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IDACORP, Inc.NYSE:IDA Stock Report

Market Cap US$8.0b
Share Price
US$144.00
US$152.44
5.5% undervalued intrinsic discount
1Y25.9%
7D-3.1%
Portfolio Value
View

IDACORP, Inc.

NYSE:IDA Stock Report

Market Cap: US$8.0b

IDACORP (IDA) Stock Overview

Engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. More details

IDA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health1/6
Dividends4/6

IDA Community Fair Values

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IDACORP, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for IDACORP
Historical stock prices
Current Share PriceUS$143.17
52 Week HighUS$149.73
52 Week LowUS$108.15
Beta0.52
1 Month Change-1.27%
3 Month Change5.79%
1 Year Change25.94%
3 Year Change31.26%
5 Year Change40.65%
Change since IPO365.59%

Recent News & Updates

Narrative Update Apr 27

IDA: Rate Base Expansion And Data Center Plans Will Shape 2026 Earnings Outlook

Analyst price targets for IDACORP have shifted modestly higher to about $152 from roughly $151, as analysts weigh slightly lower revenue growth assumptions against firmer profit margin expectations and a marginally lower future P/E in light of recent research updates from several major firms. Analyst Commentary Recent Street research on IDACORP shows a mix of optimism and caution, with multiple firms adjusting price targets in both directions and updating views around growth, valuation and execution after recent earnings and sector reviews.

Recent updates

Narrative Update Apr 27

IDA: Rate Base Expansion And Data Center Plans Will Shape 2026 Earnings Outlook

Analyst price targets for IDACORP have shifted modestly higher to about $152 from roughly $151, as analysts weigh slightly lower revenue growth assumptions against firmer profit margin expectations and a marginally lower future P/E in light of recent research updates from several major firms. Analyst Commentary Recent Street research on IDACORP shows a mix of optimism and caution, with multiple firms adjusting price targets in both directions and updating views around growth, valuation and execution after recent earnings and sector reviews.
Narrative Update Apr 10

IDA: Rate Base Expansion And Data Center Demand Will Shape 2026 Outlook

Analysts have raised the IDACORP fair value estimate to $150.56 from $147.00, citing a series of recent price target increases across major firms that emphasize views on rate base growth, data center exposure, and an overall attractive valuation at current levels. Analyst Commentary Recent research updates present a mix of optimism and caution around IDACORP, with multiple firms adjusting price targets and one downgrade that centers on valuation.
Narrative Update Mar 27

IDA: Rate Base Expansion And 2026 Guidance Will Frame Balanced Risk Reward

Analysts have raised the IDACORP fair value estimate to $147.00, citing a series of higher Street price targets that point to expectations for solid rate base growth and an attractive current valuation, even as views on the shares remain mixed across firms. Analyst Commentary Street research around IDACORP has been active, with several firms adjusting price targets and ratings in recent weeks.
Narrative Update Mar 13

IDA: Rate Base Plans And 2026 Guidance Will Shape Mixed Market Views

Analysts have inched their blended price target for IDACORP higher by about $0.20 to $146.44, citing a combination of updated sector views, recent Q4 and 2025 commentary, and what they describe as attractive valuation and rate base growth potential. Analyst Commentary Recent Street research around IDACORP reflects a mix of optimism on growth and valuation, alongside some caution from more conservative voices.
Narrative Update Feb 26

IDA: Sector Support And Mixed Views Will Shape 2026 Earnings Outcome

Analysts have raised their average price target for IDACORP to about $146 from roughly $142, reflecting updated views on the company's valuation, projected profit margins, and future P/E assumptions, along with a series of recent target increases from major research firms. Analyst Commentary Recent research updates show a mix of optimism and caution around IDACORP, with several firms adjusting price targets while reassessing how growth plans and regulatory factors might feed into valuation and execution risk.
Seeking Alpha Feb 23

Idacorp: Now Is No Longer The Time To Buy (Rating Downgrade)

Summary IDACORP remains well-positioned to profit from the ongoing AI boom, operating in a business-friendly state and offering cheap/reliable hydropower. The electric utility significantly upped its five-year capital spending plan, which bodes well for future diluted EPS growth. IDACORP possesses a BBB S&P credit rating with a stable outlook. Shares have swung from a modest discount to a modest premium to my fair value estimate. At the current valuation, IDACORP is likely to post 7% to 8% annual total returns through 2031. Read the full article on Seeking Alpha
Narrative Update Feb 11

IDA: Sector Support And Mixed Research Views Will Shape Future Returns

Analysts have nudged their price target on IDACORP higher by $0.51 to $141.63, citing updated assumptions around growth, margins and future P/E following recent target raises, a new bullish initiation and a valuation driven downgrade that together prompted a refreshed view. Analyst Commentary Recent Street research on IDACORP has been mixed, with some analysts lifting price targets and initiating with a positive stance, while at least one has stepped back on valuation grounds.
Narrative Update Jan 24

IDA: Sector Tailwinds And Earnings Guidance Will Support Steady Future Returns

Analysts have inched their blended price target for IDACORP higher from about $140.50 to roughly $141.11. This reflects recent target increases from several firms as they reassess fair value assumptions, discount rates and forward P/E expectations in light of the latest research updates.
Analysis Article Jan 06

IDACORP's (NYSE:IDA) Returns Have Hit A Wall

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Narrative Update Jan 06

IDA: Sector Tailwinds And Capex Plans Will Support Future Earnings

Narrative Update on IDACORP Analysts have lifted their consolidated price target range for IDACORP toward roughly the mid US$140s, reflecting recent target increases from US$129 to US$144 and then to US$155. This shift is supported by expectations for utility sector capital expenditure plans and funding costs that they view as constructive for earnings and valuation multiples.
Narrative Update Dec 19

IDA: Sector Tailwinds And Capex Discipline Will Support Future Earnings And Dividends

Analysts have nudged their fair value estimate for IDACORP slightly lower, from $141.00 to $140.50, as they balance a more modest long term revenue growth outlook with resilient margins and supportive sector level capital cost and valuation dynamics reflected in recent Street research. Analyst Commentary Street research on IDACORP presents a mixed but generally constructive backdrop, with upward price target revisions from bullish analysts offset by more cautious views that emphasize valuation discipline and regulatory execution risk.
Analysis Article Dec 17

There's Reason For Concern Over IDACORP, Inc.'s (NYSE:IDA) Price

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...
Narrative Update Dec 04

IDA: Sector Tailwinds And Capex Discipline Will Drive Future Upside

Analysts have nudged their consolidated price target for IDACORP slightly higher to approximately $141, citing modestly stronger long term revenue growth expectations, a slightly improved profit margin outlook, and a supportive utilities backdrop highlighted by recent target increases from several firms despite one minor downward revision. Analyst Commentary Street research on IDACORP has tilted more constructive overall, with multiple firms lifting price targets and reiterating positive ratings, while a smaller cohort remains more measured on valuation and regulatory execution risks.
Narrative Update Nov 20

IDA: Sector Tailwinds And Improved Earnings Outlook Will Drive Future Upside

IDACORP's analyst price target increased by $1.88 to $140.88. Analysts cited continued sector tailwinds and improved earnings outlooks in recent updates.
Narrative Update Nov 06

IDA: Revenue and Earnings Guidance Will Influence Sector Confidence and Price Outlook

Analysts have slightly reduced their fair value price target for IDACORP to $139.00, citing improved revenue growth and profit margin projections. They also moderated future PE expectations based on a comprehensive reassessment of sector fundamentals and recent research updates.
Analysis Article Oct 30

IDACORP (NYSE:IDA) Has Announced That It Will Be Increasing Its Dividend To $0.88

IDACORP, Inc. ( NYSE:IDA ) has announced that it will be increasing its dividend from last year's comparable payment on...
Narrative Update Oct 22

Analysts Offer Mixed Views as IDACORP Price Targets and Valuation Move Higher

The average analyst price target for IDACORP has increased by approximately $7.76. This reflects a more optimistic outlook driven by expectations of higher capital expenditures and a favorable cost of capital environment in the utilities sector.
Narrative Update Sep 05

Industrial Investments And Electrification Will Expand Long-Term Demand

Analysts cite sector outperformance, underappreciated nuclear energy, and positive renewables guidance as drivers of optimism for IDACORP, resulting in an unchanged consensus price target of $132.67. Analyst Commentary Recent outperformance of the utilities sector relative to the S&P 500 has contributed to upward price target revisions.
Analysis Article Aug 29

Are IDACORP, Inc. (NYSE:IDA) Investors Paying Above The Intrinsic Value?

Key Insights Using the Dividend Discount Model, IDACORP fair value estimate is US$99.92 IDACORP is estimated to be 25...
Analysis Article Jul 03

IDACORP, Inc.'s (NYSE:IDA) Share Price Not Quite Adding Up

With a price-to-earnings (or "P/E") ratio of 20.7x IDACORP, Inc. ( NYSE:IDA ) may be sending bearish signals at the...
Analysis Article Jun 18

Here's Why We Think IDACORP (NYSE:IDA) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article May 11

Investors Shouldn't Be Too Comfortable With IDACORP's (NYSE:IDA) Earnings

IDACORP, Inc.'s ( NYSE:IDA ) robust earnings report didn't manage to move the market for its stock. Our analysis...
Analysis Article May 09

Shareholders Will Most Likely Find IDACORP, Inc.'s (NYSE:IDA) CEO Compensation Acceptable

Key Insights IDACORP will host its Annual General Meeting on 15th of May Salary of US$1.00m is part of CEO Lisa Grow's...
Seeking Alpha Feb 25

Idacorp: Still Buyable Now After The Rally

Summary In the last couple of months, Idacorp has continued to provide market-beating total returns relative to the S&P 500 index. Idaho continues to be economically vibrant, which bodes well for the electric utility. Idacorp's balance sheet remains well-capitalized. Shares of the electric utility look to be priced 6% below fair value. Idacorp appears positioned to deliver a 33% cumulative total return by the end of 2027. Read the full article on Seeking Alpha
Seeking Alpha Dec 27

Idacorp Stock: Not Too Late To Buy Now

Summary Since coverage last August, Idacorp's total returns have outpaced the S&P 500 index. The electric utility's five-year capital spending plan remains sufficient to drive solid diluted EPS growth in the future. IDA enjoys a BBB credit rating from S&P on a stable outlook. Idacorp shares appear to be trading 7% below my fair value estimate. IDA could be set up to generate 11% annual total returns through 2026. Read the full article on Seeking Alpha
User avatar
New Narrative Aug 29

Idaho Power's Strategic Moves Promise Robust Revenue Growth Amidst Sustainable Energy Transition

Strategic focus on economic expansion and infrastructure investments in growing Idaho service area imply forward-looking revenue growth from robust energy demand.
Seeking Alpha Aug 28

Idacorp: There's Still Time To Buy This Dividend Grower Now

Summary Idacorp has hiked its payout to shareholders for 12 consecutive years. The electric utility's operating revenue and diluted EPS climbed higher in the second quarter. Idacorp's interest coverage ratio was above 3 through the first six months of 2024. The utility could be priced at a 10% discount to fair value. Idacorp appears positioned to deliver decent cumulative total returns by the end of 2026. Read the full article on Seeking Alpha
Seeking Alpha May 22

Idacorp: This Underappreciated Dividend Growth Stock Remains A Buy

Summary IDACORP's total returns have more than doubled the S&P 500 in the last three months. Lower usage per customer due to weather and higher interest expense caused the electric utility to miss analysts' expectations for diluted EPS for the first quarter. Given the circumstances, IDA's interest coverage ratio was fine for Q1. Shares of the electric utility could be trading 8% below fair value. IDA could realistically generate double-digit annual total returns in the years ahead. Read the full article on Seeking Alpha

Shareholder Returns

IDAUS Electric UtilitiesUS Market
7D-3.1%-3.9%2.1%
1Y25.9%14.1%30.6%

Return vs Industry: IDA exceeded the US Electric Utilities industry which returned 16.9% over the past year.

Return vs Market: IDA underperformed the US Market which returned 31% over the past year.

Price Volatility

Is IDA's price volatile compared to industry and market?
IDA volatility
IDA Average Weekly Movement2.7%
Electric Utilities Industry Average Movement3.1%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: IDA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IDA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19152,180Lisa Growwww.idacorpinc.com

IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; and three natural gas-fired plants situated in southern Idaho, as well as interests in a coal-fired and natural gas-fired steam generating plant located in Wyoming; and interests in a coal-fired steam generating plant situated in Nevada. As of December 31, 2025, it had approximately 4,730 pole miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 12 switching stations; 31 mixed-use transmission and distribution substations; 188 energized distribution substations; approximately 30,020 linear miles of distribution lines; and a capacity of 1,228 MWh of battery storage.

IDACORP, Inc. Fundamentals Summary

How do IDACORP's earnings and revenue compare to its market cap?
IDA fundamental statistics
Market capUS$7.98b
Earnings (TTM)US$331.81m
Revenue (TTM)US$1.78b
23.9x
P/E Ratio
4.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IDA income statement (TTM)
RevenueUS$1.78b
Cost of RevenueUS$1.11b
Gross ProfitUS$670.83m
Other ExpensesUS$339.03m
EarningsUS$331.81m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)5.99
Gross Margin37.60%
Net Profit Margin18.60%
Debt/Equity Ratio104.0%

How did IDA perform over the long term?

See historical performance and comparison

Dividends

2.5%
Current Dividend Yield
57%
Payout Ratio

Does IDA pay a reliable dividends?

See IDA dividend history and benchmarks
When do you need to buy IDA by to receive an upcoming dividend?
IDACORP dividend dates
Ex Dividend DateMay 05 2026
Dividend Pay DateJun 01 2026
Days until Ex dividend4 days
Days until Dividend pay date23 days

Does IDA pay a reliable dividends?

See IDA dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 07:25
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IDACORP, Inc. is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael LoneganBarclays
Ross FowlerBofA Global Research
Lynsey ProutBofA Global Research