TD Cowen Has Lowered Expectations for Ormat Technologies (NYSE:ORA) Stock Price

Ormat Technologies (NYSE:ORA) had its target price decreased by TD Cowen from $131.00 to $125.00 in a research note issued on Friday, Marketbeat reports. The firm presently has a “buy” rating on the energy company’s stock. TD Cowen’s price target indicates a potential upside of 17.55% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Robert W. Baird cut their target price on shares of Ormat Technologies from $143.00 to $130.00 and set an “outperform” rating for the company in a research report on Friday. Roth Mkm set a $139.00 target price on Ormat Technologies in a report on Wednesday, January 28th. JPMorgan Chase & Co. boosted their price target on Ormat Technologies from $99.00 to $111.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Jefferies Financial Group downgraded Ormat Technologies from a “buy” rating to a “hold” rating and raised their price objective for the stock from $125.00 to $130.00 in a research note on Friday, February 13th. Finally, UBS Group reiterated a “buy” rating and set a $148.00 price objective on shares of Ormat Technologies in a research note on Wednesday, February 4th. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Ormat Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $128.00.

Ormat Technologies Stock Performance

ORA stock opened at $106.34 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.77 and a quick ratio of 0.70. Ormat Technologies has a 1 year low of $64.39 and a 1 year high of $132.58. The company has a market cap of $6.46 billion, a P/E ratio of 52.91, a price-to-earnings-growth ratio of 4.74 and a beta of 0.77. The stock’s fifty day moving average price is $118.61 and its 200-day moving average price is $107.98.

Ormat Technologies (NYSE:ORA) last posted its earnings results on Wednesday, February 25th. The energy company reported $0.67 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.67. The company had revenue of $276.04 million for the quarter, compared to the consensus estimate of $257.75 million. Ormat Technologies had a return on equity of 5.24% and a net margin of 12.52%.Ormat Technologies’s revenue was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.67 earnings per share. On average, equities analysts forecast that Ormat Technologies will post 1.94 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ORA. Aster Capital Management DIFC Ltd bought a new stake in shares of Ormat Technologies in the fourth quarter worth about $26,000. Los Angeles Capital Management LLC bought a new stake in Ormat Technologies in the 4th quarter worth approximately $32,000. Wolff Wiese Magana LLC purchased a new stake in shares of Ormat Technologies during the 4th quarter worth approximately $33,000. Smartleaf Asset Management LLC boosted its position in shares of Ormat Technologies by 245.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 297 shares of the energy company’s stock valued at $33,000 after acquiring an additional 211 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of Ormat Technologies by 43.8% in the third quarter. Jones Financial Companies Lllp now owns 371 shares of the energy company’s stock valued at $35,000 after purchasing an additional 113 shares in the last quarter. Institutional investors own 95.49% of the company’s stock.

Ormat Technologies News Summary

Here are the key news stories impacting Ormat Technologies this week:

• Positive Sentiment: Revenue beat & strong top-line growth — Q4 revenue rose 19.6% year-over-year to $276.0M and topped analysts’ sales estimates, showing underlying demand and pricing momentum. Ormat Technologies Q4 Earnings Meet Estimates, Revenues Beat
• Positive Sentiment: Upgraded 2026 revenue outlook & explicit growth target — management issued FY-2026 revenue guidance around $1.1B–$1.2B (Zacks cites up to $1.16B) and expects ~14.6% revenue growth, a clear near-term growth trajectory that supports multiple expansion. Ormat expects 14.6% revenue growth in 2026 while expanding PPA portfolio and EGS initiatives
• Positive Sentiment: Growth initiatives: PPA portfolio expansion and EGS work — management highlighted expanding long-term power purchase agreements and enhanced geothermal systems projects, which increase contracted revenues and longer-term optionality. Ormat expects 14.6% revenue growth in 2026 while expanding PPA portfolio and EGS initiatives
• Neutral Sentiment: EPS in line with expectations — reported EPS of $0.67 met consensus, limiting an earnings-driven re-rate despite the revenue beat. Ormat Technologies Inc (ORA) Q4 2025 Earnings Call Highlights
• Neutral Sentiment: Quarterly dividend declared — board approved $0.12/share (ex-div March 10), a modest yield (~0.4%) that provides income but is unlikely to materially change valuation. Ormat Technologies, Inc. (ORA) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Unclear/absent EPS guidance and remaining execution risks — public disclosures focused on revenue guidance while EPS guidance was unclear in the update, creating some uncertainty about profitability progress and margin leverage. Ormat Technologies Reports Fourth Quarter and Year-End 2025 Financial Results
• Negative Sentiment: Balance-sheet / liquidity considerations — Ormat’s current and quick ratios are below 1.0, which investors may watch as capex and project development scale up. This can constrain flexibility if growth requires incremental financing. Ormat Technologies: Q4 Earnings Snapshot

About Ormat Technologies

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.

Ormat’s offering includes turnkey power plant solutions, proprietary ORC equipment and ongoing operations and maintenance services.