Idacorp Inc (IDA) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the stock has shown modest financial growth and has positive analyst sentiment, the technical indicators are mixed, and options data suggests bearish sentiment. Additionally, there are no recent news catalysts or significant trading trends to support a strong buy decision.
The stock's MACD is negative and expanding downward, indicating bearish momentum. RSI is neutral at 46.631, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). The stock is trading near its pivot level of 141.715, with resistance at 144.572 and support at 138.858. Overall, the technical indicators are mixed, with no clear buy signal.

Analyst ratings are generally positive, with multiple firms raising price targets and maintaining Overweight or Outperform ratings. The company has shown revenue and net income growth in its latest quarter.
Wells Fargo downgraded the stock to Underweight, citing valuation concerns and normalized growth expectations. Gross margin has declined YoY, and there are no recent news catalysts or significant trading trends. Options data shows bearish sentiment.
In Q4 2025, revenue increased by 1.79% YoY to $405.24M, net income rose by 15.13% YoY to $43.61M, and EPS grew by 11.43% YoY to 0.78. However, gross margin dropped by 6.82% YoY to 38.81%. Overall, financial performance shows modest growth but with some margin pressure.
Analysts have raised price targets recently, with Barclays setting a target of $149 and Morgan Stanley at $155. Most analysts maintain positive ratings, such as Overweight or Outperform, but Wells Fargo downgraded the stock to Underweight, citing valuation concerns and normalized growth expectations.