ORAORAUtilities · Utilities - Renewable

ORA Stock Forecast: Ormat Technologies, Inc. Price Predictions for 2026-2027

Last close, 24 Sept 2026
$93
−3.43% on the day

The 13 Wall Street analysts covering Ormat Technologies, Inc. hold a median 12-month price target of $131 — +41.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 34 of 100 as at 23 Sept 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$6.0B
Ticker Nerd rank
34 / 100
Median analyst target
$131
Analysts covering
13
Revenue$258.8M+10.6% y/y
Operating income$41.1M
Net income$26.0M
Free cash flow−$87.4M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−5.0%
1M
−12.2%
YTD
−16.0%
1Y
+0.1%
From 52W high
−36.2%
From 52W low
+1.5%
$91
$145
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ORA stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Ormat Technologies, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 23 Sept 2026
34 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
86
Growth
81
Momentum
63
Accruals
32
Quality
28
Issuance
26
Value
21
Size
21
Volatility
19

Revisions (86): Analysts have, on balance, been raising their forecasts.

Volatility (19): The share price moves around a lot.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

ORA stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ORA, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$80$100$120$140$160Oct 25Jan 26Apr 26Jul 26ORAHigh $157Median $131Low $112

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says13 analysts
8 Buy5 Hold0 Sell
Low $112Median $131High $157

The green dot is the last close — the median target sits +41.0% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 2 moved it down.

DateFirmActionRatingTarget
9 Sept 2026JP MorganMaintainsNeutral$122 → $131
9 Sept 2026OppenheimerMaintainsOutperform$141 → $145
9 Sept 2026RBC CapitalReiteratesOutperform$130
4 Sept 2026BernsteinUpgradeMarket Perform$112
10 Aug 2026BarclaysMaintainsOverweight$127 → $122
10 Aug 2026BarclaysMaintainsOverweight—
7 Aug 2026OppenheimerMaintainsOutperform$144 → $141
7 Aug 2026OppenheimerMaintainsOutperform—
16 July 2026BarclaysMaintainsOverweight—
16 July 2026BarclaysMaintainsOverweight$126 → $127
17 June 2026BernsteinInitiatesUnderperform$115
17 June 2026BernsteinInitiatesUnderperform—
18 May 2026Piper SandlerMaintainsOverweight—
8 May 2026BarclaysMaintainsOverweight—
8 May 2026JP MorganMaintainsNeutral—
8 May 2026UBSMaintainsBuy—
16 Apr 2026JP MorganMaintainsNeutral—
3 Mar 2026RBC CapitalInitiatesOutperform—
3 Mar 2026UBSMaintainsBuy—
2 Mar 2026BarclaysMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. ORA appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

ORA vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 24 Sept 2026, Ormat Technologies, Inc. returned +0.1% against +17.4% for the S&P 500, dividends included.

ORA vs S&P 500, last 12 monthsTotal return, rebased to 100
100110120130140150Oct 25Jan 26Apr 26Jul 26ORAS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

ORA analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+16.7%
Analysts raising
9
Analysts cutting
0
Fundamentals

Ormat Technologies, Inc. (ORA) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
46.8×

Cheaper than 15% of US stocks

Price / sales
5.0×

Cheaper than 25% of US stocks

Price / book
2.3×

Cheaper than 41% of US stocks

EV / EBITDA
17.2×

Cheaper than 18% of US stocks

Growth & margins
Revenue growth (YoY)
10.6%

Higher than 54% of US stocks

Earnings growth (YoY)
−3.4%

Higher than 32% of US stocks

Gross margin
26.5%

Higher than 29% of US stocks

Operating margin
13.6%

Higher than 70% of US stocks

Net margin
10.7%

Higher than 71% of US stocks

Returns & dividend
Return on equity
4.8%

Higher than 53% of US stocks

Return on assets
2.0%

Higher than 59% of US stocks

Dividend yield
0.5%

Higher than 9% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Ormat Technologies, Inc. (ORA) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Ormat Technologies, Inc. has a market value of $6.0B and an enterprise value of $9.0B.

  • Revenue in the twelve months to 30 June 2026: $1.2B. The latest quarter grew 10.6% year on year.

  • Net income over the same four quarters: $128.4M, a 10.8% net margin.

  • Diluted earnings per share, trailing twelve months: $2.03.

  • Free cash flow in the twelve months to 30 June 2026: −$264.8M, after $544.2M of capital spending.

  • Ormat Technologies, Inc. spent $29.2M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 61.5M.

  • Trailing P/E: 46.8×; forward P/E: 37.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.50%, paying out 24% of earnings.

  • Ormat Technologies, Inc. employs 1,648 people — $721K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 23 Sept 2026

Data provided by Twelve Data

Peers

ORA vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelUtilities - Renewable
CompanyMarket capTKN rank
ORAOrmat Technologies, Inc.$6.0B
34
CWENClearway Energy, Inc.$6.2B
33
MWHSOLV Energy, Inc.$5.3B
2
BEPCBrookfield Renewable Corp.$5.2B
9
FRVOFervo Energy Co.$4.8B
0
ENLTEnlight Renewable Energy Ltd.$10.0B
17
RNWReNew Energy Global Plc$2.5B
42

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Ormat Technologies, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest ORA news & analysis

Ormat Selected for Approximately $35 Million in U.S. Department of Energy Funding to Advance EGS and Hydrothermal Development

GlobeNewsWire · 24 Sept 2026positive

Ormat Technologies was selected for approximately $35 million in U.S. Department of Energy funding to advance enhanced geothermal systems and hydrothermal development. The funding will support development activities at Ormat's Dixie Valley, Nevada and Cove Fort, Utah geothermal projects.

Why it matters — The DOE funding provides financial support that could advance Ormat's geothermal development projects at Dixie Valley and Cove Fort, potentially strengthening its position in the enhanced geothermal systems market.

Sage Geosystems Selects Ormat's Blue Mountain Power Plant for Next Commercial-Scale EGS Facility

Business Wire · 22 Sept 2026positive

Sage Geosystems announced it has selected Ormat Technologies' Blue Mountain geothermal power plant in Winnemucca, Nevada, as the site for its next commercial-scale Enhanced Geothermal Systems facility, called Project Vector. The two-well system will use Sage's EGS technology to supply geothermal heat to Ormat's plant, where it will be converted into electricity.

Why it matters — For Ormat watchers, this selection positions the Blue Mountain plant as a host for a commercial-scale EGS project, potentially adding a new source of geothermal heat and output at an existing Ormat facility.

Ormat's Existing Assets Can Drive The Next Leg Of Growth

Seeking Alpha · 14 Sept 2026positive

Seeking Alpha published an analysis arguing that Ormat Technologies can achieve its next leg of growth through contract repricing and its existing geothermal developments, rather than waiting for new technology to scale. The piece highlights Ormat's integrated model of plant ownership, equipment manufacturing, and operational expertise as a source of recurring earnings growth and design insights.

Why it matters — ORA watchers would care because the analysis points to contract repricing and the company's existing asset base as near-term earnings drivers before newer geothermal technology scales.

NGG or ORA: Which Is the Better Value Stock Right Now?

Zacks Investment Research · 10 Sept 2026neutral

Zacks Investment Research published a piece comparing National Grid (NGG) and Ormat Technologies (ORA) within the Alternative Energy - Other sector, evaluating which of the two may offer better value. The article frames both as potential candidates for investors seeking undervalued stocks.

Why it matters — A Zacks comparison article places ORA alongside a major sector peer and highlights it as a potential value consideration for investors tracking alternative-energy companies.

Ormat Technologies, Inc. (ORA) Analyst/Investor Day Transcript

Seeking Alpha · 9 Sept 2026neutral

Ormat Technologies held an Analyst/Investor Day, and Seeking Alpha published a transcript of the event. The transcript covers the company's presentations and discussions with analysts and investors during the session.

Why it matters — ORA watchers would care because the transcript provides direct insight into management's commentary and strategy shared at the investor event.

FAQ

Frequently asked questions about ORA stock

What is the ORA stock price forecast for 2026-2027?

The 13 Wall Street analysts covering Ormat Technologies, Inc. have a median 12-month price target of $131, with estimates ranging from $112 to $157. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ORA stock a buy right now?

Of the 13 analysts covering Ormat Technologies, Inc., 8 rate it a Buy, 5 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Ormat Technologies, Inc. 34 out of 100 across roughly 4,600 US stocks as at 23 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ORA?

As at 23 Sept 2026, Ormat Technologies, Inc. ranks 34 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (86 of 100).

Will ORA stock go up?

No one can know that. What the data says: the median 12-month target from 13 analysts implies +41.0% from the last close, and Ticker Nerd's factor model ranks Ormat Technologies, Inc. 34 out of 100 as at 23 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the ORA stock forecast for 2030?

No analyst covering Ormat Technologies, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ORA are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $112 to $157 over the next 12 months.

How has ORA stock performed over the past year?

Ormat Technologies, Inc. returned +0.1% over the 12 months to 24 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Ormat Technologies, Inc. do?

Ormat Technologies, Inc. is a renewable energy and power infrastructure company focused on geothermal and recovered energy solutions.

What is the latest news on ORA?

The most recent item we track (GlobeNewsWire, 24 Sept 2026): "Ormat Selected for Approximately $35 Million in U.S. Department of Energy Funding to Advance EGS and Hydrothermal Development". Ormat Technologies was selected for approximately $35 million in U.S. Department of Energy funding to advance enhanced geothermal systems and hydrothermal development. The funding will support development activities at Ormat's Dixie Valley, Nevada and Cove Fort, Utah geothermal projects.

Company

About Ormat Technologies, Inc.

Ormat Technologies, Inc. is a renewable energy and power infrastructure company focused on geothermal and recovered energy solutions. The company develops, builds, owns, and operates geothermal, solar photovoltaic, and waste-heat-based power plants, while also producing equipment and engineering services for geothermal and recovered energy projects. Its business is organized into three segments: Electricity, Product, and Energy Storage, giving it a vertically integrated role across generation, equipment supply, and battery storage services. Ormat Technologies serves utility customers, industrial operators, and energy developers across the United States and selected international markets. Headquartered in Reno, Nevada, and founded in 1965, Ormat Technologies is recognized for its specialized position in renewable baseload power and energy storage within the broader utilities sector.

1,648 employees · United States · https://www.ormat.com