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Ormat Technologies - ORA Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $84.50
  • Forecasted Upside: 6.45%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$79.38 As of 11/20/2024 01:00 AM ET
▲ +0.14 (0.18%)

This chart shows the closing price for ORA by one month, three months, or twelve months.

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Analyst Price Target for ORA

Analyst Price Target is $84.50
▲ +6.45% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Ormat Technologies in the last 3 months. The average price target is $84.50, with a high forecast of $100.00 and a low forecast of $73.00. The average price target represents a 6.45% upside from the last price of $79.38.

This chart shows the closing price for ORA for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 6 investment analysts is to moderate buy stock in Ormat Technologies. This rating has held steady since March 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/8/2024Roth MkmReiterated RatingBuy ➝ Buy$87.00 ➝ $92.00
11/8/2024OppenheimerBoost TargetOutperform ➝ Outperform$86.00 ➝ $91.00
8/12/2024Roth MkmReiterated RatingBuy ➝ Buy$80.00 ➝ $80.00
8/8/2024OppenheimerBoost TargetOutperform ➝ Outperform$85.00 ➝ $86.00
7/16/2024JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$69.00 ➝ $75.00
6/21/2024OppenheimerBoost TargetOutperform ➝ Outperform$83.00 ➝ $85.00
5/14/2024UBS GroupBoost TargetBuy ➝ Buy$95.00 ➝ $100.00
5/13/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$75.00 ➝ $73.00
5/10/2024TD CowenBoost TargetHold ➝ Hold$70.00 ➝ $76.00
2/23/2024TD CowenLower TargetMarket Perform$74.00 ➝ $70.00
2/5/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$82.00 ➝ $75.00
1/19/2024OppenheimerLower TargetOutperform ➝ Outperform$84.00 ➝ $83.00
10/19/2023JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$89.00 ➝ $79.00
10/12/2023OppenheimerLower TargetOutperform ➝ Outperform$96.00 ➝ $84.00
8/7/2023Roth CapitalUpgradeNeutral ➝ Buy
8/7/2023Roth MkmUpgradeNeutral ➝ Buy$92.00
7/19/2023JPMorgan Chase & Co.Boost Target$86.00 ➝ $89.00
6/14/2023Bank of AmericaBoost Target$85.00 ➝ $87.00
5/22/2023BarclaysInitiated CoverageEqual Weight$89.00
3/27/2023CitigroupLower TargetNeutral$91.00 ➝ $88.00
3/1/2023UBS GroupUpgradeNeutral ➝ Buy$103.00 ➝ $105.00
2/27/2023Roth MkmLower TargetNeutral$104.00 ➝ $93.00
2/24/2023OppenheimerLower TargetOutperform$106.00 ➝ $96.00
11/22/2022Bank of AmericaInitiated CoverageNeutral ➝ Neutral
11/6/2022Roth CapitalReiterated RatingNeutral
10/20/2022CitigroupInitiated CoverageNeutral$91.00
10/20/2022JPMorgan Chase & Co.Lower TargetNeutral$97.00 ➝ $88.00
8/9/2022CowenBoost Target$84.00
8/8/2022OppenheimerBoost TargetOutperform$85.00 ➝ $97.00
8/8/2022JPMorgan Chase & Co.Boost TargetNeutral$90.00 ➝ $97.00
7/20/2022JPMorgan Chase & Co.Boost Target$77.00 ➝ $80.00
2/25/2022OppenheimerLower TargetOutperform$86.00 ➝ $85.00
1/26/2022Bank of AmericaDowngradeBuy ➝ Neutral$94.00 ➝ $75.00
1/20/2022JPMorgan Chase & Co.Lower Target$82.00 ➝ $73.00
7/21/2021JPMorgan Chase & Co.Boost TargetAverage ➝ Overweight$83.00 ➝ $89.00
7/15/2021Roth CapitalLower TargetNeutral$97.00 ➝ $76.00
5/7/2021CowenLower TargetMarket Perform$91.00 ➝ $72.00
4/27/2021OppenheimerReiterated RatingBuy$100.00
3/8/2021JPMorgan Chase & Co.Lower TargetNeutral$96.00 ➝ $81.00
2/2/2021Roth CapitalBoost TargetNeutral$70.00 ➝ $100.00
1/20/2021JPMorgan Chase & Co.Boost TargetNeutral$86.00 ➝ $94.00
1/6/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$86.00
12/29/2020Bank of AmericaInitiated CoverageBuy$96.00
12/9/2020JPMorgan Chase & Co.Boost TargetOverweight$78.00 ➝ $86.00
8/4/2020OppenheimerInitiated CoverageMarket Perform ➝ Outperform
7/9/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$82.00
6/11/2020JPMorgan Chase & Co.Initiated CoverageHold$82.00
5/28/2020JPMorgan Chase & Co.Boost TargetNeutral$74.00 ➝ $82.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.94 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 12 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024
  • 14 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 10 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 10 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 11 very positive mentions
  • 14 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 13 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 10 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 16 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

  • 16 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Ormat Technologies logo
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, and internationally. It operates in 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 geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. This segment serves contractors; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers battery energy storage systems and related services. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.
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Today's Range

Now: $79.38
Low: $78.79
High: $79.51

50 Day Range

MA: $78.04
Low: $74.22
High: $83.84

52 Week Range

Now: $79.38
Low: $59.41
High: $84.30

Volume

240,462 shs

Average Volume

438,094 shs

Market Capitalization

$4.80 billion

P/E Ratio

40.50

Dividend Yield

0.61%

Beta

0.53

Frequently Asked Questions

What sell-side analysts currently cover shares of Ormat Technologies?

The following Wall Street analysts have issued reports on Ormat Technologies in the last twelve months: Barclays PLC, JPMorgan Chase & Co., Oppenheimer Holdings Inc., Roth Mkm, TD Cowen, and UBS Group AG.
View the latest analyst ratings for ORA.

What is the current price target for Ormat Technologies?

0 Wall Street analysts have set twelve-month price targets for Ormat Technologies in the last year. Their average twelve-month price target is $84.50, suggesting a possible upside of 6.4%. UBS Group AG has the highest price target set, predicting ORA will reach $100.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $73.00 for Ormat Technologies in the next year.
View the latest price targets for ORA.

What is the current consensus analyst rating for Ormat Technologies?

Ormat Technologies currently has 3 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for ORA.

What other companies compete with Ormat Technologies?

Other companies that are similar to Ormat Technologies include NRG Energy, AES, Genie Energy, Centrais Elétricas Brasileiras S.A. - Eletrobrás and Avangrid. Learn More about companies similar to Ormat Technologies.

How do I contact Ormat Technologies' investor relations team?

Ormat Technologies' physical mailing address is 6140 PLUMAS STREET, RENO NV, 89519. The energy company's listed phone number is (775) 356-9029 and its investor relations email address is [email protected]. The official website for Ormat Technologies is www.ormat.com. Learn More about contacing Ormat Technologies investor relations.