IDACORP, Inc. (IDA)
NYSE: IDA · IEX Real-Time Price · USD
94.60
-0.07 (-0.07%)
At close: Apr 26, 2024, 4:00 PM
95.09
+0.49 (0.52%)
After-hours: Apr 26, 2024, 7:44 PM EDT
IDACORP Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for IDACORP stock have an average target of 92.5, with a low estimate of 88 and a high estimate of 95. The average target predicts a decrease of -2.22% from the current stock price of 94.60.
Analyst Consensus: Hold
* Price targets were last updated on Mar 21, 2024.
Analyst Ratings
The average analyst rating for IDACORP stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 2 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 3 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $92 → $95 | Hold | Maintains | $92 → $95 | +0.42% | Mar 21, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Initiates $92 | Hold | Initiates | $92 | -2.75% | Mar 13, 2024 |
| Mizuho | Mizuho | Hold Maintains $99 → $88 | Hold | Maintains | $99 → $88 | -6.98% | Mar 5, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $100 → $94 | Hold | Maintains | $100 → $94 | -0.63% | Feb 16, 2024 |
| Guggenheim | Guggenheim | Strong Buy → Hold Downgrades $93 | Strong Buy → Hold | Downgrades | $93 | -1.69% | Jan 22, 2024 |
Financial Forecast
Revenue This Year
1.77B
from 1.77B
Decreased by -0.02%
Revenue Next Year
1.87B
from 1.77B
Increased by 6.00%
EPS This Year
5.45
from 5.14
Increased by 5.98%
EPS Next Year
5.83
from 5.45
Increased by 6.95%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.0B | 2.1B | 2.2B | 2.2B |
| Avg | 1.8B | 1.9B | 2.1B | 2.1B |
| Low | 1.4B | 1.5B | 1.9B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.0% | 18.0% | 16.4% | 9.3% |
| Avg | -0.0% | 6.0% | 9.6% | 1.0% |
| Low | -21.0% | -16.6% | 3.7% | -6.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.71 | 6.15 | 6.36 | 6.80 |
| Avg | 5.45 | 5.83 | 6.06 | 6.44 |
| Low | 5.24 | 5.53 | 5.76 | 6.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 11.1% | 13.0% | 9.2% | 12.3% |
| Avg | 6.0% | 7.0% | 4.0% | 6.4% |
| Low | 2.0% | 1.5% | -1.1% | 1.6% |
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.