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Piper Sandler Remains a Buy on Ormat Techno (ORA)

Tipranks - Fri Aug 7, 6:46AM CDT

Piper Sandler analyst Derek Podhaizer maintained a Buy rating on Ormat Techno today and set a price target of $142.00.

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Podhaizer covers the Energy sector, focusing on stocks such as Helmerich & Payne, Cactus, and SLB. According to TipRanks, Podhaizer has an average return of 16.4% and a 59.60% success rate on recommended stocks.

Ormat Techno has an analyst consensus of Moderate Buy, with a price target consensus of $135.60.

Based on Ormat Techno’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $403.91 million and a net profit of $44.07 million. In comparison, last year the company earned a revenue of $229.76 million and had a net profit of $40.36 million

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ORA in relation to earlier this year. Most recently, in May 2026, STANLEY STERN, a Director at ORA sold 250.00 shares for a total of $34,605.00.

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