Ormat Technologies (ORA) Invests $25M in Sage Geosystems' $97M Series B Funding
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2026
0mins
Source: seekingalpha
- Investment Strategy: Ormat Technologies announces a $25 million equity investment in Sage Geosystems, participating in its $97 million Series B funding round aimed at addressing the surging electricity demand driven by artificial intelligence.
- Technology Pilot: Sage plans to pilot its Pressure Geothermal technology at an existing Ormat power plant, with the goal of extracting geothermal heat from hot dry rock to accelerate the market introduction of next-generation geothermal solutions.
- Development Rights: Upon successful completion of the pilot, Ormat will have the right to develop, build, own, and operate geothermal power plants and energy storage projects utilizing Sage's technology, thereby enhancing its market position in renewable energy.
- Market Potential: Although geothermal energy currently meets only a small fraction of U.S. power demand, the Department of Energy projects that next-generation systems could provide up to 120 GW of capacity by 2050, enough to power 90 million homes.
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Analyst Views on ORA
Wall Street analysts forecast ORA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ORA is 120.00 USD with a low forecast of 111.00 USD and a high forecast of 135.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 127.970
Low
111.00
Averages
120.00
High
135.00
Current: 127.970
Low
111.00
Averages
120.00
High
135.00
About ORA
Ormat Technologies, Inc. is a geothermal and vertically integrated company engaged in geothermal and recovered energy generation (REG). The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter, a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it owns or has installed for utilities and developers worldwide, totaling approximately 3,400 megawatts (MW) of gross capacity. Its segments include Electricity Segment, Product Segment and Energy Storage Segment. Its Electricity segment develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world. Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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