JPMorgan cuts target to USD 98 for Ormat Technologies stock

Published on 10/27/2026 at 16:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are due November 4, 2026 after the market closes. Ormat Technologies stock costs EUR 79.75 on October 27, 2026 at 4:42 p.m. CET.

Analyst target and reporting date

JPMorgan cut its Ormat Technologies target from USD 131.00 to USD 98.00 on October 19, 2026.
Ormat Technologies will publish third-quarter results on November 4, 2026, after the market closes.
Ormat Technologies stock costs EUR 79.75 at Lang & Schwarz on October 27, 2026 at 4:42 p.m. CET.

Ormat Technologies, US6866881021, Illustration mit AI erstellt.

Ormat Technologies (ISIN US6866881021) faces a lower JPMorgan target of USD 98.00 after the bank cut its previous USD 131.00 target on October 19, 2026. According to MarketBeat, the Neutral rating was maintained. The USD 98.00 target stands 10.10 percent above the USD 89.01 NYSE price at 11:54 a.m. EDT on October 27, 2026. At Lang & Schwarz, the stock was trading at EUR 79.75 on October 27, 2026 at 4:42 p.m. CET.

JPMorgan resets the valuation bar

The target reduction of USD 33.00 gives investors a clear valuation marker ahead of the next earnings release. MarketBeat reported that the new target implied 13.37 percent upside from the prior US closing price cited in its October 19 article, while the same report placed Ormat Technologies near its USD 85.77 52-week low.

The latest reported quarter also provides a measurable operating comparison. Ormat Technologies generated USD 258.76 million of revenue in the second quarter of 2026, up 10.60 percent from the prior-year quarter, and earned USD 0.50 per share against a USD 0.26 consensus estimate, according to MarketBeat.

When are the next results due?

Ormat Technologies plans to publish third-quarter 2026 results on November 4, 2026, after the market closes. The company scheduled its conference call for November 5, 2026, at 10:00 a.m. ET, according to Markets Insider.

For the upcoming report, revenue growth and earnings per share will be the key comparison points. The second-quarter revenue of USD 258.76 million provides the latest company-specific benchmark, while JPMorgan's USD 98.00 target gives the market a dated external valuation reference.

Price and valuation in view

Ormat Technologies operates geothermal generation, recovered-energy facilities and energy storage projects. Its reported market capitalization was USD 5.5 billion on October 27, 2026, while the 52-week range was USD 85.77 to USD 146.39. The current NYSE price of USD 89.01 remains near the lower end of that range.

At Lang & Schwarz, Ormat Technologies was trading at EUR 79.75 on October 27, 2026 at 4:42 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of Ormat Technologies stock.