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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 23 Wall Street analysts, predicts a 12-month average price target of $96.11, with a high of $115.00 and a low of $85.00. This represents a 2.77% increase from the last price of $93.52.

$65 $75 $85 $95 $105 $115 High: $115 Avg: $96.11 Low: $85 Last Closed Price: $93.52

PNW Stock Rating

Pinnacle West Capital stock's rating consensus is Hold, based on 23 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (30.43%), 15 Hold (65.22%), 1 Sell (4.35%), and 0 Strong Sell (0.00%).

Hold
Total 23 0 1 15 7 Strong Sell Sell Hold Buy Strong Buy

PNW Price Target Upside V Benchmarks

TypeNameUpside
StockPinnacle West Capital2.77%
SectorUtilities Stocks12.31%
IdeaNuclear Energy Stocks List23.89%

Price Target Trends

1M3M12M
# Anlaysts3617
Avg Price Target$94.67$92.50$94.82
Last Closing Price$93.52$93.52$93.52
Upside/Downside1.23%-1.09%1.39%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 26-312-116
Jan, 26-312-116
Dec, 25-411-116
Nov, 25-411-116
Oct, 25-48-113
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 23, 2026Stephen D'AmbrisiRBC Capital$103.00$91.6512.38%10.14%
Jan 20, 2026Wells Fargo$91.00$93.71-2.89%-2.69%
Jan 15, 2026Barclays$90.00$92.30-2.49%-3.76%
Dec 17, 2025UBS$95.00$87.828.18%1.58%
Dec 16, 2025Morgan Stanley$85.00$87.75-3.13%-9.11%
Nov 20, 2025Morgan Stanley$91.00$89.441.74%-2.69%
Nov 04, 2025Julien Dumoulin-SmithJefferies$115.00$89.4528.56%22.97%
Oct 27, 2025Shahriar PourrezaWells Fargo$92.00$91.800.22%-1.63%
Oct 27, 2025Stephen D'AmbrisiRBC Capital$99.00$91.807.84%5.86%
Oct 22, 2025David ArcaroMorgan Stanley$93.00$92.960.04%-0.56%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
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
Oct 20, 2025BMO CapitalMarket PerformMarket Performhold
Oct 15, 2025KeyBancOverweightOverweighthold
Oct 10, 2025UBSNeutralNeutralhold

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----
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%----

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----
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%----

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----
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%----

PNW Forecast FAQ

Is Pinnacle West Capital stock a buy?

Pinnacle West Capital stock has a consensus rating of Hold, based on 23 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 15 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 23 Wall Street analysts, averages $96.11 over the next 12 months. The price target range spans from $85 at the low end to $115 at the high end, suggesting a potential 2.77% change from the previous closing price of $93.52.

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

Pinnacle West Capital's stock forecast shows a 2.77% upside, underperforming the average forecast for the utilities stocks sector (12.31%), trailing the Nuclear Energy Stocks List (23.89%) investment idea.

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

  • February 2026: 0% Strong Buy, 18.75% Buy, 75.00% Hold, 0% Sell, 6.25% Strong Sell.
  • January 2026: 0% Strong Buy, 18.75% Buy, 75.00% Hold, 0% Sell, 6.25% Strong Sell.
  • December 2025: 0% Strong Buy, 25.00% Buy, 68.75% 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 2025 is $4.58, marking a -14.39% decrease from the reported $5.35 in 2024. Estimates for the following years are $5.18 in 2026, $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 2025 is $5.16B, reflecting a 0.70% increase from the reported $5.12B in 2024. The forecast for 2026 is $5.46B, followed by $5.79B for 2027, 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 2025 stands at $518.03M, representing a -14.91% decrease from the reported $608.81M in 2024. Projections indicate $586.06M in 2026, $656.27M in 2027, and $685.5M in 2028.