ORMAT TECH INC (ORA)
Utilities · Renewable Electricity · NYSE
Ormat Technologies is a global leader in geothermal energy and energy storage solutions, providing both proprietary technology and utility-scale power generation.
What ORMAT TECH INC does
Ormat Technologies, Inc. is a vertically integrated company primarily engaged in the geothermal and recovered energy power business. The company designs, develops, builds, owns, and operates geothermal and recovered energy-based power plants and also provides energy storage solutions, while additionally manufacturing equipment for these energy projects.
Themes: Geothermal energy, Energy storage, Renewable power generation, Utility-scale energy projects, Clean energy infrastructure
Fundamentals
- Price$88.64 as of 2026-10-08 close
- Market cap$5.5B as of 2026-08-01 (share count; price 2026-10-08)
- 1-year return-17.1% 2025-10-08 close $106.95 → 2026-10-08 close $88.64
- P/E43.38 as of 2026-10-08
- ROE+4.6% FY2025, SEC XBRL
- Debt / equity1.30 as of 2026-09-02
- Revenue growth (YoY)+10.3% as of 2026-09-02
- Revenue CAGR (3y)+6.5% SEC XBRL
- Beta0.60 as of 2026-09-02
- Last reported earnings2026-08-05 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +0.5%; at least 4 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How ORA compares in its sector
- price-to-earnings ratiotop 10% 67 covered Utilities peers, as of 2026-10-08
- return on equitybottom 10% 72 covered Utilities peers, as of 2026-09-02
- 3-year revenue CAGRmiddle range 70 covered Utilities peers
- indicated dividend yieldbottom 10% 67 covered Utilities peers, as of 2026-09-02
- free cash flow (absolute dollars, latest fiscal year)middle range 57 covered Utilities peers, as of FY2025
Position among covered Utilities companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
ORA is not currently in any published Top 10 list. Its scores are below.
Top 10 score
32.5 #1325 of 1,379 scored · #52 of 54 in Utilities
Growth 52nd (revenue growth year over year 10.3%, 3-year revenue CAGR 6.5%) and capital return 43rd (consecutive years of dividend increases 4 years, net share count bought back over the year -0.9); weakest is trend (19th, trading below its 200-day average).
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, ORA's dividend was covered by reported results (earnings payout 23%). This describes past coverage, not a forecast.
- Earnings payout23% dividends / net income
- Free-cash-flow payoutnot assessable free cash flow was not positive that year
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How ORMAT TECH INC looks technically
ORMAT TECH INC (ORA) is trading 21.6% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 40 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 26, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 37, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 4 trading days ago (its momentum flipped positive). It just made a new 20-day low, breaking below its recent trading range. It is 1.8% above its 52-week low (its lowest price of the past year).
Trend
8
| Distance from the 200-day | it is trading 21.6% below its 200-day average, the long-term trend line — a long-term downtrend | -21.6% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $100.67 | $100.67 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $113.11 | $113.11 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a completed five-part downward sequence — the pattern Elliott-wave chartists call an impulse — which on that reading would now be due a pullback rather than more of the same; the labelling fails if price closes below 87.06. It is the only labelling that fits, and it describes the swings already printed, not what comes next. | possible five-wave downward sequence, complete |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 40 trading days ago — a "death cross", a bearish long-term signal | 40 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 26, with sellers in control | 25.9 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 37, neither overbought (above 70) nor oversold (below 30) | 37.2 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($87.06 to $98.77) — its "stochastic" reading is 13 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 13.5 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 4 trading days ago (its momentum flipped positive) | 4 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $146.39 | $146.39 |
|---|---|---|
| From the 52-week high | it is 39.4% below its 52-week high (its highest price of the past year) | -39.5% |
| Above the 52-week low | it is 1.8% above its 52-week low (its lowest price of the past year) | +1.8% |
| Below the 52-week high | it is 39.4% below its highest point of the past year | 39.5% |
| Since a 20-day breakout | it just made a new 20-day low, breaking below its recent trading range | 1 session |
| Since a 55-day breakout | it just made a new 55-day low, breaking below its recent trading range | 1 session |
| All-time high | its highest closing price on record is $146.39 (set on 2026-06-03) | $146.39 |
| Given back of the 52-week move | over the past year its closes ranged ($88.64 to $145.10), and it has recovered essentially none of its fall from last year’s high — 0% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $123.53 to $125.34. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 0.0% |
| From the all-time high | it is 39.4% below its all-time high | -39.5% |
| Nearest price level | it is sitting right on a resistance level at $88.84 — a price it turned at twice since 2025-07-10, most recently on 2025-09-02. Since 2024-10-08 it has 8 such levels below the current price and 8 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.2% |
| All-time low | its lowest closing price on record is $14.10 (set on 2011-09-22) | $14.10 |
| Above the all-time low | it is 528.7% above its all-time low | +528.6% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 81% of it) | 19th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $3.17 between its high and its low — about 3.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $3.17 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $87.66 and $98.26 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $87.66 – $92.96 – $98.26 |
| Typical daily range (% of price) | its price moves about 3.6% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.6% |
| Stretch from the 200-day average | it is trading 7.7 daily ranges below its 200-day average price (21.6% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 7.7 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.91× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 3.6% since the prior reading | -3.6% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating has softened toward "sell" since the prior reading | 0.15 toward sell |
Candlestick patterns
1
| Since a doji | 6 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 6 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-10-08 1.1% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | -1.1% |
|---|---|---|
| Open gap | it gapped 2.2% below the previous close 10 sessions ago and has not traded back through the level it left behind at 95.83 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.2% |
| Gap filled | a 3.0% gap down opened on 2026-10-01 has been "filled" 4 sessions ago — price traded back through the level the gap left behind, and it took 1 session to close | 4 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -4.76% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 18.9 percentage points (the stock lost 17.9% while the market gained 1.0%) | -18.9% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 24.1 percentage points (the stock lost 20.2% while the market gained 3.8%) | -24.1% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 37.3 percentage points (the stock lost 19.8% while the market gained 17.5%) | -37.3% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 32.1 percentage points (the stock lost 17.1% while the market gained 15.0%) | -32.1% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: MACD momentum is positive, near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 16% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 7.2% of the share price. | -16.2% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 21% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $112.57 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | -21.3% |
|---|---|---|
| Vs the average paid since it last reported | the price is 12% below the average price paid since it last reported on 2026-08-05 (its 8-K), so the typical buyer over that stretch is under water. That average is $100.18 — a volume-weighted average of daily closes over 46 sessions, not a true tick-by-tick VWAP. | -11.5% |
Price levels it has turned at before
ORA last closed at $88.64 on 2026-10-08. Since 2024-10-08 it has turned at 8 prices below its last close and 8 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $88.84 | Resistance | 0.2% above the last close | turned there twice · 2025-07-10 to 2025-09-02 |
| $86.75 | Support | 2.1% below the last close | turned there three times · 2025-06-24 to 2026-10-01 |
| $91.22 | Resistance | 2.9% above the last close | turned there twice · 2025-07-23 to 2026-09-16 |
| $84.22 | Support | 5.0% below the last close | turned there twice · 2024-11-11 to 2025-08-06 |
| $82.75 | Support | 6.6% below the last close | turned there twice · 2024-11-25 to 2025-06-30 |
| $95.06 | Resistance | 7.2% above the last close | turned there twice · 2025-08-22 to 2025-09-18 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $87.06.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 1 trading day, since 2026-10-08.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Near the 52-week low · Pulled back from the 12-month high · Broke down to a new 20-day low · MACD just crossed bullish (12/26/9) · Analyst price target recently CUT | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (2.15 mean, 1=Strong Buy…5=Strong Sell) — 12 analysts
- Mean price target$127.67 range $100.00 – $145.00; median $130.00
Analyst estimates, as of 2026-10-04. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for ORA
- Consensus EPS estimate$0.2997 next reporting period, as of 2026-10-04
- Estimate change, 30 days+$0.01302 (+4.5%) from $0.2867, on 2026-08-30, 35-day window
- Readings revised upward50% of 8 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Risks associated with geothermal resource exploration and development, including drilling and resource availability risks.","Dependence on tax incentives and government policies for renewable energy projects.","Exposure to significant capital requirements and debt-related risks from project financing."]
What changed in the latest 10-Q
AI-assisted comparison of ORA's 10-Q filed 2026-05-07 against the prior one filed 2025-11-05.
Management's Discussion & Analysis (MD&A)
- Added:
- Added risk bullet: 'Our investments in EGS projects involve substantial technical, operational, and geological uncertainties, including risks related to reservoir creation and sustainability, drilling success rates, well productivity, thermal recovery, induced seismicity, permitting, and long-term system performance. There can be no assurance that EGS projects in which we invest will achieve expected technical milestones, operate reliably, or produce energy at commercially viable levels.' (filed 2026-05-07)
- Added risk bullet: 'Competition for power purchase agreements, development sites, interconnection capacity, and skilled personnel may adversely affect our ability to grow our business or maintain favorable contract terms.' (filed 2026-05-07)
- Added risk bullet: 'The absence of new or renewed BLM permits for solar PV projects on U.S. federal lands could impair our development activities, proje' (filed 2026-05-07)
- Removed:
- Removed phrase from geothermal risk: 'which may result in insufficient prospects to support our growth, decreased performance or increased costs for our power plants' (filed 2025-11-05)
- Removed BESS risk text: 'Our investments in BESS technology involves new technologies and expected advanced technologies with relatively limited history with respect to reliability and performance and may not perform as expected. In addition,' and replaced with 'Our investments and profitability in Battery Energy Storage System (BESS) may be negatively affected by a number of factors, including increases in storage costs, expanded trade restrictions, risk of fire, volatility in merchant prices and competition.' (filed 2026-05-07)
- Removed phrase about competition: 'We encounter intense competition from electric utilities, other power producers, power marketers, developers and third-party investors.' (filed 2025-11-05)
- Removed Israel-specific bullet: 'Responses in various countries where we have business operations to Israel's ongoing military conflicts on some of its borders or future similar conflicts may adversely affect our operations and may limit our ability to produce and sell our products.' (filed 2025-11-05)
- Removed detailed lease termination language and replaced with shorter version (filed 2026-05-07)
- Removed phrase: 'and support our Electricity segment' from Israel conditions risk (filed 2025-11-05)
- Reworded:
- Changed reference from '2024 Annual Report' to '2025 Annual Report' regarding material changes in risk factors (filed 2026-05-07)
- Shortened Israel conditions bullet from 'where the majority of our senior management and our main production and manufacturing facilities are located' to 'where much of our senior management and our main Product segment production and manufacturing facilities are located' (filed 2026-05-07)
- Changed Israel conditions bullet to add phrase about 'conflicts involving Iran and its proxies' (filed 2026-05-07)
- Removed 'may encounter delays' and replaced with 'may be delayed due to permitting, regulatory, interconnection and other factors' in business development risk (filed 2026-05-07)
- Removed detailed text about lease termination conditions and simplified to shorter version in geothermal lease risk (filed 2026-05-07)
- Notes:
- The newer filing text appears truncated at 'The absence of new or renewed BLM permits for solar PV projects on U.S. federal lands could impair our development activities, proje', making full comparison of that section impossible.
- The older filing text is also truncated, ending at the PURPA bullet point, limiting ability to confirm if there were additional risk factors removed beyond what is visible.
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 180 days · read to 2026-10-040 buys · 11 sells ($5M) — 8 selling insiders
Most recent open-market transaction: 2026-07-01. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about ORA's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding ORA as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 11,843,990
- Reported value $1,289,810,537
reported quarterly holdings change (2026-03-31 → 2026-06-30): 1 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about ORA's institutional holders → See what each manager we track holds →
Short interest (FINRA)
ORA had 6,060,513 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
ORA had 9.85% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 5.36 days to cover at the same settlement.
- Reported short interest (shares) 6,060,513
- Short interest (% of shares outstanding) 9.85%
- Prior settlement (shares) 5,599,917
- Reported change 8.23%
- Days to cover (reported) 5.36
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- NextEra Energy (NEE)
- Brookfield Renewable Partners
- Clearway Energy (CWEN)
- Enel Green Power
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does ORMAT TECH INC (ORA) do?
Ormat Technologies, Inc. is a vertically integrated company primarily engaged in the geothermal and recovered energy power business. The company designs, develops, builds, owns, and operates geothermal and recovered energy-based power plants and also provides energy storage solutions, while additionally manufacturing equipment for these energy projects.
What sector is ORMAT TECH INC (ORA) in?
ORMAT TECH INC (ORA) is classified in the Utilities sector. Its industry is Renewable Electricity. It trades on NYSE.
Does ORA pay a dividend?
Yes — ORMAT TECH INC (ORA) pays a dividend, with an indicated yield of about 0.49% and at least 4 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-09-02). Informational only — not financial advice.
Who are ORMAT TECH INC's (ORA) competitors?
Notable peers of ORMAT TECH INC (ORA) include NextEra Energy, Brookfield Renewable Partners, Clearway Energy and Enel Green Power. This peer set is informational only — not financial advice.
Is ORMAT TECH INC (ORA) overbought or oversold right now?
ORMAT TECH INC (ORA) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 37, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ORA come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.