IDACORP, Inc. (IDA)
NYSE: IDA · Real-Time Price · USD
118.41
+0.45 (0.38%)
Nov 21, 2024, 10:52 AM EST - Market open
IDACORP Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for IDACORP stock have an average target of 108.83, with a low estimate of 93 and a high estimate of 117. The average target predicts a decrease of -8.09% from the current stock price of 118.41.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for IDACORP stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 1 |
Hold | 4 | 4 | 4 | 6 | 6 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 6 | 6 | 6 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $113 → $117 | Hold → Strong Buy | Upgrades | $113 → $117 | -1.19% | Nov 5, 2024 |
Mizuho | Mizuho | Hold → Buy Upgrades $102 → $116 | Hold → Buy | Upgrades | $102 → $116 | -2.04% | Nov 1, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $106 → $109 | Hold | Maintains | $106 → $109 | -7.95% | Oct 16, 2024 |
Morgan Stanley | Morgan Stanley | Hold Maintains $102 → $108 | Hold | Maintains | $102 → $108 | -8.79% | Sep 25, 2024 |
Jefferies | Jefferies | Hold Initiates $110 | Hold | Initiates | $110 | -7.10% | Sep 19, 2024 |
Financial Forecast
Revenue This Year
1.88B
from 1.77B
Increased by 6.49%
Revenue Next Year
1.96B
from 1.88B
Increased by 4.41%
EPS This Year
5.46
from 5.14
Increased by 6.27%
EPS Next Year
5.88
from 5.46
Increased by 7.65%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.0B | 2.1B | 2.2B | ||
Avg | 1.9B | 2.0B | 2.1B | ||
Low | 1.8B | 1.8B | 1.9B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 11.9% | 12.9% | 12.7% | ||
Avg | 6.5% | 4.4% | 4.6% | ||
Low | 1.1% | -2.6% | -3.1% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 5.71 | 6.18 | 6.73 | ||
Avg | 5.46 | 5.88 | 6.35 | ||
Low | 5.27 | 5.62 | 5.88 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 11.1% | 13.2% | 14.5% | ||
Avg | 6.3% | 7.6% | 8.0% | ||
Low | 2.6% | 2.8% | 0.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.