Ormat Technologies Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Ormat Technologies stock have an average target of 84.88, with a low estimate of 75 and a high estimate of 100. The average target predicts an increase of 20.28% from the current stock price of 70.57.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$75	$84.88	$86	$100
Change	+6.28%	+20.28%	+21.86%	+41.70%

Analyst Ratings

The average analyst rating for Ormat Technologies stock from 8 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	2	2	2	2	3	3
Buy	1	1	1	1	1	1
Hold	3	3	3	4	3	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	7	7	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Maintains $78 → $86	Strong Buy	Maintains	$78 → $86	+21.86%	Mar 25, 2025
Ben Kallo Baird	Baird	Hold Initiates $81	Hold	Initiates	$81	+14.78%	Mar 13, 2025
Mark Strouse JP Morgan	JP Morgan	Hold Maintains $71 → $75	Hold	Maintains	$71 → $75	+6.28%	Feb 28, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold → Strong Buy Upgrades $73 → $78	Hold → Strong Buy	Upgrades	$73 → $78	+10.53%	Feb 20, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold Initiates $73	Hold	Initiates	$73	+3.44%	Jan 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

967.66M

from 879.65M

10.00%

from 879.65M

Revenue Next Year

1.09B

from 967.66M

12.13%

from 967.66M

EPS This Year

2.17

from 2.04

6.35%

from 2.04

EPS Next Year

2.49

from 2.17

14.64%

from 2.17

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	705.34M	663.08M	734.16M	829.42M	879.65M	967.66M	1.09B	1.19B
Revenue Growth	-5.46%	-5.99%	10.72%	12.98%	6.06%	10.00%	12.13%	9.86%
EPS	1.65	1.10	1.17	2.08	2.04	2.17	2.49	2.50
EPS Growth	-4.07%	-33.33%	6.36%	77.78%	-1.92%	6.35%	14.64%	0.71%
Forward PE	-	-	-	-	-	32.53	28.37	28.17
No. Analysts	-	-	-	-	-	10	10	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	1.0B	1.2B	1.3B
Avg	967.7M	1.1B	1.2B
Low	927.2M	998.6M	1.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	16.1%	23.2%	17.5%
Avg	10.0%	12.1%	9.9%
Low	5.4%	3.2%	1.6%

EPS Forecast

EPS	2025	2026	2027
High	2.59	2.84	2.60
Avg	2.17	2.49	2.50
Low	1.68	2.18	2.43

EPS Growth

EPS Growth	2025	2026	2027
High	27.1%	30.7%	4.7%
Avg	6.4%	14.6%	0.7%
Low	-17.5%	0.3%	-2.3%

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.