Ormat Tech upgraded by Piper Sandler with a new price target
$ORA
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Piper Sandler upgraded Ormat Tech from Neutral to Overweight and set a new price target of $102.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/17/2025 | $102.00 | Neutral → Overweight | Piper Sandler |
| 8/8/2025 | $76.00 → $85.00 | Hold | TD Cowen |
| 7/30/2025 | $103.00 | Neutral → Outperform | Robert W. Baird |
| 6/6/2025 | Equal Weight → Overweight | Barclays | |
| 3/13/2025 | $81.00 | Neutral | Robert W. Baird |
| 2/20/2025 | $73.00 → $78.00 | Hold → Buy | Jefferies |
| 1/10/2025 | $73.00 | Hold | Jefferies |
| 12/19/2024 | $78.00 | Neutral | Piper Sandler |
RENO, Nev., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE:ORA), a leading geothermal and renewable energy company, today announced the release of its annual Sustainability Report. The report highlights Ormat's progress in advancing its long-term sustainability strategy, expanding overall renewable energy and storage capacity, and strengthening its environmental, social, and governance (ESG) performance. The results of this report reflect the company's ongoing commitment to delivering low-carbon solutions, while creating value for communities around the world. Key highlights of the 2024 Sustainability Report include: Climate Action: Helped
Facility Operating Under Ormat's First Tolling Agreement in TexasSuccessful Closing of Ormat's First Hybrid Tax Equity Deal RENO, Nev., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE:ORA) ("Ormat" or the "Company"), a leading geothermal and renewable energy company, today announced the successful commencement of commercial operations at its Lower Rio energy storage facility. This 60MW/120MWh Battery Energy Storage System (BESS), located in Texas, will provide energy and ancillary services under a seven-year tolling agreement. Ormat also recently signed a Hybrid Tax Equity partnership with Morgan Stanley Renewables, Inc. to monetize the 40% Investment Tax Credit (ITC) fo
RENO, Nev., Aug. 28, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:ORA), a leading geothermal and renewable energy company, today has announced the signing of a strategic commercial agreement with Sage Geosystems Inc. ("Sage"), a pioneer in next-generation geothermal and energy storage technology. The agreement marks a significant milestone in Ormat's pursuit of innovative and sustainable energy solutions. Under the terms of the agreement, Sage will pilot its advanced Pressure Geothermal technology to extract geothermal heat energy from hot dry rock at an existing Ormat power plant. This collaboration aims to significantly reduce the time needed to bring geothermal energy to mar
Piper Sandler upgraded Ormat Tech from Neutral to Overweight and set a new price target of $102.00
TD Cowen reiterated coverage of Ormat Tech with a rating of Hold and set a new price target of $85.00 from $76.00 previously
Robert W. Baird upgraded Ormat Tech from Neutral to Outperform and set a new price target of $103.00
144 - ORMAT TECHNOLOGIES, INC. (0001296445) (Subject)
144 - ORMAT TECHNOLOGIES, INC. (0001296445) (Subject)
144 - ORMAT TECHNOLOGIES, INC. (0001296445) (Subject)
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ORMAT EXPANDS MANAGEMENT TEAM TO SUPPORT ELECTRICITY SEGMENT GROWTH AND EGS INITIATIVESARON WILLIS APPOINTED EXECUTIVE VICE PRESIDENT, ELECTRICITY SEGMENTDANIEL MOELK APPOINTED SENIOR VICE PRESIDENT, RESOURCES, DRILLING, & EGS RENO, Nev., June 05, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:ORA) (the "Company" or "Ormat"), a leading geothermal and renewable energy company, is pleased to announce the appointment of two distinguished executives to its senior management team. These strategic appointments are poised to propel the next phase of the Company's growth and enhance its operational excellence within the renewable energy sector. Aron Willis Appointed Executive Vice Presi
RENO, Nev., June 03, 2022 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:ORA) ("Ormat," the "Company," "we" or "us") today announced the election at its annual meeting of stockholders, held on June 2, 2022, of Michal Marom and Karin Corfee to the Company's Board of Directors, effective immediately. Ms. Marom will also serve as the Chair of the Audit Committee and a member of the Compensation Committee. Ms. Marom and Ms. Corfee will replace the departing Board members Dan Falk and Albertus Bruggink, respectively. With these new additions, one third of Ormat's Board of Directors will be represented by women. Ms. Marom joins Ormat's Board of Directors having served in numerous senior exe
Not for distribution to United States newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States.VANCOUVER, BC / ACCESSWIRE / December 15, 2021 / Gstaad Capital Corp. (the "Company") (TSXV:GTD) is pleased to announce that it has entered into a letter of intent, dated effective November 29, 2021 (the "LOI") with LuxHygenix Inc. ("LuxHygenix"), an arms-length privately held Delaware corporation. The LOI sets out the general terms and conditions pursuant to which the Company will acquire all of the issued and outstanding securities and convertible notes of LuxHygenix in exchange for securities of the Co
EXPANDED PORTFOLIO AND FAVORABLE OBBB POLICY SUPPORT LONG TERM GROWTH TARGETS HIGHLIGHTS NET INCOME AND ADJUSTED EBITDA GROWTH OF 26.1% AND 6.7%, RESPECTIVELYSUCCESSFUL COMPLETION OF 20MW BLUE MOUNTAIN GEOTHERMAL POWER PLANT ACQUISITIONSECURED $300 MILLION IN FUNDING TO SUPPORT FUTURE DEVELOPMENTCOMPANY REITERATES ITS FULL YEAR REVENUE AND ADJUSTED EBITDA GUIDANCE RENO, Nev., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:ORA) (the "Company" or "Ormat"), a leading renewable energy company, today announced financial results for the second quarter ended June 30, 2025. KEY FINANCIAL RESULTS Q2 2025Q2 2024Change (%)H1 2025H1 2024Change (%)GAAP Measures
RENO, Nev., July 07, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE:ORA) (the "Company" or "Ormat"), a leading geothermal and renewable energy company, today announced that it plans to publish its second quarter financial results in a press release that will be issued on Wednesday, August 6, 2025, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 10:00 a.m. ET on Thursday, August 7, 2025. Participants within the United States and Canada, please dial 1-800-715-9871, approximately 15 minutes prior to the scheduled start of the call. If you are calling from outside the United States or Canada, please dial
REVENUE GROWTH AND RECORD QUARTERLY ADJUSTED EBITDA SUPPORT ONGOING STRATEGIC PORTFOLIO EXPANSION HIGHLIGHTS TOTAL REVENUES AND NET INCOME1 IMPROVED 2.5% AND 4.6%, RESPECTIVELYRECORD ADJUSTED EBITDA OF $150.3 MILLION, AN INCREASE OF 6.4% VS LAST YEARENERGY STORAGE SEGMENT REVENUES INCREASED BY 120% DRIVING MEANINGFUL MARGIN INCREASESIGNED AN AGREEMENT TO ACQUIRE THE 20MW BLUE MOUNTAIN GEOTHERMAL POWER PLANT FROM CYRQ ENERGYCOMPANY REITERATES ITS 2025 FULL-YEAR GUIDANCE, REFLECTING STRONG EXECUTION AND CONFIDENCE IN THE BUSINESS OUTLOOK RENO, Nev., May 07, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:ORA) (the "Company" or "Ormat"), a leading renewable