Ormat Technologies (ORA) Price Target Raised Following Strong Q1
Ormat Technologies, Inc. has had its price target raised by Roth Capital following a strong first quarter. The company reported record revenue growth of 75.8% year-over-year, exceeding profit and revenue forecasts. Despite some challenges in its Electricity segment, Ormat reaffirmed its fiscal guidance for 2026, anticipating significant revenue growth.
- ▪Roth Capital increased its price target on Ormat Technologies from $130 to $135.
- ▪Ormat Technologies reported a record first-quarter revenue with 75.8% year-over-year growth.
- ▪The company expects its fiscal year 2026 revenue to range between $1.11 billion and $1.16 billion.
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Ormat Technologies (ORA) Price Target Raised Following Strong Q1 Sultan Khalid Mon, May 18, 2026 at 3:13 AM PDT 2 min read ORA -2.90% Trade ORA on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Learn more Ormat Technologies, Inc. (NYSE:ORA) is included among the 10 Best Clean Energy Stocks to Buy Right Now. Ormat Technologies (ORA) Price Target Raised Following Strong Q1 Ormat Technologies, Inc.
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