IDACORP Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for IDACORP stock have an average target of 120.5, with a low estimate of 109 and a high estimate of 131. The average target predicts an increase of 4.84% from the current stock price of 114.94.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$109	$120.5	$122	$131
Change	-5.17%	+4.84%	+6.14%	+13.97%

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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	1	1	1	1	1
Buy	0	1	1	1	1	1
Hold	6	4	4	3	3	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	5	5	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
William Appicelli UBS	UBS	Hold Maintains $117 → $122	Hold	Maintains	$117 → $122	+6.14%	Mar 21, 2025
David Arcaro Morgan Stanley	Morgan Stanley	Hold Maintains $126 → $131	Hold	Maintains	$126 → $131	+13.97%	Mar 20, 2025
Ross Fowler B of A Securities	B of A Securities	Strong Buy Maintains $119 → $127	Strong Buy	Maintains	$119 → $127	+10.49%	Mar 3, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold Maintains $129 → $118	Hold	Maintains	$129 → $118	+2.66%	Jan 28, 2025
David Arcaro Morgan Stanley	Morgan Stanley	Hold Maintains $110 → $121	Hold	Maintains	$110 → $121	+5.27%	Dec 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.98B

from 1.83B

8.34%

from 1.83B

Revenue Next Year

2.12B

from 1.98B

7.28%

from 1.98B

EPS This Year

5.90

from 5.50

7.27%

from 5.50

EPS Next Year

6.46

from 5.90

9.56%

from 5.90

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.35B	1.46B	1.64B	1.77B	1.83B	1.98B	2.12B	2.31B
Revenue Growth	0.32%	7.95%	12.75%	7.44%	3.41%	8.34%	7.28%	9.00%
EPS	4.69	4.85	5.11	5.14	5.50	5.90	6.46	6.93
EPS Growth	1.74%	3.41%	5.36%	0.59%	7.00%	7.27%	9.56%	7.15%
Forward PE	-	-	-	-	-	19.48	17.78	16.60
No. Analysts	-	-	-	-	-	9	8	6

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

Revenue Forecast

Revenue	2025	2026	2027
High	2.1B	2.3B	2.5B
Avg	2.0B	2.1B	2.3B
Low	1.9B	2.0B	2.2B

Revenue Growth

Revenue Growth	2025	2026	2027
High	14.9%	15.3%	17.9%
Avg	8.3%	7.3%	9.0%
Low	3.3%	1.2%	1.5%

EPS Forecast

EPS	2025	2026	2027
High	6.26	6.92	7.27
Avg	5.90	6.46	6.93
Low	5.64	6.17	6.62

EPS Growth

EPS Growth	2025	2026	2027
High	13.8%	17.3%	12.4%
Avg	7.3%	9.6%	7.1%
Low	2.5%	4.6%	2.3%

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.