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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 25 Wall Street analysts, predicts a 12-month average price target of $106.86, with a high of $129.00 and a low of $94.00. This represents a 16.09% increase from the last price of $92.05.

$65 $78 $91 $104 $117 $130 High: $129 Avg: $106.86 Low: $94 Last Closed Price: $92.05

PNW Stock Rating

Pinnacle West Capital stock's rating consensus is Hold, based on 25 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (28.00%), 17 Hold (68.00%), 1 Sell (4.00%), and 0 Strong Sell (0.00%).

Hold
Total 25 1 17 7 Strong Sell Sell Hold Buy Strong Buy

PNW Price Target Upside V Benchmarks

TypeNameUpside
StockPinnacle West Capital16.09%
SectorUtilities Stocks26.26%
IdeaNuclear Energy Stocks List32.34%

Price Target Trends

1M3M12M
# Anlaysts-631
Avg Price Target-$105.50$99.39
Last Closing Price$92.05$92.05$92.05
Upside/Downside-14.61%7.97%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Sep, 26-411-116
Aug, 26-412-117
Jul, 26-412-117
Jun, 26-412-117
May, 26-413-118
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 21, 2026Morgan Stanley$94.00$99.29-5.33%2.12%
Aug 17, 2026Richard SunderlandTruist Financial$101.00$101.48-0.47%9.72%
Jul 22, 2026Morgan Stanley$97.00$106.12-8.59%5.38%
Jul 22, 2026BMO Capital$104.00$105.29-1.23%12.98%
Jul 08, 2026Julien Dumoulin-SmithJefferies$129.00$108.6118.77%40.14%
Jul 01, 2026Nicholas CampanellaBarclays$108.00$107.010.93%17.33%
Jun 24, 2026Morgan Stanley$95.00$104.70-9.26%3.20%
May 29, 2026Richard SunderlandTruist Financial$105.00$100.374.61%14.07%
May 21, 2026Morgan Stanley$92.00$101.80-9.63%-0.05%
May 05, 2026Nicholas CampanellaBarclays$102.00$101.830.17%10.81%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Aug 12, 2026Cowen & Co.HoldHoldhold
Jul 08, 2026JefferiesBuyBuyhold
May 15, 2026Cowen & Co.HoldHoldhold
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

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 25 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 17 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 25 Wall Street analysts, averages $106.86 over the next 12 months. The price target range spans from $94 at the low end to $129 at the high end, suggesting a potential 16.09% change from the previous closing price of $92.05.

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

Pinnacle West Capital's stock forecast shows a 16.09% upside, underperforming the average forecast for the utilities stocks sector (26.26%), trailing the Nuclear Energy Stocks List (32.34%) investment idea.

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

  • September 2026: 0% Strong Buy, 25.00% Buy, 68.75% Hold, 0% Sell, 6.25% Strong Sell.
  • August 2026: 0% Strong Buy, 23.53% Buy, 70.59% Hold, 0% Sell, 5.88% Strong Sell.
  • July 2026: 0% Strong Buy, 23.53% Buy, 70.59% Hold, 0% Sell, 5.88% 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.