ORA Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Increasing global investment in renewable energy may drive demand for Ormat's geothermal projects, potentially leading to a price increase to above $85 within the next quarter.




Bearish Case: Persistent macroeconomic challenges, like rising interest rates and supply chain disruptions, could pressure ORA prices below $75, adversely impacting growth projections in the short term.




Potential Outcomes:
  • Increased demand for geothermal projects due to climate policies (70%)
  • Market volatility causing price fluctuations (60%)
  • Investor interest shifts towards competing renewable sectors (40%)
  • Successful acquisitions enhance ORA's portfolio (35%)
  • Economic downturn impacts investment capabilities (20%)




Trading Oracle: Execute a bullish debit spread on ORA by purchasing $75 calls and selling $85 calls, targeting January 2025 expiration. This strategy benefits from low implied volatility and historical price trends favoring upward movement, providing a favorable risk-reward ratio while balancing potential macroeconomic impacts.



December 04, 2024


Ormat Forecast

ORA        Ormat











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