Pinnacle West Capital Corporation (PNW)

Pinnacle West Capital Stock Forecast

Stock Price Forecast

The 10 analysts that cover Pinnacle West Capital stock have a consensus rating of "Buy" and an average price target of $95, which forecasts a 4.35% increase in the stock price over the next year. The lowest target is $78 and the highest is $104.

Price Target: $95 (+4.35%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$78	$95	$98	$104
Change	-14.32%	+4.35%	+7.64%	+14.24%

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	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	4	3	3	3	3	2
Buy	1	1	1	1	1	1
Hold	8	6	6	7	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	10	10	11	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Ford UBS	UBS	Hold Maintains $96 → $98	Hold	Maintains	$96 → $98	+7.64%	Jul 11, 2025
David Arcaro Morgan Stanley	Morgan Stanley	Hold Maintains $88 → $87	Hold	Maintains	$88 → $87	-4.44%	May 22, 2025
Edward DeArias BMO Capital	BMO Capital	Hold Initiates $95	Hold	Initiates	$95	+4.35%	May 13, 2025
Sarah Akers Wells Fargo	Wells Fargo	Hold Maintains $95 → $98	Hold	Maintains	$95 → $98	+7.64%	May 2, 2025
Nicholas Campanella Barclays	Barclays	Hold Maintains $87 → $94	Hold	Maintains	$87 → $94	+3.25%	Apr 1, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.32B

Increased by 3.77%

from 5.12B

Revenue Next Year

5.63B

Increased by 5.85%

from 5.32B

EPS This Year

4.60

Decreased by -12.30%

from 5.24

EPS Next Year

5.07

Increased by 10.32%

from 4.60

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.59B	3.80B	4.32B	4.70B	5.12B	5.32B	5.63B	5.97B
Revenue Growth	3.34%	6.05%	13.69%	8.59%	9.13%	3.77%	5.85%	6.00%
EPS	4.87	5.47	4.26	4.41	5.24	4.60	5.07	5.76
EPS Growth	2.10%	12.32%	-22.12%	3.52%	18.82%	-12.30%	10.32%	13.70%
Forward PE	-	-	-	-	-	19.81	17.96	15.79
No. Analysts	-	-	-	-	-	18	18	16

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	5.8B	6.1B	6.6B
Avg	5.3B	5.6B	6.0B
Low	4.9B	5.2B	5.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	13.3%	14.6%	17.9%
Avg	3.8%	5.8%	6.0%
Low	-5.1%	-3.0%	-3.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.89	5.51	6.36
Avg	4.60	5.07	5.76
Low	4.41	4.50	5.16

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-6.6%	20.0%	25.5%
Avg	-12.3%	10.3%	13.7%
Low	-15.8%	-2.1%	1.9%

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.