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Pinnacle West Capital Corporation (PNW) Stock Forecast

Data as of May 2, 2026

Utilities · Current price $103.92 (+0.19%)

Consensus Target
$99.22
Upside
-0.8%
Analysts
10
Rating
Hold(2.90)

Price Target Range

Low $90.00Consensus $99.22High $115.00
▲ Current $103.92

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy1
Hold6
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Jan 23, 2026Stephen D'AmbrisiRBC Capital$103.00-0.9%
Nov 4, 2025Julien Dumoulin-SmithJefferies$115.00+10.7%
Oct 27, 2025Shahriar PourrezaWells Fargo$92.00-11.5%
Oct 27, 2025Stephen D'AmbrisiRBC Capital$99.00-4.7%
Oct 22, 2025David ArcaroMorgan Stanley$93.00-10.5%
Oct 15, 2025Sophie KarpKeyBanc$97.00-6.7%
Oct 7, 2025Nicholas CampanellaBarclays$95.00-8.6%
Sep 25, 2025David ArcaroMorgan Stanley$87.00-16.3%
Aug 21, 2025David ArcaroMorgan Stanley$89.00-14.4%
Nov 18, 2024Nicholas CampanellaBarclays$91.00-12.4%
Oct 29, 2024Tony CrowdellMizuho Securities$98.00-5.7%
Sep 25, 2024David ArcaroMorgan Stanley$83.00-20.1%
Sep 19, 2024Tony CrowdellMizuho Securities$75.00-27.8%
Jun 5, 2024Sarah AkersWells Fargo$80.00-23.0%
Mar 11, 2024Daniel FordUBS$71.00-31.7%
Jan 22, 2024Shahriar PourrezaGuggenheim$78.00-24.9%
Aug 22, 2023Tony CrowdellMizuho Securities$85.00-18.2%
Dec 17, 2021Ross FowlerUBS$72.00-30.7%
Oct 28, 2021Julien Dumoulin SmithBank of America Securities$59.00-43.2%
Oct 7, 2021Shahriar PourrezaGuggenheim$58.00-44.2%

PNW vs Sector & Market

MetricPNWUtilities AvgLarge Cap Avg
Analyst Rating2.902.612.41
Analyst Count10918
Target Upside-0.8%+49.9%+14.9%
P/E Ratio20.58-3.4131.19

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$5.40B$5.54B$5.67B9
2027-12-31$5.73B$5.95B$6.19B9
2028-12-31$6.25B$6.26B$6.26B9
2029-03-31$1.14B$1.16B$1.18B2
2029-06-30$1.14B$1.16B$1.19B1
2029-09-30$1.14B$1.16B$1.19B1
2029-12-31$1.14B$1.16B$1.19B2
2030-03-31$1.14B$1.16B$1.19B1
2030-06-30$1.15B$1.17B$1.20B2
2030-09-30$1.15B$1.17B$1.20B2
2030-12-31$1.15B$1.17B$1.20B1

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$4.68$4.71$4.7911
2027-12-31$5.09$5.57$5.7711
2028-12-31$5.74$6.12$6.2910
2029-03-31$0.31$0.31$0.322
2029-06-30$2.26$2.31$2.391
2029-09-30$4.01$4.10$4.241
2029-12-31$-0.03$-0.03$-0.022
2030-03-31$0.33$0.34$0.352
2030-06-30$2.43$2.48$2.561
2030-09-30$4.31$4.41$4.551
2030-12-31$-0.03$-0.03$-0.032

Frequently Asked Questions

What is the analyst consensus for PNW?

The consensus among 10 analysts covering Pinnacle West Capital Corporation (PNW) is Hold with an average price target of $99.22.

What is the highest price target for PNW?

The highest price target for PNW is $115.00, set by Julien Dumoulin-Smith at Jefferies on 2025-11-04.

What is the lowest price target for PNW?

The lowest price target for PNW is $58.00, set by Shahriar Pourreza at Guggenheim on 2021-10-07.

How many analysts cover PNW?

10 analysts have issued ratings for Pinnacle West Capital Corporation in the past 12 months.

Is PNW a buy or sell right now?

Based on 10 analyst ratings, PNW has a consensus rating of Hold (2.90/5) with a -0.8% upside to the consensus target of $99.22.

What are the earnings estimates for PNW?

Analysts estimate PNW will report EPS of $4.71 for the period ending 2026-12-31, with revenue estimated at $5.54B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.