Ormat (ORA) traded up 0.05 % during a 24 hours period ending at 10:44 AM Central Europe on Tuesday 27th. One Ormat stock can currently be bought for about USD 87.13 on popular exchanges. Current supply of Ormat stocks is 61.5 mn. Ormat has a current market capitalization of USD 5.4 bn and approximately USD 37.5 mn worth of Ormat was traded on exchanges in the last 24 hours. Since last month end, Ormat has traded -3.57 % down. Simple moving average of last 200 days is at USD 112.03. The highest price of past 52 weeks was recorded at USD 146.39 on 06/03/2026. 52 weeks low was at USD 85.77 on 10/19/2026.

Summary of the latest news for Ormat

ORMAT TECHNOLOGIES INC reported strong performance in the first half of fiscal 2027. The company added the largest number of desks in a single quarter, expanding its operational capacity to more than 145 000 across 85 centres in eight cities. Occupancy rose to around 84 %, with mature locations achieving high utilisation. Revenue grew, driven by both core desk sales and an accelerating services and digital platform. EBITDA and profit margins expanded, reflecting improved operating leverage. Cash generation remained robust, sufficient to fund the current investment cycle and leave surplus for future growth. Management highlighted the resilience of branded workspaces in an evolving market and reaffirmed its focus on expanding capacity and enhancing service offerings.

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About Ormat

Ormat Technologies, Inc. is a renewable energy project development and operating company based in Reno, United States. The company offers geothermal, recovered energy, and energy management and storage solutions, serving customers worldwide. Ormat Technologies went public in November 2004.