How Investors May Respond To IDACORP (IDA) Raising Earnings Outlook After Strong Q3 Profitability

• IDACORP, Inc. recently reported its third quarter 2025 results, showing increased net income and raised its full-year earnings guidance to US$5.80–US$5.90 per diluted share, up from its previous range of US$5.70–US$5.85.
• This upward revision in guidance followed stronger profitability despite slightly lower sales and revenue, underscoring improved operational performance and management's confidence in the company's outlook.
• We'll examine how IDACORP's boosted earnings outlook and recent results affect its investment narrative, especially regarding earnings stability.

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IDACORP Investment Narrative Recap

To be a shareholder in IDACORP, you need to believe in the company's ability to maintain steady earnings in a sector shaped by long-term customer growth, significant infrastructure investment, and evolving regulatory frameworks. The recent upward revision to earnings guidance is a short-term catalyst, but it does not materially reduce the biggest risk facing the business: the need for regulatory cost recovery as capital spending and debt rise with increased demand.

Among several recent announcements, the highlight is IDACORP's move to raise its full-year 2025 earnings guidance following strong net income for the third quarter, despite soft revenue. This guidance increase directly reinforces the company's narrative of earnings stability amid changing conditions and suggests the core business remains resilient through near-term weather and market variability.

However, even with improved guidance, regulatory approval around cost recovery remains a crucial issue investors should keep in mind, especially if rising capital needs...

Read the full narrative on IDACORP (it's free!)

IDACORP's narrative projects $2.3 billion revenue and $441.8 million earnings by 2028. This requires 8.3% yearly revenue growth and a $134.9 million earnings increase from $306.9 million.

Uncover how IDACORP's forecasts yield a $139.00 fair value, a 7% upside to its current price.

Exploring Other Perspectives

Simply Wall St Community members offered three estimates for IDACORP's fair value, ranging from US$103.21 to US$139. Customer growth and accelerating capital investment were flagged by analysts as meaningful drivers that could influence these opinions. Explore several viewpoints to see how consensus can diverge.

Explore 3 other fair value estimates on IDACORP - why the stock might be worth as much as 7% more than the current price!

Build Your Own IDACORP Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your IDACORP research is our analysis highlighting 2 key rewards and 2 important warning signs that could impact your investment decision.
• Our free IDACORP research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate IDACORP's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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