Ormat (ORA) jumps 7% after record Q1 results and outlook reaffirmation
ORA•Ormat Technologies shares jumped after the company reported record Q1 2026 results, with revenue up 75.8% year over year to $403.9 million. Management also reaffirmed its 2026 outlook and highlighted continued progress on its geothermal and EGS growth strategy.
1. What’s moving the stock
Ormat Technologies (ORA) is higher today after releasing first-quarter 2026 results that showed sharply higher revenue and solid profitability metrics, alongside commentary that the company is off to a strong start for 2026. The move follows the earnings release timing (after the May 6 close) and is being reinforced by investor focus on the company’s updated operating momentum and maintained full-year outlook. (globenewswire.com)
