Ormat Technologies Inc ORA

What the company does

Ormat Technologies Inc is a mid-cap company in the Utilities sector (Utilities - Renewable), with a market value of $5.4B, based in the USA.

It employs about 1,648 people and has been listed since Nov 11, 2004.

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indonesia, the Philippines, and internationally. It operates through three segments: Electricity, Product, and Energy Storage.

Cheap or expensive? relatively expensive

Its price-to-earnings (P/E) is 43.2 versus 22.1 for the median of the Utilities sector in our universe (9 companies) — relatively expensive.

Revenue is growing 11% versus the same quarter last year.

On analysts' next-year forecasts the multiple drops to 35.8 — they expect higher earnings.

The average analyst price target is 123.58, 40% above the current price (their view, not ours).

The stock sits at 4% of its one-year range (0% = the low, 100% = the high).

The risks

• • More cash leaves than comes in (negative free cash flow).
• • Net debt is 1.1× shareholders' equity — high leverage.
• • 11% of the float is sold short — part of the market is betting on a decline.
• • The stock is 40% below its one-year high.
• • Quarterly report in 12 days (2026-11-04) — a day the stock can move a lot.

Strengths

• ✅ Profitable — 10 of every 100 dollars of revenue stays as profit.
• ✅ Most analysts rate it buy (7 vs 0).
• ✅ Pays a dividend (0.5% a year).

What changed this week

Over the past week the stock fell 1.6% (for comparison: S&P 500 -1.0%, sector ETF XLU +2.9%).

It set a new one-year low this week.

This week's news

• Clearway Energy And 2 More Clean Energy Stocks To Watch finance.yahoo.com · 2026-10-22
  What the article says

  Oil prices recently moved above $111 a barrel after fresh attacks on Saudi energy facilities, putting traditional fuel security back in the spotlight and reminding investors how exposed the global economy is to supply shocks. That kind of stress can focus attention on companies powering the transition through solar,… source ↗

• Orange (ENXTPA:ORA) Stock May Still Look Cheap Given Its Earnings finance.yahoo.com · 2026-10-18
  What the article says

  Orange has delivered a powerful 5 year run, and the stock's recent climb now raises a simple question for investors who care about earnings. Has the share price moved in line with what the business is actually making, or has the market pulled ahead of the underlying profit story? Orange has returned 106.4% over 5… source ↗

• Orora (ASX:ORA) Shares May Be Trading At A Premium On A 43% Five Year Fall finance.yahoo.com · 2026-10-16
  What the article says

  Orora has seen its share price under pressure in recent years, which puts fresh focus on what investors are really paying for each dollar of the group's sales today. With sentiment shaped by deal scrutiny and uneven division outcomes, the question now is how well the current market value lines up with the company's… source ↗

What changed since last week

• New risk flag: earnings report coming up.