# Ormat Technologies, Inc.  Share Price Target ‘$79.50’, now 7.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/ormat-technologies-inc.share-price-target-79.50-now-7.7-upside-potential/4121160218
- Published: 2024-06-13T13:06:08+01:00
- Author: Charlotte Edwards

**Ormat Technologies, Inc.** with ticker code (ORA) have now 6 analysts in total
covering the stock. The consensus rating is pointing to ‘buy’. The range between
the high target price and low target price is between $100.00 and $69.00 suggesting
an average analyst share price target price of $79.50. (at the time of writing).
Given that the stocks previous close was at $73.79 and the analysts are correct 
then we can expect a percentage increase in value of 7.7%. It’s also worth noting
that there is a 50 day moving average of $68.87 and the 200 day MA is $68.49. The
company has a market cap of 4.56B. The stock price is currently at: $75.44 USD

 The potential market cap would be $4,910,935,669 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 34.14, revenue per share of $14.39
and a 2.01% return on assets.

Ormat Technologies, Inc. is a vertically integrated company, which is primarily 
engaged in the geothermal energy power business. The Company operates through three
segments: Electricity, Product and Energy Storage. Electricity segment develops,
builds, owns and operates geothermal, solar Photovoltaic (PV) and recovered energy-
based power plants in the United States and geothermal power plants in other countries
around the world and sells the electricity they generate. Product Segment designs,
manufactures and sells equipment for geothermal and recovered energy-based electricity
generation and provides services relating to the engineering, procurement and construction
of geothermal and recovered energy-based power plants. Energy Storage Segment owns
and operates grid connected In Front of the Meter (IFM) BESS facilities, which provide
capacity, energy and ancillary services directly to the electric grid.

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