Ormat Technologies Inc has a consensus price target of $81.63 based on the ratings of 8 analysts. The high is $100 issued by UBS on May 14, 2024. The low is $73 issued by Barclays on May 13, 2024. The 3 most-recent analyst ratings were released by Roth MKM, Oppenheimer, and JP Morgan on August 12, 2024, August 8, 2024, and July 16, 2024, respectively. With an average price target of $80.33 between Roth MKM, Oppenheimer, and JP Morgan, there's an implied 6.36% upside for Ormat Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ormat Technologies (NYSE:ORA) was reported by Roth MKM on August 12, 2024. The analyst firm set a price target for $80.00 expecting ORA to rise to within 12 months (a possible 5.92% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Ormat Technologies (NYSE:ORA) was provided by Roth MKM, and Ormat Technologies maintained their buy rating.
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.
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.
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 August 12, 2024 so you should expect the next rating to be made available sometime around August 12, 2025.
While ratings are subjective and will change, the latest Ormat Technologies (ORA) rating was a maintained with a price target of $80.00 to $80.00. The current price Ormat Technologies (ORA) is trading at is $75.53, which is out of the analyst’s predicted range.
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