Wall Street Zen moves Ormat Technologies stock to Sell

Published on 10/14/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wall Street Zen moved Ormat Technologies to Sell on October 11, 2026. Ormat Technologies stock costs EUR 81.73 on October 14, 2026 before results.

Rating and results

Wall Street Zen moved Ormat Technologies from Strong Sell to Sell on October 11, 2026.
Second-quarter 2026 revenue reached USD 258.76 million, up 10.60 percent year over year.
Ormat Technologies stock trades at EUR 81.73 at 10:45 a.m. CEST at Lang & Schwarz on October 14, 2026.

Ormat Technologies, US6866881021, Illustration mit AI erstellt.

Ormat Technologies (ISIN US6866881021) was moved from Strong Sell to Sell by Wall Street Zen in a research report dated October 11, 2026, according to MarketBeat. The rating change adds a bearish counterpoint to the company's latest operating figures and its scheduled third-quarter report.

Three recent figures shape the story

On September 24, 2026, Ormat announced selection for up to USD 35 million in Department of Energy funding for two geothermal projects, according to Investing.com. The projects involve the Dixie Valley facility in Nevada and the Cove Fort project in Utah.

For the second quarter of 2026, Ormat reported revenue of USD 258.76 million, up 10.60 percent year over year, while adjusted earnings per share reached USD 0.50 against a USD 0.26 consensus estimate, according to MarketBeat. Revenue therefore exceeded the cited estimate by USD 18.73 million, while adjusted earnings per share exceeded consensus by USD 0.24.

What does the next report test?

GlobeNewswire reported on October 6, 2026, that Ormat plans to publish third-quarter results after the market closes on November 4, 2026, followed by a conference call on November 5, 2026, at 10:00 a.m. ET. The upcoming release will show whether the second-quarter revenue increase translated into continued earnings momentum.

Ormat's operating scale also remains material: the company described a total generating portfolio of 1,850 megawatts in the same release. That portfolio includes geothermal and solar generation as well as energy storage, giving the November report several operating areas to quantify.

Stock price and valuation context

Ormat Technologies stock was trading at EUR 81.73 at Lang & Schwarz on October 14, 2026 at 10:45 a.m. CEST. The primary listing is NYSE, where the finance quote showed a USD 5.6 billion market capitalization on October 14, 2026 and a 52-week range of USD 87.06 to USD 146.39. The euro quote is stated separately from those NYSE values.

The further course of trading is shown by the continuously updated real-time quote of Ormat Technologies stock.