Update shared on 20 Nov 2025
Fair value Increased 1.35%IDACORP's analyst price target increased by $1.88 to $140.88. Analysts cited continued sector tailwinds and improved earnings outlooks in recent updates.
Analyst Commentary
Analyst perspectives on IDACORP have varied in recent updates, focusing on the company's valuation, growth trajectory, and risk profile. The following summarizes key bullish and bearish insights from the latest research notes.
Bullish Takeaways
- Bullish analysts have increased price targets, reflecting improved confidence in IDACORP's earnings momentum.
- Sector-wide tailwinds, such as structural shifts favoring utilities, are seen as materially undervaluing the group. This provides potential for upside as fundamentals are recognized.
- Positive Q3 updates across utilities, with a focus on increased capital expenditure and lower cost of capital, are contributing to an optimistic outlook for IDACORP’s future growth.
- Stable regulatory frameworks and consistent execution in delivering earnings growth continue to make IDACORP attractive relative to sector peers.
Bearish Takeaways
- Some analysts remain cautious, assigning Equal Weight ratings and noting that IDACORP’s valuation already reflects much of its growth prospects.
- Recent modest downward adjustments to price targets highlight concerns over near-term upside potential.
- Analysts emphasize that while the sector has strong support, not all utilities are expected to outperform if their earnings growth does not materially exceed broader expectations.
What's in the News
- IDACORP, Inc. raised its full-year 2025 earnings guidance and now expects earnings per diluted share between $5.80 and $5.90, up from the prior range of $5.70 to $5.85 (Key Developments).
- The Board of Directors declared a common stock dividend of $0.88 per share, payable December 1, 2025, to shareholders of record as of November 5, 2025 (Key Developments).
Valuation Changes
- Consensus Analyst Price Target has risen slightly, increasing from $139.00 to $140.88.
- Discount Rate has moved up moderately, from 6.78 percent to 6.96 percent.
- Revenue Growth remains largely unchanged and is holding steady at approximately 9.76 percent.
- Net Profit Margin is stable, with a negligible increase from 18.85 percent to 18.85 percent.
- Future P/E ratio has declined modestly, from 21.06x to 20.68x.
Disclaimer
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