IDACORP Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, IDACORP stock has a consensus rating of "Buy" and an average price target of $153. The average 1-year stock price forecast is 7.01% higher than the current stock price, while the lowest is $121 (-15.37%) and the highest is $167 (+16.80%).

Price Target: $153 (+7.01%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$121	$153	$157	$167
Change	-15.37%	+7.01%	+9.81%	+16.80%

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 '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	5	5	5	5	5	5
Buy	1	2	2	2	2	2
Hold	2	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	1	1	1	1	1
Total	8	9	9	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Arcaro Morgan Stanley	Morgan Stanley	Buy Maintains $157 → $147	Buy	Maintains	$157 → $147	+2.81%	May 21, 2026
Michael Lonegan Barclays	Barclays	Buy Maintains $167	Buy	Maintains	$167	+16.80%	May 15, 2026
Anthony Crowdell Mizuho Securities	Mizuho Securities	Buy Maintains $148 → $157	Buy	Maintains	$148 → $157	+9.81%	May 1, 2026
Alex Kania BTIG	BTIG	Buy Maintains $156	Buy	Maintains	$156	+9.11%	May 1, 2026
Shahriar Pourreza Wells Fargo	Wells Fargo	Sell Maintains $118 → $121	Sell	Maintains	$118 → $121	-15.37%	Apr 21, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.98B

from 1.81B

8.95%

from 1.81B

Revenue Next Year

2.16B

from 1.98B

9.54%

from 1.98B

EPS This Year

6.38

from 5.90

8.22%

from 5.90

EPS Next Year

6.95

from 6.38

8.81%

from 6.38

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.46B	1.64B	1.77B	1.83B	1.81B	1.98B
Revenue Growth	7.95%	12.75%	7.44%	3.41%	-0.75%	8.95%
Net Income	245.55M	258.98M	261.20M	289.17M	323.47M	365.70M
EPS	-	-	-	-	5.90	6.38
EPS Growth	-	-	-	-	7.27%	8.22%
Forward PE	22.83	20.74	19.20	18.99	20.07	22.39
Dividend / Share	2.88	3.04	3.20	3.35	3.46	3.67
Dividend Growth	-	5.56%	5.26%	4.69%	3.28%	6.00%
No. Analysts	-	-	-	-	-	8

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	2.1B
Avg	2.0B
Low	1.9B

Revenue Growth

Revenue Growth	2026	2027	2028
High	14.8%
Avg	9.0%
Low	2.5%

EPS Forecast

EPS	2026	2027	2028
High	6.51
Avg	6.38
Low	6.34

EPS Growth

EPS Growth	2026	2027	2028
High	10.3%
Avg	8.2%
Low	7.5%