PNWUtilities · Utilities - Regulated ElectricThe 16 Wall Street analysts covering Pinnacle West Capital Corp. hold a median 12-month price target of $106 — +8.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 34 of 100 as at 22 Aug 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.
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.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Volatility (90): The share price has been relatively steady.
Issuance (24): 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.
The bullish and bearish analyst opinions on PNW, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +8.5% from it.
Of the 20 most recent actions, 1 moved their price target up and 3 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 21 Aug 2026 | Morgan Stanley | Maintains | Equal-Weight | $97 → $94 |
| 17 Aug 2026 | Truist Securities | Maintains | Hold | $107 → $101 |
| 22 July 2026 | BMO Capital | Maintains | Market Perform | $106 → $104 |
| 22 July 2026 | BMO Capital | Maintains | Market Perform | — |
| 1 July 2026 | Barclays | Maintains | Equal-Weight | — |
| 1 July 2026 | Barclays | Maintains | Equal-Weight | $102 → $108 |
| 29 May 2026 | Truist Securities | Maintains | Hold | — |
| 15 May 2026 | TD Cowen | Maintains | Hold | — |
| 5 May 2026 | Barclays | Maintains | Equal-Weight | — |
| 21 Apr 2026 | Morgan Stanley | Maintains | Equal-Weight | — |
| 21 Apr 2026 | Truist Securities | Initiates | Hold | — |
| 14 Apr 2026 | Argus Research | Maintains | Buy | — |
| 31 Mar 2026 | Barclays | Maintains | Equal-Weight | — |
| 26 Feb 2026 | BMO Capital | Maintains | Market Perform | — |
| 26 Feb 2026 | Citigroup | Maintains | Neutral | — |
| 26 Feb 2026 | TD Cowen | Maintains | Hold | — |
| 26 Feb 2026 | Wells Fargo | Maintains | Equal-Weight | — |
| 20 Jan 2026 | Wells Fargo | Maintains | Equal-Weight | — |
| 15 Jan 2026 | Barclays | Maintains | Equal-Weight | — |
| 17 Dec 2025 | UBS | Maintains | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
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.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 24 Aug 2026, Pinnacle West Capital Corp. returned +11.1% against +19.6% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 41% of US stocks
Cheaper than 52% of US stocks
Cheaper than 53% of US stocks
Cheaper than 28% of US stocks
Higher than 44% of US stocks
Higher than 28% of US stocks
Higher than 53% of US stocks
Higher than 80% of US stocks
Higher than 73% of US stocks
Higher than 62% of US stocks
Higher than 61% of US stocks
Higher than 74% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Pinnacle West Capital Corp. has a market value of $11.8B and an enterprise value of $28.3B.
Revenue in the twelve months to 30 June 2026: $5.6B. The latest quarter grew 7.1% year on year.
Net income over the same four quarters: $651.0M, a 11.7% net margin.
Diluted earnings per share, trailing twelve months: $5.22.
Free cash flow in the twelve months to 30 June 2026: −$878.5M, after $2.6B of capital spending.
Pinnacle West Capital Corp. spent $431.4M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 18.7×; forward P/E: 17.5× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 3.74%, paying out 70% of earnings.
Pinnacle West Capital Corp. employs 6,610 people — $840K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
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 →
Zacks reports that Pinnacle West Capital's disciplined cost control and lower operations and maintenance expenses are supporting flexibility for infrastructure spending and long-term earnings growth.
Why it matters — PNW watchers would care because the company's cost-control efforts could support its ability to invest in infrastructure and sustain long-term earnings growth.
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'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.
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 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.
The 16 Wall Street analysts covering Pinnacle West Capital Corp. have a median 12-month price target of $106, with estimates ranging from $87 to $129. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 16 analysts covering Pinnacle West Capital Corp., 4 rate it a Buy, 11 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 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 22 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 (90 of 100).
No one can know that. What the data says: the median 12-month target from 16 analysts implies +8.5% from the last close, and Ticker Nerd's factor model ranks Pinnacle West Capital Corp. 34 out of 100 as at 22 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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.
Pinnacle West Capital Corp. returned +11.1% over the 12 months to 24 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
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.
The most recent item we track (Zacks Investment Research, 21 Aug 2026): "Will PNW's Cost-Control Efforts Support Long-Term Earnings Growth?". Zacks reports that Pinnacle West Capital's disciplined cost control and lower operations and maintenance expenses are supporting flexibility for infrastructure spending and long-term earnings growth.
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
