Ormat Technologies Inc. stock reached an all-time high, closing at $138.53. This milestone marks a 90.59% surge over the past 12 months.
The stock trades at a P/E ratio of 66.6, reflecting premium valuations for renewable energy leaders. The geothermal and recovered energy company has attracted significant investor interest.
With 31% revenue growth and an $8.5 billion market cap, the company's performance underscores strong operations and a broader trend favoring renewables. According to Bond.az analysis, the stock currently appears overvalued relative to its Fair Value.
In recent news, Ormat reported Q1 2026 results beating expectations. EPS of $1.30 surpassed the $0.91 forecast by 42.86%. Revenue of $403.9 million exceeded $348.98 million estimates by 15.74%.
