That’s why I Feel Comfortable With Idacorp, Inc’s (IDA) Future

Idacorp, Inc [IDA] stock prices are up 0.59% to $118.6 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The IDA shares have gain 1.02% over the last week, with a monthly amount glided 4.08%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Idacorp, Inc [NYSE: IDA] stock has seen the most recent analyst activity on April 02, 2025, when Jefferies upgraded its rating to a Buy. Previously, Guggenheim upgraded its rating to Buy on January 23, 2025. On November 05, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $117 on the stock. Mizuho upgraded its rating to a Outperform and increased its price target to $116 on November 01, 2024. Jefferies initiated its recommendation with a Hold and recommended $110 as its price target on September 20, 2024. In a note dated March 13, 2024, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $92 on this stock.

The stock price of Idacorp, Inc [IDA] has been fluctuating between $93.37 and $120.84 over the past year. Currently, Wall Street analysts expect the stock to reach $126.5 within the next 12 months. Idacorp, Inc [NYSE: IDA] shares were valued at $118.6 at the most recent close of the market. An investor can expect a potential return of 6.66% based on the average IDA price forecast.

Analyzing the IDA fundamentals

The Idacorp, Inc [NYSE:IDA] reported sales of 1.82B for trailing twelve months, representing a drop of -3.33%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 117.59 points at the first support level, and at 116.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 119.26, and for the 2nd resistance point, it is at 119.91.

Ratios To Look Out For

It’s worth pointing out that Idacorp, Inc [NYSE:IDA]’s Current Ratio is 1.81. In addition, the Quick Ratio stands at 1.44 and the Cash Ratio stands at 0.94. Considering the valuation of this stock, the price to sales ratio is 3.52, the price to book ratio is 1.91 and price to earnings (TTM) ratio is 21.02.

Transactions by insiders

Recent insider trading involved Malmen Jeffrey L, SVP of Public Affairs, that happened on May 13 ’25 when 5000.0 shares were sold. Officer, Malmen Jeffrey L completed a deal on May 13 ’25 to buy 5000.0 shares. Meanwhile, SVP and COO (IPC) Richins Adam J sold 1500.0 shares on Feb 24 ’25.

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