Pinnacle West Capital Corporation (PNW)
NYSE: PNW · Real-Time Price · USD
93.40
+2.08 (2.28%)
At close: Sep 29, 2026, 4:00 PM EDT
93.40
0.00 (0.00%)
After-hours: Sep 29, 2026, 7:00 PM EDT

Pinnacle West Capital Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, Pinnacle West Capital stock has a consensus rating of "Hold" and an average price target of $105.46. The average 1-year stock price forecast is 12.91% higher than the current stock price, while the lowest is $87 (-6.85%) and the highest is $129 (+38.12%).

Price Target: $105.46 (+12.91%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$87$105.46$106$129
Change-6.85%+12.91%+13.49%+38.12%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy444444
Buy000000
Hold131212121111
Sell111111
Strong Sell000000
Total181717171616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Scotiabank
No rating
Scotiabank
Buy
Initiates
$104
BuyInitiates$104+11.35%Sep 29, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$94 → $89
HoldReiterates$94 → $89-4.71%Sep 21, 2026
Truist Financial
Truist Financial
Hold
Maintains
$107 → $101
HoldMaintains$107 → $101+8.14%Aug 18, 2026
BMO Capital
BMO Capital
Hold
Maintains
$104
HoldMaintains$104+11.35%Aug 5, 2026
Wells Fargo
Wells Fargo
Hold
Maintains
$106
HoldMaintains$106+13.49%Aug 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
5.60B
from 5.34B
Increased by 4.83%
Revenue Next Year
5.93B
from 5.60B
Increased by 5.90%
EPS This Year
4.72
from 5.05
Decreased by -6.54%
EPS Next Year
5.57
from 4.72
Increased by 17.93%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
3.80B4.32B4.70B5.12B5.34B5.60B
Revenue Growth
6.05%13.69%8.59%9.13%4.20%4.83%
Net Income
618.72M483.60M501.56M608.81M616.53M586.82M
EPS
----5.054.72
EPS Growth
-----3.63%-6.54%
Forward PE
17.1617.5815.0318.9418.9319.79
Dividend / Share
3.343.423.483.543.603.67
Dividend Growth
5.11%2.25%1.76%1.73%1.70%2.11%
Free Cash Flow
------160.05M
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High5.7B
Avg5.6B
Low5.5B

Revenue Growth

Revenue Growth202620272028
High
6.2%
Avg
4.8%
Low
3.3%

EPS Forecast

EPS202620272028
High4.82
Avg4.72
Low4.67

EPS Growth

EPS Growth202620272028
High
-4.6%
Avg
-6.5%
Low
-7.5%