$79.01
0.60% yesterday
NYSE, Nov 15, 10:10 pm CET
ISIN
US6866881021
Symbol
ORA

Ormat Technologies Target price 2024 - Analyst rating & recommendation

Ormat Technologies Classifications & Recommendation:

Buy
38%
Hold
50%
Sell
13%

Ormat Technologies Price Target

Target Price $86.14
Price $79.01
Potential
Number of Estimates 7
7 Analysts have issued a price target Ormat Technologies 2025 . The average Ormat Technologies target price is $86.14. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 8 analysts: 3 Analysts recommend Ormat Technologies to buy, 4 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Ormat Technologies stock has an average upside potential 2025 of . Most analysts recommend the Ormat Technologies stock at Hold.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 829.42 885.31
12.98% 6.74%
EBITDA Margin 48.53% 61.71%
8.88% 27.16%
Net Margin 15.17% 12.77%
57.36% 15.80%

6 Analysts have issued a sales forecast Ormat Technologies 2024 . The average Ormat Technologies sales estimate is

$885m
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. This is
0.56% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$889m 0.14%
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, the lowest is
$882m 0.93%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $829m 12.98%
2024
$885m 6.74%
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2025
$979m 10.64%
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2026
$1.1b 11.99%
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2027
$1.2b 8.31%
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2028
$1.2b 4.58%
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6 Analysts have issued an Ormat Technologies EBITDA forecast 2024. The average Ormat Technologies EBITDA estimate is

$546m
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. This is
26.14% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$548m 26.53%
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, the lowest is
$544m 25.59%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $403m 2.94%
2024
$546m 35.73%
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2025
$599m 9.65%
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2026
$645m 7.67%
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2027
$732m 13.49%
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2028
$794m 8.46%
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EBITDA Margin

2023 48.53% 8.88%
2024
61.71% 27.16%
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2025
61.16% 0.89%
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2026
58.80% 3.86%
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2027
61.61% 4.78%
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2028
63.89% 3.70%
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6 Ormat Technologies Analysts have issued a net profit forecast 2024. The average Ormat Technologies net profit estimate is

$113m
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. This is
4.60% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$123m 4.07%
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, the lowest is
$97.4m 17.86%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $126m 77.78%
2024
$113m 10.10%
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2025
$136m 20.48%
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2026
$153m 12.35%
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2027
$150m 2.02%
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2028
$178m 18.95%
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Net Margin

2023 15.17% 57.36%
2024
12.77% 15.80%
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2025
13.91% 8.93%
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2026
13.96% 0.36%
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2027
12.62% 9.60%
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2028
14.36% 13.79%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 2.08 1.87
77.78% 10.10%
P/E 42.25
EV/Sales 8.09

6 Analysts have issued a Ormat Technologies forecast for earnings per share. The average Ormat Technologies <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$1.87
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. This is
4.59% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$2.04 4.08%
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, the lowest is
$1.61 17.86%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $2.08 77.78%
2024
$1.87 10.10%
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2025
$2.25 20.32%
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2026
$2.53 12.44%
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2027
$2.48 1.98%
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2028
$2.95 18.95%
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P/E ratio

Current 40.36 20.26%
2024
42.25 4.68%
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2025
35.07 16.99%
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2026
31.22 10.98%
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2027
31.86 2.05%
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2028
26.78 15.94%
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Based on analysts' sales estimates for 2024, the Ormat Technologies stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 8.04 14.37%
2024
8.09 0.58%
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2025
7.31 9.61%
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2026
6.53 10.71%
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2027
6.03 7.67%
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2028
5.76 4.38%
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P/S ratio

Current 5.37 16.25%
2024
5.40 0.56%
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2025
4.88 9.61%
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2026
4.36 10.71%
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2027
4.02 7.67%
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2028
3.85 4.38%
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