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ORA · Ormat Technologies, Inc.

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$90.45 +0.00 (+0.00%) At close · Nov 13
Market Cap
$5.56B
Shares
61.50M
Volume · Nov 13 710.57K Avg daily vol (3M) 850.72K

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$90.45 Open$90.17 Day$88.45–90.72 52W close$86.64–145.10 Avg vol 30d865K Short int6.4M · 10.5% of shares · 7.0d Short vol55% Last earningsNov 5, 2026 DataJan 2020–Nov 2026 Filing10-Q · Nov 5

Up next

Feb 25, 2027 Est · unconfirmed · in 15 wks

Latest documents

2026
Nov 5
Earnings call
Ormat raises full-year guidance after strong third quarter

Ormat raised full-year revenue guidance to $1.17 billion to $1.2 billion and adjusted EBITDA guidance to $640 million to $650 million after third-quarter revenue increased 10.2% and adjusted EBITDA rose 11.1% to $153.8 million.

4 source passages
Ormat delivered a strong third quarter, building on the momentum we have sustained throughout the first nine months of the year. During the third quarter, revenue increased 10.2%. And adjusted EBITDA grew 11.1% compared with the prior year period, reaching a third-quarter record. Adjusted EBITDA increase, 11.1%, to a third quarter record of $153.8 million. We now expect total revenue of $1.17 billion to $1.2 billion, representing growth of approximately 19.7% at the midpoint compared with 2025. We now expect adjusted EBITDA of $640 million to $650 million, representing growth of approximately 10.8% at the midpoint compared with 2025. Open the document at this passage
Nov 5
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Quarterly report for FY2026 Q3 AI summary on its way
Revenue $275.12M ▲ 10.2% Net income $31.91M ▲ 32.2% Diluted EPS $0.51 ▲ 30.8%
Nov 4
Current report 8-K
Storage growth lifts results and raises guidance

Ormat Technologies reported third-quarter revenue up 10.2% and Adjusted EBITDA up 11.1%, driven by Energy Storage revenue rising 145.2%. It raised full-year guidance midpoints and increased estimated EGS potential to 5 to 6 GW.

Financial results
5 source passages
RENO, Nev. November 4, 2026, Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced financial results for the third quarter ended September 30, 2026. Revenue increased 10.2%, net income attributable to stockholders rose 32.2%, and Adjusted EBITDA grew 11.1%. Energy Storage revenues for the three months ended September 30, 2026, increased 145.2% compared to the prior year period. Our year-to-date performance and fourth-quarter outlook support an increase in the midpoints of our full-year revenue and Adjusted EBITDA guidance Ormat estimates that this expanded land position could support approximately 5 to 6 GW of potential future EGS development, compared with the approximately 3 to 4 GW estimate presented at Investor Day. Open the document at this passage
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$1.21B
Trailing 12 months
Net income (TTM)
$134.41M
Trailing 12 months
Revenue growth YoY
+10.2%
Year over year
Operating margin
16.7%
Trailing 12 months
P / E (TTM)
41.9
Trailing earnings · reciprocal yield 2.4%
FCF yield
-4.2%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$2.51B
Latest balance sheet
Dividend yield
0.5%
Trailing 12 months
Shares change YoY
+1.5%
Year over year · more shares
Price change (1Y)
-16.2%
Trailing year
Short interest
10.5%
Latest settlement · 7.0 days to cover
View all 125 metrics

AI Brief

Q3 FY26 earnings call · Nov 5, 2026
Q3 FY26

TL;DR. Ormat delivered double-digit third-quarter growth, strong energy storage revenue growth and margins, and raised the midpoints of full-year revenue and adjusted EBITDA guidance. It also expanded its EGS potential and targets 2030 revenue and adjusted EBITDA run rates exceeding $1.5 billion and $1 billion, respectively. Electricity and product revenue declined, Puna clean-out work will temporarily reduce fourth-quarter revenue, and 2027 PGM merchant prices are expected to be below 2026 levels.

Bullish
  • + Third-quarter revenue increased 10.2%, net income attributable to stockholders rose 32.2%, and adjusted EBITDA increased 11.1%.
  • + Energy storage revenue increased 145.2% to $49.9 million, and segment gross margin was 62.1%.
  • + Ormat raised the midpoint of full-year revenue and adjusted EBITDA guidance to $1.17 billion-$1.2 billion and $640 million-$650 million, respectively.
  • + Consolidated gross profit increased 20.8% to $77.4 million, and gross margin expanded 250 basis points to 28.1%.
  • + Ormat expanded its EGS land position to approximately 170,000 acres and increased its estimated potential to 5-6 GW from 3-4 GW.
  • + Ormat targets annual revenue and adjusted EBITDA run rates exceeding $1.5 billion and $1 billion, respectively, by the end of 2030, excluding EGS.
Bearish
  • − Electricity segment revenue declined 2.1% year over year to $163.7 million.
  • − Electricity gross margin declined 330 basis points to 22.2%.
  • − Product segment revenue declined 1.2% year over year to $61.5 million.
  • − Product gross margin declined 520 basis points to 16.5%.
  • − Puna well clean-out work is expected to temporarily reduce fourth-quarter electricity revenue.
  • − Management expects 2027 PGM merchant prices to be lower than 2026 levels, which were more than double 2025 prices.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Sell Momentum Very Weak Sentiment Neutral Fundamentals Poor Quant / Vol High
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Sell
50 / 200-day cross No cross
Price vs 200-day avg −18%
below
Price vs 50-day avg −2%
below
RSI (14) 47
neutral
MACD trend Positive
52-week position 7%
near low
Momentum
relative strength
Very Weak
1-month return +1%
trailing
6-month return −35%
trailing
YTD return −18%
this year
Relative strength −35%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $92 › 200d $110 — 200d above 50d
Institutional flow Accumulating
390 of 444 funds reported for Sep 30 · net +1.5M sh shares · +42 new
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
10.46% of shares out · ▲ +7.9% MoM · 7.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
444 holders — near 3-yr high, broad support
Squeeze score 75
high risk · 0–100
Fundamentals
Poor
Revenue growth +4%
Y/Y
Gross margin 38%
contracting
EPS growth −1%
Y/Y
Free cash flow $-284.7M
Balance sheet $2.5B
net debt
Quant / Vol
risk profile
High
Volatility 38%
annualized · 1-yr
Max drawdown −40%
past year
ATR 3.2%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 5 of last 6
Latest guidance · from the Earnings Call filed Aug 6, 2026
full year 2026
Total revenues Maintained $1.15B – $1.2B
Aug 5, 2026 $1.15B – $1.2B changed to Aug 6, 2026 $1.15B – $1.2B
prior FY $989.54M midpoint +18.7% Y/Y
Electricity revenue $710M – $725M
Product revenue $300M – $320M
Adjusted EBITDA Non-GAAP Maintained $630M – $650M
Aug 5, 2026 $630M – $650M changed to Aug 6, 2026 $630M – $650M
Tax credit monetization proceeds $90M
ITC benefits $59.9M
second half of the year
Effective income tax benefit rate 15%
remainder of 2026
Capital expenditures for the remainder of 2026 $449M
Capital expenditures allocated to the electricity segment for co $281M
Capital expenditures allocated to storage asset construction $129M
Capital expenditures allocated to the SLB pilot and other EGS ac $20M
Previous outlook earlier release · from the 8-K filed Aug 5, 2026

Still-open targets the latest release did not restate under the same label.

Electricity segment revenues · full-year 2026 $710M – $725M
Product segment revenues · full-year 2026 $300M – $320M
Energy Storage revenues · full-year 2026 $140M – $155M
Guided vs delivered · last 6 settled
Total revenue 2025
guided $960M – $980M
$989.54M Beat +2.0%
Total revenues 2024
guided $875M – $910M
$879.65M In line
Total revenues 2023
guided $825M – $838M
$829.42M In line
Total revenues 2022
guided $720M – $735M
$734.16M In line

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell
2 · 3 · 1
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−18% Bearish
Price vs 50-day avg
−2% Neutral
RSI (14)
47 Neutral
MACD trend
Positive Bullish
52-week position
7% Bearish
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross) No cross
50d $92 › 200d $110 — 200d above 50d
Institutional flow Accumulating
390 of 444 funds reported for Sep 30 · net +1.5M sh shares · +42 new
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
10.46% of shares out · ▲ +7.9% MoM · 7.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
444 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $87 Now $90 · 7% Range high $145
vs 200-day avg -18% vs 50-day avg -2%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Power generation in our power plants 1,800,289 the three months ended June 30, 2026 filing —
Adjusted Diluted EPS non-GAAP $1.79 H1 2026 —
Adjusted EBITDA non-GAAP $338.8M H1 2026 —
Adjusted Net income attributable to the Company’s stockholders non-GAAP $111.3M H1 2026 —
Product backlog $202.8M as of August 5, 2026 —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Utilities - Renewable — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
ORA
Ormat Technologies, Inc.
this stock
$5.56B -18.1% +3.8% 41.9 10.5%
AXIAY
AXIA Energia S.A.
$20.99B — — — 0.1%
BEP
Brookfield Renewable Partners L.P.
$20.50B +11.2% — — 0.3%
EDRVY
EDP Renewables S.A.
$16.40B — — — 0.0%
ENLT
Enlight Renewable Energy Ltd.
$9.24B +45.3% — — 0.9%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
422
% held
95.8%
Reported
390 of 444
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
413
View
Short & Settlement
Short Interest Rising
Shares short
6.4M
Days to cover
7.0d
Change
+472.6K sh
View
Short Volume
Short vol %
55%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
271
Value
$24.7K
As of
Oct 14, 2026
View
Off-Exchange
Off-exchange %
37.9%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Sell
Member
Sara Jacobs
Amount
$15.0K–$50.0K
Traded
Apr 9, 2021
View
Financials
Financials
Revenue (FY)
$719.3M
Net income (FY)
$123.9M
EPS diluted
$2.02
View
Filings
SEC Filings
Latest
10-Q
Filed
Nov 5, 2026
This year
16
View
Proposed Sales
Value
$34.6K
Shares
250
Filed
May 27, 2026
View
Earnings & Events
Webcasts
Last webcast
Nov 5, 2026
View
Investor Relations
Latest news
Ormat Technologies Reports Third…
Published
Nov 4, 2026
View

Performance

5D 20D 120D MTD YTD
ORA -1.6% +1.3% -35.0% +0.9% -18.1%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY -4.2% +2.4% -35.5% +1.0% -28.7%

Capital returns

Latest dividend
$0.12 / share · ex Aug 19, 2026
Declared · upcoming
$0.12 / share · ex Nov 18, 2026
Raised 9.1%
Paid (TTM)
$0.48 / share · 4 payouts
Dividend yield (TTM, derived)
0.53%
Full dividend history

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1296445 CUSIP 686688102 13F (30d) 345 filings 299 filers Visit website Investor relations