Ormat Technologies stock trades at EUR 78.10 with USD 5.3 billion value
Published on 10/22/2026 at 09:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and quarterly growth
- JPMorgan cut its Ormat target from USD 131 to USD 98 on October 19, 2026.
- Second-quarter 2026 revenue rose 10.60 percent to USD 258.8 million.
- Ormat Technologies stock traded at EUR 78.10 at 9:43 a.m. CEST at Lang & Schwarz on October 22, 2026.
Ormat Technologies (ISIN US6866881021) was trading at EUR 78.10 at Lang & Schwarz on October 22, 2026 at 9:43 a.m. CEST. The latest analyst move came from JPMorgan, which cut its price target from USD 131 to USD 98 on October 19, 2026, while maintaining a neutral rating, as MarketBeat reported.
Quarterly growth remains visible
Ormat's second-quarter 2026 revenue rose 10.60 percent to USD 258.8 million, while adjusted earnings per share reached USD 0.50 against a USD 0.26 consensus estimate. The figures were reported by Benzinga on October 9, 2026.
The same report said adjusted EBITDA increased 6.90 percent to USD 143.9 million in the quarter. Ormat also raised its full-year 2026 revenue guidance to USD 1.15 billion to USD 1.20 billion and adjusted EBITDA guidance to USD 630 million to USD 650 million.
What does the target cut change?
The JPMorgan target now sits USD 33 below its previous USD 131 level. Against the latest NYSE close of USD 89.42 on October 21, 2026, the revised USD 98 target remains a separate US-dollar valuation reference rather than a euro price comparison.
Three dated developments
On August 5, 2026, Ormat reported second-quarter adjusted earnings per share of USD 0.50 against a USD 0.26 consensus estimate, according to MarketBeat. On October 9, 2026, Benzinga reported second-quarter revenue of USD 258.8 million and adjusted EBITDA of USD 143.9 million. On October 19, 2026, JPMorgan cut its target from USD 131 to USD 98, as MarketBeat reported.
Price and valuation
Ormat Technologies has a market capitalization of USD 5.3 billion, with a 52-week range of USD 85.77 to USD 146.39, according to MarketBeat's October 19, 2026 market data. On the NYSE, the stock closed at USD 89.42 on October 21, 2026. Ormat Technologies was trading at EUR 78.10 at Lang & Schwarz on October 22, 2026 at 9:43 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Ormat Technologies stock.
Ormat Technologies stock facts
- Company: Ormat Technologies Inc.
- ISIN: US6866881021
- Ticker: ORA
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 22, 2026, 9:43 a.m. CEST): EUR 78.10
- Market capitalization: USD 5.3 billion (as of October 19, 2026)
- 52-week range: USD 85.77-146.39 (as of October 19, 2026)
- Sector / Industry: Renewable energy
Market context: Market report S&P 500.
