 from $122 at JPMorgan
JPMorgan raised the firm’s price target on Ormat Technologies (ORA) to $131 from $122 and keeps a Neutral rating on the shares following the analyst day.
Ormat Technologies Transcript: Investor Day 2026
Doubling capacity and revenue by 2030, Ormat is expanding geothermal, storage, and product segments, while pioneering EGS with pilots targeting 1 GW by 2033–2035. Robust financials, disciplined capital allocation, and strong regulatory tailwinds underpin growth, with EGS poised to transform long-term profitability.
Ormat Technologies Slides: FY 2026
Ormat Technologies has posted slides in relation to its FY 2026 quarterly earnings report, which was published on September 8, 2026.
Ormat Technologies upgraded to Market Perform from Underperform at Bernstein
Bernstein upgraded Ormat Technologies (ORA) to Market Perform from Underperform with an unchanged price target of $112. The firm views the stock’s current valuation as fair. Ormat’s investor day on…
Ormat Technologies price target lowered to $122 from $127 at Barclays
Barclays analyst J. David Anderson lowered the firm’s price target on Ormat Technologies (ORA) to $122 from $127 and keeps an Overweight rating on the shares. The firm views the…
Ormat Technologies price target lowered to $141 from $144 at Oppenheimer
Oppenheimer lowered the firm’s price target on Ormat Technologies (ORA) to $141 from $144 and keeps an Outperform rating on the shares. Shares traded up Thursday after Ormat beat Q2…
Ormat Technologies Earnings Call Transcript: Q2 2026
Q2 saw double-digit revenue and gross profit growth, driven by strong energy storage and electricity segments, prompting a full-year guidance raise. The company expanded its portfolio, advanced EGS pilots, and maintained a balanced capital structure, with robust liquidity and rising PPA prices supporting long-term growth.
Ormat Technologies Earnings release: Q2 2026
Ormat Technologies released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Ormat Technologies Slides: Q2 2026
Ormat Technologies has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Ormat Technologies Quarterly report: Q2 2026
Ormat Technologies has published its Q2 2026 quarterly earnings report on August 6, 2026.
Ormat Technologies reports Q2 adjusted EPS 50c, consensus 25c
Reports Q2 revenue $258.8M, consensus $235.63M. The company said, “Our second quarter results reflect the continued successful execution of our diversified growth strategy. We delivered double-digit r...
Ormat Technologies sees 2026 revenue $1.15B-$1.20B, consensus $1.15B
Sees 2026 adjusted EBITDA $630M-$650M.
Ormat Technologies Reports Second Quarter 2026 Financial Results
HIGHLIGHTS CONTINUED STRONG OPERATING PERFORMANCE DROVE 10.6% REVENUE GROWTH, 20.8% GROSS PROFIT GROWTH AND 6.9% GROWTH IN ADJUSTED EBITDA ENERGY STORAGE REVENUES NEARLY TRIPLED YEAR-OVER-YEAR, BENEFI...
Ormat Technologies price target raised to $127 from $126 at Barclays
Barclays analyst J. David Anderson raised the firm’s price target on Ormat Technologies (ORA) to $127 from $126 and keeps an Overweight rating on the shares. The firm adjusted targets…
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2026 Financial Results
RENO, Nev., July 01, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publis...
Bernstein starts Ormat at Underperform on geothermal exploration risk
Bernstein initiated coverage of Ormat Technologies (ORA) with an Underperform rating and $115 price target. The firm says conventional geothermal carries exploration risk, which will be a “limiting fa...
Ormat Technologies Accelerates Enhanced Geothermal System (EGS) Deployments and Introduces Ormega100 Unit to Commercialize and Scale the Largest Binary Unit in the Industry
RENO, Nev., June 08, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company and the only vertically integrated desi...