Robert W. Baird Issues Pessimistic Forecast for Ormat Technologies (NYSE:ORA) Stock Price

Ormat Technologies (NYSE:ORA) had its target price lowered by equities research analysts at Robert W. Baird from $143.00 to $130.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “outperform” rating on the energy company’s stock. Robert W. Baird’s price target would indicate a potential upside of 25.39% from the stock’s previous close.

Other research analysts have also issued research reports about the stock. Oppenheimer raised their price objective on shares of Ormat Technologies from $125.00 to $136.00 and gave the company an “outperform” rating in a research note on Tuesday, January 27th. Barclays reduced their target price on shares of Ormat Technologies from $118.00 to $108.00 and set an “overweight” rating on the stock in a report on Thursday, January 15th. Piper Sandler boosted their price target on shares of Ormat Technologies from $102.00 to $125.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Roth Mkm set a $139.00 price objective on Ormat Technologies in a research report on Wednesday, January 28th. Finally, JPMorgan Chase & Co. lifted their target price on Ormat Technologies from $99.00 to $111.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Ormat Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $128.00.

Ormat Technologies Trading Down 2.6%

ORA opened at $103.68 on Friday. Ormat Technologies has a 52 week low of $64.39 and a 52 week high of $132.58. The company has a quick ratio of 0.70, a current ratio of 0.77 and a debt-to-equity ratio of 0.79. The business has a fifty day simple moving average of $118.47 and a 200-day simple moving average of $108.22. The firm has a market cap of $6.30 billion, a P/E ratio of 51.58, a P/E/G ratio of 4.20 and a beta of 0.77.

Ormat Technologies (NYSE:ORA) last posted its earnings results on Wednesday, February 25th. The energy company reported $0.67 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.67. Ormat Technologies had a return on equity of 5.24% and a net margin of 12.52%.The firm had revenue of $276.04 million for the quarter, compared to analyst estimates of $257.75 million. During the same quarter in the prior year, the company earned $0.67 EPS. Ormat Technologies’s revenue was up 19.6% on a year-over-year basis. On average, equities analysts expect that Ormat Technologies will post 1.94 earnings per share for the current year.

Institutional Trading of Ormat Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of Ormat Technologies during the 4th quarter worth approximately $86,545,000. Migdal Insurance & Financial Holdings Ltd. raised its stake in Ormat Technologies by 155.8% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 886,526 shares of the energy company’s stock worth $97,935,000 after acquiring an additional 540,000 shares in the last quarter. Groupama Asset Managment purchased a new stake in Ormat Technologies in the second quarter valued at $41,880,000. Canada Pension Plan Investment Board lifted its position in Ormat Technologies by 62.6% in the second quarter. Canada Pension Plan Investment Board now owns 1,073,639 shares of the energy company’s stock valued at $89,928,000 after acquiring an additional 413,384 shares during the last quarter. Finally, Balyasny Asset Management L.P. acquired a new position in Ormat Technologies in the second quarter valued at $18,310,000. Institutional investors and hedge funds own 95.49% of the company’s stock.

Key Stories Impacting Ormat Technologies

Here are the key news stories impacting Ormat Technologies this week:

• Positive Sentiment: Q4 results: Revenue rose 19.6% to $276.0M and beat estimates; EPS met consensus. Management issued 2026 revenue guidance of up to $1.16B (about 14.6% growth), which supports topline momentum and longer‑term growth expectations. Zacks: ORA Q4 Earnings Meet Estimates
• Positive Sentiment: Company is expanding its PPA (power purchase agreement) portfolio and investing in EGS (enhanced geothermal systems), initiatives management flagged as drivers of mid‑term revenue growth. Seeking Alpha: Ormat expects 14.6% revenue growth
• Neutral Sentiment: Management released the earnings slide deck and call materials (presentation and transcript available), useful for investors assessing segment dynamics and project pipeline. Earnings Presentation Earnings Transcript
• Neutral Sentiment: Board declared a modest quarterly dividend of $0.12 per share (ex‑dividend March 10), which is income‑supportive but small relative to total return expectations.
• Negative Sentiment: Analysts trimmed price targets: Robert W. Baird cut its target from $143 to $130 (still Outperform) and TD Cowen trimmed its target from $131 to $125 (still Buy). Those reductions can sap near‑term upside and trigger selling. Benzinga: Baird PT Cut
• Negative Sentiment: Coverage and commentary on recent share‑price volatility and valuation have raised investor caution — ORA carries a high P/E and investors may be taking profits after the run, amplifying downward pressure. Yahoo Finance: Valuation After Volatility

About Ormat Technologies

Ormat Technologies, Inc is a leading renewable energy company specializing in geothermal and recovered energy power plants. Through its vertically integrated business model, Ormat designs, develops, engineers, constructs, owns and operates clean energy projects worldwide. The company’s core technology centers on the Organic Rankine Cycle (ORC), which converts heat from geothermal sources or industrial waste streams into sustainable electricity without combustion.

Ormat’s offering includes turnkey power plant solutions, proprietary ORC equipment and ongoing operations and maintenance services.