$63.78
0[0.00%]
At close: Apr 25
$63.78
0[0.00%]
PreMarket: 4:20PM EDT
Ormat Technologies
(NYSE:ORA)Ormat Technologies Stock (NYSE:ORA), Analyst Ratings, Price Targets, Predictions
Ormat Technologies Inc has a consensus price target of $84.13, established from looking at the 24 latest analyst ratings. The last 3 analyst ratings were released from Barclays, Oppenheimer, and JP Morgan on February 5, 2024, January 19, 2024, and October 19, 2023. With an average price target of $79 between Barclays, Oppenheimer, and JP Morgan, there's an implied 23.86% upside for Ormat Technologies Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Barclays
Oppenheimer
JP Morgan
Roth MKM
Citigroup
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Ormat Technologies
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 02/05/2024 | ORA | Buy Now | Ormat Technologies | $63.78 | 17.59% | Barclays | Derek Podhaizer | $82 → $75 | Maintains | Equal-Weight | Get Alert |
| 01/19/2024 | ORA | Buy Now | Ormat Technologies | $63.78 | 30.13% | Oppenheimer | Noah Kaye | $84 → $83 | Maintains | Outperform | Get Alert |
| 10/19/2023 | ORA | Buy Now | Ormat Technologies | $63.78 | 23.86% | JP Morgan | Mark Strouse | $89 → $79 | Maintains | Neutral | Get Alert |
| 10/12/2023 | ORA | Buy Now | Ormat Technologies | $63.78 | 31.7% | Oppenheimer | Noah Kaye | $96 → $84 | Maintains | Outperform | Get Alert |
| 08/07/2023 | ORA | Buy Now | Ormat Technologies | $63.78 | 44.25% | Roth MKM | Justin Clare | → $92 | Upgrade | Neutral → Buy | Get Alert |
| 06/27/2023 | ORA | Buy Now | Ormat Technologies | $63.78 | 50.52% | Oppenheimer | Noah Kaye | → $96 | Reiterates | Outperform → Outperform | Get Alert |
| 06/16/2023 | ORA | Buy Now | Ormat Technologies | $63.78 | 37.97% | Citigroup | Ryan Levine | → $88 | Reiterates | Neutral → Neutral | Get Alert |
| 05/22/2023 | ORA | Buy Now | Ormat Technologies | $63.78 | 39.54% | Barclays | Derek Podhaizer | → $89 | Initiates | → Equal-Weight | Get Alert |
| 05/11/2023 | ORA | Buy Now | Ormat Technologies | $63.78 | 50.52% | Oppenheimer | Noah Kaye | → $96 | Reiterates | Outperform → Outperform | Get Alert |
| 05/11/2023 | ORA | Buy Now | Ormat Technologies | $63.78 | 44.25% | Roth MKM | Justin Clare | $93 → $92 | Maintains | Neutral | Get Alert |
| 03/27/2023 | ORA | Buy Now | Ormat Technologies | $63.78 | 37.97% | Citigroup | Ryan Levine | $91 → $88 | Maintains | Neutral | Get Alert |
| 03/01/2023 | ORA | Buy Now | Ormat Technologies | $63.78 | 64.63% | UBS | Jon Windham | → $105 | Upgrade | Neutral → Buy | Get Alert |
| 02/27/2023 | ORA | Buy Now | Ormat Technologies | $63.78 | 45.81% | Roth MKM | Justin Clare | $104 → $93 | Maintains | Neutral | Get Alert |
| 02/24/2023 | ORA | Buy Now | Ormat Technologies | $63.78 | 50.52% | Oppenheimer | Noah Kaye | $106 → $96 | Maintains | Outperform | Get Alert |
| 10/21/2022 | ORA | Buy Now | Ormat Technologies | $63.78 | 42.68% | Citigroup | Ryan Levine | → $91 | Initiates | → Neutral | Get Alert |
| 10/20/2022 | ORA | Buy Now | Ormat Technologies | $63.78 | 37.97% | JP Morgan | Mark Strouse | $97 → $88 | Maintains | Neutral | Get Alert |
| 08/08/2022 | ORA | Buy Now | Ormat Technologies | $63.78 | 52.09% | JP Morgan | Mark Strouse | $90 → $97 | Maintains | Neutral | Get Alert |
| 08/08/2022 | ORA | Buy Now | Ormat Technologies | $63.78 | 52.09% | Oppenheimer | Noah Kaye | $85 → $97 | Maintains | Outperform | Get Alert |
| 07/20/2022 | ORA | Buy Now | Ormat Technologies | $63.78 | 25.43% | JP Morgan | Mark Strouse | $77 → $80 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Ormat Technologies (ORA)?
The latest price target for Ormat Technologies (NYSE: ORA) was reported by Barclays on February 5, 2024. The analyst firm set a price target for $75.00 expecting ORA to rise to within 12 months (a possible 17.59% upside). 10 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 Barclays, and Ormat Technologies maintained their equal-weight 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 February 5, 2024 so you should expect the next rating to be made available sometime around February 5, 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 $82.00 to $75.00. The current price Ormat Technologies (ORA) is trading at is $63.78, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.