Idacorp (IDA)

• Market cap: $6.18B
• 1 day: 0.86%
• 5 days: -1.52%
• 1 month: -0.46%
• 3 months: 4.36%
• 6 months: 10.93%
• Year to date: 5.54%
• 1 year: 23.86%
• 5 years: 27.11%
• 10 years: 86.88%
• Sector: Utilities
• Industry: Electric Services

About: Idacorp Inc is a holding company that, through its subsidiaries, acts as an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity. The companys only reportable segment is utility operations. The utility operations segment's primary source of revenue is the regulated operations of Idaho Power. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education.

Employees: 2,141

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

38% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 52

30% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 125

8% more capital invested

Capital invested by funds: $4.67B [Q3] → $5.05B (+$382M) [Q4]

3% more funds holding

Funds holding: 430 [Q3] → 442 (+12) [Q4]

1.72% more ownership

Funds ownership: 85.1% [Q3] → 86.82% (+1.72%) [Q4]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]

81% less call options, than puts

Call options by funds: $2.01M | Put options by funds: $10.5M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $118 3% upside
• Avg. target: $125 9% upside
• High target: $131 14% upside

4 analyst ratings

• positive: 1 25%
• neutral: 3 75%
• negative: 0 0%

UBS William Appicelli 73% 1-year accuracy 8 / 11 met price target	7% upside $122	Neutral Maintained	21 Mar 2025
Morgan Stanley David Arcaro 48% 1-year accuracy 23 / 48 met price target	14% upside $131	Equal-Weight Maintained	20 Mar 2025
B of A Securities Ross Fowler 38% 1-year accuracy 9 / 24 met price target	11% upside $127	Buy Maintained	3 Mar 2025
Jefferies Julien Dumoulin-Smith 58% 1-year accuracy 47 / 81 met price target	3% upside $118	Hold Maintained	28 Jan 2025