Professional
Added to YB: 2025-06-10
Pitch date: 2025-06-06
ORA [bullish]
Ormat Technologies, Inc.
+45.24%
current return
Author Info
No bio for this author
Company Info
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indonesia, the Philippines, and internationally.
Market Cap
$6.6B
Pitch Price
$78.04
Price Target
86.00 (-24%)
Dividend
0.44%
EV/EBITDA
19.83
P/E
49.83
EV/Sales
9.98
Sector
Independent Power and Renewable Electricity Producers
Category
growth
Ormat Upgraded to Overweight by Barclays with $86 Price Target
ORA (analyst upgrade): Barclays upgrades to Overweight ($86 PT from $80) as US faces 300-400GW power shortage by 2030 from data centers vs 70-75GW capacity. Geothermal seeing demand as baseload clean energy source; PPAs hitting $100/MWh. Ormat, largest US geothermal operator, offers 5+ years earnings visibility with contracts repricing EOD, discussions with data centers underway.
Read full article (2 min)