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Pinnacle West Capital (PNW) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

PNW Stock Forecast

Pinnacle West Capital (PNW) stock forecast, based on 24 Wall Street analysts, predicts a 12-month average price target of $103.13, with a high of $108.00 and a low of $95.00. This represents a 1.82% increase from the last price of $101.29.

$65 $74 $83 $92 $101 $110 High: $108 Avg: $103.13 Low: $95 Last Closed Price: $101.29

PNW Stock Rating

Pinnacle West Capital stock's rating consensus is Hold, based on 24 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (29.17%), 16 Hold (66.67%), 1 Sell (4.17%), and 0 Strong Sell (0.00%).

Hold
Total 24 1 16 7 0 Strong Sell Sell Hold Buy Strong Buy

PNW Price Target Upside V Benchmarks

TypeNameUpside
StockPinnacle West Capital1.82%
SectorUtilities Stocks7.85%
IdeaNuclear Energy Stocks List13.87%

Price Target Trends

1M3M12M
# Anlaysts5724
Avg Price Target$104.00$103.29$97.29
Last Closing Price$101.29$101.29$101.29
Upside/Downside2.68%1.97%-3.95%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
May, 26-413-118
Apr, 26-412-117
Mar, 26-312-116
Feb, 26-312-116
Jan, 26-312-116
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 05, 2026Nicholas CampanellaBarclays$102.00$101.830.17%0.70%
Apr 21, 2026David ArcaroMorgan Stanley$98.00$102.26-4.17%-3.25%
Apr 21, 2026Wells Fargo$106.00$102.952.96%4.65%
Apr 20, 2026Richard SunderlandTruist Financial$108.00$102.954.91%6.62%
Apr 14, 2026Argus Research$106.00$102.303.62%4.65%
Feb 26, 2026Stifel Nicolaus$107.00$99.707.32%5.64%
Feb 20, 2026Morgan Stanley$96.00$97.84-1.88%-5.22%
Jan 23, 2026Stephen D'AmbrisiRBC Capital$103.00$91.6512.38%1.69%
Jan 20, 2026Wells Fargo$91.00$93.71-2.89%-10.16%
Jan 15, 2026Barclays$90.00$92.30-2.49%-11.15%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Apr 21, 2026Morgan StanleyOutperformOutperformhold
Mar 23, 2026Morgan StanleyOutperformOutperformhold
Feb 26, 2026BMO CapitalMarket PerformMarket Performhold
Jan 23, 2026RBC CapitalSector PerformSector Performhold
Jan 21, 2026Morgan StanleyUnderperformUnderperformhold
Dec 17, 2025UBSNeutralNeutralhold
Dec 12, 2025KeyBancOverweightSector Weightdowngrade
Nov 04, 2025JefferiesBuyBuyhold
Oct 27, 2025Wells FargoEqual-WeightOverweightinitialise
Oct 22, 2025Morgan StanleyOutperformOutperformhold

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$5.48$4.27$4.42$5.35$5.15---
Avg Forecast$5.28$4.30$4.28$5.13$4.58$5.18$5.70$6.02
High Forecast$5.46$4.42$4.42$5.21$4.70$5.36$6.03$6.19
Low Forecast$4.93$4.05$4.19$5.09$4.41$4.94$5.50$5.83
Surprise %3.79%-0.70%3.27%4.29%12.45%---

Revenue Forecast

$4B $4B $5B $5B $6B $7B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.80B$4.32B$4.70B$5.12B$5.34B---
Avg Forecast$3.69B$3.89B$4.61B$5.06B$5.16B$5.46B$5.79B$6.08B
High Forecast$3.79B$3.97B$4.67B$5.08B$5.30B$5.46B$5.80B$6.21B
Low Forecast$3.50B$3.72B$4.55B$5.03B$5.09B$5.46B$5.79B$5.93B
Surprise %2.96%11.07%1.94%1.36%3.47%---

Net Income Forecast

$400M $470M $540M $610M $680M $750M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$618.72M$483.60M$501.56M$608.81M$616.53M---
Avg Forecast$566.86M$607.90M$501.56M$586.13M$518.03M$586.06M$656.27M$685.50M
High Forecast$680.24M$729.48M$601.87M$592.95M$534.70M$609.50M$686.44M$704.47M
Low Forecast$453.49M$486.32M$401.25M$579.30M$501.36M$562.62M$626.10M$664.03M
Surprise %9.15%-20.45%-3.87%19.01%---

PNW Forecast FAQ

Is Pinnacle West Capital stock a buy?

Pinnacle West Capital stock has a consensus rating of Hold, based on 24 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 16 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Pinnacle West Capital is a neutral investment for most analysts.

What is Pinnacle West Capital's price target?

Pinnacle West Capital's price target, set by 24 Wall Street analysts, averages $103.13 over the next 12 months. The price target range spans from $95 at the low end to $108 at the high end, suggesting a potential 1.82% change from the previous closing price of $101.29.

How does Pinnacle West Capital stock forecast compare to its benchmarks?

Pinnacle West Capital's stock forecast shows a 1.82% upside, underperforming the average forecast for the utilities stocks sector (7.85%), trailing the Nuclear Energy Stocks List (13.87%) investment idea.

What is the breakdown of analyst ratings for Pinnacle West Capital over the past three months?

  • May 2026: 0% Strong Buy, 22.22% Buy, 72.22% Hold, 0% Sell, 5.56% Strong Sell.
  • April 2026: 0% Strong Buy, 23.53% Buy, 70.59% Hold, 0% Sell, 5.88% Strong Sell.
  • March 2026: 0% Strong Buy, 18.75% Buy, 75.00% Hold, 0% Sell, 6.25% Strong Sell.

What is Pinnacle West Capital’s EPS forecast?

Pinnacle West Capital's average annual EPS forecast for its fiscal year ending in December 2026 is $5.18, marking a 0.58% increase from the reported $5.15 in 2025. Estimates for the following years are $5.7 in 2027, and $6.02 in 2028.

What is Pinnacle West Capital’s revenue forecast?

Pinnacle West Capital's average annual revenue forecast for its fiscal year ending in December 2026 is $5.46B, reflecting a 2.24% increase from the reported $5.34B in 2025. The forecast for 2027 is $5.79B, and $6.08B for 2028.

What is Pinnacle West Capital’s net income forecast?

Pinnacle West Capital's net income forecast for the fiscal year ending in December 2026 stands at $586.06M, representing a -4.94% decrease from the reported $616.53M in 2025. Projections indicate $656.27M in 2027, and $685.5M in 2028.