Ormat Technologies Stock Target Price and Analyst Consensus

ORA Stock  USD 66.19  0.10  0.15%   
The current analyst and expert consensus on Ormat Technologies is Buy with 5 hold recommendations. The current projected Ormat Technologies target price consensus is 87.5 with 8 analyst opinions. One of the most common ways Ormat Technologies analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Ormat Technologies vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Ormat Technologies. We strongly encourage you to use your own analysis of Ormat Technologies to validate this buy or sell advice. Ormat Technologies recommendation module provides expert sentiment on the projected Ormat Technologies target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Ormat Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
Lowest Forecast
79.63
Highest Forecast
97.13
Target Price
87.5
The current year's Net Profit Margin is expected to grow to 0.16, whereas Gross Profit is forecasted to decline to about 178.3 M. At present, Ormat Technologies' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 2.2 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 48.2 M.
  
It's important to approach Ormat Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Ormat Technologies Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ormat target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Ormat Technologies' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   8  Buy
Most Ormat analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Ormat stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Ormat Technologies, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Ormat Technologies Target Price Projection

Ormat Technologies' current and average target prices are 66.19 and 87.50, respectively. The current price of Ormat Technologies is the price at which Ormat Technologies is currently trading. On the other hand, Ormat Technologies' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Ormat Technologies Market Quote on 29th of March 2024

Low Price66.05Odds
High Price67.25Odds

66.19

Target Price

Analyst Consensus On Ormat Technologies Target Price

Low Estimate79.63Odds
High Estimate97.13Odds

87.5

Historical Lowest Forecast  79.63 Target Price  87.5 Highest Forecast  97.13
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Ormat Technologies and the information provided on this page.

Ormat Technologies Analyst Ratings

Ormat Technologies' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Ormat Technologies stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Ormat Technologies' financials, market performance, and future outlook by experienced professionals. Ormat Technologies' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Ormat Technologies price targets

Ormat Technologies' stock target price is an estimate of its future price, usually made by analysts. Using Ormat Technologies' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Ormat Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Ormat Technologies' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Ormat Technologies Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Ormat Technologies is a key component of Ormat Technologies valuation and have some predictive power on the future returns of a Ormat Technologies.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ormat Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
64.2766.1267.97
Details
Intrinsic
Valuation
LowRealHigh
59.5777.7679.61
Details
Naive
Forecast
LowNextHigh
65.1767.0168.86
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.470.630.78
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ormat Technologies. Your research has to be compared to or analyzed against Ormat Technologies' peers to derive any actionable benefits. When done correctly, Ormat Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ormat Technologies.

Trending Themes

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When determining whether Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
Check out Macroaxis Advice on Ormat Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Ormat Technologies' price analysis, check to measure Ormat Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ormat Technologies is operating at the current time. Most of Ormat Technologies' value examination focuses on studying past and present price action to predict the probability of Ormat Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ormat Technologies' price. Additionally, you may evaluate how the addition of Ormat Technologies to your portfolios can decrease your overall portfolio volatility.
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The data published in Ormat Technologies' official financial statements usually reflect Ormat Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ormat Technologies. For example, before you start analyzing numbers published by Ormat accountants, it's critical to develop an understanding of what Ormat Technologies' liquidity, profitability, and earnings quality are in the context of the Independent Power and Renewable Electricity Producers space in which it operates.
Please note, the presentation of Ormat Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ormat Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ormat Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ormat Technologies. Please utilize our Beneish M Score to check the likelihood of Ormat Technologies' management manipulating its earnings.