ORMAT TECHNOLOGIES, INC.
In the published model solve dated 2026-Q2, anchored at $89.66, ORMAT TECHNOLOGIES, INC. (ORA) is priced for +17.3% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
Ormat is a capital-heavy, contracted geothermal independent power producer, and reading it as such is the key. Its electricity segment, about 80% of revenue, sells baseload power under long-term agreements, the steady core, while product and energy storage add growth. At $127.73 only the growth-DCF reaches the price; the static frames call it richly valued. The quarter was a record. Q1 2026 revenue rose 76% to $403.9 million, adjusted EPS of $1.30 beat by 41%, energy storage revenue grew 153%,
Is ORA overvalued? See what's priced in →
398 institutional managers reported holding ORA in 13F filings for the quarter ended 2026-03-31. Together they hold about 84% of the company; the top 10 hold 48%. 69 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 4.9M shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (5.9 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
ORA's share count grew 8.9% over the past five years even with $42.36M spent on repurchases. It pays a dividend, and has paid one every year in our records (17 and counting); the current rate is $0.48 a share annually. Cash returned over the past three years: $80.14M in dividends and $24.39M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at ORA over the trailing three years. Absence is a fact about the company, not a signal. 13 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
ORA's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-05 | -2.6% | -12.2% |
| 2023-11-10 | -2.9% | +15.1% |
| 2024-02-24 | -4.2% | -2.0% |
| 2024-05-11 | +2.6% | +7.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
ORA's latest 8-K filings: 2026-11-04 (items 2.02, 9.01); 2026-08-05 (items 2.02, 9.01); 2026-06-05 (items 5.07); 2026-05-06 (items 2.02, 9.01); 2026-03-23 (items 1.01, 2.03, 3.02, 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.