$ORA

Ormat Technologies (ORA) reported Q2 revenue growth of 10.6% YoY to $258.8M, with energy-storage revenue up 195% YoY. Google (GOOG) agreed to use Ormat's geothermal energy for AI data centers. Ormat is developing enhanced geothermal systems (EGS) with Pentagon interest. The company expects $1.15B-$1.2B revenue in 2026, with a low EV/EBITDA ratio of 16.6x.

President Capital initiated coverage of Ormat Technologies with a Buy rating and a $129 price target. The stock has risen 2.68% in 5 days and 0.70% year-to-date, following a recent upgrade from Bernstein to Market Perform with a $112 target.

Ormat Technologies (ORA) reported Q2 2026 earnings and revenue above expectations, raising full-year guidance. Shares rose 7.6% in a month, though down 24.7% in three months. Analysts' average price target is $135.45, with a range of $122.0 to $152.0. The company faces risks from Chinese battery reliance and high capital spending.

Analysts made several rating changes: Bernstein upgraded Ormat (ORA) to Market Perform, Morgan Stanley upgraded Shell (SHEL) to Overweight with a $101.30 target, Barclays upgraded W.P. Carey (WPC) to Equal Weight, Baird upgraded Sonida Senior Living (SNDA) to Outperform with a $43 target, and Piper Sandler upgraded Simmons First National (SFNC) to Overweight with a $27.50 target. Canaccord downgraded UiPath (PATH) to Hold with a $17 target, Craig-Hallum downgraded Ambarella (AMBA) to Hold with a

Fed Governor Waller's comments on holding rates steady sparked a market rally, with the Nasdaq up 1.4% and Bitcoin above $80,000. Analysts upgraded Shell (NYSE: SHEL) to Overweight with a $101.30 target, while downgrading Ambarella (NASDAQ: AMBA) to Hold. StoneX initiated PulteGroup (NYSE: PHM) as Buy and Lennar (NYSE: LEN) as Hold. Major indices closed higher, with the Nasdaq at 26,584, Dow at 53,686, S&P 500 at 7,747, and Russell 2000 at 2,966.

Bernstein upgraded Ormat Technologies (NYSE:ORA) to Market Perform, citing valuation alignment with 2026 averages and potential catalysts from its Investor Day. The firm maintained a $112 price target. Ormat reported Q2 2026 earnings of $0.50 per share on $258.8M revenue, exceeding estimates. The company raised full-year revenue and EBITDA guidance but faces margin contraction concerns.

The Tel Aviv Stock Exchange rose after the Bank of Israel cut interest rates to 3.25%. The Tel Aviv 35 Index gained 0.22%, while Dimri led gains with a 5.47% rise. OPC Energy fell 4.67%, the biggest decline. Key movers included Elbit Systems, Teva, and Ormat, which rose, and Camtek and Tower Semiconductor, which fell.

Ormat Technologies (ORA) stock rose 3.0% in pre-market trading to $105.02, driven by an upcoming dividend payment and strong Q2 performance. The company raised its 2026 revenue outlook to $1.15B-$1.20B, with several analysts maintaining Buy ratings. The stock's 30-day implied volatility is elevated, potentially amplifying price swings.

Citi analyzed 30-day implied volatility for utility stocks ahead of Q3 2026. PG&E, NRG Energy, Constellation Energy, Edison International, and Ormat Technologies showed elevated levels. NRG Energy's volatility increased, while others declined. Consolidated Edison had the lowest volatility. Legislative outcomes and policy uncertainty influenced volatility levels.

Ormat Technologies, a geothermal energy company, is expanding into AI-driven Enhanced Geothermal Systems (EGS) to provide 24/7 power for data centers. The company has secured contracts, including a 150 MW deal with NV Energy for Google's data centers and a 13 MW agreement with Switch. Ormat has partnered with SLB and Sage Geosystems for EGS pilot projects and aims to increase its generating portfolio to 2.6-2.8 GW by 2028, with EGS contributing to growth. The company raised its 2026 revenue guid