Ormat Technologies stock heads into November 4 results
Published on 10/07/2026 at 13:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Ormat Technologies stock was last at USD 93.07 on the NYSE on October 6, 2026, up 1.95 percent from the prior close. The company has set November 4, 2026, for its third-quarter results, giving the market a clear near-term checkpoint.
Results date adds a catalyst
According to GlobeNewswire on October 6, 2026, Ormat will publish its third-quarter financial results after the market closes on November 4, 2026. Management scheduled the related conference call for November 5, 2026, at 10:00 a.m. ET.
The timing matters because the latest reported quarter already combined double-digit top-line growth with a mixed earnings picture. For the second quarter ended June 30, 2026, revenue increased 10.6 percent year over year to USD 258.76 million, while earnings per share reached USD 0.50 against a USD 0.26 consensus estimate, according to MarketBeat.
Analysts split on upside
MarketBeat reported on October 6, 2026, that TD Cowen upgraded Ormat to Strong Buy. The broader consensus was Moderate Buy across 14 listed analyst recommendations, with an average price target of USD 130.75.
That target lies 40.5 percent above the October 6 reference price of USD 93.07. The gap leaves the November results as a test of whether operating growth can support the valuation implied by the analyst consensus.
A more cautious counterpoint came from UBS. As Yahoo Finance reported on October 1, 2026, UBS cut its rating from Buy to Neutral and reduced its price target from USD 157 to USD 100, citing limited earnings upside through 2028.
Stock remains below yearly peak
Ormat Technologies stock was last at USD 93.07 on October 6, 2026, with a session range of USD 92.20 to USD 93.77. The 52-week range was USD 87.06 to USD 146.39, placing the stock 36.4 percent below its yearly high and 6.9 percent above its yearly low.
The market capitalization was USD 5.7 billion and trading volume reached 495,490 shares on October 6, 2026. For investors, the next report will put the 10.6 percent revenue growth rate and the competing analyst views into the same frame.
Stock price before the report
Ormat Technologies stock was last at USD 93.07 on the NYSE on October 6, 2026 at 4:00 p.m. ET, up 1.95 percent on the session.
Ormat Technologies stock facts
- Company: Ormat Technologies, Inc.
- ISIN: US6866881021
- Ticker: ORA
- Trading venue: NYSE
- Price (as of October 6, 2026, 4:00 p.m. ET): USD 93.07
- Market capitalization: USD 5.7 billion (as of October 6, 2026)
- 52-week range: USD 87.06-146.39 (as of October 6, 2026)
- Sector / Industry: Utilities / Independent Power and Renewable Electricity Producers
Upcoming dates for Ormat Technologies stock
- November 4, 2026: Third-quarter 2026 results after the market close
- November 5, 2026: Third-quarter results conference call at 10:00 a.m. ET
