On June 6, 2025, Ormat Technologies (ORA, Financial) received an optimistic update from the analyst firm Barclays. The rating for Ormat Technologies was upgraded by analyst David Anderson from 'Equal-Weight' to 'Overweight'. This marks a significant shift in the firm's outlook on the company's performance in the stock market.
In addition to the rating upgrade, Barclays also increased the price target for Ormat Technologies (ORA, Financial). The new price target is set at $86.00, up from the previous target of $80.00. This adjustment represents a 7.50% increase in the price target, indicating a positive sentiment towards the future performance of Ormat Technologies.
The rating and price target upgrades by Barclays highlight the company's potential for growth and its promising future prospects. These updates are essential indicators for investors considering Ormat Technologies (ORA, Financial) as a viable investment option.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Ormat Technologies Inc (ORA, Financial) is $84.00 with a high estimate of $100.00 and a low estimate of $76.00. The average target implies an upside of 11.82% from the current price of $75.12. More detailed estimate data can be found on the Ormat Technologies Inc (ORA) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Ormat Technologies Inc's (ORA, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Ormat Technologies Inc (ORA, Financial) in one year is $91.21, suggesting a upside of 21.42% from the current price of $75.12. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Ormat Technologies Inc (ORA) Summary page.
