Pinnacle West Capital Corporation (PNW)
| Market Cap | 13.10B |
| Revenue (ttm) | 5.46B |
| Net Income (ttm) | 654.10M |
| Shares Out | 121.19M |
| EPS (ttm) | 5.32 |
| PE Ratio | 20.32 |
| Forward PE | 22.79 |
| Dividend | $3.64 (3.39%) |
| Ex-Dividend Date | Aug 3, 2026 |
| Volume | 2,350,018 |
| Open | 107.77 |
| Previous Close | 107.28 |
| Day's Range | 107.26 - 108.37 |
| 52-Week Range | 85.32 - 108.37 |
| Beta | 0.44 |
| Analysts | Hold |
| Price Target | 105.29 (-2.58%) |
| Earnings Date | Aug 5, 2026 |
About PNW
Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains substations, including transmission and distribution yards; and owns ener... [Read more]
Financial Performance
In 2025, Pinnacle West Capital's revenue was $5.34 billion, an increase of 4.20% compared to the previous year's $5.12 billion. Earnings were $616.53 million, an increase of 1.27%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for PNW stock is "Hold." The 12-month stock price target is $105.29, which is a decrease of -2.58% from the latest price.
News
Pinnacle West Declares Quarterly Dividend
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital declared a quarterly dividend payable on Sept. 1, 2026, to shareholders of record at the close of business on Aug. 3, 2026.
Pinnacle West price target raised to $95 from $92 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Pinnacle West (PNW) to $95 from $92 and keeps an Equal Weight rating on the shares. The firm updated its price targets…
Pinnacle West price target lowered to $105 from $108 at Truist
Truist analyst Richard Sunderland lowered the firm’s price target on Pinnacle West (PNW) to $105 from $108 and keeps a Hold rating on the shares as part of a broader…
Pinnacle West price target lowered to $92 from $98 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Pinnacle West (PNW) to $92 from $98 and keeps an Equal Weight rating on the shares. The firm updated its price targets…
Pinnacle West price target raised to $101 from $100 at TD Cowen
TD Cowen raised the firm’s price target on Pinnacle West (PNW) to $101 from $100 and keeps a Hold rating on the shares. The firm updated models in the utilities…
Pinnacle West Capital Transcript: AGM 2026
Shareholders received updates on robust growth, major infrastructure investments, and continued dividend increases. All director nominees were elected, executive compensation was approved, and the auditor was ratified. Key challenges included managing rapid demand growth and maintaining affordability.
Pinnacle West price target raised to $102 from $101 at Barclays
Barclays analyst Nicholas Campanella raised the firm’s price target on Pinnacle West (PNW) to $102 from $101 and keeps an Equal Weight rating on the shares post the Q1 report.
Pinnacle West Capital Earnings Call Transcript: Q1 2026
Q1 2026 saw strong EPS growth, driven by higher transmission revenue, robust customer and sales growth, and lower O&M. Infrastructure investments and subscription model contracts are supporting Arizona's rapid economic and industrial expansion.
Pinnacle West Capital Earnings release: Q1 2026
Pinnacle West Capital released its Q1 2026 earnings on May 4, 2026, summarizing the period's financial results.
Pinnacle West Capital Quarterly report: Q1 2026
Pinnacle West Capital has published its Q1 2026 quarterly earnings report on May 4, 2026.
Pinnacle West Capital Slides: Q1 2026
Pinnacle West Capital has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 4, 2026.
Pinnacle West still sees FY26 EPS $4.55-$4.75, consensus $4.70
08:28 EDT Pinnacle West (PNW) still sees FY26 EPS $4.55-$4.75, consensus $4.70
Pinnacle West Reports 2026 First-Quarter Financial Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West reports first-quarter 2026 financial results driven by hotter-than-normal weather.
Notable companies reporting before Monday’s open
Notable companies reporting before Monday’s open, with earnings consensus, include Tyson Foods (TSN), consensus 78c… Norwegian Cruise Line (NCLH), consensus 14c… Pinnacle West (PNW), consensus 1c.
Pinnacle West price target lowered to $98 from $99 at Morgan Stanley
Morgan Stanley analyst David Arcaro lowered the firm’s price target on Pinnacle West (PNW) to $98 from $99 and keeps an Equal Weight rating on the shares. The firm is…
Pinnacle West price target raised to $106 from $97 at Wells Fargo
Wells Fargo raised the firm’s price target on Pinnacle West (PNW) to $106 from $97 and keeps an Equal Weight rating on the shares. Following conversations with the companies, the…
Pinnacle West initiated with a Hold at Truist
Truist analyst Richard Sunderland initiated coverage of Pinnacle West (PNW) with a Hold rating and $108 price target The firm launched coverage of 20 names in the power and utilities…
Pinnacle West price target raised to $106 from $95 at Argus
Argus raised the firm’s price target on Pinnacle West (PNW) to $106 from $95 and keeps a Buy rating on the shares. To meet growing demand, the company is in…
Pinnacle West Sets Date for 2026 First-Quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West plans to release its 2026 first-quarter financial results before U.S. financial markets open on Monday, May 4, 2026.
Pinnacle West Capital Proxy statement: Proxy filing
Pinnacle West Capital filed a proxy statement on April 3, 2026, providing details for shareholder voting and corporate governance matters.
Pinnacle West Capital Proxy statement: Proxy filing
Pinnacle West Capital filed a proxy statement on April 3, 2026, providing details for shareholder voting and corporate governance matters.
Pinnacle West price target raised to $101 from $97 at Barclays
Barclays raised the firm’s price target on Pinnacle West (PNW) to $101 from $97 and keeps an Equal Weight rating on the shares.
Pinnacle West price target raised to $99 from $96 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Pinnacle West (PNW) to $99 from $96 and keeps an Equal Weight rating on the shares. The firm is updating the price…
Pinnacle West Capital Slides: Investor presentation
Pinnacle West Capital has posted slides in relation to its latest quarterly earnings report, which was published on March 2, 2026.
Pinnacle West price target raised to $97 from $90 at Barclays
Barclays raised the firm’s price target on Pinnacle West (PNW) to $97 from $90 and keeps an Equal Weight rating on the shares.