Pinnacle West Capital Corporation (PNW)

Pinnacle West Capital Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Pinnacle West Capital stock have an average target of 93.75, with a low estimate of 78 and a high estimate of 104. The average target predicts a decrease of -0.55% from the current stock price of 94.27.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$78	$93.75	$95	$104
Change	-17.26%	-0.55%	+0.77%	+10.32%

Analyst Ratings

The average analyst rating for Pinnacle West Capital stock from 10 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	4	4	3	4	3	3
Buy	0	1	1	1	1	1
Hold	8	8	8	8	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	13	12	13	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nicholas Campanella Barclays	Barclays	Hold Maintains $87 → $94	Hold	Maintains	$87 → $94	-0.29%	Apr 1, 2025
Daniel Ford UBS	UBS	Hold Maintains $96 → $99	Hold	Maintains	$96 → $99	+5.02%	Mar 21, 2025
David Arcaro Morgan Stanley	Morgan Stanley	Hold Maintains $84 → $88	Hold	Maintains	$84 → $88	-6.65%	Mar 20, 2025
Shahriar Pourreza Guggenheim	Guggenheim	Strong Buy Reiterates $100	Strong Buy	Reiterates	$100	+6.08%	Feb 26, 2025
Sarah Akers Wells Fargo	Wells Fargo	Hold Maintains $92 → $95	Hold	Maintains	$92 → $95	+0.77%	Feb 26, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.20B

Increased by 1.41%

from 5.12B

Revenue Next Year

5.50B

Increased by 5.85%

from 5.20B

EPS This Year

4.62

Decreased by -11.75%

from 5.24

EPS Next Year

5.21

Increased by 12.57%

from 4.62

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	5.20B	5.50B	5.82B
Revenue Growth	3.34%	6.05%	13.69%	8.59%	9.13%	1.41%	5.85%	5.71%
EPS	4.87	5.47	4.26	4.41	5.24	4.62	5.21	5.71
EPS Growth	2.10%	12.32%	-22.12%	3.52%	18.82%	-11.75%	12.57%	9.69%
Forward PE	-	-	-	-	-	20.39	18.11	16.51
No. Analysts	-	-	-	-	-	18	17	12

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	5.6B	5.9B	6.3B
Avg	5.2B	5.5B	5.8B
Low	4.9B	5.1B	5.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	9.1%	13.9%	14.1%
Avg	1.4%	5.8%	5.7%
Low	-4.8%	-1.3%	-3.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	5.35	5.59	6.33
Avg	4.62	5.21	5.71
Low	4.27	4.80	5.34

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	2.2%	20.9%	21.6%
Avg	-11.8%	12.6%	9.7%
Low	-18.4%	3.8%	2.5%

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.