IDACORP, Inc. (IDA)
NYSE: IDA · Real-Time Price · USD
108.78
-0.22 (-0.20%)
At close: Dec 20, 2024, 4:00 PM
106.55
-2.23 (-2.05%)
After-hours: Dec 20, 2024, 4:35 PM EST
IDACORP Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for IDACORP stock have an average target of 111, with a low estimate of 93 and a high estimate of 121. The average target predicts an increase of 2.04% from the current stock price of 108.78.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 4 | 4 | 6 | 6 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $110 → $121 | Hold | Maintains | $110 → $121 | +11.23% | Dec 13, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $113 → $117 | Hold → Strong Buy | Upgrades | $113 → $117 | +7.56% | Nov 5, 2024 |
| Mizuho | Mizuho | Hold → Buy Upgrades $102 → $116 | Hold → Buy | Upgrades | $102 → $116 | +6.64% | Nov 1, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $106 → $109 | Hold | Maintains | $106 → $109 | +0.20% | Oct 16, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $102 → $108 | Hold | Maintains | $102 → $108 | -0.72% | Sep 25, 2024 |
Financial Forecast
Revenue This Year
1.87B
from 1.77B
Increased by 5.98%
Revenue Next Year
1.99B
from 1.87B
Increased by 6.14%
EPS This Year
5.46
from 5.14
Increased by 6.31%
EPS Next Year
5.88
from 5.46
Increased by 7.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.0B | 2.1B | 2.3B | ||
| 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% | 13.5% | 13.2% | ||
| Avg | 6.0% | 6.1% | 6.1% | ||
| Low | -0.0% | -2.1% | -4.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.71 | 6.18 | 6.81 | |||
| Avg | 5.46 | 5.88 | 6.38 | |||
| Low | 5.27 | 5.62 | 5.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 11.1% | 13.2% | 15.9% | |||
| Avg | 6.3% | 7.6% | 8.5% | |||
| 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.