IDACORP, Inc. (IDA)
IDACORP, Inc. is a regulated electric utility company providing services to southern Idaho and eastern Oregon. They operate a diverse portfolio of power generation facilities, including hydroelectric, natural gas, and coal-fired plants.
Company Overview
IDACORP delivers reliable electric utility services across Idaho and Oregon, capitalizing on a diverse generation portfolio and a growing customer base, offering investors a stable dividend yield and consistent earnings in a regulated market with a beta of 0.60.
Investment Thesis
IDACORP presents a compelling investment opportunity due to its stable, regulated business model and consistent financial performance. The company's regulated utility operations provide a predictable revenue stream and a history of steady dividend payouts, currently yielding 2.57%. With a beta of 0.60, IDA exhibits lower volatility compared to the broader market, making it an attractive option for risk-averse investors. Key value drivers include the company's ability to secure favorable regulatory outcomes, manage operating costs effectively, and capitalize on growing demand for electricity in its service territory. The company's profit margin of 17.6% demonstrates its ability to translate revenue into profit. Upcoming catalysts include continued infrastructure investments to enhance grid reliability and expansion of renewable energy sources to meet evolving customer preferences and regulatory requirements. The company's P/E ratio is 23.07.
Key Highlights
- Market capitalization of $7.31 billion, reflecting investor confidence in the company's stability and growth prospects.
- Profit margin of 17.6%, indicating efficient operations and effective cost management.
- Dividend yield of 2.57%, providing a steady income stream for investors.
- Beta of 0.60, demonstrating lower volatility compared to the overall market.
- Serves approximately 604,000 retail customers in southern Idaho and eastern Oregon, providing a stable and growing customer base.
Competitors
Strengths
- Regulated utility operations provide stable and predictable earnings.
- Diverse generation portfolio offers flexibility and resilience.
- Strong customer base in a growing service territory.
- Experienced management team with a track record of operational excellence.
Weaknesses
- Exposure to regulatory risk and potential changes in rate structures.
- Dependence on aging infrastructure, requiring ongoing maintenance and upgrades.
- Vulnerability to weather-related events and natural disasters.
- Reliance on coal-fired generation, which faces increasing environmental scrutiny.
Catalysts
- Ongoing: Regulatory approvals for rate increases to recover infrastructure investments.
- Upcoming: Completion of new renewable energy projects to expand generation capacity.
- Ongoing: Population growth and economic development in its service territory.
- Ongoing: Investments in smart grid technologies to improve grid efficiency.
Risks
- Potential: Changes in regulatory policies that could negatively impact profitability.
- Ongoing: Fluctuations in fuel prices, particularly natural gas and coal.
- Potential: Extreme weather events that could disrupt operations and damage infrastructure.
- Potential: Cybersecurity threats that could compromise grid security and customer data.
- Ongoing: Public opposition to infrastructure projects.
Growth Opportunities
- Expansion of Renewable Energy Portfolio: IDACORP has the opportunity to further expand its renewable energy portfolio through investments in solar, wind, and other renewable energy sources. This aligns with growing customer demand for clean energy and regulatory mandates promoting renewable energy development. The market for renewable energy is expected to grow significantly over the next decade, driven by declining costs and supportive government policies. Timeline: Ongoing.
- Infrastructure Investments and Grid Modernization: IDACORP can invest in upgrading its transmission and distribution infrastructure to enhance grid reliability and resilience. This includes investments in smart grid technologies, advanced metering infrastructure, and cybersecurity enhancements. These investments will improve operational efficiency, reduce outages, and enable the integration of distributed energy resources. Timeline: Ongoing.
- Customer Growth in Service Territory: IDACORP's service territory in southern Idaho and eastern Oregon is experiencing population and economic growth, which is driving increased demand for electricity. The company can capitalize on this growth by expanding its customer base and providing reliable and affordable energy services. This represents a significant opportunity for long-term revenue growth. Timeline: Ongoing.
- Strategic Acquisitions and Partnerships: IDACORP can pursue strategic acquisitions and partnerships to expand its geographic footprint, diversify its business operations, and enhance its competitive position. This could include acquiring smaller utilities, investing in renewable energy projects, or partnering with technology companies to develop innovative energy solutions. Timeline: Ongoing.
- Electric Vehicle (EV) Infrastructure Development: With the increasing adoption of electric vehicles, IDACORP has the opportunity to invest in EV charging infrastructure to support the growing demand for EV charging services. This includes deploying public charging stations, offering incentives for residential EV chargers, and partnering with businesses to install workplace charging stations. Timeline: Ongoing.
Opportunities
- Expansion of renewable energy portfolio to meet growing customer demand.
- Investments in smart grid technologies to improve grid efficiency and reliability.
- Strategic acquisitions and partnerships to expand geographic reach.
- Development of new products and services, such as EV charging infrastructure.
Threats
- Increasing competition from alternative energy sources.
- Rising operating costs, including fuel and labor expenses.
- Changes in environmental regulations and carbon pricing policies.
- Economic downturns that could reduce electricity demand.
Competitive Advantages
- Regulated monopoly in its service territory, providing a barrier to entry for competitors.
- Extensive infrastructure network, including power plants, transmission lines, and distribution lines.
- Long-standing relationships with customers and communities in its service territory.
- Diverse generation portfolio, providing flexibility and resilience in meeting customer demand.
About
IDACORP, Inc., established in 1915 and headquartered in Boise, Idaho, is a holding company primarily engaged in the regulated electric utility business through its subsidiaries. The company's core operation involves the generation, transmission, distribution, purchase, and sale of electric energy to approximately 604,000 retail customers across southern Idaho and eastern Oregon. IDACORP operates a diverse portfolio of power generation facilities, including 17 hydroelectric generating plants, three natural gas-fired plants, and interests in two coal-fired steam electric generating plants. This diversified generation mix allows IDACORP to balance cost-effectiveness with reliability in serving its customer base. In addition to its generation assets, IDACORP maintains an extensive network of transmission and distribution infrastructure, including approximately 4,843 pole-miles of high-voltage transmission lines and 28,570 pole-miles of distribution lines. The company serves a diverse range of commercial and industrial customers, including those involved in food processing, electronics manufacturing, agriculture, healthcare, government, and education. IDACORP also invests in housing and other real estate tax credit investments, further diversifying its business interests. IDACORP's commitment to providing reliable and affordable energy, coupled with its strategic investments in infrastructure and diverse generation portfolio, positions it as a key player in the regulated electric utility sector.
What They Do
- Generates electricity through a diverse portfolio of power plants, including hydroelectric, natural gas, and coal-fired facilities.
- Transmits high-voltage electricity across its transmission network to distribution substations.
- Distributes electricity to approximately 604,000 retail customers in southern Idaho and eastern Oregon.
- Purchases electricity from other sources to supplement its own generation capacity.
- Sells electricity to residential, commercial, and industrial customers.
- Invests in infrastructure to maintain and upgrade its electric grid.
- Provides customer service and support to its retail customers.
Business Model
- Generates revenue by selling electricity to retail customers at regulated rates.
- Recovers costs through regulated rates, including operating expenses, capital investments, and a return on equity.
- Manages its generation portfolio to optimize cost-effectiveness and reliability.
- Invests in infrastructure to maintain and expand its electric grid.
Industry Context
IDACORP operates within the regulated electric utility industry, characterized by stable demand, regulated pricing, and significant capital investment requirements. The industry is undergoing a transition towards cleaner energy sources, driven by environmental regulations and changing customer preferences. IDACORP competes with other regional utilities such as ALE, AVA, BKH, CMS, and MGEE. The company's diverse generation portfolio, including hydroelectric, natural gas, and coal-fired plants, positions it to navigate the evolving energy landscape. The market is seeing growth in renewable energy investments.
Key Customers
- Residential customers in southern Idaho and eastern Oregon.
- Commercial customers, including businesses, schools, and hospitals.
- Industrial customers, including food processing plants, manufacturers, and data centers.
Financials
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q4 2025 | $405M | $44M | $0.00 |
| Q3 2025 | $524M | $124M | $0.00 |
| Q2 2025 | $451M | $96M | $0.00 |
| Q1 2025 | $432M | $60M | $0.00 |
Source: Company filings
Chart & Info
Price Chart
IDACORP, Inc. (IDA) stock price: $125.89 (-1.41, -1.11%)
Why Bull
- •Recent insider buying suggests confidence in IDACORP's future performance, indicating that executives see growth opportunities.
- •Community sentiment has leaned positive, with discussions highlighting IDACORP's strong position in the energy sector and commitment to sustainability.
- •Market perception is bolstered by IDACORP's consistent dividend payments, which attract income-focused investors looking for stability.
- •Recent regulatory developments favoring renewable energy initiatives align well with IDACORP's strategic goals, enhancing its growth narrative.
Why Bear
- •Some analysts express concern over rising operational costs, which could impact profit margins in the near term.
- •Community sentiment has shown skepticism regarding the company's ability to adapt quickly to changing market dynamics and competition.
- •Recent discussions include worries about potential regulatory challenges that could hinder growth in the renewable energy sector.
- •Market perception is tempered by broader economic uncertainties that could affect utility companies like IDACORP, leading to cautious investor sentiment.
Latest News
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IDACORP, Inc. Q4 2025 Earnings Call Summary
Moby · Feb 20, 2026
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IdaCorp (IDA) Q4 Earnings Surpass Estimates
Yahoo! Finance: IDA News · Feb 19, 2026
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IdaCorp (IDA) Q4 Earnings Surpass Estimates
Zacks · Feb 19, 2026
-
Are Utilities Stocks Lagging Fortis (FTS) This Year?
Zacks · Feb 19, 2026
Technical Analysis
Rationale
AI-generated technical analysis for IDA including trend direction, momentum, and pattern recognition.
What to Watch
Key support and resistance levels, volume signals, and upcoming events.
Risk Management
Position sizing, stop-loss levels, and risk-reward assessment.
Community
Discussion
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Sentiment
Community sentiment and discussion activity for IDA.
Make a Prediction
Set your price target for IDACORP, Inc. (IDA), choose a timeframe, and track your prediction accuracy.
Current price: $125.89
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for IDA.
Price Targets
Wall Street price target analysis for IDA.
Insider Flow (30d)
MoonshotScore
Score Factors
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Revenue Growth 2/100
Revenue declined -0.7% YoY, signaling shrinking demand or market headwinds.
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Gross Margin 6/100
Gross margin of 35.4% is acceptable but leaves limited room for R&D and marketing investment.
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Operating Leverage 4/100
Limited operating leverage due to slower revenue growth, keeping profit scaling constrained.
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Cash Runway 5/100
Cash position data is currently unavailable for this company.
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R&D Intensity 5/100
R&D spending data is currently unavailable for this company.
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Insider Activity 6/100
No significant insider buying or selling recently, which is neutral for the stock outlook.
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Short Interest 5/100
Float and volume data unavailable for liquidity analysis.
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Price Momentum 0/100
No bullish technical signals detected. The stock lacks upward price momentum currently.
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News Sentiment 5/100
No sentiment data available
What does this score mean?
The MoonshotScore rates IDA's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Competitors & Peers
Frequently Asked Questions
What does IDACORP, Inc. do?
IDACORP, Inc. is a holding company that, through its subsidiaries, engages in the regulated electric utility business. It generates, transmits, distributes, purchases, and sells electric energy to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company operates a diverse portfolio of power generation facilities, including hydroelectric, natural gas-fired, and coal-fired plants, and maintains an extensive network of transmission and distribution infrastructure. IDACORP's core business is providing reliable and affordable electric service to its customers in a regulated environment.
Is IDA stock a good buy?
IDA stock may be a suitable investment for investors seeking stable income and lower volatility. The company's regulated utility operations provide a predictable revenue stream and a history of steady dividend payouts. The dividend yield is 2.57%. However, potential investors should consider the company's exposure to regulatory risk, reliance on coal-fired generation, and the potential impact of rising operating costs. A P/E ratio of 23.07 should also be considered. Overall, IDA offers a compelling value proposition for risk-averse investors seeking long-term stability.
What are the main risks for IDA?
IDACORP faces several key risks, including regulatory risk, fuel price volatility, and environmental regulations. Changes in regulatory policies could negatively impact the company's profitability and ability to recover costs. Fluctuations in fuel prices, particularly natural gas and coal, could increase operating expenses and reduce earnings. Increasingly stringent environmental regulations and carbon pricing policies could require significant investments in cleaner energy sources and increase compliance costs. The company is also exposed to the risk of extreme weather events and cybersecurity threats.
Is IDA a good stock to buy?
Whether IDA is a good investment depends on your financial goals, risk tolerance, and investment horizon. Key factors to evaluate include the company's revenue growth trajectory, profit margins, debt-to-equity ratio, competitive moat, and valuation multiples (P/E, P/S, EV/EBITDA) relative to industry peers. Our AI-generated Investment Thesis and SWOT analysis on this page provide a data-driven starting point. Always do your own research and consider consulting a financial advisor before making investment decisions.
What is the IDA MoonshotScore?
The MoonshotScore for IDA is an AI-powered rating from 0 to 100 that evaluates a stock across four dimensions: growth potential (revenue and earnings trajectory), financial health (balance sheet strength, cash flow), market momentum (price trends, volume patterns, institutional flows), and risk factors (volatility, debt levels, sector headwinds). Scores above 70 indicate strong potential, 50-70 moderate, and below 50 suggests caution. The score is recalculated daily using the latest financial data and market signals.
How often is IDA data updated?
IDA stock prices are updated in real-time during U.S. market hours (9:30 AM - 4:00 PM ET, Monday through Friday). After-hours and pre-market prices are also tracked. Company fundamentals (earnings, revenue, balance sheet) are refreshed when new quarterly or annual reports are filed. Analyst ratings, price targets, and AI-generated insights are updated daily. Breaking news related to IDA is aggregated continuously from premium financial news sources throughout the day.
What are the growth catalysts for IDA?
Growth catalysts for IDACORP, Inc. (IDA) can include several categories: product catalysts (new launches, FDA approvals, patent grants), financial catalysts (earnings beats, margin expansion, share buybacks), strategic catalysts (acquisitions, partnerships, market expansion into new regions), and macro catalysts (favorable regulation, industry tailwinds, secular growth trends). Our AI analyzes IDACORP, Inc.'s specific catalysts using earnings transcripts, SEC filings, and news sentiment to identify the most impactful near-term and long-term drivers.
Who are IDA's main competitors?
IDACORP, Inc. (IDA) competes with companies in its industry that target similar customers, markets, or product categories. Competitor analysis involves comparing key metrics: market share, revenue growth rates, profit margins, R&D spending, and valuation multiples. Understanding competitive positioning helps investors assess whether IDA has a sustainable competitive advantage (moat) through brand strength, network effects, cost leadership, or switching costs. Our Competitors section provides a side-by-side comparison with relevant peers.
What do analysts say about IDA?
Wall Street analyst coverage for IDA includes consensus ratings (buy, hold, or sell), 12-month price targets, and earnings estimates. Analyst opinions are aggregated from major investment banks and research firms. Key metrics to watch include the consensus price target (average, high, and low estimates), the number of analysts covering the stock, any recent rating changes (upgrades or downgrades), and how actual earnings compare to analyst estimates (beat or miss history). Our platform aggregates these from multiple data providers for a comprehensive view.
What is IDA's market cap?
Market capitalization (market cap) for IDA is calculated by multiplying the current share price by the total number of outstanding shares. It represents the market's total valuation of the company. Stocks are typically categorized as mega-cap ($200B+), large-cap ($10B-$200B), mid-cap ($2B-$10B), small-cap ($300M-$2B), or micro-cap (under $300M). Market cap influences index inclusion, institutional ownership eligibility, and risk profile. Our Key Statistics section shows IDA's current market cap alongside enterprise value and other valuation metrics.
How has IDA stock performed recently?
IDA's recent stock performance can be evaluated across multiple timeframes: daily price changes, week-over-week momentum, monthly trends, and year-to-date returns. Important performance indicators include the stock's 52-week high and low, moving averages (50-day and 200-day SMA), relative strength index (RSI), and volume trends. Comparing IDA's performance against its sector index and the S&P 500 provides context on whether it is outperforming or underperforming the broader market.
What are the risks of investing in IDA?
Key risk categories for IDA include: market risk (overall market downturns affecting stock prices), company-specific risk (management changes, product failures, competitive threats), financial risk (high debt levels, cash burn, dilution from stock issuance), regulatory risk (government policy changes, lawsuits, compliance issues), and macroeconomic risk (interest rate changes, inflation, currency fluctuations). Beta measures IDA's volatility relative to the market - a beta above 1.0 means higher volatility than the S&P 500. Our AI-generated risk assessment identifies the most relevant risk factors for this specific stock.
Are insiders buying or selling IDA?
Insider trading activity for IDA tracks purchases and sales by company executives, directors, and major shareholders (10%+ owners) as reported in SEC Form 4 filings. Insider buying is generally considered a bullish signal because insiders have the deepest knowledge of company operations, while selling may have various motivations (diversification, tax planning, pre-planned 10b5-1 trading plans). Key metrics include the buy-to-sell ratio, total dollar value of insider transactions, and whether multiple insiders are trading in the same direction. Our Insider Flow tab shows recent transactions with dates and dollar amounts.
Is IDA a good stock for beginners?
IDACORP, Inc. (IDA) can be suitable for beginner investors depending on several factors. Look at the MoonshotScore on this page for an overall AI-powered assessment of growth potential and risk. Beginners should also check the company's market cap (larger companies tend to be less volatile), gross margin (higher margins mean stronger business fundamentals), and cash position (healthy cash reduces bankruptcy risk). Always start with a small position size and never invest money you cannot afford to lose.
How risky is IDA for first-time investors?
Every stock carries risk, including IDACORP, Inc. (IDA). First-time investors should review the Risk Factors section on this page for company-specific risks. Key risk indicators include price volatility (check the chart for daily swings), insider selling activity (see Insider Flow tab), and cash runway (see MoonshotScore breakdown). A diversified portfolio with an index fund like the S&P 500 as a core holding is generally recommended before adding individual stocks like IDA.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
- Information is based on publicly available data and may be subject to change.