PNW Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

1.17B

+6.79%

-0.004

-93.05%

1.09B

+5.8%

-0.044

+10.02%

1.44B

+6.22%

1.582

+0.13%

Estimates Revision

The market is revising No Change the revenue expectations for Pinnacle West Capital Corporation (PNW) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 0.47%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+0.47%

In Past 3 Month

11 Analyst Rating

Wall Street analysts forecast PNW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PNW is 97.09 USD with a low forecast of 90.00 USD and a high forecast of 113.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

8 Hold

0 Sell

Moderate Buy

Current: 87.830

Low

90.00

Averages

97.09

High

113.00

Current: 87.830

Low

90.00

Averages

97.09

High

113.00

KeyBanc

Overweight -> Sector Weight

downgrade

2025-12-12

New

Reason

KeyBanc

Price Target

2025-12-12

New

downgrade

Overweight -> Sector Weight

Reason

KeyBanc downgraded Pinnacle West to Sector Weight from Overweight without a price target as part of its 2026 outlook for the utilities group. The firm cites the extended timeline of the FRP transition for the downgrade. KeyBanc continues to like Arizona fundamentally and believes Pinnacle West is well positioned for the long term. However, the impacts of the new regime won't be felt in the numbers until 2028, which provides an opportunity to allocate money elsewhere, the analyst tells investors in a research note.

RBC Capital

Stephen D'Ambrisi

resume

$99

2025-10-27

Reason

RBC Capital

Stephen D'Ambrisi

Price Target

$99

2025-10-27

resume

Reason

RBC Capital analyst Stephen D'Ambrisi resumed coverage of Pinnacle West with a Sector Perform rating and $99 price target. The firm appreciates the uplift from load growth but believes that the price benefits of regulatory improvement in Arizona are still unknown and likely not fully realized in earnings until 2028. Load growth continues to drive earnings and future CapEx needs, the firm adds.

Wells Fargo

Shahriar Pourreza

Equal Weight

initiated

$92

2025-10-27

Reason

Wells Fargo

Shahriar Pourreza

Price Target

$92

2025-10-27

initiated

Equal Weight

Reason

Wells Fargo analyst Shahriar Pourreza initiated coverage of Pinnacle West with an Equal Weight rating and $92 price target. The firm launched coverage of the powers and utilities group with 19 Overweights and 14 Equal Weights. Wells prefers names where with growth prospects "actually driving earnings higher" or stocks that are trading at valuation levels "not necessarily reflecting fundamentals." Wells added Constellation (CEG) to its "Best Idea List" for power and Sempra (SRE) to its "Best Idea List" for utilities. Utilities are "materially undervalued" as a "perfect storm of tailwinds" is hitting the group that is much more structural in nature than cyclical, contends the firm.

Morgan Stanley

David Arcaro

Equal Weight

maintain

$87 -> $93

2025-10-22

Reason

Morgan Stanley

David Arcaro

Price Target

$87 -> $93

2025-10-22

maintain

Equal Weight

Reason

Morgan Stanley analyst David Arcaro raised the firm's price target on Pinnacle West to $93 from $87 and keeps an Equal Weight rating on the shares. The firm is updating its price targets for Regulated & Diversified Utilities / IPPs in North America under its coverage, the analyst tells investors. In September, utilities outperformed the S&P, the firm notes. Heading into Q3, the firm expects a key focus for utilities to be on the evolution of data center pipelines and is watching for commentary around interconnection times.

BMO Capital

Market Perform

maintain

$95 -> $99

2025-10-20

Reason

BMO Capital

Price Target

$95 -> $99

2025-10-20

maintain

Market Perform

Reason

BMO Capital raised the firm's price target on Pinnacle West to $99 from $95 and keeps a Market Perform rating on the shares. The company should report in-line EPS and is well-positioned on the year amid the favorable weather vs. normal continuing through the quarter, but focus should continue to be on the initiation of 2026 guidance and the company's refreshed capital plan, the analyst tells investors in a research note. The firm believes minimal growth into 2026 has been well syndicated.

KeyBanc

Sophie Karp

Overweight

downgrade

$100 -> $97

2025-10-15

Reason

KeyBanc

Sophie Karp

Price Target

$100 -> $97

2025-10-15

downgrade

Overweight

Reason

KeyBanc analyst Sophie Karp lowered the firm's price target on Pinnacle West to $97 from $100 and keeps an Overweight rating on the shares. The firm sees the Arizona regulatory environment improving structurally going forward given the 2025 GRC, which is expected to reduce regulatory lag and validate its thesis. In addition, KeyBanc sees the state as well positioned to capitalize on the data economy and industrial load growth, as well as positive population trends. Also, AZ has low climate risk compared to other Western SMIDs, which should help the company stand out from the pack. Pinnacle has maintained its 2025 outlook, which is in line with the firm's expectations.

Valuation Metrics

The current forward P/E ratio for Pinnacle West Capital Corp (PNW.N) is 18.74, compared to its 5-year average forward P/E of 17.55. For a more detailed relative valuation and DCF analysis to assess Pinnacle West Capital Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

17.55

Current PE

18.74

Overvalued PE

19.30

Undervalued PE

15.80

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

11.04

Current EV/EBITDA

11.39

Overvalued EV/EBITDA

11.77

Undervalued EV/EBITDA

10.32

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

2.04

Current PS

1.87

Overvalued PS

2.29

Undervalued PS

1.80

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 325.01% over the last month.

Sold

Bought

Hedge Fund

Hedge Funds areSelling! The selling amount has increased 843.58% over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders areSelling! The selling amount has increased 325.01% over the last month.

Sold

Bought

PNW News & Events

Events Timeline

No data

News

8.0

12-10Newsfilter

Pinnacle West Declares $0.91 Quarterly Dividend per Share

8.0

11-20NASDAQ.COM

Trading for PNW July 2026 Options Commences

8.0

11-10NASDAQ.COM

Boost Yield on Pinnacle West Capital from 4.2% to 8.1% with Options Strategy

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Frequently Asked Questions

What is Pinnacle West Capital Corp (PNW) stock price today?

The current price of PNW is 87.83 USD — it has increased 0.02 % in the last trading day.

What is Pinnacle West Capital Corp (PNW)'s business?

Pinnacle West Capital Corporation is an energy holding company that conducts business through its subsidiaries, Arizona Public Service Company (APS), El Dorado Investment Company (El Dorado) and Pinnacle West Power, LLC. The Company's business segment is its regulated electricity segment, which consists of traditional regulated retail and wholesale electricity businesses (primarily electric service to Native Load customers) and related activities, and includes electricity generation, transmission, and distribution. APS provides electric service to approximately 1.4 million customers. APS is also the operator and co-owner of Palo Verde, a primary source of electricity for the southwest United States and the nuclear power plant in the United States. El Dorado owns debt investments and minority interests in several energy-related investments and Arizona community-based ventures. Palo Verde is a three-unit nuclear power plant located approximately 50 miles west of Phoenix, Arizona.

What is the price predicton of PNW Stock?

What is Pinnacle West Capital Corp (PNW)'s revenue for the last quarter?

Pinnacle West Capital Corp revenue for the last quarter amounts to 1.82B USD, increased 2.94 % YoY.

What is Pinnacle West Capital Corp (PNW)'s earnings per share (EPS) for the last quarter?

Pinnacle West Capital Corp. EPS for the last quarter amounts to 3.39 USD, increased 0.59 % YoY.

What changes have occurred in the market's expectations for Pinnacle West Capital Corp (PNW)'s fundamentals?

How many employees does Pinnacle West Capital Corp (PNW). have?

Pinnacle West Capital Corp (PNW) has 88 emplpoyees as of December 15 2025.

What is Pinnacle West Capital Corp (PNW) market cap?

Today PNW has the market capitalization of 10.51B USD.