Ormat Technologies Inc (ORA)

Sep 24, 2026

Bank of America Corp DE acquired a new stake of 248,969 shares in Ormat Technologies, Inc. (NYSE:ORA) during the second quarter, valued at approximately $27.1 million and representing a 0.40% ownership. Ormat Technologies reported strong quarterly earnings, beating analyst expectations with $0.50 per share and a 10.6% year-over-year revenue increase. The company also announced a quarterly dividend of $0.12 per share, and analysts maintain a "Moderate Buy" rating with an average price target of $130.75.

Sep 22, 2026

Sage Geosystems has chosen Ormat's Blue Mountain geothermal power plant in Nevada for its Project Vector, a commercial-scale Enhanced Geothermal Systems (EGS) facility. This collaboration will see the drilling of two wells by Q4 2026, with electricity generation starting in 2027 and full production by 2028. The project leverages Sage's proven EGS technology and builds on a strategic relationship with Ormat, aiming to demonstrate scalable, firm geothermal power.

Sep 22, 2026

Ormat Technologies (ORA) shows mixed performance, with a recent 11% dip over the past month but a 5% gain over the last year. While analysts suggest it's 29% undervalued with a fair value of $135.45, its P/E ratio of 46.9x is significantly higher than the peer average of 29.2x, implying that much of the positive outlook might already be factored into the stock price. Investors are advised to examine underlying metrics and potential risks, such as reliance on sustained capital spending and U.S. policy support for geothermal energy.

Sep 19, 2026

Ormat Technologies Inc. (ORA) reported its Q4 2022 earnings, missing the consensus EPS estimate but beating revenue expectations. The company's actual EPS was 96.39 against a consensus of 140.97, while revenue reached 61.90 billion, surpassing the expected 60.04 billion. The report also includes details on the earnings announcement, a link to the earnings call audio, and historical earnings data.

Sep 14, 2026

Tidal Investments LLC reduced its stake in Ormat Technologies, Inc. by 37.3% in the second quarter of 2026, selling 24,124 shares and retaining 40,573 shares valued at $4.4 million. Despite this, other major institutional investors like Deutsche Bank and BlackRock initiated significant positions in the company. Ormat Technologies exceeded quarterly earnings and revenue expectations, and analysts maintain a "Moderate Buy" consensus with a price target of $130.75, alongside a regular quarterly dividend payment.

Sep 14, 2026

The California State Teachers Retirement System (CalSTRS) significantly increased its stake in Ormat Technologies (NYSE:ORA) by 10,926.5% in Q2, acquiring an additional 7.61 million shares, bringing its total holding to 7.68 million shares valued at $836.45 million, representing 12.49% of the company. This comes as Ormat Technologies reported strong Q2 earnings, surpassing analyst expectations with an EPS of $0.50 and revenue of $258.76 million, alongside declaring a $0.12 per share quarterly dividend. Analyst sentiment remains largely positive with a "Moderate Buy" consensus and an average price target of $130.75.

Sep 12, 2026

Amundi significantly reduced its stake in Ormat Technologies (NYSE:ORA) by 38% in the second quarter, selling 174,015 shares. Despite this, other major institutional investors like BlackRock and California State Teachers Retirement System increased their holdings. Ormat reported strong Q2 earnings, beating estimates with $0.50 EPS and a 10.6% revenue increase, and analysts maintain a "Moderate Buy" rating with a target price of $130.75.