Stock Price & Analysis

Based on the analysis of Pinnacle Financial Partners (PNFP), here is a concise recommendation:

Hold PNFP stock as it presents a balanced risk-reward profile. While the company shows strong earnings and expansion, industry challenges and insider selling warrant caution. Consider waiting for further positive indicators before making a move.

The predicted price target for Pinnacle Financial Partners (PNFP) in 2025 is $130 per share. This forecast is based on analyst consensus, with targets ranging from $125 to $142, reflecting expectations of continued loan growth and positive guidance from management.

The S1 support level for PNFP Stock is $99.25 ,The R1 resistant level for PNFP Stock is $113.08.

As of the end of day on 2025-03-14, the price of PNFP Stock was $102.89.

The target price for PNFP Stock according to analyst rating is 134.75, with the highest price target at 148.00 and the lowest at 120.00. Analysts have a Moderate Buy rating on PNFP Stock overall.

The market cap of PNFP is $7.9B.

Analysis and Insights

Valuation Metrics:

Pinnacle Financial Partners (PNFP) currently exhibits elevated valuation metrics compared to industry peers. The stock's forward P/E ratio of 18.32 and EV/EBITDA of 18.32 suggest a premium valuation. The price-to-book ratio of 1.43 indicates that investors are paying a significant premium for the company's book value. While these metrics alone do not definitively indicate overvaluation, they do suggest that the market has high expectations for future growth.

Technical Analysis:

From a technical perspective, PNFP is showing signs of weakness. The stock's RSI of 22.77 indicates oversold conditions, which could signal a potential rebound. However, the MACD remains negative, and the stock is trading below its 50-day and 200-day moving averages, suggesting bearish momentum.

News and Sentiment:

Recent news includes a director stock sale, which may raise concerns about insider confidence. However, Wells Fargo recently raised its price target for PNFP to $125 from $120, indicating some optimism among analysts. The company also reported strong Q4 growth, but loan growth remains a challenge for the banking sector as a whole.

Fibonacci Levels:

The stock is currently trading near its Fibonacci S1 support level of 101.63. A breach of this level could lead to further downside, while a bounce could signal a short-term recovery.

Conclusion:

While PNFP's valuation metrics and technical indicators suggest caution, the company's strong Q4 performance and analyst upgrades provide some support. Investors should monitor loan growth trends and broader banking sector performance before making a decision.

Pinnacle Financial Partners, Inc. is a financial holding company. The Company operates through its wholly owned subsidiary, Pinnacle Bank (the Bank). The Bank is a Tennessee state-chartered bank. It offers a range of lending products, including commercial, real estate and consumer loans to individuals, businesses, and professional entities. The Bank is also focused on offering core deposits, including savings, noninterest-bearing checking, interest-bearing checking, money market and certificate of deposit accounts, including access to products offered through various IntraFi Network Deposit programs. The Bank also provides fiduciary and investment services through its Trust & Investment Services department. Its treasury management services include, online wire origination, automated bill pay services, positive pay, and others. It operates approximately 128 offices, including 51 in Tennessee, 39 in North Carolina, 21 in South Carolina, 10 in Virginia, three in Georgia.

Price Prediction for PNFP Stock in 2030

Pinnacle Financial Partners (PNFP) is expected to reach a price of $125 by 2030. This prediction is based on strong financial performance, including growing revenues and expanding net interest margins, as well as positive analyst sentiment and raised price targets from firms like Wells Fargo.

PNFP has a total of 3357 employees.