Ormat Technologies (ORA)
NYSEUtilitiesRenewable UtilitiesSnapshot 2026-09-04
$105.45+1.21%
Close 2026-09-04 · 1-day change
NYSEUtilitiesRenewable UtilitiesSnapshot 2026-09-04
QuarterlyIQ Insights · ORA
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 21.7% |
| Our one-year growth estimate | diamond | -0.3% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 21.9 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 5 industry peers · Company calendar date is not available
ORA — capital allocation — This Current Report on Form 8-K does not constitute
Dated 2026-03-23
This Current Report on Form 8-K does not constitute an offer to sell any securities or a solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. 3
Why it matters: This offering might change Ormat's capital structure and financial options. It could affect investor feelings and stock performance.
Watch forThe company finishes the offering. It uses the money to make its balance sheet better.
Also watch forThe offering does not get enough interest. It also causes bad reactions in the market.
Why it matters: Meeting or beating revenue guidance shows strong performance and market demand.
Supportive ifTotal revenues for Q2 2026 are between $1,110 million and $1,160 million.
Worry ifTotal revenues for Q2 2026 are below $1,110 million.
Why it matters: Progress in EGS projects is key for Ormat's growth strategy in geothermal energy.
Supportive ifCompletion of planned drilling at the Desert Peak project by the end of 2026.
Worry ifDelays in drilling or failure to meet planned timelines for EGS projects.
Why it matters: Earnings results will show how well Ormat is doing financially. Good results could make investors more confident.
Watch forEarnings per share exceeds $1.00.
Also watch forEarnings per share falls below $0.80.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$145 on $10,000 · ±1.5% | How much price usually moves either way. |
| Bad day | $349 loss on $10,000 · 3.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,499 loss on $10,000 · 35.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Strong growth in Energy Storage revenue shows Ormat's strategy is working and there is demand.
Supportive ifEnergy Storage revenue grows year-over-year by more than 150% in Q3.
Worry ifEnergy Storage revenue growth is less than 100% year-over-year in Q3.
Why it matters: Stable dividends show commitment to returning value to shareholders. This can attract more investors.
Supportive ifDividend per share remains at $0.12 for the next quarter.
Worry ifDividend per share is cut below $0.12.
Why it matters: Better operating income means lower costs and more efficiency. This is key for growth.
Supportive ifOperating income goes up by 15% or more from the last quarter.
Worry ifOperating income goes up by less than 5% from the last quarter.
Why it matters: If the sector grows faster, Ormat could earn more money. This matters for performance.
Watch forSector revenue growth exceeds 5% year over year.
Also watch forSector revenue growth falls below 3% year over year.
Why it matters: Exceeding 10% growth would show strong momentum in revenue growth efforts. This is key for investor confidence.
Supportive ifQ2 revenue growth reported above 10% year over year.
Worry ifQ2 revenue growth reported below 5% year over year.
Why it matters: New PPAs give revenue visibility and help Ormat's growth plans.
Supportive ifAnnouncement of new long-term PPAs totaling at least 100 MW.
Worry ifNo new long-term PPAs announced in the next quarter.
Why it matters: Changes in the Producer Price Index can affect energy prices. This can impact Ormat's profits.
Watch forProducer Price Index rises, showing energy costs are going up.
Also watch forProducer Price Index falls or stays the same, suggesting energy costs are stable.
Why it matters: Progress on EGS projects is important for Ormat's long-term growth and technology.
Watch forManagement reports success in EGS pilot projects with SLB and Sage Geosystems.
Also watch forNo major updates or delays on EGS pilot projects are expected next quarter.