Equity Profile

ORA

Ormat Technologies, Inc.

UtilitiesRenewable Electricity$6.6B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Ormat Technologies, Inc. is a leader in the renewable electricity sector, focusing on geothermal energy and recovered energy generation....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well Ormat is managing its costs and generating income.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its market presence and increase sales, which is vital for long-term success.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

ORA Q2-2026 Earnings Preview

Context

Company Snapshot

Ormat Technologies, Inc. is a leader in the renewable electricity sector, focusing on geothermal energy and recovered energy generation. With a market cap of $7 billion, the company plays a crucial role in the transition to sustainable energy, which is increasingly important as global demand for clean energy sources rises.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+23.98%

Avg Stock Reaction

+0.46%

Last Quarter Recap

In Q1-2026, Ormat reported an EPS of $1.30, significantly beating estimates by 41.3%. However, the stock experienced a slight decline of 0.42% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts are cautiously optimistic about Ormat's upcoming earnings, especially given its strong track record of beating EPS estimates. However, the lack of specific guidance raises some uncertainty.

Bull Case

If Ormat continues its trend of strong earnings surprises, it could signal robust operational performance and increased investor confidence, potentially driving the stock higher.

Bear Case

Conversely, any signs of slowing revenue growth or unexpected costs could lead to a negative market reaction, especially given the high expectations set by previous earnings.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given Ormat's history of beating EPS estimates, the market will closely watch this figure to gauge ongoing profitability.

How is revenue growth trending in the current quarter?

Revenue growth is critical for assessing the company's ability to expand and maintain its competitive edge in the renewable energy sector.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the impact of rising energy demand on Ormat's revenue potential, especially in emerging markets.

Supporting Evidence

Ormat has consistently beaten EPS estimates, indicating stronger-than-expected performance.

The options market is pricing in a larger move than historical averages, suggesting heightened expectations.

The renewable energy sector is gaining traction, which could benefit Ormat more than anticipated.

Key Risk

If revenue growth exceeds expectations, it could shift market sentiment significantly.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Ormat can sustain its recent growth trajectory amid rising costs and competition in the renewable energy space.

Bull Confirmed If

An EPS of $1.50 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $1.00 would confirm the bear case, suggesting potential issues with profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±7.43%

Historical Avg

±0.7%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±7.4% while ORA has averaged ±0.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

39.6%

Calls (12K)P/C Ratio: 0.94Puts (1K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Ormat beats expectations, history suggests the stock could rise by around 0.46%, confirming strong operational health.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance.

Miss

A miss could lead to a decline, with historical patterns suggesting a potential drop of around 0.66%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new geothermal projects or expansions.
2Insights into cost management strategies amid rising energy prices.
3Details on partnerships or contracts that could impact future revenue.
4Management's outlook on the renewable energy market and Ormat's positioning.
5Any commentary on regulatory changes affecting the renewable sector.

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Company Snapshot

Ormat Technologies, Inc. is a leader in the renewable electricity sector, focusing on geothermal energy and recovered energy generation....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well Ormat is managing its costs and generating income.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its market presence and increase sales, which is vital for long-term success.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

ORA Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+23.98%

Avg Stock Reaction

+0.46%

Last Quarter Recap

In Q1-2026, Ormat reported an EPS of $1.30, significantly beating estimates by 41.3%. However, the stock experienced a slight decline of 0.42% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts are cautiously optimistic about Ormat's upcoming earnings, especially given its strong track record of beating EPS estimates. However, the lack of specific guidance raises some uncertainty.

Bull Case

If Ormat continues its trend of strong earnings surprises, it could signal robust operational performance and increased investor confidence, potentially driving the stock higher.

Bear Case

Conversely, any signs of slowing revenue growth or unexpected costs could lead to a negative market reaction, especially given the high expectations set by previous earnings.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given Ormat's history of beating EPS estimates, the market will closely watch this figure to gauge ongoing profitability.

How is revenue growth trending in the current quarter?

Revenue growth is critical for assessing the company's ability to expand and maintain its competitive edge in the renewable energy sector.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the impact of rising energy demand on Ormat's revenue potential, especially in emerging markets.

Supporting Evidence

Ormat has consistently beaten EPS estimates, indicating stronger-than-expected performance.

The options market is pricing in a larger move than historical averages, suggesting heightened expectations.

The renewable energy sector is gaining traction, which could benefit Ormat more than anticipated.

Key Risk

If revenue growth exceeds expectations, it could shift market sentiment significantly.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Ormat can sustain its recent growth trajectory amid rising costs and competition in the renewable energy space.

Bull Confirmed If

An EPS of $1.50 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $1.00 would confirm the bear case, suggesting potential issues with profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±7.43%

Historical Avg

±0.7%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±7.4% while ORA has averaged ±0.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

39.6%

Calls (12K)P/C Ratio: 0.94Puts (1K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Ormat beats expectations, history suggests the stock could rise by around 0.46%, confirming strong operational health.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance.

Miss

A miss could lead to a decline, with historical patterns suggesting a potential drop of around 0.66%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new geothermal projects or expansions.
2Insights into cost management strategies amid rising energy prices.
3Details on partnerships or contracts that could impact future revenue.
4Management's outlook on the renewable energy market and Ormat's positioning.
5Any commentary on regulatory changes affecting the renewable sector.