Should I Buy ORA? ORA 2026 Analysis

Should You Buy Ormat Technologies Inc (ORA) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

128.020

1 Day change

0.04%

52 Week Range

128.970

Analysis Updated At

2026/01/26

Ormat Technologies Inc (ORA) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company's strong financial performance, positive analyst sentiment, and strategic investments in geothermal technology align well with long-term growth potential. Despite no immediate trading signals, the technical indicators and options sentiment suggest a stable entry point.

Technical Analysis

The MACD is positive and expanding (0.62), indicating bullish momentum. The RSI is at 74.017, which is neutral, and the moving averages (SMA_5 > SMA_20 > SMA_200) confirm a bullish trend. The stock is trading near its resistance level (R1: 123.897), with potential upside towards R2: 126.384.

Options Data

Bullish

Open Interest Put-Call Ratio

Bearish

Option Volume Put-Call Ratio

The open interest put-call ratio of 0.64 suggests a bullish sentiment, while the option volume put-call ratio of 1.23 indicates higher put activity, possibly reflecting hedging or caution in the short term.

Technical Summary

Sell

Buy

Positive Catalysts

TD Cowen upgraded the stock to Buy with a price target of $130, citing upside potential from the company's 'blend and extend' strategy and data center contracts.
Ormat's $25 million investment in Sage Geosystems aligns with its focus on geothermal technology, a growing sector.
Strong Q3 financial performance with revenue up 17.92% YoY and net income up 9.31% YoY.

Neutral/Negative Catalysts

Gross margin dropped by 7.74% YoY, which could indicate cost pressures.
No recent significant insider or hedge fund activity, suggesting a lack of strong institutional conviction.

Financial Performance

In Q3 2025, Ormat Technologies reported a 17.92% YoY increase in revenue to $249.73 million, a 9.31% YoY increase in net income to $24.14 million, and an 8.33% YoY increase in EPS to 0.39. However, gross margin declined by 7.74% YoY to 25.64%.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts are bullish on ORA, with multiple upgrades and price target increases. TD Cowen raised the price target to $130, UBS to $135, and Piper Sandler to $125, citing strong growth potential in data center demand and geothermal technology. The consensus reflects optimism about the company's long-term prospects.

8 Analyst Rating

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 USD with a low forecast of 111 USD and a high forecast of 135 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.

6 Buy

2 Hold

0 Sell

Strong Buy

Current: 127.970

Low

111

Averages

120

High

135

Current: 127.970

Low

111

Averages

120

High

135

Roth Capital

Buy

maintain

$125 -> $139

AI Analysis

2026-01-28

New

Reason

Roth Capital

Price Target

$125 -> $139

AI Analysis

2026-01-28

New

maintain

Buy

Reason

Roth Capital raised the firm's price target on Ormat Technologies to $139 from $125 and keeps a Buy rating on the shares ahead of its earnings. The firm is modeling Q4 slightly below consensus, reflecting a more conservative margin outlook driven by potential curtailments and continued normalization in Storage pricing and margins, the analyst tells investors in a research note. Roth adds however that it sees an upside risk to shares from continued execution on PPAs - power purchase agreements - with hyperscalers and data-center customers, while recontracting existing assets provides an additional lever to capitalize on sustained demand for round-the-clock renewable power.

Oppenheimer

Outperform

maintain

$125 -> $136

2026-01-27

New

Reason

Oppenheimer

Price Target

$125 -> $136

2026-01-27

New

maintain

Outperform

Reason

Oppenheimer raised the firm's price target on Ormat Technologies to $136 from $125 and keeps an Outperform rating on the shares. The firm adjusted targets in the power technology group as part of a Q4 preview. While power prices are higher as overall power demand continues to grow, technology mix is starting to play a larger role in optimizing power costs with renewables mitigating price increases, the analyst tells investors in a research note.

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ORA Should I Buy

ORA Should I Buy

Should You Buy Ormat Technologies Inc (ORA) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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