Ormat Technologies price target raised to $75 from $69 at JPMorgan

JPMorgan raised the firm’s price target on Ormat Technologies to $75 from $69 and keeps a Neutral rating on the shares. Heading into the Q2 clean energy reports, the firm expects volatility to continue as investors “juggle strong underlying power demand with headwinds such as utility-scale project delays, still fragile residential demand, geopolitics and the US election.” The analyst expects generally strong bookings and pipeline commentary, though with volatility in near-term revenue and guidance. JPMorgan’s top picks into the print are HASI (HASI) and TPI Composites (TPIC). It also introduced fiscal 2026 estimates and established December 2025 price targets.