Ormat Technologies (ORA)

• Market cap: $5.6B
• 1 day: 1.64%
• 5 days: 1.83%
• 1 month: 0.57%
• 3 months: 15.5%
• 6 months: 27.29%
• Year to date: 33.86%
• 1 year: 22.46%
• 5 years: 66.92%
• 10 years: 155.85%
• Sector: Utilities
• Industry: Renewable Electricity

About: Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It is engaged in three business segments: Electricity Segment. where the company develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries and sell the electricity generated. Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.

Employees: 1,512

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

401% more call options, than puts

Call options by funds: $207M | Put options by funds: $41.2M

21% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 105

20% more capital invested

Capital invested by funds: $3.71B [Q1] → $4.44B (+$736M) [Q2]

1.26% more ownership

Funds ownership: 86.64% [Q1] → 87.9% (+1.26%) [Q2]

5% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 42

2% less funds holding

Funds holding: 326 [Q1] → 319 (-7) [Q2]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q1] → 4 (-1) [Q2]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $85
• Avg. target: $97
• High target: $105

6 analyst ratings

• positive: 5 83%
• neutral: 1 17%
• negative: 0 0%

Piper Sandler Derek Podhaizer	$102	Overweight Upgraded	17 Sep 2025
Barclays David Anderson	$89	Overweight Maintained	8 Aug 2025
Roth Capital Justin Clare	$98	Buy Reiterated	5 Aug 2025
Baird Ben Kallo	$103	Outperform Upgraded	30 Jul 2025
UBS Jon Windham	$105	Buy Maintained	24 Jul 2025