Analyst Price Target is $108.83
▼ -7.74% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for IDACORP in the last 3 months. The average price target is $108.83, with a high forecast of $117.00 and a low forecast of $93.00. The average price target represents a -7.74% upside from the last price of $117.96.
Current Consensus is
Hold
The current consensus among 6 contributing investment analysts is to hold stock in IDACORP. This Hold consensus rating has held steady for over two years.
IDACORP, Inc., together with its subsidiaries, 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 two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2023, it had approximately 4,762 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 11 switching stations; 30 mixed-use transmission and distribution substations; 186 energized distribution substations; and 29,714 pole-miles of distribution lines, and 131 MW of battery storage, as well as provides electric utility services to approximately 633,000 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, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.
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