TD Cowen Cuts Ormat Technologies (NYSE:ORA) Price Target to $125.00

Ormat Technologies (NYSE:ORA) had its target price cut by TD Cowen from $131.00 to $125.00 in a research report report published on Friday morning, Marketbeat.com reports. They currently have a buy rating on the energy company’s stock.

Several other equities analysts have also recently issued reports on ORA. Piper Sandler boosted their price target on shares of Ormat Technologies from $102.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Jefferies Financial Group downgraded Ormat Technologies from a “buy” rating to a “hold” rating and upped their target price for the stock from $125.00 to $130.00 in a report on Friday, February 13th. Oppenheimer raised their target price on Ormat Technologies from $125.00 to $136.00 and gave the company an “outperform” rating in a research note on Tuesday, January 27th. Barclays dropped their price target on Ormat Technologies from $118.00 to $108.00 and set an “overweight” rating on the stock in a research report on Thursday, January 15th. Finally, Citigroup raised their price objective on Ormat Technologies from $110.00 to $128.00 and gave the company a “neutral” rating in a research report on Wednesday, February 18th. Seven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $128.00.

Ormat Technologies Stock Performance

Shares of ORA stock opened at $103.68 on Friday. The firm has a market capitalization of $6.30 billion, a price-to-earnings ratio of 51.58, a PEG ratio of 4.21 and a beta of 0.84. The stock has a fifty day moving average of $118.47 and a 200 day moving average of $108.35. 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 0.75, a current ratio of 0.81 and a debt-to-equity ratio of 0.79.

Ormat Technologies (NYSE:ORA) last issued its quarterly earnings data on Wednesday, February 25th. The energy company reported $0.67 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.67. Ormat Technologies had a net margin of 12.52% and a return on equity of 5.21%. The business had revenue of $276.04 million for the quarter, compared to the consensus estimate of $257.75 million. During the same period in the previous year, the firm earned $0.67 EPS. The company’s quarterly revenue was up 19.6% compared to the same quarter last year. As a group, research analysts expect that Ormat Technologies will post 1.94 earnings per share for the current year.

Ormat Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, March 10th. Ormat Technologies’s dividend payout ratio (DPR) is presently 23.88%.

Institutional Trading of Ormat Technologies

A number of large investors have recently made changes to their positions in ORA. Dimensional Fund Advisors LP lifted its position in Ormat Technologies by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,910,292 shares of the energy company’s stock valued at $211,036,000 after purchasing an additional 43,749 shares during the period. Geode Capital Management LLC raised its stake in Ormat Technologies by 6.8% during the 4th quarter. Geode Capital Management LLC now owns 1,611,360 shares of the energy company’s stock valued at $178,033,000 after buying an additional 102,864 shares during the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of Ormat Technologies by 62.6% during the 2nd quarter. Canada Pension Plan Investment Board now owns 1,073,639 shares of the energy company’s stock valued at $89,928,000 after buying an additional 413,384 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of Ormat Technologies by 155.8% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 886,526 shares of the energy company’s stock worth $97,935,000 after buying an additional 540,000 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Ormat Technologies in the 4th quarter worth $86,545,000. 95.49% of the stock is currently owned by institutional investors.

Trending Headlines about 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

Ormat Technologies Company Profile

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.