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IDACORP (IDA) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

IDA Stock Forecast

IDACORP (IDA) stock forecast, based on 10 Wall Street analysts, predicts a 12-month average price target of $129.00, with a high of $129.00 and a low of $129.00. This represents a 9.73% increase from the last price of $117.56.

$85 $94 $103 $112 $121 $130 High: $129 Avg: $129 Low: $129 Last Closed Price: $117.56

IDA Stock Rating

IDACORP stock's rating consensus is Hold, based on 10 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (40.00%), 5 Hold (50.00%), 1 Sell (10.00%), and 0 Strong Sell (0.00%).

Hold
Total 10 0 1 5 4 Strong Sell Sell Hold Buy Strong Buy

IDA Price Target Upside V Benchmarks

TypeNameUpside
StockIDACORP9.73%
SectorUtilities Stocks6.47%

Price Target Trends

1M3M12M
# Anlaysts--7
Avg Price Target--$109.29
Last Closing Price$117.56$117.56$117.56
Upside/Downside---7.03%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25-44--8
Mar, 25-35--8
Feb, 25-35--8
Jan, 25-45--9
Dec, 24-35--8
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 18, 2024Julien Dumoulin-SmithJefferies$129.00$101.6526.91%9.73%
Nov 05, 2024Julien Dumoulin-SmithJefferies$115.00$109.525.00%-2.18%
Oct 16, 2024Sarah AkersWells Fargo$109.00$103.675.14%-7.28%
Sep 25, 2024Anthony CrowdellMizuho Securities$102.00$102.67-0.65%-13.24%
Sep 19, 2024Julien Dumoulin-SmithJefferies$110.00$102.447.38%-6.43%
Aug 23, 2024David ArcaroMorgan Stanley$102.00$102.68-0.66%-13.24%
May 28, 2024David ArcaroMorgan Stanley$98.00$95.113.04%-16.64%
Mar 13, 2024David ArcaroMorgan Stanley$92.00$90.571.58%-21.74%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Nov 18, 2024JefferiesHoldHoldhold
Nov 05, 2024Bank of America SecuritiesBuyupgrade
Nov 05, 2024JefferiesHoldHoldhold
Oct 16, 2024Wells FargoEqual-WeightEqual-Weighthold
Sep 25, 2024Morgan StanleyEqual-WeightEqual-Weighthold
Sep 19, 2024JefferiesNeutralinitialise
Aug 23, 2024Morgan StanleyEqual-WeightEqual-Weighthold
May 28, 2024Morgan StanleyEqual-WeightEqual-Weighthold
May 03, 2022Wells FargoEqual-Weightupgrade

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.70$4.85$5.11$5.15$5.50----
Avg Forecast$4.63$4.88$5.11$5.13$5.42$5.85$6.41$6.87$7.32
High Forecast$4.75$5.01$5.35$5.14$5.43$5.95$6.49$6.99$7.53
Low Forecast$4.48$4.72$4.91$5.11$5.41$5.80$6.29$6.76$7.10
Surprise %1.51%-0.61%-0.39%1.48%----

Revenue Forecast

$1B $1B $2B $2B $3B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.35B$1.46B$1.64B$1.77B$1.83B----
Avg Forecast$1.34B$1.38B$1.49B$1.69B$1.84B$1.95B$2.07B$2.27B$2.45B
High Forecast$1.36B$1.41B$1.54B$1.72B$1.88B$1.96B$2.07B$2.27B$2.51B
Low Forecast$1.30B$1.34B$1.44B$1.65B$1.83B$1.94B$2.07B$2.27B$2.40B
Surprise %1.10%5.71%10.37%4.77%-0.72%----

Net Income Forecast

$150M $200M $250M $300M $350M $400M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$237.42M$245.55M$258.98M$261.19M$289.17M----
Avg Forecast$233.03M$237.15M$266.67M$261.19M$275.13M$298.40M$324.64M$349.24M$372.15M
High Forecast$279.64M$284.58M$320.01M$313.43M$275.64M$302.20M$329.50M$355.09M$382.60M
Low Forecast$186.43M$189.72M$213.34M$208.96M$274.63M$294.59M$319.78M$343.39M$360.86M
Surprise %1.88%3.54%-2.88%-5.10%----

IDA Forecast FAQ

Is IDACORP stock a buy?

IDACORP stock has a consensus rating of Hold, based on 10 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 5 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that IDACORP is a neutral investment for most analysts.

What is IDACORP's price target?

IDACORP's price target, set by 10 Wall Street analysts, averages $129 over the next 12 months. The price target range spans from $129 at the low end to $129 at the high end, suggesting a potential 9.73% change from the previous closing price of $117.56.

How does IDACORP stock forecast compare to its benchmarks?

IDACORP's stock forecast shows a 9.73% upside, outperforming the average forecast for the utilities stocks sector (6.47%).

What is the breakdown of analyst ratings for IDACORP over the past three months?

  • April 2025: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 0% Strong Buy, 37.50% Buy, 62.50% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 0% Strong Buy, 37.50% Buy, 62.50% Hold, 0% Sell, 0% Strong Sell.

What is IDACORP’s EPS forecast?

IDACORP's average annual EPS forecast for its fiscal year ending in December 2025 is $5.85, marking a 6.36% increase from the reported $5.5 in 2024. Estimates for the following years are $6.41 in 2026, $6.87 in 2027, and $7.32 in 2028.

What is IDACORP’s revenue forecast?

IDACORP's average annual revenue forecast for its fiscal year ending in December 2025 is $1.95B, reflecting a 6.68% increase from the reported $1.83B in 2024. The forecast for 2026 is $2.07B, followed by $2.27B for 2027, and $2.45B for 2028.

What is IDACORP’s net income forecast?

IDACORP's net income forecast for the fiscal year ending in December 2025 stands at $298.4M, representing an 3.19% increase from the reported $289.17M in 2024. Projections indicate $324.64M in 2026, $349.24M in 2027, and $372.15M in 2028.