IDACORP, Inc. (IDA)

Over the past six months, IDACORP's stock traded within a 52-week range of approximately $108.15 to $149.73, reaching an all-time high of $147.93 on April 23, 2026. Key events include the announcement of Third Quarter 2025 results with increased net income and full-year earnings guidance, Fourth Quarter and Year-End 2025 results with EPS beating estimates but revenue missing expectations, dividend declarations, stronger First Quarter 2026 results with increased net income, reaffirmation of full-year 2026 earnings guidance, an agreement by Idaho Power to sell its Oregon distribution and certain transmission assets for $154 million, and reaffirmation of earnings guidance for the full year of 2026. The stock has seen an increase of 26.26% from May 5, 2025, to May 1, 2026, driven by surging electricity demand from data centers and AI infrastructure.

Demand for IDACORP's products and services exhibits seasonality, with mild weather conditions leading to decreased residential and commercial electricity usage, while industrial energy sales have shown growth. Hydropower generation is subject to seasonal variations, with the 2026 outlook being trimmed due to low snowpack, impacting the availability of low-cost generation.

IDACORP, Inc. operates in the Utilities sector, specifically in the Electric Power industry, focusing on the generation, transmission, distribution, purchase, and sale of electric energy. Its main subsidiary, Idaho Power, serves over 660,000 customers in southern Idaho and eastern Oregon. The company's energy mix includes hydropower, natural gas, and coal, with a transition towards 100% clean energy by 2045. IDACORP also has investments in affordable housing and small hydroelectric projects.

IDACORP's primary geographic footprint covers a 24,000-square-mile service area in southern Idaho and eastern Oregon.

IDACORP and Idaho Power emphasize corporate responsibility and ESG stewardship, focusing on providing reliable, affordable, and clean energy with a commitment to 100% clean energy by 2045. The company highlights strong operational and financial performance, including consecutive years of earnings growth and high reliability. IDACORP aims to keep customer prices lower than the national average. IDACORP was rated as "Lower Risk" regarding corporate weaponization and advocacy bias, but "Medium Risk" for employment protection. The company also focuses on enhancing its existing grid through initiatives like its Wildfire Mitigation Plan.

Institutional investors are the primary owners of IDACORP Inc., holding approximately 63.59% to 101.67% of the company's stock. Major institutional shareholders include BlackRock, Inc., Vanguard Group Inc., Wellington Management Group LLP, and State Street Corp. Insider ownership is approximately 0.33% to 1.94%.