Ormat (ORA) Stock Forecast, Price Target & Predictions


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ORA Stock Forecast


Ormat (ORA) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $78.00, with a high of $78.00 and a low of $78.00. This represents a 23.05% increase from the last price of $63.39.

$60 $65 $70 $75 $80 $85 High: $78 Avg: $78 Low: $78 Last Closed Price: $63.39

ORA Stock Rating


Ormat stock's rating consensus is Hold, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (40.00%), 3 Hold (60.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 5 0 3 2 Strong Sell Sell Hold Buy Strong Buy

ORA Forecast vs Benchmarks


TypeNameUpside
StockOrmat23.05%
SectorUtilities Stocks11.08%

Price Target Trends


1M3M12M
# Anlaysts-13
Avg Price Target-$78.00$78.67
Last Closing Price$63.39$63.39$63.39
Upside/Downside-23.05%24.10%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25126--9
Dec, 24125--8
Nov, 24134--8
Oct, 24134--8
Sep, 24134--8
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 18, 2024Derek PodhaizerPiper Sandler$78.00$67.1916.09%23.05%
Jun 21, 2024Noah KayeOppenheimer$85.00$70.9019.89%34.09%
May 13, 2024Derek PodhaizerBarclays$73.00$70.293.86%15.16%
Aug 08, 2022J.P. Morgan$97.00$89.897.91%53.02%
Aug 08, 2022Oppenheimer$97.00$90.726.92%53.02%
Jul 20, 2022J.P. Morgan$80.00$79.630.46%26.20%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Jan 10, 2025JefferiesHoldinitialise
Dec 18, 2024Piper SandlerNeutralinitialise
Aug 08, 2024OppenheimerOutperformOutperformhold
Jun 21, 2024OppenheimerOutperformOutperformhold
May 13, 2024BarclaysEqual-WeightEqual-Weighthold
Mar 01, 2023UBSBuyupgrade
Aug 08, 2022OppenheimerOutperformOutperformhold
Feb 25, 2022OppenheimerOutperformOutperformhold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.66$1.11$1.17$2.08-----
Avg Forecast$1.57$1.10$1.33$2.05$1.87$2.11$2.42$2.48$2.95
High Forecast$1.54$1.08$1.27$2.02$1.81$1.69$2.20$2.34$2.78
Low Forecast$1.63$1.14$1.41$2.10$1.89$2.43$2.67$2.56$3.04
Surprise %5.73%0.91%-12.03%1.46%-----

Revenue Forecast

$600M $740M $880M $1B $1B $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$705.34M$663.08M$734.16M$829.42M-----
Avg Forecast$708.77M$654.16M$729.62M$827.46M$884.48M$962.77M$1.08B$1.16B$1.24B
High Forecast$698.87M$645.02M$703.90M$824.86M$883.30M$924.24M$1.08B$1.16B$1.18B
Low Forecast$728.23M$672.12M$760.43M$829.97M$885.60M$988.04M$1.08B$1.16B$1.27B
Surprise %-0.48%1.36%0.62%0.24%-----

Net Income Forecast

$0 $40M $80M $120M $160M $200M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$85.46M$62.09M$65.84M$124.40M-----
Avg Forecast$75.84M$47.69M$52.42M$124.40M$110.60M$128.30M$152.29M$146.33M$176.30M
High Forecast$60.68M$38.15M$41.94M$99.52M$108.02M$101.16M$131.56M$139.85M$166.36M
Low Forecast$91.01M$57.22M$62.90M$149.28M$113.19M$145.28M$159.41M$152.81M$181.77M
Surprise %12.67%30.21%25.60%------

ORA Forecast FAQ


Is Ormat stock a buy?

Ormat stock has a consensus rating of Hold, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Ormat is a neutral investment for most analysts.

What is Ormat's price target?

Ormat's price target, set by 5 Wall Street analysts, averages $78 over the next 12 months. The price target range spans from $78 at the low end to $78 at the high end, suggesting a potential 23.05% change from the previous close price of $63.39.

How does Ormat stock forecast compare to the average forecast of its sector, industry, and investment themes?

Ormat stock forecast shows a 23.05% upside, outperforming the average forecast for the utilities stocks sector (11.08%).

What is the breakdown of analyst ratings for Ormat over the past three months?

  • January 2025: 11.11% Strong Buy, 22.22% Buy, 66.67% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 12.50% Strong Buy, 25.00% Buy, 62.50% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 12.50% Strong Buy, 37.50% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.

What is Ormat’s EPS forecast?

Ormat's average annual EPS forecast for its fiscal year ending in December is 1.87 for 2024, a -10.10% decrease from the reported $2.08 in 2023. The prediction for 2025 is $2.11, $2.42 for 2026, $2.48 for 2027, and $2.95 for 2028.

What is Ormat’s revenue forecast?

Ormat's average annual revenue forecast for its fiscal year ending in December is $884.48M for 2024, a 6.64% increase from the reported $829.42M in 2023. The forecast for 2025 is $962.77M, $1.08B for 2026, $1.16B for 2027, and $1.24B for 2028.

What is Ormat’s net income forecast?

For its fiscal year ending in December, Ormat's average annual net income forecast is $110.6M for 2024, reflecting a -11.09% decrease from the reported $124.4M in 2023. The projection for 2025 is $128.3M, $152.29M for 2026, $146.33M for 2027, and $176.3M for 2028.