Risk factor
Negligible price volatility
Profitability factor
Greatly overvalued vs peers
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Data is available to registered users only | Data is available to registered users only | Data is available to registered users only | Data is available to registered users only |
Data is available to registered users only | Data is available to registered users only | Data is available to registered users only | Data is available to registered users only |
Data is available to registered users only | Data is available to registered users only | Data is available to registered users only | Data is available to registered users only |
About
Ormat Technologies, Inc. actively participates in the geothermal and recovered energy power sector, conducting operations across the globe in regions such as the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, and the Philippines. The company's diverse activities are organized into three principal segments: Electricity, Product, and Energy Storage. Through its Electricity segment, Ormat develops, constructs, owns, and manages power plants utilizing geothermal, solar photovoltaic, and recovered energy sources, subsequently selling the generated electricity. The Product segment focuses on the design, manufacturing, and sale of specialized equipment for geothermal and recovered energy power generation, alongside offering engineering, procurement, and construction (EPC) services for these facilities. Complementing these, the Energy Storage segment delivers advanced battery energy storage systems and associated support services. Ormat caters to a diverse clientele, including contractors, operators of geothermal plants, owners and operators of interstate natural gas pipelines, gas processing facilities, cement plants, and biomass facilities, as well as various other companies involved in energy-intensive industrial operations. Established in 1965, the company maintains its corporate headquarters in Reno, Nevada.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive
Target Price
The average target price of ORA is 127 and suggests 14.1% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation