Idacorp (IDA)
NYSEUtilitiesRegulated ElectricSnapshot 2026-09-04
$135.70-0.31%
Close 2026-09-04 · 1-day change
NYSEUtilitiesRegulated ElectricSnapshot 2026-09-04
QuarterlyIQ Insights · IDA
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is still in the top half of its industry but slipped notably this past month — worth watching.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 10.5% |
| Our one-year growth estimate | diamond | 19.0% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 8.5 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 31 industry peers
IDA — debt issuance
Dated 2026-05-15
Entry into a Material Definitive Agreement. On May 15, 2026, IDACORP, Inc. (the “Company” or “IDACORP”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with the several Managers (the “Managers”), Forward Sellers (the “Forward Sellers”), and Forward Purchasers (the “Forward Purchasers”) named therein relating to the issuance, offer, and sale from time to time of shares of the Company’s common stock, without par value (the “Common Stock”), having an aggregate…
Why it matters: Meeting this guidance shows IDACORP can manage costs and grow earnings. It reassures investors about the company's financial health.
Supportive ifQ2 2026 earnings per share reported within the range of $6.25 to $6.45.
Worry ifQ2 2026 earnings per share reported below $6.25.
Why it matters: Strong customer growth helps revenue and overall financial health.
Supportive ifIdaho Power adds more than 15,000 customers in a quarter.
Worry ifCustomer growth falls below 10,000 in a quarter.
Why it matters: Customer growth brings in money. A slowdown may show problems in keeping earnings.
Worry ifCustomer growth rate falls below 2.0% year over year.
Less concerning ifCustomer growth rate remains at or above 2.3% year over year.
Why it matters: Staying under $30 million in ADITC amortization shows good tax management. This can boost net income.
Supportive ifADITC amortization was below $30 million for the year.
Worry ifADITC amortization was above $30 million for the year.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$75 on $10,000 · ±0.7% | How much price usually moves either way. |
| Bad day | $177 loss on $10,000 · 1.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,257 loss on $10,000 · 12.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Finishing projects is important for making more money in the future. Delays can hurt profits.
Supportive ifThe Boardman-to-Hemingway transmission line will finish by the end of 2026.
Worry ifDelays in big infrastructure projects will last past 2026.
Why it matters: Getting battery projects done is important for growth and reliability. Delays can slow plans.
Supportive if250 MWs of battery storage projects will start in 2026.
Worry ifThere may be delays or cancellations for the planned battery storage projects.
Why it matters: Customer growth is key to revenue. A slowdown could impact earnings and future guidance.
Worry ifCustomer growth remains above 2.3% year over year in the next quarter.
Less concerning ifCustomer growth drops below 2.0% year over year in the next quarter.
Why it matters: Higher O&M expenses could reduce net income. Monitoring this helps gauge cost management.
Worry ifO&M expenses increase less than 5% compared to the previous quarter.
Less concerning ifO&M expenses increase more than 10% compared to the previous quarter.
Why it matters: Raising EPS guidance means stronger earnings. This could make investors more confident.
Supportive ifManagement announces an increase in 2025 EPS guidance to $5.80 to $5.90.
Worry ifManagement maintains or lowers the 2025 EPS guidance below $5.80.
Why it matters: Keeping O&M costs low helps make more money. It shows good cost control.
Supportive ifO&M expenses reported below $525 million for 2026.
Worry ifO&M expenses reported above $535 million for 2026.
Why it matters: An update may show that management believes earnings will grow in 2026.
Supportive ifManagement raises the lower end of 2026 earnings guidance above $6.30 per share.
Worry ifManagement lowers the earnings guidance below $6.25 per share.
Why it matters: The debt issuance details will show how IDACORP plans to use its money. This will also show its flexibility.
Watch forA press release detailing the terms of the debt issuance and its intended use.
Also watch forNo more details are given about the debt issuance or how it affects operations.
Why it matters: New debt can affect financial stability and future growth plans.
Worry ifIssuing debt will raise interest expenses a lot in the next quarter.
Less concerning ifIssuing debt does not hurt interest expenses or the capital structure.
Why it matters: Continued customer growth is key for revenue and income increases.
Supportive ifCustomer growth exceeds 15,000 (2.3%) in the next quarter.
Worry ifCustomer growth falls below 15,000 (2.3%) in the next quarter.
Why it matters: Changes in retail revenue affect total income and show customer usage trends.
Watch forRetail revenue per MWh increases year over year.
Also watch forRetail revenue per MWh decreases year over year.