NYSE:IDA - IDACORP Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $102.20
  • Forecasted Upside: 15.60 %
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$88.41
▼ -0.22 (-0.25%)
1 month | 3 months | 12 months
Get New IDACORP Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for IDA and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for IDA

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$102.20
▲ +15.60% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for IDACORP in the last 3 months. The average price target is $102.20, with a high forecast of $110.00 and a low forecast of $94.00. The average price target represents a 15.60% upside from the last price of $88.41.
Buy
The current consensus among 5 polled investment analysts is to buy stock in IDACORP. This rating has held steady since April 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
8/3/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/1/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/30/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 1 sell ratings
4/29/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
7/28/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
10/26/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
12/25/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
1/24/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/6/2021Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$95.00 ➝ $94.00N/A
i
9/21/2020SidotiLower Price TargetBuy$108.00 ➝ $101.00High
i
5/4/2020SidotiUpgradeNeutral ➝ Buy$97.00 ➝ $104.00Medium
i
5/1/2020Wells Fargo & CompanyLower Price TargetEqual Weight$117.00 ➝ $96.00Low
i
5/1/2020Siebert Williams ShankUpgradeHold ➝ Buy$104.00 ➝ $110.00Medium
i
5/1/2020Bank of AmericaReiterated RatingBuy$105.00 ➝ $102.00High
i
3/18/2020Bank of AmericaUpgradeNeutral ➝ BuyHigh
i
3/18/2020UBS GroupUpgradeNeutral ➝ Buy$110.00 ➝ $104.00High
i
2/21/2020Wells Fargo & CompanyBoost Price TargetEqual Weight$113.00 ➝ $117.00Low
i
11/4/2019Bank of AmericaUpgradeUnderperform ➝ NeutralMedium
i
11/1/2019Williams CapitalUpgradeSell ➝ Hold$90.00 ➝ $104.00Low
i
Rating by C. Ellinghaus at Williams Capital
9/27/2019SidotiInitiated CoverageNeutral$114.00Low
i
9/17/2018Wells Fargo & CompanyBoost Price TargetMarket Perform$95.00 ➝ $96.00Low
i
6/4/2018Williams CapitalDowngradeHold ➝ Sell$80.00High
i
Rating by C. Ellinghaus at Williams Capital
2/26/2018Williams CapitalReiterated RatingHold ➝ Hold$86.00 ➝ $80.00Medium
i
1/9/2018Bank of AmericaInitiated CoverageUnderperform ➝ Underperform$85.00N/A
i
10/20/2017KeyCorpReiterated RatingHoldN/A
i
9/1/2017KeyCorpReiterated RatingHoldLow
i
10/18/2016Williams CapitalInitiated CoverageHold$75.00N/A
i
Rating by C. Ellinghaus at Williams Capital
(Data available from 1/24/2016 forward)
IDACORP logo
IDACORP, Inc. engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in three coal-fired steam electric generating plants located in Wyoming, Nevada, and Oregon. As of December 31, 2019, it had approximately 4,830 pole-miles of high-voltage transmission lines; 24 step-up transmission substations located at power plants; 21 transmission substations; 9 switching stations; 31 mixed-use transmission and distribution substations; 185 energized distribution substations; and 27,968 pole-miles of distribution lines, as well as provides electric utility services to approximately 572,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, and winter recreation activities. It also invests in housing and other real estate investments. The company was founded in 1915 and is headquartered in Boise, Idaho.
Read More

Today's Range

Now: $88.41
$87.34
$89.03

50 Day Range

MA: $92.69
$87.27
$96.86

52 Week Range

Now: $88.41
$69.05
$113.58

Volume

334,197 shs

Average Volume

383,957 shs

Market Capitalization

$4.46 billion

P/E Ratio

18.12

Dividend Yield

3.20%

Beta

0.43

Frequently Asked Questions

What sell-side analysts currently cover shares of IDACORP?

The following equities research analysts have issued reports on IDACORP in the last year: Bank of America Co., Sidoti, Siebert Williams Shank, TheStreet, UBS Group AG, and Wells Fargo & Company.

What is the current price target for IDACORP?

5 Wall Street analysts have set twelve-month price targets for IDACORP in the last year. Their average twelve-month price target is $102.20, suggesting a possible upside of 15.6%. Siebert Williams Shank has the highest price target set, predicting IDA will reach $110.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $94.00 for IDACORP in the next year.

What is the current consensus analyst rating for IDACORP?

IDACORP currently has 1 sell rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe IDA will outperform the market and that investors should add to their positions of IDACORP.

What other companies compete with IDACORP?

How do I contact IDACORP's investor relations team?

IDACORP's physical mailing address is 1221 WEST IDAHO STREET, BOISE ID, 83702. The energy company's listed phone number is 208-388-2200 and its investor relations email address is [email protected] The official website for IDACORP is www.idacorpinc.com.