IDACORP, Inc. (IDA)

IDACORP Stock Forecast

Stock Price Forecast

The 7 analysts that cover IDACORP stock have a consensus rating of "Buy" and an average price target of $122.86, which forecasts a -3.00% decrease in the stock price over the next year. The lowest target is $116 and the highest is $128.

Price Target: $122.86 (-3.00%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$116	$122.86	$125	$128
Change	-8.42%	-3.00%	-1.31%	+1.06%

* Price targets were last updated on Jul 11, 2025.

Analyst Ratings

The average analyst rating for IDACORP stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	1	1	2	2	2	2
Buy	1	1	1	1	1	1
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
William Appicelli UBS	UBS	Hold Maintains $118 → $120	Hold	Maintains	$118 → $120	-5.26%	Jul 11, 2025
William Appicelli UBS	UBS	Hold Maintains $121 → $120	Hold	Maintains	$121 → $120	-5.26%	Jun 2, 2025
David Arcaro Morgan Stanley	Morgan Stanley	Hold Maintains $129 → $128	Hold	Maintains	$129 → $128	+1.06%	May 22, 2025
Sarah Akers Wells Fargo	Wells Fargo	Hold Maintains $121 → $125	Hold	Maintains	$121 → $125	-1.31%	May 2, 2025
Shahriar Pourreza Guggenheim	Guggenheim	Strong Buy Maintains $121 → $126	Strong Buy	Maintains	$121 → $126	-0.52%	May 2, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.92B

Increased by 5.11%

from 1.83B

Revenue Next Year

2.09B

Increased by 8.96%

from 1.92B

EPS This Year

5.90

Increased by 7.34%

from 5.50

EPS Next Year

6.46

Increased by 9.43%

from 5.90

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.35B	1.46B	1.64B	1.77B	1.83B	1.92B	2.09B
Revenue Growth	0.32%	7.95%	12.75%	7.44%	3.41%	5.11%	8.96%
EPS	4.69	4.85	5.11	5.14	5.50	5.90	6.46
EPS Growth	1.74%	3.41%	5.36%	0.59%	7.00%	7.34%	9.43%
Forward PE	-	-	-	-	-	21.46	19.61
No. Analysts	-	-	-	-	-	7	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	2.1B	2.3B
Avg	1.9B	2.1B
Low	1.8B	1.9B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	14.5%	21.4%
Avg	5.1%	9.0%
Low	-2.7%	-1.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	6.15	6.80
Avg	5.90	6.46
Low	5.69	6.19

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	11.9%	15.3%
Avg	7.3%	9.4%
Low	3.5%	4.9%

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.