IDACORP earnings and investor activity

In late July 2026, institutional investors increased their stakes in IDACORP, Inc., with Entropy Technologies LP expanding to roughly 24,273 shares valued at $3.47 million. Several other asset managers adjusted their holdings, while analysts offered mixed coverage—most reaffirming or upgrading buy/overweight ratings and price targets, though Wall Street Zen moved its rating to a sell. The company reported fourth‑quarter earnings per share of $1.21, beating consensus and posting a net margin of 18.6 % on $403.41 million in revenue, while an executive vice‑president sold 1,500 shares at $140.95 each.

A few days later, IDACORP announced its second‑quarter results, showing net income of $102.6 million ($1.79 per diluted share), up from the prior year. Revenue growth was driven by a modest rise in total customers and a 17 % jump in industrial revenue from large contracts with firms such as Micron, Meta, Chobani and the Idaho National Laboratory. The firm also highlighted a sharp reduction in tax‑credit amortization, recording none for the quarter. Reflecting the stronger performance, IDACORP raised the lower end of its FY2026 earnings‑per‑share guidance to $6.30 while keeping the upper bound at $6.45, citing normal weather and limited additional tax credits for the year.