Ormat Technologies
About: Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It is engaged in three business segments: Electricity Segment. where the company 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 and sell the electricity generated. Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.
Employees: 1,512
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
596% more call options, than puts
Call options by funds: $133M | Put options by funds: $19.1M
137% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 27
67% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 5 (+2) [Q4]
12% more funds holding
Funds holding: 276 [Q3] → 309 (+33) [Q4]
8% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 96
1.77% less ownership
Funds ownership: 89.67% [Q3] → 87.9% (-1.77%) [Q4]
14% less capital invested
Capital invested by funds: $4.17B [Q3] → $3.6B (-$566M) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Jefferies Julien Dumoulin-Smith 57% 1-year accuracy 73 / 128 met price target | 21%upside $86 | Buy Maintained | 25 Mar 2025 |
Baird Ben Kallo 30% 1-year accuracy 8 / 27 met price target | 14%upside $81 | Neutral Initiated | 13 Mar 2025 |
JP Morgan Mark Strouse 33% 1-year accuracy 3 / 9 met price target | 5%upside $75 | Neutral Maintained | 28 Feb 2025 |
Financial journalist opinion
Based on 3 articles about ORA published over the past 30 days
