Equity Profile

ORA

Ormat Technologies, Inc.

UtilitiesRenewable Electricity$8.6B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Ormat Technologies, Inc. (ORA) is a leader in renewable electricity, 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 the company is managing costs and generating income.

N/A

Revenue Growth

Revenue growth will indicate the company's ability to expand its market presence and capitalize on the increasing demand for renewable energy.

N/A

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

ORA Q2-2026 Earnings Preview

Context

Company Snapshot

Ormat Technologies, Inc. (ORA) is a leader in renewable electricity, focusing on geothermal energy and recovered energy generation. As the world shifts towards sustainable energy solutions, Ormat plays a crucial role in providing clean power, which is increasingly important for combating climate change and meeting energy demands.

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, revenue figures were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Commitment to maintaining operational efficiency in geothermal energy production.
Focus on expanding market share in renewable energy sectors.
Plans to enhance technology for better energy recovery.

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Ormat's upcoming earnings, especially given its strong EPS performance in the last quarter. However, the lack of revenue guidance creates uncertainty.

Bull Case

If Ormat continues its trend of beating EPS estimates and shows strong revenue growth, it could reinforce investor confidence and drive stock prices higher.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a decline in stock prices, especially given the high implied volatility in options.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the revenue growth rate for the geothermal segment?

Revenue growth in this segment is critical for assessing Ormat's ability to capitalize on the renewable energy market.

How is Ormat managing operational costs amidst rising energy prices?

Understanding cost management will provide insight into profitability and sustainability in the current economic climate.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Ormat's potential for revenue growth due to increasing demand for geothermal energy, which could exceed current expectations.

Supporting Evidence

Ormat has consistently beaten EPS estimates, suggesting strong operational management.

The options market is pricing a significant move, indicating that traders expect a surprise.

The company's focus on expanding its geothermal capacity could lead to higher-than-expected revenue.

Key Risk

If revenue growth exceeds 15%, it could challenge the current cautious outlook and lead to a reevaluation of the stock.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around Ormat's ability to maintain profitability and grow revenue in a competitive renewable energy landscape.

Bull Confirmed If

A revenue growth rate exceeding 15% would confirm the bull case and suggest strong demand for renewable energy.

Bear Confirmed If

Revenue growth below 5% would support the bear case, indicating potential challenges in the market.

Pre-Earnings Positioning

Options Market

Implied Move

±7.43%

Historical Avg

±0.7%

Pricing rich

The options market is pricing in a significant move, indicating 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 a potential stock increase of around +0.46%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations but management provides cautious commentary, the stock may remain flat or see a slight decline.

Miss

A miss could lead to a decline, with historical patterns indicating a potential average drop of around -0.69%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on geothermal energy production capacity and efficiency improvements.
2Any new contracts or partnerships that could drive future revenue.
3Insights into cost management strategies in the current energy market.
4Details on expansion plans in renewable energy sectors.
5Management's outlook on market demand for renewable energy.

See the full picture

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Company Snapshot

Ormat Technologies, Inc. (ORA) is a leader in renewable electricity, 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 the company is managing costs and generating income.

N/A

Revenue Growth

Revenue growth will indicate the company's ability to expand its market presence and capitalize on the increasing demand for renewable energy.

N/A

1 more metrics, 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, revenue figures were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Commitment to maintaining operational efficiency in geothermal energy production.
Focus on expanding market share in renewable energy sectors.
Plans to enhance technology for better energy recovery.

Expectations

Wall Street Expectations

Bull Case

If Ormat continues its trend of beating EPS estimates and shows strong revenue growth, it could reinforce investor confidence and drive stock prices higher.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a decline in stock prices, especially given the high implied volatility in options.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the revenue growth rate for the geothermal segment?

Revenue growth in this segment is critical for assessing Ormat's ability to capitalize on the renewable energy market.

How is Ormat managing operational costs amidst rising energy prices?

Understanding cost management will provide insight into profitability and sustainability in the current economic climate.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Ormat's potential for revenue growth due to increasing demand for geothermal energy, which could exceed current expectations.

Supporting Evidence

Ormat has consistently beaten EPS estimates, suggesting strong operational management.

The options market is pricing a significant move, indicating that traders expect a surprise.

The company's focus on expanding its geothermal capacity could lead to higher-than-expected revenue.

Key Risk

If revenue growth exceeds 15%, it could challenge the current cautious outlook and lead to a reevaluation of the stock.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around Ormat's ability to maintain profitability and grow revenue in a competitive renewable energy landscape.

Bull Confirmed If

A revenue growth rate exceeding 15% would confirm the bull case and suggest strong demand for renewable energy.

Bear Confirmed If

Revenue growth below 5% would support the bear case, indicating potential challenges in the market.

Pre-Earnings Positioning

Options Market

Implied Move

±7.43%

Historical Avg

±0.7%

Pricing rich

The options market is pricing in a significant move, indicating 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 a potential stock increase of around +0.46%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations but management provides cautious commentary, the stock may remain flat or see a slight decline.

Miss

A miss could lead to a decline, with historical patterns indicating a potential average drop of around -0.69%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on geothermal energy production capacity and efficiency improvements.
2Any new contracts or partnerships that could drive future revenue.
3Insights into cost management strategies in the current energy market.
4Details on expansion plans in renewable energy sectors.
5Management's outlook on market demand for renewable energy.