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 "Hold" and an average price target of $94.3, which forecasts a -5.12% decrease in the stock price over the next year. The lowest target is $87 and the highest is $100.

Price Target: $94.3 (-5.12%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$87	$94.3	$95	$100
Change	-12.47%	-5.12%	-4.42%	+0.61%

Analyst Ratings

The average analyst rating for Pinnacle West Capital stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	3	2	2	2	2	1
Buy	2	2	2	1	1	1
Hold	7	9	9	9	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	13	13	12	12	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Shahriar Pourreza Wells Fargo	Wells Fargo	Hold Maintains $92 → $91	Hold	Maintains	$92 → $91	-8.44%	Jan 20, 2026
Nicholas Campanella Barclays	Barclays	Hold Maintains $95 → $90	Hold	Maintains	$95 → $90	-9.45%	Jan 15, 2026
Daniel Ford UBS	UBS	Hold Maintains $94 → $95	Hold	Maintains	$94 → $95	-4.42%	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	-7.44%	Oct 28, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.39B

Increased by 5.25%

from 5.12B

Revenue Next Year

5.61B

Increased by 4.08%

from 5.39B

EPS This Year

4.91

Decreased by -6.27%

from 5.24

EPS Next Year

4.73

Decreased by -3.60%

from 4.91

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	5.39B	5.61B
Revenue Growth	3.34%	6.05%	13.69%	8.59%	9.13%	5.25%	4.08%
EPS	4.87	5.47	4.26	4.41	5.24	4.91	4.73
EPS Growth	2.10%	12.32%	-22.12%	3.52%	18.82%	-6.27%	-3.60%
Forward PE	-	-	-	-	-	20.24	20.99
No. Analysts	-	-	-	-	-	17	17

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%	11.0%
Avg	5.3%	4.1%
Low	0.0%	-3.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	5.38	5.12
Avg	4.91	4.73
Low	4.44	4.47

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	2.6%	4.3%
Avg	-6.3%	-3.6%
Low	-15.3%	-9.0%

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.