Pinnacle West Capital Corporation (PNW)

Pinnacle West Capital Stock Forecast

Stock Price Forecast

The 11 analysts that cover Pinnacle West Capital stock have a consensus rating of "Buy" and an average price target of $95.73, which forecasts a 8.61% increase in the stock price over the next year. The lowest target is $87 and the highest is $104.

Price Target: $95.73 (+8.61%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$87	$95.73	$95	$104
Change	-1.29%	+8.61%	+7.78%	+17.99%

Analyst Ratings

The average analyst rating for Pinnacle West Capital stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	2	2	3	2	2	2
Buy	2	2	2	2	2	1
Hold	7	7	7	9	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	12	13	13	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Ford UBS	UBS	Hold Maintains $94 → $95	Hold	Maintains	$94 → $95	+7.78%	Dec 17, 2025
Sophie Karp Keybanc	Keybanc	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Dec 12, 2025
Shahriar Pourreza Wells Fargo	Wells Fargo	Hold Initiates $92	Hold	Initiates	$92	+4.38%	Oct 28, 2025
Stephen D'Ambrisi RBC Capital	RBC Capital	Hold Initiates $99	Hold	Initiates	$99	+12.32%	Oct 28, 2025
Sophie Karp Keybanc	Keybanc	Buy Maintains $100 → $97	Buy	Maintains	$100 → $97	+10.05%	Oct 15, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.38B

Increased by 4.96%

from 5.12B

Revenue Next Year

5.60B

Increased by 4.02%

from 5.38B

EPS This Year

4.80

Decreased by -8.46%

from 5.24

EPS Next Year

4.78

Decreased by -0.26%

from 4.80

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.59B	3.80B	4.32B	4.70B	5.12B	5.38B	5.60B
Revenue Growth	3.34%	6.05%	13.69%	8.59%	9.13%	4.96%	4.02%
EPS	4.87	5.47	4.26	4.41	5.24	4.80	4.78
EPS Growth	2.10%	12.32%	-22.12%	3.52%	18.82%	-8.46%	-0.26%
Forward PE	-	-	-	-	-	18.38	18.42
No. Analysts	-	-	-	-	-	19	19

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	5.7B	6.0B
Avg	5.4B	5.6B
Low	5.1B	5.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	12.1%	11.2%
Avg	5.0%	4.0%
Low	0.0%	-2.8%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	5.38	5.45
Avg	4.80	4.78
Low	4.44	4.47

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	2.6%	13.6%
Avg	-8.5%	-0.3%
Low	-15.3%	-6.8%

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.