Pinnacle West Capital Corporation (PNW) Stock Forecast

NYSE: PNWAnalyst ratings, price target and estimates.

PNW analyst forecast

as of October 18, 2026
Analyst consensus
Hold
3.47 / 5 from 17 analysts
Price target
$102.93
average of analyst targets
Upside to target
−0.5%
from the latest close
Next earnings
November 3, 2026
EPS estimate $3.31
52-week range
$86.55 – $109.37

PNW analyst ratings

17 analysts
Strong buy
424%
Buy
16%
Hold
1165%
Sell
16%
Strong sell
00%

Number of analysts at each rating.

PNW price target

Price $103.42Target $102.93
52-week low $86.5552-week high $109.37

The average of analyst 12-month price targets compared with the latest close and the 52-week range.

PNW earnings per share estimates

PeriodAverageLowHighYear agoGrowthAnalysts
Current quarter (Sep '26)$3.29$3.08$3.70$3.39−3.0%6
Current fiscal year (2026)$4.78$4.67$5.30$5.05−5.4%10
Next fiscal year (2027)$5.65$5.58$5.86$4.78+18.1%10

Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.

PNW revenue estimates

PeriodAverageLowHighGrowthAnalysts
Current quarter (Sep '26)$1.92B$1.87B$2.02B+5.4%3
Current fiscal year (2026)$5.62B$5.43B$5.85B+5.2%8
Next fiscal year (2027)$5.94B$5.49B$6.38B+5.7%12

PNW EPS: reported and forecast

Reported EPSEstimate (average; low–high)

Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.

PNW revenue: reported and forecast

Reported revenueEstimate (average; low–high)

PNW EPS estimate revisions

Period90 days ago60 days ago30 days ago7 days agoNowChange (90 d)Revisions (30 d)
Current quarter (Sep '26)$3.16$3.15$3.15$3.19$3.29+3.9%1 up · 0 down
Current fiscal year (2026)$4.72$4.72$4.71$4.72$4.78+1.3%1 up · 1 down
Next fiscal year (2027)$5.65$5.65$5.64$5.64$5.65−0.0%0 up · 1 down

How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.

PNW earnings surprises

Reported EPSEstimate

Reported EPS vs the consensus estimate for the last 12 quarters; PNW beat in 8 of 12.

What analysts expect from PNW

17 analysts cover Pinnacle West; their consensus rating is hold (3.47 on a 1–5 scale, where 5 is a strong buy). The average price target is $102.93, 0.5% below the latest close of $103.42. Analysts expect earnings of $4.78 per share for 2026, −5.4% from a year earlier. For 2027 the average estimate is $5.65 per share on revenue of $5.9 billion. Pinnacle West beat the EPS estimate in 8 of the last 12 quarters.

Related: PNW income statement, PNW key metrics, PNW chart. See the PNW stock overview for the latest quote and news.

PNW forecast FAQ

What is Pinnacle West's price target?

The average analyst price target for Pinnacle West is $102.93, 0.5% below the latest close of $103.42.

Is Pinnacle West a buy, hold or sell?

Of 17 analysts covering Pinnacle West, 4 rate it a strong buy, 1 a buy, 11 a hold, 1 a sell and 0 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.

What is Pinnacle West's EPS forecast?

Analysts forecast $4.78 per share for 2026 (range $4.67 to $5.30); for 2027 the estimate is $5.65.

What is Pinnacle West's revenue forecast?

The average revenue estimate for 2026 is $5.6 billion, growth of 5.2%; for 2027 it is $5.9 billion.

When does Pinnacle West report earnings?

Pinnacle West is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 before the market opens; the EPS estimate is $3.31.

Does Pinnacle West usually beat earnings estimates?

Pinnacle West reported EPS at or above the analyst estimate in 8 of the last 12 quarters.

Utilities - Regulated Electric: forecast