IDA

Idacorp Inc

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122.580

+1.91(1.583%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

122.690

Open

121.050

VWAP

Vol

416.20K

Mkt Cap

6.62B

Low

120.695

Amount

EV/EBITDA(TTM)

16.65

Total Shares

50.69M

9.44B

EV/OCF(TTM)

15.50

P/S(TTM)

3.63

IDACORP, Inc. is a holding company. The Company operates through its subsidiary, Idaho Power Company (Idaho Power). Idaho Power is an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity and is regulated by the state regulatory commissions of Idaho and Oregon and by the Federal Energy Regulatory Commission. Idaho Power provides electric utility service to over 649,000 retail customers in southern Idaho and eastern Oregon. Its customers are in food processing, electronics and general manufacturing, agriculture and others. Idaho Power provides irrigation customers with electric utility service to operate irrigation pumps during the agricultural growing season. Its other subsidiaries include IDACORP Financial Services, Inc. (IFS), an investor in affordable housing and other real estate tax credit investments, and Ida-West Energy Company (Ida-West), an operator of small PURPA-qualifying hydropower generation projects.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

345.76M

-13.15%

0.706

+0.79%

663.33M

+25.5%

2.264

+6.78%

531.10M

+17.75%

1.778

+3.96%

Estimates Revision

The market is revising Downward the revenue expectations for IDACORP, Inc. (IDA) for FY2025, with the revenue forecasts being adjusted by -0.66% over the past three months. During the same period, the stock price has changed by 3.80%.

Revenue Estimates for FY2025

Revise Downward

-0.66%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+0.29%

In Past 3 Month

Stock Price

Go Up

+3.80%

In Past 3 Month

7 Analyst Rating

3.14% Upside

Wall Street analysts forecast IDA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IDA is 126.43 USD with a low forecast of 120.00 USD and a high forecast of 135.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

3 Hold

0 Sell

Moderate Buy

3.14% Upside

Current: 122.580

Low

120.00

Averages

126.43

High

135.00

3.14% Upside

Current: 122.580

Low

120.00

Averages

126.43

High

135.00

UBS

Neutral

maintain

$118 -> $120

2025-07-11

Reason

UBS

Price Target

$118 -> $120

2025-07-11

maintain

Neutral

Reason

UBS raised the firm's price target on Idacorp to $120 from $118 and keeps a Neutral rating on the shares.

UBS

Neutral

downgrade

$121 -> $120

2025-06-02

Reason

UBS

Price Target

$121 -> $120

2025-06-02

downgrade

Neutral

Reason

UBS lowered the firm's price target on Idacorp to $120 from $121 and keeps a Neutral rating on the shares.

Morgan Stanley

David Arcaro

Equal Weight

downgrade

$129 -> $128

2025-05-22

Reason

Morgan Stanley

David Arcaro

Price Target

$129 -> $128

2025-05-22

downgrade

Equal Weight

Reason

Morgan Stanley analyst David Arcaro lowered the firm's price target on Idacorp to $128 from $129 and keeps an Equal Weight rating on the shares. The firm is updating its price targets for stocks in the Regulated & Diversified Utilities / IPP North America sector under its coverage, the analyst tells investors. Utilities continue to see strong interest from both data centers and large load customers, the firm notes. Additionally, management teams believe any changes to the IRA are manageable, with many companies with safe harboring in place, the firm adds.

UBS

William Appicelli

Hold

Maintains

$117 → $122

2025-03-21

Reason

UBS

William Appicelli

Price Target

$117 → $122

2025-03-21

Maintains

Hold

Reason

Morgan Stanley

David Arcaro

Hold

Maintains

$126 → $131

2025-03-20

Reason

Morgan Stanley

David Arcaro

Price Target

$126 → $131

2025-03-20

Maintains

Hold

Reason

Morgan Stanley raised the firm's price target on Idacorp to $131 from $126 and keeps an Equal Weight rating on the shares. The firm is updating its price targets for North American Regulated and Diversified Utilities/IPPs, the analyst tells investors. In February, utilities outperformed the S&P's -1.30% return, the firm says. Key takeaways from the firm's annual Energy & Power Conference includes continued strong demand from data centers; regulatory uncertainty in power markets; renewables defense with safe harboring, equipment onshoring, and rising return levels; and new generation build challenges, the firm notes.

B of A Securities

Ross Fowler

Strong Buy

Maintains

$119 → $127

2025-03-03

Reason

B of A Securities

Ross Fowler

Price Target

$119 → $127

2025-03-03

Maintains

Strong Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Idacorp Inc (IDA.N) is 20.21, compared to its 5-year average forward P/E of 19.86. For a more detailed relative valuation and DCF analysis to assess Idacorp Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

19.86

Current PE

20.21

Overvalued PE

21.42

Undervalued PE

18.29

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

13.46

Current EV/EBITDA

14.03

Overvalued EV/EBITDA

14.17

Undervalued EV/EBITDA

12.76

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

3.42

Current PS

3.28

Overvalued PS

3.90

Undervalued PS

2.94