
Ormat Technologies (ORA) Stock Forecast & Price Target
Ormat Technologies (ORA) Analyst Ratings
Bulls say
Ormat Technologies Inc. has demonstrated a strong financial performance, particularly in its Product and Energy Storage segments, which contributed to a noteworthy Q3 revenue of $250 million, surpassing consensus estimates. The robust backlog in the Product segment, which grew 12% quarter-over-quarter and 79% year-over-year to $295 million, signals strong demand and potential revenue growth moving forward. Additionally, management's upward revision of 2025 revenue guidance to a range of $960–980 million, alongside an increased 2027 revenue forecast to $1,243 million, reflects a positive outlook for the company's financial trajectory.
Bears say
Ormat Technologies Inc. is facing a negative outlook primarily due to disappointing year-over-year electricity revenue, which amounted to $167 million and fell short of both consensus estimates and internal forecasts. The company reported a gross margin of 25.6%, significantly below the expected 27.0% and indicative of lower high-margin electricity sales, compounded by an anticipated decline in fourth-quarter margins compared to previous projections. Furthermore, while product and storage revenues exceeded expectations, the overall outlook for gross margins is troubling, with expectations indicating a drop in electricity gross margins by approximately 200-300 basis points in 2025, signaling potential challenges in maintaining profitability.
This aggregate rating is based on analysts' research of Ormat Technologies and is not a guaranteed prediction by Public.com or investment advice.
Ormat Technologies (ORA) Analyst Forecast & Price Prediction
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