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NYSE: ORA
Ormat Technologies Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ORA

Based on 4 analysts offering 12 month price targets for Ormat Technologies Inc.
Min Forecast
$79.00+11.77%
Avg Forecast
$85.75+21.32%
Max Forecast
$92.00+30.16%

Should I buy or sell ORA stock?

Based on 4 analysts offering ratings for Ormat Technologies Inc.
Buy
Strong Buy
1 analysts 25%
Buy
1 analysts 25%
Hold
2 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their ORA stock forecasts and price targets.

ORA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-10-19
lockedlocked$00.00+00.00%2023-10-12
lockedlocked$00.00+00.00%2023-08-07
lockedlocked$00.00+00.00%2023-06-16

1 of 1

Forecast return on equity

Is ORA forecast to generate an efficient return?
Company
N/A
Industry
11.95%
Market
39.07%

Forecast return on assets

Is ORA forecast to generate an efficient return on assets?
Company
N/A
Industry
2.91%

ORA revenue forecast

What is ORA's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$827.2M+4.23%
Avg 2 year Forecast
$919.3M+15.85%
Avg 3 year Forecast
$1.0B+30.17%
ORA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ORA earnings growth forecast

How is ORA forecast to perform vs Utilities - Renewable companies and vs the US market?
Company
12.9%
Industry
12.85%
Market
21.57%
ORA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ORA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ORA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ORA revenue growth forecast

How is ORA forecast to perform vs Utilities - Renewable companies and vs the US market?
Company
8.02%
Industry
2.23%
Market
6.63%
ORA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ORA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ORA vs Renewable Energy Stocks

TickerPricePrice TargetUp/downsideConsensus
ORA$70.68$85.75+21.32%Buy
AQN$6.07$8.25+35.91%Hold
FLNC$21.93$31.69+44.51%Buy
CWEN$24.88$28.67+15.22%Buy
AY$19.97$23.80+19.18%Hold
View Top Renewable Energy Stocks

Ormat Technologies Stock Forecast FAQ

Is Ormat Technologies Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: ORA) stock is to Buy ORA stock.

Out of 4 analysts, 1 (25%) are recommending ORA as a Strong Buy, 1 (25%) are recommending ORA as a Buy, 2 (50%) are recommending ORA as a Hold, 0 (0%) are recommending ORA as a Sell, and 0 (0%) are recommending ORA as a Strong Sell.

If you're new to stock investing, here's how to buy Ormat Technologies stock.

What is ORA's revenue growth forecast for 2023-2025?

(NYSE: ORA) Ormat Technologies's forecast annual revenue growth rate of 8.02% is forecast to beat the US Utilities - Renewable industry's average forecast revenue growth rate of 2.23%, and it is also forecast to beat the US market's average forecast revenue growth rate of 6.63%.

Ormat Technologies's revenue in 2023 is $793,570,000.On average, 3 Wall Street analysts forecast ORA's revenue for 2023 to be $49,922,482,467, with the lowest ORA revenue forecast at $49,711,846,721, and the highest ORA revenue forecast at $50,100,527,009. On average, 3 Wall Street analysts forecast ORA's revenue for 2024 to be $55,485,076,789, with the lowest ORA revenue forecast at $54,475,594,413, and the highest ORA revenue forecast at $56,604,886,426.

In 2025, ORA is forecast to generate $62,343,956,084 in revenue, with the lowest revenue forecast at $61,129,028,413 and the highest revenue forecast at $63,558,883,754.

What is ORA's forecast return on assets (ROA) for 2023-2025?

(NYSE: ORA) forecast ROA is N/A, which is lower than the forecast US Utilities - Renewable industry average of 2.91%.

What is ORA's Price Target?

According to 4 Wall Street analysts that have issued a 1 year ORA price target, the average ORA price target is $85.75, with the highest ORA stock price forecast at $92.00 and the lowest ORA stock price forecast at $79.00.

On average, Wall Street analysts predict that Ormat Technologies's share price could reach $85.75 by Oct 19, 2024. The average Ormat Technologies stock price prediction forecasts a potential upside of 21.32% from the current ORA share price of $70.68.

What is ORA's forecast return on equity (ROE) for 2023-2025?

(NYSE: ORA) forecast ROE is N/A, which is considered weak.
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