Pinnacle West Capital Corporation (PNW)
NYSE: PNW · Real-Time Price · USD
93.62
+1.83 (1.99%)
Nov 21, 2024, 4:00 PM EST - Market closed
Pinnacle West Capital Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for PNW stock have an average target of 81.88, with a low estimate of 69 and a high estimate of 104. The average target predicts a decrease of -12.54% from the current stock price of 93.62.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PNW stock from 12 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 1 | 0 |
| Hold | 7 | 7 | 7 | 8 | 7 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 14 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy → Hold Downgrades $93 → $91 | Buy → Hold | Downgrades | $93 → $91 | -2.80% | Nov 18, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $90 → $92 | Hold | Maintains | $90 → $92 | -1.73% | Nov 7, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $87 → $90 | Hold | Maintains | $87 → $90 | -3.87% | Oct 16, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $78 → $83 | Hold | Maintains | $78 → $83 | -11.34% | Sep 25, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $104 | Strong Buy | Initiates | $104 | +11.09% | Sep 19, 2024 |
Financial Forecast
Revenue This Year
4.93B
from 4.70B
Increased by 5.00%
Revenue Next Year
5.11B
from 4.93B
Increased by 3.69%
EPS This Year
4.98
from 4.41
Increased by 12.85%
EPS Next Year
4.76
from 4.98
Decreased by -4.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.3B | 5.5B | 5.9B | ||
| Avg | 4.9B | 5.1B | 5.4B | ||
| Low | 4.2B | 4.5B | 4.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.7% | 11.7% | 15.1% | ||
| Avg | 5.0% | 3.7% | 4.9% | ||
| Low | -9.5% | -7.9% | -6.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.67 | 5.35 | 5.79 | ||
| Avg | 4.98 | 4.76 | 5.28 | ||
| Low | 4.61 | 4.23 | 4.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.6% | 7.6% | 21.4% | ||
| Avg | 12.8% | -4.3% | 10.9% | ||
| Low | 4.4% | -14.9% | -0.2% |
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.