Ormat Technologies, Inc. (ORA)
NYSE: ORA · Real-Time Price · USD
68.82
-0.47 (-0.68%)
Feb 21, 2025, 4:00 PM EST - Market closed
Ormat Technologies Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Ormat Technologies stock have an average target of 84.29, with a low estimate of 75 and a high estimate of 100. The average target predicts an increase of 22.48% from the current stock price of 68.82.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ormat Technologies stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $73 → $78 | Hold → Strong Buy | Upgrades | $73 → $78 | +13.34% | Feb 20, 2025 |
| Jefferies | Jefferies | Hold Initiates $73 | Hold | Initiates | $73 | +6.07% | Jan 10, 2025 |
| Piper Sandler | Piper Sandler | Hold Initiates $78 | Hold | Initiates | $78 | +13.34% | Dec 19, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $87 → $92 | Strong Buy | Reiterates | $87 → $92 | +33.68% | Nov 8, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $86 → $91 | Buy | Maintains | $86 → $91 | +32.23% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
893.40M
from 829.42M
Increased by 7.71%
Revenue Next Year
972.71M
from 893.40M
Increased by 8.88%
EPS This Year
1.92
from 2.08
Decreased by -7.58%
EPS Next Year
2.17
from 1.92
Increased by 12.86%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 933.4M | 1.0B | 1.2B | ||
| Avg | 893.4M | 972.7M | 1.1B | ||
| Low | 864.4M | 901.6M | 998.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.5% | 15.6% | 24.4% | ||
| Avg | 7.7% | 8.9% | 12.0% | ||
| Low | 4.2% | 0.9% | 2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.07 | 2.59 | 2.84 | ||
| Avg | 1.92 | 2.17 | 2.49 | ||
| Low | 1.82 | 1.68 | 2.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.6% | 34.9% | 30.7% | ||
| Avg | -7.6% | 12.9% | 14.6% | ||
| Low | -12.4% | -12.5% | 0.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.