IDACORP
IDA · NYSE · Utilities
$131.58
$1.64 (-1.25%) today
Market Cap
$7.61B
24h Volume
$176.6M
P/E Ratio
21.8
52w High
$153.61
52w Low
$122.42
Est. AI Revenue
12%
7-Day Sparkline (Static)
Company facts
Performance
About IDACORP
IDACORP is the holding company for Idaho Power, a regulated electric utility serving southern Idaho and eastern Oregon. Idaho Power generates, transmits and distributes electricity, drawing heavily on its low cost hydroelectric system anchored by the Hells Canyon Complex on the Snake River, and earns returns approved by state regulators.
Because Idaho Power is small, individual customers matter. Meta operates a data center in Kuna, near Boise, and Micron is expanding its memory chip fabrication operations in Boise. Management repeatedly cites data centers and the Micron buildout as the drivers of record load growth and a larger capital plan for new generation, storage and transmission.
Idaho Power was incorporated in 1915, and IDACORP is headquartered in Boise, Idaho, with about 2,200 employees. Its shares trade on the NYSE.
IDACORP in the AI buildout
IDACORP sits in the Utilities & Grid layer of the AI buildout. Its exposure is unusually concentrated for a utility: Meta's Kuna data center and Micron's Boise fab expansion are large enough to move Idaho Power's total load on their own, something that rarely happens at big utilities. Serving them drives record capital spending on generation, storage and wires, and cheap hydro from the Hells Canyon Complex helps keep that power competitive. Regulated returns cap the upside, but the AI linkage is direct and visible.
IDA is tracked in Utilities & Grid, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
IDA trades at $131.58, 29% of the way up its 52-week range of $122.42 to $153.61.
Market cap
Market capitalization is $7.61B, with an AI Exposure Score of 30 out of 100.
Valuation vs peers
Its P/E ratio of 21.8 is in line with the Utilities & Grid category median of 21.7.
Next earnings
IDACORP is next expected to report earnings on October 29, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does IDACORP do?
IDACORP is the parent of Idaho Power, a regulated electric utility serving southern Idaho and eastern Oregon. Idaho Power generates and delivers electricity, with a large share coming from its hydroelectric plants, including the Hells Canyon Complex on the Snake River.
How is IDACORP exposed to AI?
Idaho Power serves Meta's Kuna data center and Micron's expanding Boise chip operations, two AI linked customers big enough to drive record load growth at a utility this size. Supercycle rates it Growing with an AI Exposure Score of 30 out of 100.
Why does IDACORP's small size matter?
At a small utility, a single hyperscaler data center or chip fab can noticeably move total electricity demand. That gives IDACORP proportionally higher AI linked exposure than most large-cap utilities, even though its regulated model works the same way.
Who leads IDACORP?
Lisa A. Grow serves as CEO. The company is headquartered in Boise, Idaho, employs about 2,200 people, and traces its founding to Idaho Power's incorporation in 1915. Its shares trade on the New York Stock Exchange under IDA.
Is IDA a pure play AI stock?
No. IDACORP is a regulated utility earning approved returns on power infrastructure. Meta and Micron make its AI linkage unusually direct for a utility, but Supercycle classifies it as Growing, well short of a pure play.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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