Something went wrong
Ormat Technologies, Inc. (NYSE:ORA) is one of the
15 Best Power Generation Stocks To Buy For Data Center Demand.
On May 6, 2026, Ormat Technologies, Inc. (NYSE:ORA) reported Q1 adjusted EPS of $1.30, well above the 90c consensus estimate, while revenue rose to $403.9M from expectations of $349.2M. Chief Executive Officer Doron Blachar said the company delivered strong growth across all business segments, with operating income rising 57.6% year over year, adjusted EBITDA increasing 29.7%, and adjusted diluted EPS climbing 91.2%. He added that the performance reflected continued strength in Ormat’s Energy Storage and Product segments alongside the resilience of its diversified portfolio.
Ormat Technologies, Inc. (NYSE:ORA) expects FY26 revenue of $1.11B-$1.16B compared to consensus estimates of $1.14B, while adjusted EBITDA is projected at $615M-$645M.
Photo from X-Energy website
Last month, JPMorgan lowered its price target on Ormat Technologies, Inc. (NYSE:ORA) to $106 from $108 and maintained a Neutral rating as part of a broader clean energy and power infrastructure sector update ahead of Q1 earnings. The firm said the sector continues to operate in a “catalyst-rich environment,” supported by data center contract announcements and rising order volumes, while maintaining a preference for companies with U.S.-based manufacturing exposure, diversified end markets, and strong balance sheets.
Ormat Technologies, Inc. (NYSE:ORA) operates geothermal and recovered energy power businesses across the United States and several international markets.
While we acknowledge the potential of ORA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
Disclosure: None. Follow Insider Monkey on Google News.
Sign in to access your portfolio