Ormat Technologies, Inc. (ORA)

Over the past six months, Ormat Technologies' stock has experienced significant growth, with a 101.78% change over the past year and a 52-week range between $61.93 and $128.97. As of February 6, 2026, the closing stock price was $123.15, near its all-time high of $129.71 on February 3, 2026. Key events impacting the stock include Q2 2025 earnings beat and a long-term geothermal pact, Q3 2025 earnings beat, investment in Sage Geosystems, a PPA with Switch, and the commercial operation of Arrowleaf. There were also reports of insider selling in November 2025, and Ormat Technologies was awarded the Telaga Ranu Geothermal Concession in Indonesia.

The demand for Ormat Technologies' core electricity generation products and services is generally less subject to significant seasonality compared to intermittent renewable sources like solar or wind, as geothermal energy is a baseload power source. The company benefits from a growing demand for baseload renewable energy and strong utility demand for geothermal energy, suggesting a consistent and increasing need for its offerings rather than fluctuating seasonal demand. The expansion into energy storage and solar PV also diversifies its portfolio, potentially mitigating any minor seasonal impacts on specific segments.

Ormat Technologies, Inc. (ORA) is a leading international company in the renewable energy sector, specializing in geothermal and recovered energy generation (REG), energy storage services, and solar photovoltaic (PV) solutions. The company operates as an independent power producer and an energy equipment manufacturer. Ormat's core technology revolves around high-efficiency turbines designed to generate electricity from low-heat sources, utilizing the Organic Rankine Cycle (ORC) to convert heat from geothermal sources or industrial waste streams into sustainable electricity without combustion. Its major products and services include the development, construction, ownership, and operation of geothermal and recovered energy-based power plants, energy storage facilities, and solar PV projects. Additionally, Ormat designs, manufactures, and sells power generating equipment, including turbines, generators, and heat exchangers, and offers turnkey power plant solutions and ongoing operations and maintenance services.

Ormat Technologies has a significant global presence, with its products and technology in use in 71 countries across six continents. The company develops, builds, owns, and operates geothermal power plants in various countries, including the United States, Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe. Its operations also extend to Turkey, Chile, New Zealand, France, and the Philippines. The company's headquarters are located in Reno, Nevada, U.S., with main production facilities in Yavne, Israel. Ormat has developed and constructed over 3,000 MW of clean energy projects in more than 30 countries.

Ormat Technologies has established a strong brand reputation as a leading company in the renewable energy sector, known for its innovation and commitment to advancing sustainable energy management solutions. The company is recognized for its expertise in geothermal technology and its vertically integrated business model. Ormat's reputation is built upon its ability to convert hot water and steam from local sources into electricity through an environmentally sound process that reinjects 100 percent of all geothermal fluid produced and consumes no water or chemicals. There have been no specific negative events significantly impacting Ormat Technologies' brand reputation reported in the past year.

Ormat Technologies, Inc. has a significant institutional ownership, with 670 institutional owners and shareholders holding a total of 60,842,526 shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., State Street Corp, Clal Insurance Enterprises Holdings Ltd, and Impax Asset Management Group plc. Vanguard Group Inc. holds 9.853% of the company's equities, while State Street Corporation holds 3.965% and Clal Insurance Enterprises Holdings Ltd. holds 3.573%. Corporate insiders own 0.56% of the company's stock.