Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Avista ( (AVA) ) just unveiled an update.
On May 14, 2026, Avista Corporation issued $90 million of 4.77% first mortgage bonds due 2029 and $70 million of 6.10% first mortgage bonds due 2056 in a private placement with institutional investors, secured by a lien on substantially all company property. The net proceeds are earmarked to refinance existing indebtedness and fund utility capital expenditures, with an additional $70 million of 6.10% bonds expected in August 2026, underscoring Avista’s continued reliance on long-dated secured debt to support its capital program.
At its May 14, 2026 annual meeting, Avista shareholders re-elected eleven directors, ratified Deloitte & Touche LLP as the 2026 auditor, and approved an advisory vote on executive compensation. A proposal to lower the supermajority shareholder approval threshold for certain matters from 80% of outstanding shares to a simple majority failed, preserving the company’s existing high voting hurdle and maintaining the current governance structure.
The most recent analyst rating on (AVA) stock is a Hold with a $39.00 price target. To see the full list of analyst forecasts on Avista stock, see the AVA Stock Forecast page.
Spark’s Take on AVA Stock
According to Spark, TipRanks’ AI Analyst, AVA is a Neutral.
Overall score reflects stable but constrained fundamentals (softening revenue growth, levered balance sheet, and historically volatile free cash flow) partially offset by attractive valuation (low P/E and strong dividend yield). Technicals are neutral, and the earnings call was balanced—affirmed guidance and growth initiatives, but meaningful regulatory and capital/financing execution risks.
To see Spark’s full report on AVA stock, click here.
More about Avista
Avista Corporation is a regulated utility company that finances its operations through secured first mortgage bonds backed by substantially all of its utility assets. The company focuses on utility capital investment and manages its capital structure through private placement debt issuances to institutional investors, reflecting an emphasis on long-term infrastructure funding and balance sheet management.
Average Trading Volume: 612,465
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.4B
For an in-depth examination of AVA stock, go to TipRanks’ Overview page.