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Ormat Technologies Inc

Ormat Technologies, Inc. is a holding company, which engages in the provision of geothermal and recovered energy power business. It operates through the following segments: Electricity, Products, and Other. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy-based power plants in the United States, and geothermal power plants in other countries. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation and remote power units, and provide services relating to the engineering, procurement, construction, operation and maintenance of geothermal and recovered energy-based power plants. The Other Segment segment offers energy storage, demand response and energy management related services energy storage, demand response, and energy management related services. The company was founded in 1965 and is headquartered in Reno, NV.
Sector
utilities
Industry
Renewable Energy Producers
CEO
Doron Blachar
Employees
1576
Address
6140 Plumas Street, Reno, NV, 89519-6075, US

MachinaScore

4
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
88$ (20.43% Upside)
Blogger Sentiment
Neutral
ORA Sentiment 60%
Hedge Fund Trend
Negative
By -16.16k Shares Last Quarter.
Insider Transactions
Very Negative
Worth -279.14M over the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days -0.02%
Last 30 Days -0.06%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-0.37
Trailing 12-Months
Fundamentals
Return on Equity
-0.37
Trailing 12-Months
Asset Growth
11.57
Trailing 12-Months
MG4 has emerged as the top-selling electric vehicle in the UK, surpassing Tesla's Model Y and Model 3, thanks to its competitive pricing and a strong warranty. As low-cost rivals enter the market, the UK remains free from tariffs on Chinese EV imports, fostering a diverse automotive landscape. The upcoming year is crucial for the profitability of electric vehicle sales amid increasing competition.

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