NYSE:ORA - Ormat Technologies Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $89.80
  • Forecasted Upside: 28.36 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$69.96
▼ -1.08 (-1.52%)
1 month | 3 months | 12 months
Get New Ormat Technologies Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for ORA and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for ORA

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$89.80
▲ +28.36% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Ormat Technologies in the last 3 months. The average price target is $89.80, with a high forecast of $100.00 and a low forecast of $72.00. The average price target represents a 28.36% upside from the last price of $69.96.

Hold

The current consensus among 5 investment analysts is to hold stock in Ormat Technologies. This rating has held steady since April 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/22/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/21/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/19/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/17/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/16/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/16/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/15/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/14/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/7/2021CowenLower Price TargetMarket Perform$91.00 ➝ $72.00Medium
i
4/27/2021OppenheimerReiterated RatingBuy$100.00Medium
i
3/8/2021JPMorgan Chase & Co.Lower Price TargetNeutral$96.00 ➝ $81.00Low
i
2/2/2021Roth CapitalBoost Price TargetNeutral$70.00 ➝ $100.00Low
i
1/20/2021JPMorgan Chase & Co.Boost Price TargetNeutral$86.00 ➝ $94.00High
i
1/6/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$86.00N/A
i
12/29/2020Bank of AmericaInitiated CoverageBuy$96.00N/A
i
12/9/2020JPMorgan Chase & Co.Boost Price TargetOverweight$78.00 ➝ $86.00High
i
8/4/2020OppenheimerInitiated CoverageMarket Perform ➝ OutperformLow
i
7/9/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$82.00Medium
i
Rating by Mark Strouse at JPMorgan Chase & Co.
6/11/2020JPMorgan Chase & Co.Initiated CoverageHold$82.00Medium
i
Rating by Mark Strouse at JPMorgan Chase & Co.
5/28/2020JPMorgan Chase & Co.Boost Price TargetNeutral$74.00 ➝ $82.00Medium
i
11/11/2019Roth CapitalDowngradeBuy ➝ Neutral$78.00Low
i
Rating by Gerry Sweeney at Roth Capital
10/24/2019CowenDowngradeOutperform ➝ Market Perform$76.00Medium
i
8/23/2019UBS GroupBoost Price TargetNeutral$59.00 ➝ $73.00High
i
8/12/2019Roth CapitalBoost Price TargetBuy$67.00 ➝ $78.00Low
i
3/6/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$60.00Low
i
8/9/2018JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$64.00 ➝ $60.00High
i
Rating by Paul Coster at JPMorgan Chase & Co.
6/13/2018GuggenheimDowngradeBuy ➝ Neutral$72.00Low
i
5/20/2018Roth CapitalSet Price TargetBuy$67.00Low
i
Rating by Gerry Sweeney at Roth Capital
5/14/2018JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$62.00Medium
i
Rating by Paul Coster at JPMorgan Chase & Co.
4/6/2018OppenheimerReiterated RatingOutperform ➝ Market PerformHigh
i
3/16/2018JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Overweight$70.00 ➝ $68.00Low
i
3/16/2018UBS GroupInitiated CoverageNeutralLow
i
3/2/2018Roth CapitalLower Price TargetBuy$70.00 ➝ $67.00Low
i
Rating by Gerry Sweeney at Roth Capital
3/1/2018CowenSet Price TargetBuy$67.00High
i
Rating by Jeff Osborne at Cowen Inc
1/25/2018JPMorgan Chase & Co.Boost Price TargetOverweight ➝ Overweight$72.00 ➝ $75.00Low
i
1/24/2018CowenReiterated RatingBuy$75.00High
i
Rating by Jeff Osborne at Cowen Inc
1/8/2018GuggenheimInitiated CoverageBuy ➝ Buy$72.00Low
i
11/13/2017Roth CapitalSet Price TargetBuy$70.00N/A
i
Rating by Gerry Sweeney at Roth Capital
9/27/2017OppenheimerReiterated RatingBuy$65.00 ➝ $70.00Low
i
Rating by Noah Kaye at Oppenheimer Holdings Inc.
8/18/2017CowenSet Price TargetBuy$67.00Low
i
Rating by Jeff Osborne at Cowen Inc
7/17/2017CowenSet Price TargetBuy$67.00Low
i
Rating by Jeff Osborne at Cowen Inc
6/7/2017JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$65.00 ➝ $71.00Low
i
5/26/2017BarclaysUpgradeUnderweight ➝ Equal Weight$54.00 ➝ $59.00High
i
5/10/2017CowenSet Price TargetBuy$67.00Low
i
Rating by Jeff Osborne at Cowen Inc
5/4/2017OppenheimerSet Price TargetBuy$65.00Low
i
Rating by Noah Kaye at Oppenheimer Holdings Inc.
4/12/2017CowenReiterated RatingOutperform$67.00Low
i
3/6/2017Roth CapitalSet Price TargetBuy$66.00N/A
i
Rating by Gerry Sweeney at Roth Capital
3/6/2017BarclaysBoost Price TargetUnderweight$43.00 ➝ $54.00N/A
i
3/1/2017OppenheimerReiterated RatingBuy$56.00 ➝ $65.00N/A
i
Rating by Noah Kaye at Oppenheimer Holdings Inc.
1/12/2017Craig HallumReiterated RatingBuy$70.00N/A
i
1/3/2017OppenheimerSet Price TargetBuy$56.00N/A
i
Rating by Noah Kaye at Oppenheimer Holdings Inc.
12/20/2016OppenheimerReiterated RatingBuyN/A
i
Rating by Noah Kaye at Oppenheimer Holdings Inc.
12/19/2016Avondale PartnersUpgradeMarket Perform ➝ Outperform$60.00N/A
i
Rating by D. Mannes at Avondale Partners
12/13/2016OppenheimerSet Price TargetBuy$56.00N/A
i
Rating by Noah Kaye at Oppenheimer Holdings Inc.
9/8/2016OppenheimerInitiated CoverageOutperform$54.00N/A
i
8/3/2016JPMorgan Chase & Co.Reiterated RatingHoldN/A
i
Rating by Paul Coster at JPMorgan Chase & Co.
7/28/2016Roth CapitalInitiated CoverageBuy$50.00N/A
i
Rating by G. Sweeney at Roth Capital
(Data available from 6/14/2016 forward)
Ormat Technologies logo
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. The company 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 geothermal, recovered energy-based electricity generation, and remote power units, such as fossil fuel powered turbo-generators and heavy duty direct-current generators. This segment also provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; 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 energy storage and related services, as well as services relating to the engineering, procurement, construction, operation, and maintenance of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.
Read More

Today's Range

Now: $69.96
$69.59
$71.78

50 Day Range

MA: $71.48
$64.22
$80.81

52 Week Range

Now: $69.96
$53.44
$128.87

Volume

296,572 shs

Average Volume

754,450 shs

Market Capitalization

$3.92 billion

P/E Ratio

49.27

Dividend Yield

0.68%

Beta

0.32

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: Bank of America Co., Cowen Inc, JPMorgan Chase & Co., Oppenheimer Holdings Inc., Roth Capital, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for ORA.

What is the current price target for Ormat Technologies?

5 Wall Street analysts have set twelve-month price targets for Ormat Technologies in the last year. Their average twelve-month price target is $89.80, suggesting a possible upside of 28.4%. Oppenheimer Holdings Inc. has the highest price target set, predicting ORA will reach $100.00 in the next twelve months. Cowen Inc has the lowest price target set, forecasting a price of $72.00 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 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ORA, but not buy more shares or sell existing shares.
View the latest ratings for ORA.

What other companies compete with Ormat Technologies?

Other companies that are similar to Ormat Technologies include The AES, NRG Energy, Atlantic Power, Genie Energy and American DG Energy.

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.