IDACORP (IDA) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.79
- Estimate
- $1.78
- Surprise
- +0.8%
- Revenue (period 2026-06-30)
- $469.8M
- Score at report (before → after)
- 4.7 → 4.9/10
Revenue source: mixed.
How the report landed
IDACORP (IDA) beat the $1.78 estimate with diluted EPS of $1.79 — a modest 0.8% upside surprise. TrendMatrix's engine moved from Buy (Wait) (4.7/10) to Hold at 4.9/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates IDA Hold at 5.0/10.
3 of the last 4 quarters beat the estimate; this quarter's +0.8% surprise compares with a +4.5% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Sector modifier (Utilities): +1.0
- Strong earnings beat streak (3/4)
What argues against it
- Concentration risk — Geographic: Idaho (95.0%)
- Concentration risk — Regulatory: IPUC
- Analyst target reached - limited upside remaining
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $135.70
- Price target
- $137.65
- Stop
- $130.80
- Upside to target
- +1.4%
- Reward-to-risk
- 0.3:1
At 22.6× trailing and 19.5× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 28 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-05 — shown for context, not personalized investment advice.
IDA at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Regulated Electric
- Market cap
- $7.85B
- P/E (fwd)
- 19.5
- P/E (ttm)
- 22.6
- 52-week range
- $122.30–$154.91
- Off 52-week high
- 12.4%
- RSI (14)
- 28
- Volume vs avg
- 0.62×
- Score today
- 5.0/10