PINNACLE WEST CAPITAL (PNW) Forecast, Price Target & Analyst Ratings

NYSE:PNWUS7234841010

Current stock price

103.59 USD
-0.86 (-0.82%)
At close:
103.59 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PINNACLE WEST CAPITAL (PNW).

Forecast Snapshot

Consensus Price Target

Price Target
$104.44
+ 0.82% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
-$0.08
Revenue Estimate
1.097B

ChartMill Buy Consensus

Rating
70.91%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$104.44
Upside
+ 0.82%
From current price of $103.59 to mean target of $104.44, Based on 22 analyst forecasts
Low
$82.32
Median
$104.55
High
$130.20

Price Target Revisions

1 Month
6.40%
3 Months
7.29%

Price Target Summary

22 Wall Street analysts provided a forecast for the next 12 months for PNW. The average price target is 104.44 USD. This implies a price increase of 0.82% is expected in the next year compared to the current price of 103.59.
The average price target has been revised upward by 7.29% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

PNW Current Analyst RatingPNW Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10

Analyst Ratings History

PNW Historical Analyst RatingsPNW Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
70.91%
PNW was analyzed by 22 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about PNW.
In the previous month the buy percentage consensus was at a similar level.
PNW was analyzed by 22 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-31BarclaysMaintains Equal-Weight -> Equal-Weight
2026-02-26TD CowenMaintains Hold -> Hold
2026-02-26BMO CapitalMaintains Market Perform -> Market Perform
2026-02-26Wells FargoMaintains Equal-Weight -> Equal-Weight
2026-02-26CitigroupMaintains Neutral -> Neutral
2026-01-20Wells FargoMaintains Equal-Weight -> Equal-Weight
2026-01-15BarclaysMaintains Equal-Weight -> Equal-Weight
2025-12-17UBSMaintains Neutral -> Neutral
2025-12-12KeybancDowngrade Overweight -> Sector Weight
2025-10-28RBC CapitalReiterate Sector Perform
2025-10-28Wells FargoInitiate Equal-Weight
2025-10-15KeybancMaintains Overweight -> Overweight
2025-10-10UBSMaintains Neutral -> Neutral
2025-10-07BarclaysMaintains Equal-Weight -> Equal-Weight
2025-09-30Argus ResearchMaintains Buy -> Buy
2025-09-25Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2025-09-12UBSMaintains Neutral -> Neutral
2025-09-09MizuhoDowngrade Outperform -> Neutral
2025-08-13BarclaysMaintains Equal-Weight -> Equal-Weight
2025-08-07BMO CapitalMaintains Market Perform -> Market Perform
2025-07-16KeybancMaintains Overweight -> Overweight
2025-07-11UBSMaintains Neutral -> Neutral
2025-05-22Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2025-05-13BMO CapitalInitiate Market Perform
2025-05-02Wells FargoMaintains Equal-Weight -> Equal-Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
-$0.08
Revenue Estimate
1.097B
Revenue Q2Q
6.27%
EPS Q2Q
-87.96%
Number of Analysts
12

Next Earnings Revisions

Revenue (1 Month)
1.29%
Revenue (3 Months)
-0.54%
EPS (1 Month)
-39.14%
EPS (3 Months)
-87.27%

Next Earnings Summary

PNW is expected to report earnings on 5/4/2026. The consensus EPS estimate for the next earnings is -0.08 USD and the consensus revenue estimate is 1.10B USD.
The next earnings revenue estimate has been revised downward by 0.54% in the past 3 months.

Full Analyst Estimates 2026 - 2031

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031
Revenue
YoY % growth
PNW revenue by date.PNW revenue by date.
4.696B
8.59%
5.125B
9.13%
5.34B
4.20%
5.63B
5.43%
6.014B
6.82%
6.309B
4.91%
6.511B
3.20%
6.895B
5.90%
N/A
EBITDA
YoY % growth
PNW ebitda by date.PNW ebitda by date.
1.679B
8.33%
1.968B
17.24%
2.037B
3.51%
2.139B
4.99%
2.444B
14.26%
2.699B
10.43%
2.858B
5.89%
3.081B
7.80%
N/A
EBIT
YoY % growth
PNW ebit by date.PNW ebit by date.
824.64M
12.67%
1.012B
22.73%
1.068B
5.49%
1.123B
5.19%
1.348B
20.04%
1.504B
11.57%
1.664B
10.64%
1.809B
8.71%
N/A
Operating Margin
PNW operating margin by date.PNW operating margin by date.
17.56%19.75%19.99%19.95%22.41%23.84%25.56%26.24%N/A
EPS
YoY % growth
PNW eps by date.PNW eps by date.
4.41
3.28%
5.22
18.37%
5.06
-3.07%
4.75
-6.19%
5.66
19.31%
6.15
8.56%
6.59
7.20%
7.34
11.43%
8.59
16.89%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth
-0.08
-87.96%
1.53
-3.05%
3.29
-2.89%
0.42
223.54%
0.21
380.09%
1.90
23.78%
3.48
5.75%
0.13
-70.04%
0.29
39.09%
2.18
15.06%
3.87
11.12%
-0.02
-116.03%
Revenue
Q2Q % growth
1.097B
6.27%
1.415B
4.14%
1.908B
4.79%
1.187B
5.21%
1.179B
7.47%
1.583B
11.87%
2.14B
12.16%
1.297B
9.27%
N/AN/AN/AN/A
EBITDA
Q2Q % growth
332.75M
8.08%
556.83M
-30.38%
838.46M
-36.17%
378.11M
-65.33%
N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth
73.65M
28.71%
316.51M
2.91%
592.51M
1.83%
121.79M
0.64%
100.66M
36.67%
416.25M
31.51%
710.79M
19.96%
144.6M
18.73%
N/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PNW Yearly Revenue VS EstimatesPNW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B
PNW Yearly EPS VS EstimatesPNW Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2 4 6 8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
6.71%
EPS Next 5 Year
7.74%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.36%
Revenue Next 5 Year
5.03%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
35.41%
EBIT Next 5 Year
23.17%

PINNACLE WEST CAPITAL / PNW Forecast FAQ

Can you provide the average price target for PINNACLE WEST CAPITAL stock?

22 analysts have analysed PNW and the average price target is 104.44 USD. This implies a price increase of 0.82% is expected in the next year compared to the current price of 103.59.

Can you provide the upcoming earnings date for PINNACLE WEST CAPITAL?

PINNACLE WEST CAPITAL (PNW) will report earnings on 2026-05-04.

Can you provide the consensus estimates for PINNACLE WEST CAPITAL next earnings?

The consensus EPS estimate for the next earnings of PINNACLE WEST CAPITAL (PNW) is -0.08 USD and the consensus revenue estimate is 1.10B USD.

What is the expected long term growth rate for PINNACLE WEST CAPITAL (PNW)?

The expected long term growth rate for PINNACLE WEST CAPITAL (PNW) is 5.36%.