Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from IdaCorp ( (IDA) ).
On July 31, 2025, IDACORP, Inc. reported a net income of $95.8 million for the second quarter of 2025, an increase from $89.5 million in the same period of 2024. The growth was attributed to higher customer usage, customer growth, and rate changes, partially offset by increased depreciation and financing costs. The company also announced the commencement of the Boardman-to-Hemingway transmission line project, highlighting its commitment to infrastructure development. Additionally, IDACORP raised the lower end of its full-year 2025 earnings guidance, expecting to utilize significant tax credits under the Idaho regulatory mechanism.
The most recent analyst rating on (IDA) stock is a Hold with a $125.00 price target. To see the full list of analyst forecasts on IdaCorp stock, see the IDA Stock Forecast page.
Spark’s Take on IDA Stock
According to Spark, TipRanks’ AI Analyst, IDA is a Outperform.
IdaCorp’s overall score is driven by its strong financial performance and positive earnings outlook, supported by strategic investments and customer growth. While technical indicators and valuation metrics are favorable, regulatory challenges and cash flow management require attention. The combination of these factors positions IdaCorp as a stable investment in the regulated electric sector, with potential for growth if operational and regulatory challenges are managed effectively.
To see Spark’s full report on IDA stock, click here.
More about IdaCorp
IDACORP, Inc. operates in the energy sector, primarily providing electricity through its subsidiary, Idaho Power Company. The company focuses on building infrastructure to meet growing customer demands and ensuring reliable power supply.
Average Trading Volume: 538,795
Technical Sentiment Signal: Buy
Current Market Cap: $6.62B
See more insights into IDA stock on TipRanks’ Stock Analysis page.