Red Hat and Orange Collaborate to Accelerate Telco Cloud Transformation and Services Softwarization
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2025
0mins
Source: Businesswire
Collaboration Announcement: Red Hat and Orange have partnered to create a common telco cloud infrastructure for Orange International Networks, utilizing Red Hat OpenShift and Ansible Automation Platform to enhance flexibility, efficiency, and scalability in their network services.
Infrastructure Transformation Goals: Orange aims to expand its telco cloud infrastructure globally, transitioning from 50 OpenStack platforms to 75 points of presence (PoPs) within two years, while focusing on sustainability and improved service delivery for advanced telecommunications services.
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: 123.000
Low
111.00
Averages
120.00
High
135.00
Current: 123.000
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.
