Feed / IDA

IDACORP, Inc.

IDA

Utilities · 135.60 +0.0% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

IDACORP, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 14 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Company+0.0% todayVolume comparison unavailable
Market group0 of 14 activeRegulated Electric Utilities · unavailable
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
  • Quarterly wholesale energy volumes sold fell sharply in Q2 2026 versus Q2 2025, reducing wholesale energy revenues.

Invalidation: The isolated read changes if IDA's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Utilities · Utilities - Regulated Electric

No new filing conclusion is available. 0 of 14 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Quarterly wholesale energy volumes sold fell sharply in Q2 2026 versus Q2 2025, reducing wholesale energy revenues.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements112
Verified relationships7
Evidence supporting the case
  • Operating margin changed +1.7 percentage points in the latest annual period.
  • Net margin changed +2.2 percentage points in the latest annual period.
Evidence challenging the case
  • Latest annual revenue changed -1.2% year over year.
  • Diluted shares increased 4.2% in the latest annual period.
  • Energy and commodity prices has repeated adverse evidence across 5 filings.
Questions before a position
  • EV/sales is 16% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

135.60
6m-3.8%12m+8.4%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.4B+7.5%$4.85+0.1%
2022-12-31$1.6B+12.7%$5.11+0.1%
2023-12-31$1.6B+5.2%$5.14+0.2%
2024-12-31$1.8B+7.9%$5.50+3.6%
2025-12-31$1.7B-1.2%$5.90+4.2%

What management says matters

Persistent and emerging business drivers

Demand and volumemixed · 5 filings
In June and July 2026, Idaho Power received orders from the IPUC, OPUC, and WPSC authorizing the company to issue and sell from time to time up to $1.5 billion in aggregate principal amount of debt securities and first mortgage bonds, subject to conditions sp…
10-Q · Jul 30, 2026
Energy and commodity pricesnegative · 5 filings
The decrease in fuel expense in the first six months of 2026 compared with the same period of 2025 was primarily due to a 14 percent decrease in total MWh generated from jointly-owned thermal and natural gas facilities, partially offset by a 2 percent increas…
10-Q · Jul 30, 2026
Legal and regulatory exposuremixed · 4 filings
Income Taxes IDACORP's and Idaho Power's income tax expense increased $12.9 million and $13.6 million, respectively, for the three months ended March 31, 2026, when compared with the same period in 2025, primarily due to decreased ADITC amortization from the…
10-Q · Apr 30, 2026
Macroeconomic conditionsmixed · 3 filings
This increase was primarily driven by inflationary pressures on labor-related costs, professional services, and increases in statutory fees assessed by regulators.
10-K · Feb 19, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 4.3× · EV/sales 6.0×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

135.60+0.0% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for IDA. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for IDA. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind IDA

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

PWFiling-linked namecustomerApr 30, 2026

Idaho Power's power cost adjustment mechanisms in its Idaho and Oregon jurisdictions address the variability of power supply costs and provide for annual adjustments to the rates charged to retail customers.

MUMicron Technology, Inc.customerApr 30, 2026

Large Customer Rate Proceedings In December 2024, Idaho Power filed an application with the IPUC for approval of a special contract for electric service for Micron Idaho Semiconductor Manufacturing (Triton) LLC, a subsidiary of Micron Technology, Inc.

PWFiling-linked namesupplierFeb 19, 2026

Also in December 2024, Idaho Power filed an application with the IPUC to grant a CPCN for Idaho Power to acquire and own two battery storage facilities with a total of 100 MW of operating capacity to address Idaho Power's identified capacity deficiency in 202…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

IDA is currently a Follower in the organic co-movement group Regulated Electric Utilities. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.