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Idacorp Inc has a consensus price target of $109.86 based on the ratings of 7 analysts. The high is $121 issued by Morgan Stanley on December 13, 2024. The low is $93 issued by Guggenheim on January 22, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, B of A Securities, and Mizuho on December 13, 2024, November 5, 2024, and November 1, 2024, respectively. With an average price target of $118 between Morgan Stanley, B of A Securities, and Mizuho, there's an implied 10.75% upside for Idacorp Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Idacorp (NYSE:IDA) was reported by Morgan Stanley on December 13, 2024. The analyst firm set a price target for $121.00 expecting IDA to rise to within 12 months (a possible 11.23% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Idacorp (NYSE:IDA) was provided by Morgan Stanley, and Idacorp maintained their equal-weight rating.
The last upgrade for Idacorp Inc happened on November 5, 2024 when B of A Securities raised their price target to $117. B of A Securities previously had a neutral for Idacorp Inc.
The last downgrade for Idacorp Inc happened on January 22, 2024 when Guggenheim changed their price target from N/A to $93 for Idacorp Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Idacorp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Idacorp was filed on December 13, 2024 so you should expect the next rating to be made available sometime around December 13, 2025.
While ratings are subjective and will change, the latest Idacorp (IDA) rating was a maintained with a price target of $110.00 to $121.00. The current price Idacorp (IDA) is trading at is $108.78, which is out of the analyst’s predicted range.
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