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
Target Low Average Median High
Price $93 $108.83 $110 $117
Change -21.46% -8.09% -7.10% -1.19%

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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000001
Buy 000001
Hold 444664
Sell 000000
Strong Sell 000000
Total 444666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Strong Buy
Upgrades
$113$117
Strong Buy Upgrades $113$117 -1.19% Nov 5, 2024
Mizuho
Mizuho
Buy
Upgrades
$102$116
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
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.35B1.35B1.46B1.64B1.77B1.88B1.96B2.06B
Revenue Growth
-1.78%0.32%7.95%12.75%7.44%6.49%4.41%4.63%
EPS
4.614.694.855.115.145.465.886.35
EPS Growth
2.67%1.74%3.41%5.36%0.59%6.27%7.65%7.98%
Forward PE
-----21.6820.1418.65
No. Analysts -----998
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
11.9%
12.9%
12.7%
Avg
6.5%
4.4%
4.6%
Low
1.1%
-2.6%
-3.1%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.