IDA

In the past six months, IDACORP increased its quarterly common stock dividend in September 2026, marking 13 consecutive years of increases. The company reported strong Q2 2026 earnings in late July 2026, surpassing estimates with increased sales, revenue, and EPS, leading to a raised full-year 2026 earnings guidance due to customer growth, rate changes, and increased revenues from large contract customers. Analysts have maintained a 'Moderate Buy' consensus rating for IDA, though some firms like Morgan Stanley and Barclays trimmed their price targets in August 2026 amidst broader utility sector weakness caused by rising long-term Treasury yields. Despite these sector headwinds, IDACORP's regulated utility fundamentals and rate-base growth potential, driven by Idaho's expanding customer base and data center demand, remain positive long-term factors. The company also outlined significant capital expenditure plans for infrastructure development, including new battery storage and converting coal units to natural gas.