Analysts Set Ormat Technologies, Inc. (NYSE:ORA) Price Target at $130.83

23 Aug 2026, 05:59 by Sarita Garza · The Markets Daily

Shares of Ormat Technologies, Inc. (NYSE:ORA – Get Free Report) have been given an average recommendation of “Moderate Buy” by the fourteen research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $130.8333.

A number of brokerages have recently commented on ORA. Roth Capital reissued a “buy” rating and issued a $135.00 price target on shares of Ormat Technologies in a report on Monday, May 11th. Barclays dropped their price objective on shares of Ormat Technologies from $127.00 to $122.00 and set an “overweight” rating for the company in a report on Monday, August 10th. JPMorgan Chase & Co. upped their target price on shares of Ormat Technologies from $106.00 to $123.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Sanford C. Bernstein reissued an “underperform” rating and issued a $112.00 target price on shares of Ormat Technologies in a research note on Monday, August 10th. Finally, UBS Group raised their price target on Ormat Technologies from $143.00 to $152.00 and gave the company a “buy” rating in a research report on Friday, May 8th.

View Our Latest Stock Analysis on Ormat Technologies

Ormat Technologies Stock Up 0.3%

ORA stock opened at $108.62 on Thursday. The company has a current ratio of 1.05, a quick ratio of 1.00 and a debt-to-equity ratio of 0.87. The company’s 50 day moving average is $110.90 and its 200 day moving average is $116.68. The stock has a market cap of $6.68 billion, a price-to-earnings ratio of 53.51, a price-to-earnings-growth ratio of 4.38 and a beta of 0.90. Ormat Technologies has a 1-year low of $89.08 and a 1-year high of $146.39.

Ormat Technologies (NYSE:ORA – Get Free Report) last announced its earnings results on Wednesday, August 5th. The energy company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.24. Ormat Technologies had a net margin of 10.66% and a return on equity of 6.61%. The business had revenue of $258.76 million for the quarter, compared to the consensus estimate of $240.03 million. During the same period last year, the firm posted $0.48 earnings per share. Ormat Technologies’s quarterly revenue was up 10.6% on a year-over-year basis. Sell-side analysts predict that Ormat Technologies will post 2.47 EPS for the current fiscal year.

Ormat Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, August 19th. Ormat Technologies’s dividend payout ratio is presently 23.65%.

Insider Activity at Ormat Technologies

In other news, Director Stanley Stern sold 250 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $138.42, for a total transaction of $34,605.00. Following the transaction, the director directly owned 5,800 shares in the company, valued at approximately $802,836. This represents a 4.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.50% of the company’s stock.

Institutional Trading of Ormat Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of Ormat Technologies by 155.8% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 886,526 shares of the energy company’s stock worth $97,935,000 after acquiring an additional 540,000 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of Ormat Technologies by 51.7% during the 4th quarter. Jennison Associates LLC now owns 90,753 shares of the energy company’s stock valued at $10,025,000 after purchasing an additional 30,910 shares during the last quarter. Legato Capital Management LLC bought a new position in shares of Ormat Technologies during the 4th quarter valued at $1,319,000. Nicholas Investment Partners LP bought a new position in shares of Ormat Technologies during the 4th quarter valued at $4,835,000. Finally, Hsbc Holdings PLC raised its position in Ormat Technologies by 459.1% in the 4th quarter. Hsbc Holdings PLC now owns 46,763 shares of the energy company’s stock worth $5,171,000 after purchasing an additional 38,399 shares during the period. Hedge funds and other institutional investors own 95.49% of the company’s stock.

About Ormat Technologies

(Get Free Report)

Ormat Technologies, Inc is a leading renewable energy company specializing in geothermal and recovered energy power plants. Through its vertically integrated business model, Ormat designs, develops, engineers, constructs, owns and operates clean energy projects worldwide. The company’s core technology centers on the Organic Rankine Cycle (ORC), which converts heat from geothermal sources or industrial waste streams into sustainable electricity without combustion.