Pinnacle Financial Partners, Inc. (PNFP)
NASDAQ: PNFP · IEX Real-Time Price · USD
80.23
+1.05 (1.33%)
Jul 2, 2024, 4:00 PM EDT - Market closed
PNFP Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for PNFP stock have an average target of 95.22, with a low estimate of 85 and a high estimate of 109. The average target predicts an increase of 18.68% from the current stock price of 80.23.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PNFP stock from 9 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Buy | 4 | 4 | 4 | 2 | 3 | 3 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 9 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $108 → $105 | Buy | Maintains | $108 → $105 | +30.87% | Jun 27, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $109 → $102 | Buy | Maintains | $109 → $102 | +27.13% | May 23, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $99 → $94 | Strong Buy | Maintains | $99 → $94 | +17.16% | Apr 25, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $109 | Buy | Reiterates | $109 | +35.86% | Apr 24, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $110 → $108 | Buy | Maintains | $110 → $108 | +34.61% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
1.84B
from 1.60B
Increased by 14.62%
Revenue Next Year
2.07B
from 1.84B
Increased by 12.64%
EPS This Year
6.96
from 7.14
Decreased by -2.45%
EPS Next Year
8.18
from 6.96
Increased by 17.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.9B | 2.2B | 2.5B |
| Avg | 1.8B | 2.1B | 2.3B |
| Low | 1.7B | 1.9B | 2.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.7% | 19.2% | 21.6% |
| Avg | 14.6% | 12.6% | 11.9% |
| Low | 7.8% | 5.6% | 1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.36 | 9.05 | 12.30 |
| Avg | 6.96 | 8.18 | 10.27 |
| Low | 6.22 | 7.56 | 8.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.1% | 29.9% | 50.4% |
| Avg | -2.5% | 17.4% | 25.6% |
| Low | -12.8% | 8.5% | 6.3% |
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.