IDACORP, Inc. (IDA) AI Stock Analysis

IDACORP, Inc. is an energy company engaged in the generation, transmission, distribution, purchase, and sale of electric energy. The company operates 17 hydropower plants in southern Idaho and eastern Oregon, three natural gas-fired plants in southern Idaho, and interests in coal-fired steam electric plants located in Wyoming and Nevada. Its infrastructure includes approximately 4,843 pole-miles of high-voltage transmission lines and over 28,570 pole-miles of distribution lines, delivering electricity to approximately 604,000 retail customers across sectors such as food processing, electronics manufacturing, agriculture, healthcare, government, and education. It also participates in real estate tax credit investments.

Between FY2021 and FY2025, IDACORP expanded revenue from $1.46B to $1.81B, achieving a 5-year revenue CAGR of 6.1%. While annual revenue declined 0.7% in FY2025, net income rose from $245.6M in FY2021 to $323.5M in FY2025, lifting EPS from $4.85 to $5.90. Operating margin improved to 21.9% in FY2025, up from 17.9% in FY2024. Over the trailing twelve months, revenue reached $1.80B with an operating margin of 27.5% and a profit margin of 18.8%. For the latest quarter ended June 30, 2026, quarterly revenue grew 4.2% year-over-year, while quarterly earnings increased 1.7%.

As of June 30, 2026, IDACORP held $83.6M in cash and short-term investments against total debt of $4.01B, resulting in net debt of $3.92B. The company reported a current ratio of 0.99 and a debt-to-equity ratio of 1.06 on $3.77B of shareholders' equity. Operating cash flow reached $601.8M in FY2025, while capital expenditures of $1.18B resulted in free cash flow of -$577.5M. Capital deployment in FY2025 included $188.5M in dividends paid and $3.3M in share buybacks.

At $138.30, IDACORP trades at a trailing P/E of 22.9x and a forward P/E of 18.7x, both above the median of its US-listed Utilities peers of 20.6x and 17.2x, respectively. The company carries an enterprise value of $11.46B, representing an EV/EBITDA of 14.1x versus the peer median of 12.1x, and a price-to-sales ratio of 4.4x versus 2.4x for peers. Over the past year, the stock gained 4.4%, lagging the S&P 500 return of 16.8%, and its 5-year return of 52.3% trailed the index return of 83.0%.

IDACORP pays a forward annual dividend of $3.60 per share, yielding 2.60% with a payout ratio of 58.6%. The company has paid dividends for 42 consecutive years and generated a 5-year annualized dividend growth rate of 4.9%. Its last ex-dividend date was November 5, 2026.

Wall Street analysts maintain 5 Strong Buy, 2 Buy, and 2 Hold ratings, with zero Sell or Strong Sell recommendations. The mean price target of $153.89 indicates an 11.3% upside compared to the last close of $138.30. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $6.39 on revenue of $2.00B. IDACORP beat EPS estimates in 3 of the last 4 quarters, with its next earnings report scheduled for October 29, 2026.

This page is an AI-written research summary of IDACORP, Inc. (IDA). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: IDA income statement, IDA balance sheet, IDA key metrics, IDA analyst forecast, IDA chart. See the IDA stock overview for the latest quote and news.