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Ormat Technologies - ORA Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $92.83
  • Forecasted Upside: 14.64%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$80.98 As of 03/24/2023 01:00 AM ET
▲ +0.65 (0.81%)

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 $92.83
▲ +14.64% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Ormat Technologies in the last 3 months. The average price target is $92.83, with a high forecast of $105.00 and a low forecast of $84.00. The average price target represents a 14.64% upside from the last price of $80.98.

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 Hold

The current consensus among 7 investment analysts is to hold stock in Ormat Technologies. This rating has held steady since July 2022, when it changed from a Buy 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
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
10/2/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/31/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/31/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/1/2023UBS GroupUpgradeNeutral ➝ Buy$103.00 ➝ $105.00Low
2/27/2023Roth MkmLower TargetNeutral$104.00 ➝ $93.00Low
2/24/2023OppenheimerLower TargetOutperform$106.00 ➝ $96.00N/A
11/22/2022Bank of AmericaInitiated CoverageNeutral ➝ NeutralLow
11/6/2022Roth CapitalReiterated RatingNeutralLow
10/20/2022CitigroupInitiated CoverageNeutral$91.00Low
10/20/2022JPMorgan Chase & Co.Lower TargetNeutral$97.00 ➝ $88.00Low
8/9/2022CowenBoost Target$84.00Low
8/8/2022OppenheimerBoost TargetOutperform$85.00 ➝ $97.00Low
8/8/2022JPMorgan Chase & Co.Boost TargetNeutral$90.00 ➝ $97.00Low
7/20/2022JPMorgan Chase & Co.Boost Target$77.00 ➝ $80.00Low
2/25/2022OppenheimerLower TargetOutperform$86.00 ➝ $85.00Medium
1/26/2022Bank of AmericaDowngradeBuy ➝ Neutral$94.00 ➝ $75.00High
1/20/2022JPMorgan Chase & Co.Lower Target$82.00 ➝ $73.00Medium
7/21/2021JPMorgan Chase & Co.Boost TargetAverage ➝ Overweight$83.00 ➝ $89.00Low
7/15/2021Roth CapitalLower TargetNeutral$97.00 ➝ $76.00Low
5/7/2021CowenLower TargetMarket Perform$91.00 ➝ $72.00Medium
4/27/2021OppenheimerReiterated RatingBuy$100.00Medium
3/8/2021JPMorgan Chase & Co.Lower TargetNeutral$96.00 ➝ $81.00Low
2/2/2021Roth CapitalBoost TargetNeutral$70.00 ➝ $100.00Low
1/20/2021JPMorgan Chase & Co.Boost TargetNeutral$86.00 ➝ $94.00High
1/6/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$86.00N/A
12/29/2020Bank of AmericaInitiated CoverageBuy$96.00N/A
12/9/2020JPMorgan Chase & Co.Boost TargetOverweight$78.00 ➝ $86.00High
8/4/2020OppenheimerInitiated CoverageMarket Perform ➝ OutperformLow
7/9/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$82.00Medium
6/11/2020JPMorgan Chase & Co.Initiated CoverageHold$82.00Medium
5/28/2020JPMorgan Chase & Co.Boost TargetNeutral$74.00 ➝ $82.00Medium
11/11/2019Roth CapitalDowngradeBuy ➝ Neutral$78.00Low
10/24/2019CowenDowngradeOutperform ➝ Market Perform$76.00Medium
8/23/2019UBS GroupBoost TargetNeutral$59.00 ➝ $73.00High
8/12/2019Roth CapitalBoost TargetBuy$67.00 ➝ $78.00Low
3/6/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$60.00Low
8/9/2018JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$64.00 ➝ $60.00High
6/13/2018GuggenheimDowngradeBuy ➝ Neutral$72.00Low
5/20/2018Roth CapitalSet TargetBuy$67.00Low
5/14/2018JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$62.00Medium
4/6/2018OppenheimerReiterated RatingOutperform ➝ Market PerformHigh
(Data available from 3/26/2018 forward)

News Sentiment Rating

0.69 (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
  • 7 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 5 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2022
  • 4 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2022
  • 9 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2022
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 7 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 15 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2023
  • 10 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 10 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Ormat Technologies logo
Ormat Technologies, Inc. operates as a holding company. The firm engages in the geothermal and recovered energy power businesses. It operates through the following segments: Electricity, Product and Energy Storage. The Electricity segment focuses on the sale of electricity from the company's power plants pursuant to power purchase agreements. The Product segment involves the manufacture, including design and development, of turbines and power units for the supply of electrical energy and in the associated construction of power plants utilizing the power units manufactured by the company to supply energy from geothermal fields and other alternative energy sources. The Energy Storage segment consists of battery energy storage systems as a service and management of curtailable customer loads under contracts with U.S. retail energy providers and directly with large commercial and industrial customers. The company was founded in 1965 and is headquartered in Reno, NV.
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Today's Range

Now: $80.98
Low: $79.56
High: $82.10

50 Day Range

MA: $88.43
Low: $79.16
High: $93.60

52 Week Range

Now: $80.98
Low: $67.28
High: $101.81

Volume

1,825,905 shs

Average Volume

675,017 shs

Market Capitalization

$4.54 billion

P/E Ratio

69.21

Dividend Yield

0.60%

Beta

0.48

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., Citigroup Inc., Cowen Inc., JPMorgan Chase & Co., Oppenheimer Holdings Inc., Roth Capital, Roth Mkm, StockNews.com, TheStreet, and UBS Group AG.
View the latest analyst ratings for ORA.

What is the current price target for Ormat Technologies?

6 Wall Street analysts have set twelve-month price targets for Ormat Technologies in the last year. Their average twelve-month price target is $92.83, suggesting a possible upside of 14.6%. UBS Group AG has the highest price target set, predicting ORA will reach $105.00 in the next twelve months. Cowen Inc. has the lowest price target set, forecasting a price of $84.00 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 5 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 NextEra Energy Partners, Brookfield Renewable, Atlantica Sustainable Infrastructure, Clearway Energy and ReNew Energy Global. 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.