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PNW Stock Forecast: Pinnacle West Capital Corp. Price Predictions for 2026-2027

Last close, 14 Aug 2026
$101
+0.75% on the day

The 17 Wall Street analysts covering Pinnacle West Capital Corp. hold a median 12-month price target of $105 — +3.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 34 of 100 as at 15 Aug 2026 — in the lower half.

Market cap
$12.3B
Ticker Nerd rank
34 / 100
Median analyst target
$105
Analysts covering
17
Total return, dividends reinvested
1W
+0.4%
1M
−6.1%
YTD
+17.6%
1Y
+14.6%
From 52W high
−6.4%
From 52W low
+22.7%
$83
$108
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

PNW stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Pinnacle West Capital Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 15 Aug 2026
34 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
85
Momentum
72
Revisions
62
Growth
55
Value
48
Accruals
36
Quality
25
Issuance
25
Size
14

Volatility (85): The share price has been relatively steady.

Issuance (25): The company has been issuing shares or taking on financing, diluting existing holders.

Size (14): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

PNW stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on PNW, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$80$90$100$110$120$130Oct 25Jan 26Apr 26Jul 26PNWHigh $129Median $105Low $87

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says17 analysts
4 Buy12 Hold1 Sell
Low $87Median $105High $129

The green dot is the last close — the median target sits +3.5% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
22 July 2026BMO CapitalMaintainsMarket Perform$106 → $104
1 July 2026BarclaysMaintainsEqual-Weight—
1 July 2026BarclaysMaintainsEqual-Weight$102 → $108
29 May 2026Truist SecuritiesMaintainsHold—
15 May 2026TD CowenMaintainsHold—
5 May 2026BarclaysMaintainsEqual-Weight—
21 Apr 2026Morgan StanleyMaintainsEqual-Weight—
21 Apr 2026Truist SecuritiesInitiatesHold—
14 Apr 2026Argus ResearchMaintainsBuy—
31 Mar 2026BarclaysMaintainsEqual-Weight—
26 Feb 2026BMO CapitalMaintainsMarket Perform—
26 Feb 2026CitigroupMaintainsNeutral—
26 Feb 2026TD CowenMaintainsHold—
26 Feb 2026Wells FargoMaintainsEqual-Weight—
20 Jan 2026Wells FargoMaintainsEqual-Weight—
15 Jan 2026BarclaysMaintainsEqual-Weight—
17 Dec 2025UBSMaintainsNeutral—
12 Dec 2025KeybancDowngradeSector Weight—
28 Oct 2025RBC CapitalReiteratesSector Perform—
28 Oct 2025Wells FargoInitiatesEqual-Weight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. PNW appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

PNW analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+0.5%
Analysts raising
1
Analysts cutting
0
Fundamentals

Pinnacle West Capital Corp. (PNW) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
19.5×

Cheaper than 40% of US stocks

Price / sales
2.2×

Cheaper than 51% of US stocks

Price / book
1.7×

Cheaper than 51% of US stocks

EV / EBITDA
13.4×

Cheaper than 28% of US stocks

Growth & margins
Revenue growth (YoY)
7.1%

Higher than 44% of US stocks

Earnings growth (YoY)
−7.3%

Higher than 28% of US stocks

Gross margin
42.2%

Higher than 53% of US stocks

Operating margin
21.3%

Higher than 80% of US stocks

Net margin
11.5%

Higher than 73% of US stocks

Returns & dividend
Return on equity
9.4%

Higher than 62% of US stocks

Return on assets
2.3%

Higher than 61% of US stocks

Dividend yield
3.6%

Higher than 73% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

PNW vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelUtilities - Regulated Electric
CompanyMarket capTKN rank
PNWPinnacle West Capital Corp.$12.3B
34
OGEOGE Energy Corp.$9.8B
63
LNTAlliant Energy Corp.$18.2B
38
IDAIDACORP, Inc.$7.9B
25
EVRGEvergy, Inc.$19.4B
52
CMSCMS Energy Corp.$21.6B
34
TXNMTXNM Energy, Inc.$5.9B
40

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Pinnacle West Capital Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest PNW news & analysis

Pinnacle West Capital Q2 Earnings Call Highlights

MarketBeat · 5 Aug 2026negative

Pinnacle West Capital reported Q2 2026 earnings of $1.43 per share, down $0.15 from a year earlier. Higher interest expense, depreciation and amortization, and lower transmission revenue weighed on results, though strong weather-driven demand and customer growth provided some offset.

Why it matters — The earnings decline signals that rising costs are pressuring profitability even as the utility benefits from customer and demand growth.

Pinnacle West Q2 Earnings Miss Estimates, Revenues Increase Y/Y

Zacks Investment Research · 4 Aug 2026negative

Pinnacle West's (PNW) second-quarter earnings missed estimates, as higher fuel, power, and interest costs offset 7.1% year-over-year revenue growth. The company's 2026 guidance remains unchanged.

Why it matters — The results signal that rising input and financing costs are pressuring short-term profitability even as PNW continues to grow revenue and hold its forward guidance steady.

Pinnacle West Capital Corporation (PNW) Q2 2026 Earnings Call Transcript

Seeking Alpha · 4 Aug 2026neutral

Seeking Alpha published the transcript of Pinnacle West Capital Corporation's (PNW) Q2 2026 earnings call. The item is the earnings call transcript for the company's second-quarter 2026 results.

Why it matters — The transcript gives PNW watchers direct access to management's discussion of the company's quarterly performance.

Pinnacle West (PNW) Q2 Earnings Lag Estimates

Zacks Investment Research · 4 Aug 2026negative

Pinnacle West reported Q2 earnings of $1.43 per share, below the Zacks Consensus Estimate of $1.49 per share and down from $1.58 per share a year ago.

Why it matters — A PNW watcher would care because the quarter's earnings fell short of analyst expectations and declined from the prior-year period.

Pinnacle West Reports Lower 2026 Second-Quarter Financial Results Compared to a Year Ago

Business Wire · 4 Aug 2026negative

According to the release, Pinnacle West Capital Corp. reported lower financial results for the 2026 second quarter compared with the same period a year earlier, and the company released these second-quarter 2026 results.

Why it matters — PNW watchers would care because the results show a year-over-year decline in the company's quarterly financial performance.

FAQ

Frequently asked questions about PNW stock

What is the PNW stock price forecast for 2026-2027?

The 17 Wall Street analysts covering Pinnacle West Capital Corp. have a median 12-month price target of $105, with estimates ranging from $87 to $129. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is PNW stock a buy right now?

Of the 17 analysts covering Pinnacle West Capital Corp., 4 rate it a Buy, 12 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Pinnacle West Capital Corp. 34 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank PNW?

As at 15 Aug 2026, Pinnacle West Capital Corp. ranks 34 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (85 of 100).

Will PNW stock go up?

No one can know that. What the data says: the median 12-month target from 17 analysts implies +3.5% from the last close, and Ticker Nerd's factor model ranks Pinnacle West Capital Corp. 34 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the PNW stock forecast for 2030?

No analyst covering Pinnacle West Capital Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for PNW are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $87 to $129 over the next 12 months.

How has PNW stock performed over the past year?

Pinnacle West Capital Corp. returned +14.6% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Pinnacle West Capital Corp. do?

Pinnacle West Capital Corporation is an energy-focused utility holding company headquartered in Phoenix, Arizona. The company primarily operates through Arizona Public Service Company, a vertically integrated electric utility that provides regulated retail and wholesale electricity to residential, commercial, and industrial customers across central and southern Arizona.

What is the latest news on PNW?

The most recent item we track (MarketBeat, 5 Aug 2026): "Pinnacle West Capital Q2 Earnings Call Highlights". Pinnacle West Capital reported Q2 2026 earnings of $1.43 per share, down $0.15 from a year earlier. Higher interest expense, depreciation and amortization, and lower transmission revenue weighed on results, though strong weather-driven demand and customer growth provided some offset.

Company

About Pinnacle West Capital Corp.

Pinnacle West Capital Corporation is an energy-focused utility holding company headquartered in Phoenix, Arizona. The company primarily operates through Arizona Public Service Company, a vertically integrated electric utility that provides regulated retail and wholesale electricity to residential, commercial, and industrial customers across central and southern Arizona. Pinnacle West Capital Corporation’s core activities span electricity generation, transmission, and distribution, using a diverse mix of nuclear, natural gas, coal, oil, and solar resources, complemented by energy storage facilities and extensive overhead and underground line networks. Through its subsidiaries, including Arizona Public Service Company, El Dorado Investment Company, and Pinnacle West Power, LLC, the company also holds debt and minority interests in energy-related and Arizona community-based ventures, and develops and operates transmission infrastructure in the western United States. Founded in 1985 and based in Phoenix, Pinnacle West Capital Corporation plays a central role in supplying essential electric services within Arizona’s regulated utilities sector.

CEO Mr. Theodore N. Geisler · 6,610 employees · United States · https://www.pinnaclewest.com