ORA Stock Forecast: Sells to aggregators, becomes over-valued, gets a sell rating
ORA Stock Forecast: The stock is expected to trade between $78.1 and $79.7. The overall recommendation is Buy.
July 20th
ORA Stock Forecast: Latest Price
ORA Stock Forecast: Performance Chart
| Stock Name | 5 Days | 1 Month | 6 Months | 1 Year |
| ORA | +0.70% | +14.49% | +5.23% | +16.77% |
ORA Stock Forecast: Latest News
- Yesterday, ORA announced the commercial operations for Diablo-IV (“CD4”) 30 MW geothermal power plant – Its output will be sold to a community choice aggregator. The facility will provide 7MW geothermal power to Silicon Valley Clean Energy and Central Coast Community Energy.
- The financial results for 2022 Quarter two will be announced in a press release on Wednesday, August 3, 2022
- Ormat priced an upsized private offering of $375.0 million aggregate principal amount of 2.50% Green Convertible Senior Notes due 2027 – The Notes will mature on July 15, 2027. The net proceeds from these notes are expected to be $364.9 million.
ORA Stock Forecast: Latest Tweet
ORA Stock Forecast: Today’s Outlook
| Indicator | Trend |
| Overall Outlook | Negative |
| 1. Market Wisdom | Negative |
| 1a. Market Data | Lower |
| 1b. Technical | Buy |
| 1c. Trading Volume | Lower |
| 2. Crowd’s Wisdom | Negative |
| 2a. Google Search Volume | lower |
| 2b. Social Media Sentiment | lower |
Also Read: PLRX Stock Forecast 2022
ORA Stock Forecast: Last quarter earnings summary
- The recorded revenue for the first quarter of 2022 was $183.7 Million representing a 10.4% year-over-year growth to $166.4 Million in 2021 Q1.
- The earnings per share was $0.3 representing a 22.2% year-over-year increase.
- The gross margin reduced from 44.3% in Q1 of 2021 to 38.1% in Q1 of 2022.
- In this quarter, generation was 1.8 Million MWh as compared to 1.7 Million in 2021 i.e. 8.6% year-over-year increase.
ORA Stock Forecast: Latest Video
No Video available for the day
ORA Stock Forecast: Price Target
| Source | High | |
| Overall | $80 | |
| JP Morgan Chase & Co. | $80 | |
| Nasdaq | $80 |
ORA Stock Forecast: Google Trends
The search volume for ORA is lower compared to yesterday.
ORA Stock Forecast: Technical Analysis
ORA Stock Forecast: Social Media Sentiments
| 7 days | 24 hours | Trends | ||
| Net Sentiments | 24.4% | N.A.% | lower |
Gold Price Forecast 2022: Gold rises as Dollar Index retreats
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Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.