Barclays cuts IDACORP target to USD 149: IDACORP stock sits 7.94 percent below it

Published on 10/20/2026 at 22:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BofA kept a Buy rating at USD 145.00 on October 12, 2026. IDACORP stock costs EUR 123.00 on October 20, 2026, while NYSE IDA stood at USD 138.04.

Analyst targets and earnings

Barclays cut its IDACORP target from USD 162.00 to USD 149.00 on October 9, 2026.
Bank of America Securities reiterated Buy with a USD 145.00 target on October 12, 2026.
IDACORP stock traded at EUR 123.00 at Lang & Schwarz on October 20, 2026 at 10:04 p.m. CEST.
IDACORP is scheduled to report third-quarter results on October 29, 2026.

IDA, US4511071064, Illustration mit AI erstellt.

IDACORP (ISIN US4511071064) is facing a lower Barclays valuation after the bank cut its price target from USD 162.00 to USD 149.00 on October 9, 2026. According to Markets Insider, Barclays kept an Overweight rating, while its third-quarter earnings estimates were modestly above consensus. IDACORP was trading at EUR 123.00 at Lang & Schwarz on October 20, 2026 at 10:04 p.m. CEST.

Two targets set the range

Bank of America Securities offered a less cautious marker on October 12, 2026, reiterating a Buy rating and setting a USD 145.00 target. Markets Insider reported that the bank's target was paired with quarterly revenue of USD 469.80 million and net profit of USD 102.58 million for the quarter ended June 30, 2026. The figures compare with USD 450.88 million and USD 95.78 million a year earlier, equal to revenue growth of 4.20 percent and net profit growth of 7.10 percent.

Price and valuation stay separate

The Lang & Schwarz euro quote provides the German investor view, while the NYSE listing supplies the home-market context. IDACORP stood at USD 138.04 in the latest home-market quote on October 20, 2026 at 3:59 p.m. EDT, with a market capitalization of USD 8.0 billion, a price-to-earnings ratio of 22.85 and a 52-week range of USD 124.12 to USD 154.91.

At USD 138.04, the Barclays target of USD 149.00 was 7.94 percent above the share price. The lower target therefore still implies a higher level than the latest home-market quote, but the cut from USD 162.00 reduces the stated upside from the earlier target.

Results date gives the next marker

IDACORP's next scheduled reporting date is October 29, 2026. MarketScreener lists the release as the third-quarter 2026 earnings event. The June quarter produced diluted earnings per share of USD 1.83, versus a USD 1.75 consensus estimate, while revenue fell short of the USD 511.87 million estimate at USD 469.80 million.

Regulated utility profile

IDACORP operates Idaho Power, a regulated electric utility serving southern Idaho and eastern Oregon. Its operating profile includes generation, transmission and distribution, making quarterly earnings sensitive to customer demand, power costs and regulatory decisions rather than to a single product cycle.

Stock price and next date

IDACORP was trading at EUR 123.00 at Lang & Schwarz on October 20, 2026 at 10:04 p.m. CEST. The NYSE quote stood at USD 138.04 at 3:59 p.m. EDT, while the next earnings date is October 29, 2026.

The further course of trading is shown by the continuously updated real-time quote of IDACORP stock.