Pinnacle West Capital Corporation (PNW)

NYSE: PNW · Real-Time Price · USD
102.94
+1.10 (1.08%)
May 22, 2026, 4:00 PM EDT - Market closed
Market Cap12.48B +13.6%
Revenue (ttm)5.46B +4.8%
Net Income654.10M +11.4%
EPS5.32 +6.5%
Shares Out 121.19M
PE Ratio19.36
Forward PE21.45
Dividend$3.64 (3.54%)
Ex-Dividend DateMay 4, 2026
Volume948,150
Open100.71
Previous Close101.84
Day's Range100.71 - 103.06
52-Week Range85.32 - 104.92
Beta0.45
AnalystsHold
Price Target105.07 (+2.42%)
Earnings DateMay 4, 2026

About PNW

Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains substations, including transmission and distribution yards; and owns ener... [Read more]

Sector Utilities
Founded 1985
Employees 6,610
Stock Exchange NYSE
Ticker Symbol PNW
Full Company Profile

Financial Performance

In 2025, Pinnacle West Capital's revenue was $5.34 billion, an increase of 4.20% compared to the previous year's $5.12 billion. Earnings were $616.53 million, an increase of 1.27%.

Financial Statements

Analyst Summary

According to 17 analysts, the average rating for PNW stock is "Hold." The 12-month stock price target is $105.07, which is an increase of 2.42% from the latest price.

Price Target
$105.07
(2.42% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Pinnacle West price target lowered to $92 from $98 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Pinnacle West (PNW) to $92 from $98 and keeps an Equal Weight rating on the shares. The firm updated its price targets…

3 days ago - TheFly

Pinnacle West price target raised to $101 from $100 at TD Cowen

TD Cowen raised the firm’s price target on Pinnacle West (PNW) to $101 from $100 and keeps a Hold rating on the shares. The firm updated models in the utilities…

9 days ago - TheFly

Pinnacle West Capital Transcript: AGM 2026

Shareholders received updates on robust growth, major infrastructure investments, and continued dividend increases. All director nominees were elected, executive compensation was approved, and the auditor was ratified. Key challenges included managing rapid demand growth and maintaining affordability.

10 days ago - Transcripts

Pinnacle West price target raised to $102 from $101 at Barclays

Barclays analyst Nicholas Campanella raised the firm’s price target on Pinnacle West (PNW) to $102 from $101 and keeps an Equal Weight rating on the shares post the Q1 report.

19 days ago - TheFly

Pinnacle West Capital Earnings Call Transcript: Q1 2026

Q1 2026 saw strong EPS growth, driven by higher transmission revenue, robust customer and sales growth, and lower O&M. Infrastructure investments and subscription model contracts are supporting Arizona's rapid economic and industrial expansion.

20 days ago - Transcripts

Pinnacle West Capital Earnings release: Q1 2026

Pinnacle West Capital released its Q1 2026 earnings on May 4, 2026, summarizing the period's financial results.

20 days ago - Filings

Pinnacle West Capital Quarterly report: Q1 2026

Pinnacle West Capital has published its Q1 2026 quarterly earnings report on May 4, 2026.

20 days ago - Filings

Pinnacle West Capital Slides: Q1 2026

Pinnacle West Capital has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 4, 2026.

20 days ago - Filings

Pinnacle West still sees FY26 EPS $4.55-$4.75, consensus $4.70

08:28 EDT Pinnacle West (PNW) still sees FY26 EPS $4.55-$4.75, consensus $4.70

20 days ago - TheFly

Pinnacle West Reports 2026 First-Quarter Financial Results

PHOENIX--(BUSINESS WIRE)--Pinnacle West reports first-quarter 2026 financial results driven by hotter-than-normal weather.

20 days ago - Business Wire

Notable companies reporting before Monday’s open

Notable companies reporting before Monday’s open, with earnings consensus, include Tyson Foods (TSN), consensus 78c… Norwegian Cruise Line (NCLH), consensus 14c… Pinnacle West (PNW), consensus 1c.

Other symbols: NCLHTSN
23 days ago - TheFly

Pinnacle West Declares Quarterly Dividend

PHOENIX--(BUSINESS WIRE)--Pinnacle West declared a quarterly dividend of $0.91 per share of common stock, payable on June 1, 2026, to shareholders of record on May 4, 2026.

4 weeks ago - Business Wire

Pinnacle West price target lowered to $98 from $99 at Morgan Stanley

Morgan Stanley analyst David Arcaro lowered the firm’s price target on Pinnacle West (PNW) to $98 from $99 and keeps an Equal Weight rating on the shares. The firm is…

4 weeks ago - TheFly

Pinnacle West price target raised to $106 from $97 at Wells Fargo

Wells Fargo raised the firm’s price target on Pinnacle West (PNW) to $106 from $97 and keeps an Equal Weight rating on the shares. Following conversations with the companies, the…

4 weeks ago - TheFly

Pinnacle West initiated with a Hold at Truist

Truist analyst Richard Sunderland initiated coverage of Pinnacle West (PNW) with a Hold rating and $108 price target The firm launched coverage of 20 names in the power and utilities…

4 weeks ago - TheFly

Pinnacle West price target raised to $106 from $95 at Argus

Argus raised the firm’s price target on Pinnacle West (PNW) to $106 from $95 and keeps a Buy rating on the shares. To meet growing demand, the company is in…

5 weeks ago - TheFly

Pinnacle West Sets Date for 2026 First-Quarter Financial Results, Webcast/Conference Call

PHOENIX--(BUSINESS WIRE)--Pinnacle West plans to release its 2026 first-quarter financial results before U.S. financial markets open on Monday, May 4, 2026.

6 weeks ago - Business Wire

Pinnacle West Capital Proxy statement: Proxy filing

Pinnacle West Capital filed a proxy statement on April 3, 2026, providing details for shareholder voting and corporate governance matters.

7 weeks ago - Filings

Pinnacle West Capital Proxy statement: Proxy filing

Pinnacle West Capital filed a proxy statement on April 3, 2026, providing details for shareholder voting and corporate governance matters.

7 weeks ago - Filings

Pinnacle West price target raised to $101 from $97 at Barclays

Barclays raised the firm’s price target on Pinnacle West (PNW) to $101 from $97 and keeps an Equal Weight rating on the shares.

7 weeks ago - TheFly

Pinnacle West price target raised to $99 from $96 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Pinnacle West (PNW) to $99 from $96 and keeps an Equal Weight rating on the shares. The firm is updating the price…

2 months ago - TheFly

Pinnacle West Capital Slides: Investor presentation

Pinnacle West Capital has posted slides in relation to its latest quarterly earnings report, which was published on March 2, 2026.

2 months ago - Filings

Pinnacle West price target raised to $97 from $90 at Barclays

Barclays raised the firm’s price target on Pinnacle West (PNW) to $97 from $90 and keeps an Equal Weight rating on the shares.

3 months ago - TheFly

Pinnacle West price target raised to $107 from $98 at BMO Capital

BMO Capital raised the firm’s price target on Pinnacle West (PNW) to $107 from $98 and keeps a Market Perform rating on the shares after its Q4 earnings beat. The…

3 months ago - TheFly

Pinnacle West price target raised to $100 from $97 at TD Cowen

TD Cowen raised the firm’s price target on Pinnacle West (PNW) to $100 from $97 and keeps a Hold rating on the shares. The firm updated its model following results…

3 months ago - TheFly