IDACORP jumps as analysts turn more upbeat ahead of April 30 earnings
IDACORP shares rose after renewed bullish sell-side commentary and growing positioning ahead of the company’s Q1 2026 earnings report on April 30, 2026. Recent analyst actions include a raised $158 price target with a Buy rating and a separate move to $159 with an Overweight rating, helping lift the utility stock.
1. What’s moving the stock today
IDACORP (NYSE: IDA) is higher in Thursday trading (April 23, 2026) as investors lean into a more constructive analyst setup into next week’s quarterly results. The company is scheduled to report first-quarter 2026 earnings on Thursday, April 30, 2026, before the market opens, with an investor call later that day. (idacorpinc.com)
2. Analyst tone shifts in focus
Recent commentary has tilted more positive for the regulated utility. One note highlighted a higher price target of $158 while keeping a Buy stance and pointed to rate-case-related revenue benefits starting January 1, 2026 as part of the forward earnings setup; separately, another firm raised its target to $159 and kept an Overweight rating. Together, the higher targets are supporting incremental demand as the market heads into the Q1 print. (investing.com)
3. Why the next catalyst is April 30
With earnings days away, the stock’s move also reflects event-driven positioning. The April 30 report and conference call are the next major fundamental checkpoint for management’s 2026 outlook and for any updates on cost recovery, capital spending, and rate-related earnings visibility. (idacorpinc.com)