Pinnacle West Capital Corporation (PNW)
NYSE: PNW · Real-Time Price · USD
85.96
-2.04 (-2.32%)
Jan 22, 2025, 4:00 PM EST - Market closed
Pinnacle West Capital Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for PNW stock have an average target of 84.5, with a low estimate of 69 and a high estimate of 104. The average target predicts a decrease of -1.70% from the current stock price of 85.96.
Analyst Consensus: Buy
* Price targets were last updated on Dec 4, 2024.
Analyst Ratings
The average analyst rating for PNW stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 1 | 0 | 1 | 1 |
| Hold | 7 | 8 | 7 | 8 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 12 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $85 → $95 | Hold | Maintains | $85 → $95 | +10.52% | Dec 4, 2024 |
| Keybanc | Keybanc | Hold → Buy Upgrades $101 | Hold → Buy | Upgrades | $101 | +17.50% | Dec 4, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $82 → $81 | Hold | Maintains | $82 → $81 | -5.77% | Nov 22, 2024 |
| Barclays | Barclays | Buy → Hold Downgrades $93 → $91 | Buy → Hold | Downgrades | $93 → $91 | +5.86% | Nov 18, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $90 → $92 | Hold | Maintains | $90 → $92 | +7.03% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
5.02B
from 4.70B
Increased by 6.84%
Revenue Next Year
5.11B
from 5.02B
Increased by 1.75%
EPS This Year
5.10
from 4.41
Increased by 15.63%
EPS Next Year
4.66
from 5.10
Decreased by -8.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.4B | 5.5B | 5.9B | ||
| Avg | 5.0B | 5.1B | 5.4B | ||
| Low | 4.3B | 4.4B | 4.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.4% | 9.6% | 16.0% | ||
| Avg | 6.8% | 1.8% | 5.7% | ||
| Low | -7.9% | -11.5% | -6.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.47 | 5.35 | 5.59 | ||
| Avg | 5.10 | 4.66 | 5.24 | ||
| Low | 4.67 | 4.27 | 4.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.0% | 5.0% | 20.0% | ||
| Avg | 15.6% | -8.6% | 12.5% | ||
| Low | 6.0% | -16.2% | 3.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.