Update shared on05 Sep 2025
With both the future P/E and discount rate remaining nearly flat, there is little fundamental change to Ormat Technologies' outlook, reflected in the analyst price target holding steady at $94.60.
What's in the News
- Commenced commercial operations at the 60MW/120MWh Lower Rio energy storage facility in Texas, securing a seven-year tolling agreement and monetizing $25 million in tax credits through a partnership with Morgan Stanley Renewables.
- Signed a strategic agreement with Sage Geosystems to pilot advanced Pressure Geothermal technology at an Ormat power plant, granting future rights to deploy and operate geothermal and energy storage projects using this technology.
- Secured a 25-year extension to the 52MW Heber 1 geothermal facility PPA with the Southern California Public Power Authority, ensuring long-term clean energy delivery to major public utilities through 2052.
- Issued 2025 revenue guidance of $935 million to $975 million.
- Completed the $88 million acquisition of the 20MW Blue Mountain geothermal power plant in Nevada, with plans to upgrade capacity and add a 13MW solar facility, funded through bank debt.
Valuation Changes
Summary of Valuation Changes for Ormat Technologies
- The Consensus Analyst Price Target remained effectively unchanged, at $94.60.
- The Discount Rate for Ormat Technologies remained effectively unchanged, moving only marginally from 8.03% to 8.04%.
- The Future P/E for Ormat Technologies remained effectively unchanged, moving only marginally from 42.36x to 42.38x.
Disclaimer
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