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Ormat Technologies Inc

Ormat Technologies Inc

ORA
$94.89USD↓-1.82%-1.76 today

MARKET CAP

5.8B

P/E (TTM)

45.8x

FWD P/E

—

DAY RANGE

$93 – $97

52W RANGE

$91
$146

AI Summary

Stalk
Sell NowHigh

ORA has decisively broken below its multi-touch support on heavy volume and is trading below all major EMAs, confirming sustained bearish momentum. The active Support Failure pattern signals continued downside as buyers fail to absorb supply. With Stage 3 declining conditions, medium-term bias remains bearish and short-term execution favors selling immediately. Primary risk is an oversold bounce into the broken support or EMAs, which could stall the downtrend.

  • ↑Q2 revenue +10.6% YoY to $258.8 M; raised FY revenue guidance to $1.15–1.20 B
  • ↑Energy storage segment revenue +195.1% YoY to $42.8 M, highlighting rapid expansion
  • ↓Current P/E of 54× exceeds 5-year median; earnings yield negative, suggesting overvaluation
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Ormat Technologies, Inc. (NYSE: ORA) is a leading player in the renewable energy sector, specializing in geothermal and energy storage solutions. The company operates three main segments: electricity generation, product development, and energy storage, which collectively positions it to capitalize on the growing demand for sustainable energy technologies. The recent expansion in energy storage operations and strong performance in its electricity segment, particularly after the acquisition of Blue Mountain, signify Ormat's robust market presence and commitment to driving customer value through innovative energy solutions.

Bull says

  • ↑Q2 revenue +10.6% YoY to $258.8 M; raised FY revenue guidance to $1.15–1.20 B
  • ↑Energy storage segment revenue +195.1% YoY to $42.8 M, highlighting rapid expansion
  • ↑Adjusted EBITDA +6.9% to $143.9 M with gross profit +20.8%, showcasing operational efficiency
  • ↑Cash balance ~$658 M vs. $3.4 B debt provides strong financial flexibility
  • ↑High analyst revisions score and momentum factors indicate positive earnings outlook

Bear says

  • ↓Current P/E of 54× exceeds 5-year median; earnings yield negative, suggesting overvaluation
  • ↓Profitability under pressure as planned maintenance and write-offs trimmed margins
  • ↓High short interest and low institutional ownership reflect investor skepticism
  • ↓Caribbean project delays cut ~$5 M of electricity segment revenue in Q2
  • ↓Normalization of storage pricing may constrain future segment growth

Investment themes with ORA

Clean Energy↓ -0.76%

Renewable energy sources and technologies

NXT · ORA · RNW
International Value↑ +0.55%

Value-oriented stocks outside domestic markets

MRK · SHEL · SAP

Earnings Call · Q1 2024 · Mgmt. Guidance

Updated 07-11-2025bullish

Transcript signals

Bull points

  • During the first quarter, Ormat delivered strong financial results driven by improved operating performance and continued growth across all 3 segments.
  • This quarter, the company saw a 21% increase in total revenues, a 25.5% rise in earnings per diluted share and 14.4% increase in adjusted EBITDA when compared to the first quarter of last year.
  • The first quarter results were fueled by organic growth that includes the successful execution of our strategic plan and enhance operational efficiency at existing facilities, which together contributed more than 50% of the increase in revenues and in EBITDA.

Bear points

  • $550 million to $570 million
  • PPA prices are almost at the level that they were before the IRA came in.
Read full transcript analysis ›