On October 3, 2026, Wall Street Zen downgraded Ormat Technologies (ORA) to Strong Sell from Sell.
Ormat recently reported quarterly earnings of $0.50 per share. Analysts had expected $0.26 per share.
Quarterly revenue was $258.76 million. That was a 10.6% increase year over year and exceeded expectations.
The broader analyst consensus remains Moderate Buy. The consensus price target is $130.75.
Ormat shares opened at $92.86 on the day of the downgrade. Other analyses point to weak near- and mid-term sentiment that could pressure the stock. Institutional investors own more than 95% of the company.