
Ormat Technologies (ORA) Stock Forecast & Price Target
Ormat Technologies (ORA) Analyst Ratings
Bulls say
Ormat Technologies Inc. has demonstrated impressive performance with a reported Q3 revenue of $250 million, surpassing consensus estimates driven by robust results in both the Product and Energy Storage segments. Notably, the company's Product segment backlog saw significant growth, increasing by 12% quarter-over-quarter and 79% year-over-year to $295 million, which bodes well for future revenue continuity and momentum. Additionally, Ormat's management has raised their 2025 revenue guidance to a range of $960–980 million, reinforcing a positive outlook on the company’s trajectory in the geothermal and recovered energy sectors.
Bears say
Ormat Technologies Inc. is expected to face a decline in year-over-year performance due to ongoing upgrades at the Stillwater project and some remaining curtailment impacts, contributing to lower-than-expected electricity revenue of $167 million, which fell short of consensus estimates. The company's gross margin of 25.6% also disappointed, as it was below expectations, driven by a diminished mix of high-margin electricity sales and a projected decline in electricity gross margins for Q4 2025, forecasted to be between 31.8% and 32.8%. Furthermore, despite a notable increase in product backlog, the anticipated adjusted EBITDA for Q4 has been lowered, reflecting challenges ahead for the company's profitability in the electrical segment.
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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