Ormat Technologies, Inc. (ORA)
| Market Cap | 7.48B +69.9% |
| Revenue (ttm) | 1.16B +31.5% |
| Net Income | 127.60M +1.7% |
| EPS | 2.07 +0.6% |
| Shares Out | 61.45M |
| PE Ratio | 58.69 |
| Forward PE | 69.34 |
| Dividend | $0.48 (0.39%) |
| Ex-Dividend Date | May 20, 2026 |
| Volume | 861,628 |
| Open | 122.69 |
| Previous Close | 122.52 |
| Day's Range | 119.43 - 123.02 |
| 52-Week Range | 70.42 - 132.58 |
| Beta | 0.80 |
| Analysts | Buy |
| Price Target | 130.45 (+7.22%) |
| Earnings Date | May 6, 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 11 analysts, the average rating for ORA stock is "Buy." The 12-month stock price target is $130.45, which is an increase of 7.22% from the latest price.
News
Ormat Technologies price target raised to $152 from $143 at UBS
UBS analyst Jon Windham raised the firm’s price target on Ormat Technologies (ORA) to $152 from $143 and keeps a Buy rating on the shares.
Ormat Technologies price target raised to $143 from $130 at Baird
Baird raised the firm’s price target on Ormat Technologies (ORA) to $143 from $130 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results.
Ormat Technologies price target raised to $144 from $136 at Oppenheimer
Oppenheimer analyst Noah Kaye raised the firm’s price target on Ormat Technologies (ORA) to $144 from $136 and keeps an Outperform rating on the shares. The firm notes shares traded
Ormat Technologies price target raised to $123 from $106 at JPMorgan
JPMorgan raised the firm’s price target on Ormat Technologies (ORA) to $123 from $106 and keeps a Neutral rating on the shares.
Ormat Technologies price target raised to $126 from $123 at Barclays
Barclays analyst J. David Anderson raised the firm’s price target on Ormat Technologies (ORA) to $126 from $123 and keeps an Overweight rating on the shares.
Ormat Technologies Earnings Call Transcript: Q1 2026
Record Q1 revenue grew 75.8% year-over-year, led by energy storage and product segments. Adjusted EBITDA rose 29.7%, and guidance for 2026 was maintained with strong growth expected across all segments. Strategic investments and new PPAs support long-term targets.
Ormat Technologies reports Q1 adjusted EPS $1.30, consensus 90c
Reports Q1 revenue $403.9M, consensus $349.2M. “Ormat is off to a very strong start in 2026, delivering continued revenue growth across all segments alongside continued progress on our growth and
Ormat Technologies sees FY26 revenue $1.11B-$1.16B, consensus $1.14B
Sees FY26 adjusted EBITDA $615M-$645M.
Ormat Technologies Reports First Quarter 2026 Financial Results
RECORD QUARTER WITH 75.8% YEAR-OVER-YEAR REVENUE GROWTH HIGHLIGHTS IMPROVED OPERATING PERFORMANCE, DROVE RECORD REVENUES AND OPERATING INCOME, DELIVERING ADJUSTED EBITDA AND ADJUSTED DILUTED EPS INCRE...
Ormat Technologies price target lowered to $106 from $108 at JPMorgan
JPMorgan lowered the firm’s price target on Ormat Technologies (ORA) to $106 from $108 and keeps a Neutral rating on the shares. The firm adjusted targets in the clean energy
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2026 Financial Results
RENO, Nev., March 31, 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 publi...
Ormat Technologies, Inc. Announces Closing of Upsized $1 Billion Convertible Senior Notes Offering
RENO, Nev., March 23, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Company” or “Ormat”) today announced the closing of its previously announced private offering of $1 billion aggreg...
Ormat Technologies, Inc. Announces Pricing of Upsized Offering of $725 Million of Series A Convertible Senior Notes and $150 Million of Series B Convertible Senior Notes
RENO, Nev., March 18, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Company” or “Ormat”) announced today that it priced private offerings of $725 million aggregate principal amount o...
Ormat announces two convertible senior notes offerings
Ormat Technologies (ORA) announced its intention to offer $600M aggregate principal amount of Series A convertible senior notes due 2031 and $150M aggregate principal amount of Series B convertible se...
Ormat Technologies, Inc. Announces Proposed Offering of $600 Million of Series A Convertible Senior Notes and $150 Million of Series B Convertible Senior Notes
RENO, Nev., March 17, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Company” or “Ormat”) announced today its intention to offer $600 million aggregate principal amount of Series A Co...
Ormat Commences Commercial Operation of the 80MW/320MWh Shirk Energy Storage Facility in California
PROJECT BACKED BY LONG-TERM RESOURCE ADEQUACY CONTRACT AND INCLUDED IN PREVIOUSLY ANNOUNCED HYBRID TAX EQUITY PARTNERSHIP PROJECT BACKED BY LONG-TERM RESOURCE ADEQUACY CONTRACT AND INCLUDED IN PREVIOU...
Ormat Technologies signs ‘blend-and-extend’ amendment for CD4 geothermal plant
Ormat Technologies (ORA) announced the signing and approval of an amendments to the existing power purchase agreements with Central Coast Community Energy and Silicon Valley Clean Energy for a portion
Ormat Technologies price target lowered to $143 from $148 at UBS
UBS analyst Jon Windham lowered the firm’s price target on Ormat Technologies (ORA) to $143 from $148 and keeps a Buy rating on the shares. Ormat offers an attractive mix
Ormat Technologies initiated with an Outperform at RBC Capital
RBC Capital initiated coverage of Ormat Technologies (ORA) with an Outperform rating and $130 price target Ormat is a vertically integrated market leader in geothermal energy development, the analyst ...
Ormat Technologies price target raised to $123 from $108 at Barclays
Barclays raised the firm’s price target on Ormat Technologies (ORA) to $123 from $108 and keeps an Overweight rating on the shares.
Ormat Technologies price target lowered to $125 from $131 at TD Cowen
TD Cowen lowered the firm’s price target on Ormat Technologies (ORA) to $125 from $131 and keeps a Buy rating on the shares. The firm said the company finished out
Ormat Technologies price target lowered to $130 from $139 at Roth Capital
Roth Capital analyst Justin Clare lowered the firm’s price target on Ormat Technologies (ORA) to $130 from $139 and keeps a Buy rating on the shares. The company delivered Q4
Ormat Technologies price target lowered to $130 from $143 at Baird
Baird lowered the firm’s price target on Ormat Technologies (ORA) to $130 from $143 and keeps an Outperform rating on the shares. The firm updated its model following strong Q4
Ormat Technologies price target lowered to $108 from $116 at JPMorgan
JPMorgan analyst Mark Strouse lowered the firm’s price target on Ormat Technologies (ORA) to $108 from $116 and keeps a Neutral rating on the shares. The company reported a slight
Ormat Technologies Earnings Call Transcript: Q4 2025
Revenue grew 12.5% to $990M and adjusted EBITDA rose 5.7% to $582M, driven by strong product and energy storage segments. Major new PPAs, acquisitions, and EGS partnerships support a 2026 revenue outlook of $1.11–$1.16B and continued margin improvement.