Pinnacle West Capital Corporation (PNW)
NYSE: PNW · IEX Real-Time Price · USD
74.07
-0.13 (-0.18%)
Apr 26, 2024, 3:20 PM EDT - Market open
Pinnacle West Capital Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for PNW stock have an average target of 73.83, with a low estimate of 67 and a high estimate of 80. The average target predicts a decrease of -0.32% from the current stock price of 74.07.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PNW stock from 13 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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 5 | 5 | 5 | 6 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 9 | 10 | 11 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $75 → $76 | Buy | Maintains | $75 → $76 | +2.61% | Apr 15, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $69 → $70 | Hold | Maintains | $69 → $70 | -5.49% | Mar 21, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $71 → $80 | Hold → Strong Buy | Upgrades | $71 → $80 | +8.01% | Mar 18, 2024 |
| UBS | UBS | Strong Sell → Hold Upgrades $68 → $71 | Strong Sell → Hold | Upgrades | $68 → $71 | -4.14% | Mar 11, 2024 |
| Mizuho | Mizuho | Strong Buy Reiterates $77 → $75 | Strong Buy | Reiterates | $77 → $75 | +1.26% | Mar 6, 2024 |
Financial Forecast
Revenue This Year
4.86B
from 4.70B
Increased by 3.58%
Revenue Next Year
5.07B
from 4.86B
Increased by 4.26%
EPS This Year
4.77
from 4.41
Increased by 8.24%
EPS Next Year
4.98
from 4.77
Increased by 4.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.4B | 5.7B | 6.0B | 5.8B |
| Avg | 4.9B | 5.1B | 5.3B | 5.4B |
| Low | 4.2B | 4.5B | 4.8B | 4.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 15.3% | 16.7% | 19.2% | 8.7% |
| Avg | 3.6% | 4.3% | 4.6% | 1.1% |
| Low | -9.7% | -7.3% | -6.3% | -7.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.06 | 5.62 | 5.75 | 6.07 |
| Avg | 4.77 | 4.98 | 5.36 | 5.55 |
| Low | 4.56 | 4.48 | 5.14 | 4.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 14.8% | 17.7% | 15.7% | 13.1% |
| Avg | 8.2% | 4.2% | 7.8% | 3.4% |
| Low | 3.3% | -6.2% | 3.2% | -7.2% |
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.