Ormat Technologies, Inc. (ORA)
NYSE: ORA · Real-Time Price · USD
80.74
+0.66 (0.82%)
Nov 22, 2024, 4:00 PM EST - Market closed
Ormat Technologies Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Ormat Technologies stock have an average target of 84.5, with a low estimate of 73 and a high estimate of 100. The average target predicts an increase of 4.66% from the current stock price of 80.74.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ORA stock from 6 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Reiterates $87 → $92 | Strong Buy | Reiterates | $87 → $92 | +13.95% | Nov 8, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $86 → $91 | Buy | Maintains | $86 → $91 | +12.71% | Nov 8, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $80 | Strong Buy | Maintains | $80 | -0.92% | Aug 12, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $85 → $86 | Buy | Maintains | $85 → $86 | +6.51% | Aug 8, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $69 → $75 | Hold | Maintains | $69 → $75 | -7.11% | Jul 16, 2024 |
Financial Forecast
Revenue This Year
898.27M
from 829.42M
Increased by 8.30%
Revenue Next Year
990.99M
from 898.27M
Increased by 10.32%
EPS This Year
1.91
from 2.08
Decreased by -8.39%
EPS Next Year
2.34
from 1.91
Increased by 22.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 949.1M | 1.1B | 1.3B |
| Avg | 898.3M | 991.0M | 1.1B |
| Low | 864.4M | 936.9M | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.4% | 22.5% | 26.6% |
| Avg | 8.3% | 10.3% | 11.6% |
| Low | 4.2% | 4.3% | 2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.15 | 2.79 | 3.28 |
| Avg | 1.91 | 2.34 | 2.72 |
| Low | 1.57 | 1.68 | 2.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.5% | 46.6% | 39.8% |
| Avg | -8.4% | 23.0% | 16.1% |
| Low | -24.3% | -11.7% | -7.1% |
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.