Reasons to Consider IdaCorp (IDA) as a New Investment Opportunity
IdaCorp's Zacks Rank Upgrade: IdaCorp (IDA) has been upgraded to a Zacks Rank #2 (Buy), indicating a positive outlook on its earnings estimates, which could lead to increased stock prices.
Earnings Estimates and Stock Movement: The Zacks rating system correlates changes in earnings estimates with stock price movements, suggesting that rising estimates for IdaCorp reflect an improvement in its business fundamentals.
Zacks Rating System Effectiveness: The Zacks Rank system, which categorizes stocks based on earnings estimate revisions, has a strong track record, with Zacks Rank #1 stocks averaging a +25% annual return since 1988.
Future Earnings Projections: For the fiscal year ending December 2025, IdaCorp is expected to earn $5.85 per share, with analysts having raised their estimates by 0.2% over the past three months, reinforcing the stock's positive outlook.
Trade with 70% Backtested Accuracy
Analyst Views on IDA
About IDA
About the author

IDACORP (IDA) Declares $0.88 Quarterly Dividend with 2.65% Yield
- Dividend Declaration: IDACORP has declared a quarterly dividend of $0.88 per share, consistent with previous payouts, indicating the company's stable cash flow and shareholder return strategy, which is likely to attract more investor interest.
- Yield Analysis: The forward yield of 2.65% is competitive in the current market environment, potentially enhancing investor confidence in IDACORP's stock and promoting price stability.
- Payment Schedule: The dividend will be payable on March 2, with a record date of February 5 and an ex-dividend date also on February 5, providing shareholders with a clear timeline that aids in financial planning.
- Future Outlook: IDACORP has also upgraded its 2025 earnings per share (EPS) guidance to a range of $5.80 to $5.90, reflecting positive impacts from customer demand and infrastructure growth, further bolstering market confidence in its long-term growth potential.

Goldman Sachs Raises Amazon Price Target to $300
- Amazon Price Target Increase: Goldman Sachs raised Amazon's price target from $290 to $300, anticipating that its Q4 earnings report will reflect similar positive narratives as seen in Q3, thereby boosting market confidence in its future growth.
- Nvidia Overweight Rating Maintained: Wells Fargo reiterated its overweight rating on Nvidia, citing its strong competitive positioning in gaming GPUs and significant growth opportunities in AI, data centers, and HPC, which are expected to drive future revenue.
- Rivian Rating Downgrade: UBS downgraded Rivian from neutral to sell with a price target of $15, indicating that market expectations for the company are too high, leading to an unfavorable risk/reward scenario.
- CNH Industrial Upgrade: Goldman Sachs upgraded CNH Industrial from neutral to buy, noting a turnaround in the construction equipment market, which may benefit from a rebound in U.S. residential construction, highlighting the company's growth potential.





