ORA · Ormat Technologies, Inc. — research history
Complete research history. Every dossier, draft, kill, publish, and lesson the system has produced on ORA. Public so users can audit, AI can re-reference. Live price refreshes every 60s.
About ORA · Ormat Technologies, Inc.
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indonesia, the Philippines, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The 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. The Energy Storage segment owns and operates grid-connected, stand alone In Front of the Meter (IFM) battery energy storage BESS facilities, which provide capacity, energy, and ancillary services directly to the electric grid. The company serves contractors, geothermal plant owners and operators, interstate natural gas pipeline owners and operators, gas processing plant owners and operators, cement plant owners and operators, and biomass facilities owners and operators, as well as other companies engaged in energy-intensive industrial processes. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.
Live Quote
HOLD (score +1) · 12-1 mom 55.2% · RSI 38.1 · above_200_only · -15.0% from high
Targets blend Wall Street consensus (12 analysts: low $115.00 / mean $133.75 / high $152.00) with chart-derived floors and ceilings.
1-Year Chart · RSI · MACD
Research Timeline
Newest first. Each entry shows what stage produced it, the verdict/decision, and the reasoning.
Ormat is a geothermal/recovered-energy power company with strong Q1 earnings beat (+91% EPS growth YoY) and record revenue ($403.9M vs $349.2M consensus). The investigation trigger cited insider Form 4 clusters, but every single recent filing in the past 90 days represents SELLING or equity compensation vesting followed by immediate sale — there are zero open-market P (purchase) transactions among any named insiders. CFO Assi Ginzburg and EVP Ofer Benyosef both exercised SARs and sold into strength; directors Granot, Marom, Wong, Stern all sold in the $130-$135 range near 52-week highs. The company closed a $1B convertible notes offering (March 2026), using proceeds to retire older 2027 notes, and guided positively for full-year 2026 — yet insider selling at these levels is uniformly bearish directional signal. Forward P/E of ~54x and EV/EBITDA of ~21x are stretched versus sector medians, the stock is near all-time highs (3.4% from ATH), and IV on front expirations runs 39-56% — rich enough for covered-call premium but not a mispricing play.
Lessons Referencing This Ticker
For pre-revenue mining companies, the key earnings catalyst is operational progress (mine start-up, production targets, permitting status), not EPS. EPS misses are expected and priced in. Market reaction is driven by whether operational milestones are met or delayed, not financial performance. Score catalysts based on operational milestone significance, not EPS surprise potential.
extracted Jun 19, 2026 from 2026-06-01-UEC-earnings-put-spread