Pinnacle West Capital Corporation (PNW)

Pinnacle West Capital Stock Forecast

Stock Price Forecast

According to 11 professional analysts, the 12-month price target for Pinnacle West Capital stock ranges from a low of $78 to a high of $104. The average analyst price target of $95.64 forecasts a 4.71% increase in the stock price over the next year.

Price Target: $95.64 (+4.71%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$78	$95.64	$98	$104
Change	-14.60%	+4.71%	+7.29%	+13.86%

Analyst Ratings

The average analyst rating for Pinnacle West Capital stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	3	3	3	3	2	2
Buy	1	1	1	1	2	2
Hold	6	6	7	7	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	11	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nicholas Campanella Barclays	Barclays	Hold Maintains $94 → $93	Hold	Maintains	$94 → $93	+1.82%	Aug 13, 2025
Edward DeArias BMO Capital	BMO Capital	Hold Maintains $96 → $98	Hold	Maintains	$96 → $98	+7.29%	Aug 7, 2025
Jackson Ader Keybanc	Keybanc	Buy Maintains $101 → $100	Buy	Maintains	$101 → $100	+9.48%	Jul 16, 2025
Daniel Ford UBS	UBS	Hold Maintains $96 → $98	Hold	Maintains	$96 → $98	+7.29%	Jul 11, 2025
David Arcaro Morgan Stanley	Morgan Stanley	Hold Maintains $88 → $87	Hold	Maintains	$88 → $87	-4.75%	May 22, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.33B

Increased by 3.94%

from 5.12B

Revenue Next Year

5.64B

Increased by 5.80%

from 5.33B

EPS This Year

4.60

Decreased by -12.30%

from 5.24

EPS Next Year

5.07

Increased by 10.32%

from 4.60

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.59B	3.80B	4.32B	4.70B	5.12B	5.33B	5.64B	5.98B
Revenue Growth	3.34%	6.05%	13.69%	8.59%	9.13%	3.94%	5.80%	6.10%
EPS	4.87	5.47	4.26	4.41	5.24	4.60	5.07	5.76
EPS Growth	2.10%	12.32%	-22.12%	3.52%	18.82%	-12.30%	10.32%	13.70%
Forward PE	-	-	-	-	-	19.88	18.02	15.85
No. Analysts	-	-	-	-	-	18	18	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	5.8B	6.1B	6.6B
Avg	5.3B	5.6B	6.0B
Low	5.0B	5.2B	5.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	13.3%	14.4%	17.8%
Avg	3.9%	5.8%	6.1%
Low	-3.2%	-1.7%	-0.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.89	5.51	6.36
Avg	4.60	5.07	5.76
Low	4.41	4.50	5.16

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-6.6%	20.0%	25.5%
Avg	-12.3%	10.3%	13.7%
Low	-15.8%	-2.1%	1.9%

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.