Ormat Technologies (NYSE:ORA) Price Target Cut to $130.00 by Analysts at Robert W. Baird

Ormat Technologies (NYSE:ORA) had its price target reduced by Robert W. Baird from $143.00 to $130.00 in a report issued on Friday morning,Benzinga reports. They currently have an outperform rating on the energy company’s stock.

Other equities analysts have also recently issued research reports about the stock. Roth Mkm set a $139.00 target price on shares of Ormat Technologies in a research note on Wednesday, January 28th. Oppenheimer raised their price objective on shares of Ormat Technologies from $125.00 to $136.00 and gave the company an “outperform” rating in a research note on Tuesday, January 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Ormat Technologies in a report on Thursday, January 22nd. Barclays decreased their price target on Ormat Technologies from $118.00 to $108.00 and set an “overweight” rating for the company in a research note on Thursday, January 15th. Finally, TD Cowen raised Ormat Technologies from a “hold” rating to a “buy” rating in a research note on Friday, January 9th. Seven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $128.00.

Ormat Technologies Stock Performance

ORA traded down $2.79 during trading hours on Friday, hitting $103.68. The company’s stock had a trading volume of 1,154,476 shares, compared to its average volume of 728,127. The company has a 50-day simple moving average of $118.47 and a 200 day simple moving average of $108.09. The company has a current ratio of 0.77, a quick ratio of 0.70 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $6.30 billion, a PE ratio of 51.58, a PEG ratio of 4.31 and a beta of 0.77. Ormat Technologies has a fifty-two week low of $64.39 and a fifty-two week high of $132.58.

Ormat Technologies (NYSE:ORA) last announced its quarterly earnings results on Wednesday, February 25th. The energy company reported $0.67 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.67. Ormat Technologies had a return on equity of 5.24% and a net margin of 12.52%.The company had revenue of $276.04 million during the quarter, compared to analyst estimates of $257.75 million. During the same quarter in the previous year, the firm posted $0.67 EPS. The firm’s quarterly revenue was up 19.6% on a year-over-year basis. As a group, sell-side analysts expect that Ormat Technologies will post 1.94 EPS for the current year.

Ormat Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, March 10th. Ormat Technologies’s dividend payout ratio is 23.88%.

Institutional Investors Weigh In On Ormat Technologies

Institutional investors and hedge funds have recently modified their holdings of the stock. Compound Planning Inc. purchased a new stake in shares of Ormat Technologies during the fourth quarter valued at $650,000. Invesco Ltd. raised its holdings in Ormat Technologies by 3.4% during the 4th quarter. Invesco Ltd. now owns 388,496 shares of the energy company’s stock worth $42,917,000 after buying an additional 12,914 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in Ormat Technologies by 2.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 32,272 shares of the energy company’s stock valued at $3,565,000 after buying an additional 858 shares in the last quarter. Empowered Funds LLC acquired a new position in shares of Ormat Technologies in the fourth quarter worth about $207,000. Finally, Cinctive Capital Management LP purchased a new position in shares of Ormat Technologies in the fourth quarter worth approximately $324,000. 95.49% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Ormat Technologies

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

• Positive Sentiment: Q4 results: Revenue rose 19.6% to $276.0M and beat estimates; EPS met consensus. Management issued 2026 revenue guidance of up to $1.16B (about 14.6% growth), which supports topline momentum and longer‑term growth expectations. Zacks: ORA Q4 Earnings Meet Estimates
• Positive Sentiment: Company is expanding its PPA (power purchase agreement) portfolio and investing in EGS (enhanced geothermal systems), initiatives management flagged as drivers of mid‑term revenue growth. Seeking Alpha: Ormat expects 14.6% revenue growth
• Neutral Sentiment: Management released the earnings slide deck and call materials (presentation and transcript available), useful for investors assessing segment dynamics and project pipeline. Earnings Presentation Earnings Transcript
• Neutral Sentiment: Board declared a modest quarterly dividend of $0.12 per share (ex‑dividend March 10), which is income‑supportive but small relative to total return expectations.
• Negative Sentiment: Analysts trimmed price targets: Robert W. Baird cut its target from $143 to $130 (still Outperform) and TD Cowen trimmed its target from $131 to $125 (still Buy). Those reductions can sap near‑term upside and trigger selling. Benzinga: Baird PT Cut
• Negative Sentiment: Coverage and commentary on recent share‑price volatility and valuation have raised investor caution — ORA carries a high P/E and investors may be taking profits after the run, amplifying downward pressure. Yahoo Finance: Valuation After Volatility

Ormat Technologies Company Profile

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.