IDACORP (IDA) News Today

IDACORP, Inc. (NYSE: IDA) shares were trading lower as investors weighed a mixed set of earnings-estimate revisions from Zacks Research. The changes provide modestly positive long-term signals but include cuts to several estimates, limiting near-term enthusiasm.

• Positive Sentiment: Zacks raised its IDACORP EPS forecasts for Q4 2026 to $0.85 from $0.81, Q2 2027 to $2.04 from $1.92, Q3 2027 to $2.79 from $2.68, FY2027 to $6.93 from $6.91, and FY2028 to $7.66 from $7.52. The upgrades suggest expectations for improving earnings growth beyond the current year. IDACORP Zacks Research earnings estimates
• Neutral Sentiment: Zacks’ FY2026 EPS forecast is now $6.40, down slightly from $6.43 but broadly in line with the current consensus estimate of $6.39. The revisions do not materially change the company’s near-term earnings outlook. IDACORP earnings forecast update
• Negative Sentiment: Zacks cut its Q1 2028 EPS estimate to $1.16 from $1.37 and its Q2 2028 estimate to $2.03 from $2.06. These reductions point to weaker expectations for portions of 2028 and may be contributing to the cautious market reaction despite the longer-term upgrades. IDACORP future EPS estimate reductions

Overall, the revisions are mixed: modestly weaker estimates for FY2026 and early 2028 offset stronger forecasts for late 2026, 2027 and full-year 2028. With IDACORP’s shares already below their 50-day moving average, investors may be focusing more on the near-term estimate cuts than on the longer-range upgrades.