# Ormat Technologies, Inc.  Share Price Target ‘$82.67’, now 13.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/ormat-technologies-inc.share-price-target-82.67-now-13.7-upside-potential/4121168730
- Published: 2024-08-15T13:03:36+01:00
- Author: Charlotte Edwards

**Ormat Technologies, Inc.** with ticker code (ORA) have now 6 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $102.00 and $75.00 calculating the mean target share price
we have $82.67. (at the time of writing). Given that the stocks previous close was
at $72.70 this now indicates there is a potential upside of 13.7%. There is a 50
day moving average of $73.80 and the 200 day moving average is $69.08. The market
capitalization for the company is 4.40B. The stock price is currently at: $72.72
USD

 The potential market cap would be $4,999,033,021 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 33.36, revenue per share of $14.68
and a 2.16% 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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