Ormat Technologies stock: JPMorgan cuts target from USD 131.00 to USD 98.00
Published on 10/21/2026 at 16:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst targets and earnings
- JPMorgan cut its Ormat Technologies target from USD 131.00 to USD 98.00 on October 19, 2026.
- Second-quarter revenue rose 10.60 percent to USD 258.8 million.
- Ormat Technologies stock traded at EUR 79.48 at Lang & Schwarz on October 21, 2026 at 4:12 p.m. CEST.
- Third-quarter results are scheduled for November 4, 2026.
JPMorgan cut its Ormat Technologies price target from USD 131.00 to USD 98.00 on October 19, 2026, while keeping a Neutral rating, according to MarketBeat. Ormat Technologies stock was trading at EUR 79.48 at Lang & Schwarz on October 21, 2026 at 4:12 p.m. CEST.
Revenue grew in the second quarter
Ormat Technologies reported second-quarter revenue of USD 258.8 million, up 10.60 percent from the prior-year period, in the earnings-call transcript published by Benzinga on October 9, 2026. Adjusted EBITDA increased 6.90 percent to USD 143.9 million, while energy storage revenue rose 195.10 percent to USD 42.8 million.
The company also lifted full-year revenue guidance to USD 1.15 billion to USD 1.20 billion and adjusted EBITDA guidance to USD 630.0 million to USD 650.0 million. The guidance figures were discussed in the same October 9, 2026 transcript.
Price position and valuation
MarketBeat listed a USD 85.77 52-week low and a USD 146.39 52-week high for Ormat Technologies on October 19, 2026. The Lang & Schwarz euro quotation is presented separately because the two prices use different currencies.
The company had a market capitalization of USD 5.5 billion and a trailing P/E ratio of 43.86 on October 21, 2026. Ormat Technologies also carried a 0.54 percent dividend yield in the market profile dated October 16, 2026, according to MetaCap.
Results date is November 4
Ormat Technologies is scheduled to report third-quarter 2026 results on November 4, 2026, after the market close, with the earnings call set for November 5, 2026. The company has not yet reached that reporting date, so the second-quarter figures remain the latest reported operating results.
Selected utility peers
MetaCap listed Portland General Electric at a P/E ratio of 19.5 and a market capitalization of USD 5.19 billion on October 16, 2026. Black Hills had a P/E ratio of 19.3 and a market capitalization of USD 5.84 billion on the same date, putting Ormat's 43.86 multiple above both selected utilities.
Euro quote stays central
For German investors, the key live figure is the euro quotation from Lang & Schwarz. Ormat Technologies was trading at EUR 79.48 on October 21, 2026 at 4:12 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Ormat Technologies stock.
Ormat Technologies market facts
- Company: Ormat Technologies, Inc.
- ISIN: US6866881021
- Ticker: ORA
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 21, 2026, 4:12 p.m. CEST): EUR 79.48
- Market capitalization: USD 5.5 billion (as of October 21, 2026)
- 52-week range: USD 85.77-146.39 (as of October 21, 2026)
- Sector / Industry: Utilities / Renewable Utilities
- Index membership: S&P 500
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
