IDACORP, Inc. (IDA)
NYSE: IDA · Real-Time Price · USD
118.95
+0.77 (0.65%)
May 30, 2025, 4:00 PM - Market closed
IDACORP Stock Forecast
Stock Price Forecast
According to 7 professional analysts, the 12-month price target for IDACORP stock ranges from a low of $116 to a high of $128. The average analyst price target of $123.14 forecasts a 3.52% increase in the stock price over the next year.
Price Target: $123.14 (+3.52%)
Analyst Consensus: Buy
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 3 | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 5 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $129 → $128 | Hold | Maintains | $129 → $128 | +7.61% | May 22, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $121 → $125 | Hold | Maintains | $121 → $125 | +5.09% | May 2, 2025 |
| Guggenheim | Guggenheim | Strong Buy Maintains $121 → $126 | Strong Buy | Maintains | $121 → $126 | +5.93% | May 2, 2025 |
| UBS | UBS | Hold Maintains $117 → $122 | Hold | Maintains | $117 → $122 | +2.56% | Mar 21, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $126 → $131 | Hold | Maintains | $126 → $131 | +10.13% | Mar 20, 2025 |
Financial Forecast
Revenue This Year
1.93B
from 1.83B
Increased by 5.60%
Revenue Next Year
2.12B
from 1.93B
Increased by 9.80%
EPS This Year
5.86
from 5.50
Increased by 6.62%
EPS Next Year
6.43
from 5.86
Increased by 9.67%
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 | 2.5B | ||
| Avg | 1.9B | 2.1B | 2.3B | ||
| Low | 1.8B | 1.9B | 2.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 14.6% | 21.0% | 18.0% | ||
| Avg | 5.6% | 9.8% | 6.9% | ||
| Low | -2.7% | -1.0% | -2.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.18 | 6.77 | 7.34 | ||
| Avg | 5.86 | 6.43 | 6.95 | ||
| Low | 5.64 | 6.17 | 6.62 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 12.4% | 15.5% | 14.1% | ||
| Avg | 6.6% | 9.7% | 8.1% | ||
| Low | 2.5% | 5.3% | 2.9% |
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.