$70.83
0.40.57%
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$70.83
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Ormat Technologies
ORANYSE
Ormat Technologies (NYSE:ORA) Stock, Analyst Ratings, Price Targets, Forecasts
Ormat Technologies Inc has a consensus price target of $82.67 based on the ratings of 28 analysis. The 3 most-recent analyst ratings were released by Oppenheimer, UBS, and Barclays on June 21, 2024, May 14, 2024, and May 13, 2024, respectively. With an average price target of $86 between Oppenheimer, UBS, and Barclays, there's an implied 21.42% upside for Ormat Technologies Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Oppenheimer
UBS
Barclays
TD Cowen
JP Morgan
1calculated from analyst ratings
Analyst Ratings for Ormat Technologies
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 06/21/2024 | Buy Now | 20.01% | Oppenheimer | Noah Kaye | $83 → $85 | Maintains | Outperform | Get Alert |
| 05/14/2024 | Buy Now | 41.18% | UBS | Jon Windham | $95 → $100 | Maintains | Buy | Get Alert |
| 05/13/2024 | Buy Now | 3.06% | Barclays | Derek Podhaizer | $75 → $73 | Maintains | Equal-Weight | Get Alert |
| 05/10/2024 | Buy Now | 7.3% | TD Cowen | Jeffrey Osborne | $70 → $76 | Maintains | Hold | Get Alert |
| 02/05/2024 | Buy Now | 5.89% | Barclays | Derek Podhaizer | $82 → $75 | Maintains | Equal-Weight | Get Alert |
| 01/19/2024 | Buy Now | 17.18% | Oppenheimer | Noah Kaye | $84 → $83 | Maintains | Outperform | Get Alert |
| 10/19/2023 | Buy Now | 11.53% | JP Morgan | Mark Strouse | $89 → $79 | Maintains | Neutral | Get Alert |
| 10/12/2023 | Buy Now | 18.59% | Oppenheimer | Noah Kaye | $96 → $84 | Maintains | Outperform | Get Alert |
| 08/07/2023 | Buy Now | 29.89% | Roth MKM | Justin Clare | → $92 | Upgrade | Neutral → Buy | Get Alert |
| 06/27/2023 | Buy Now | 35.54% | Oppenheimer | Noah Kaye | → $96 | Reiterates | Outperform → Outperform | Get Alert |
| 06/16/2023 | Buy Now | 24.24% | Citigroup | Ryan Levine | → $88 | Reiterates | Neutral → Neutral | Get Alert |
| 05/22/2023 | Buy Now | 25.65% | Barclays | Derek Podhaizer | → $89 | Initiates | → Equal-Weight | Get Alert |
| 05/11/2023 | Buy Now | 35.54% | Oppenheimer | Noah Kaye | → $96 | Reiterates | Outperform → Outperform | Get Alert |
| 05/11/2023 | Buy Now | 29.89% | Roth MKM | Justin Clare | $93 → $92 | Maintains | Neutral | Get Alert |
| 03/27/2023 | Buy Now | 24.24% | Citigroup | Ryan Levine | $91 → $88 | Maintains | Neutral | Get Alert |
| 03/01/2023 | Buy Now | 48.24% | UBS | Jon Windham | → $105 | Upgrade | Neutral → Buy | Get Alert |
| 02/27/2023 | Buy Now | 31.3% | Roth MKM | Justin Clare | $104 → $93 | Maintains | Neutral | Get Alert |
| 02/24/2023 | Buy Now | 35.54% | Oppenheimer | Noah Kaye | $106 → $96 | Maintains | Outperform | Get Alert |
| 10/21/2022 | Buy Now | 28.48% | Citigroup | Ryan Levine | → $91 | Initiates | → Neutral | Get Alert |
| 10/20/2022 | Buy Now | 24.24% | JP Morgan | Mark Strouse | $97 → $88 | Maintains | Neutral | Get Alert |
| 08/08/2022 | Buy Now | 36.95% | JP Morgan | Mark Strouse | $90 → $97 | Maintains | Neutral | Get Alert |
| 08/08/2022 | Buy Now | 36.95% | Oppenheimer | Noah Kaye | $85 → $97 | Maintains | Outperform | Get Alert |
| 07/20/2022 | Buy Now | 12.95% | JP Morgan | Mark Strouse | $77 → $80 | Maintains | Neutral | Get Alert |
| 02/25/2022 | Buy Now | 20.01% | Oppenheimer | Noah Kaye | $86 → $85 | Maintains | Outperform | Get Alert |
| 01/26/2022 | Buy Now | 5.89% | B of A Securities | Julien Dumoulin-Smith | $94 → $75 | Downgrade | Buy → Neutral | Get Alert |
| 07/21/2021 | Buy Now | 25.65% | JP Morgan | Mark Strouse | — | Maintains | Overweight | Get Alert |
| 07/16/2021 | Buy Now | 7.3% | Roth Capital | Gerry Sweeney | — | Maintains | Neutral | Get Alert |
| 07/15/2021 | Buy Now | 7.3% | Roth Capital | Gerry Sweeney | — | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Ormat Technologies (ORA) stock?
The latest price target for Ormat Technologies (NYSE:ORA) was reported by Oppenheimer on June 21, 2024. The analyst firm set a price target for $85.00 expecting ORA to rise to within 12 months (a possible 20.01% upside). 9 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Ormat Technologies (ORA)?
The latest analyst rating for Ormat Technologies (NYSE:ORA) was provided by Oppenheimer, and Ormat Technologies maintained their outperform rating.
When was the last upgrade for Ormat Technologies (ORA)?
The last upgrade for Ormat Technologies Inc happened on August 7, 2023 when Roth MKM raised their price target to $92. Roth MKM previously had a neutral for Ormat Technologies Inc.
When was the last downgrade for Ormat Technologies (ORA)?
The last downgrade for Ormat Technologies Inc happened on January 26, 2022 when B of A Securities changed their price target from $94 to $75 for Ormat Technologies Inc.
When is the next analyst rating going to be posted or updated for Ormat Technologies (ORA)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ormat Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ormat Technologies was filed on June 21, 2024 so you should expect the next rating to be made available sometime around June 21, 2025.
Is the Analyst Rating Ormat Technologies (ORA) correct?
While ratings are subjective and will change, the latest Ormat Technologies (ORA) rating was a maintained with a price target of $83.00 to $85.00. The current price Ormat Technologies (ORA) is trading at is $70.83, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.