Pinnacle West Capital Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Pinnacle West Capital stock have an average target of 97.25, with a low estimate of 87 and a high estimate of 109. The average target predicts a decrease of -5.07% from the current stock price of 102.44.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$87	$97.25	$98	$109
Change	-15.07%	-5.07%	-4.33%	+6.40%

Analyst Ratings

The average analyst rating for Pinnacle West Capital stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	3	2	2	2	2	1
Buy	2	2	2	1	1	1
Hold	7	9	9	9	9	11
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	13	13	12	12	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Levine Citigroup	Citigroup	Hold Maintains $100 → $109	Hold	Maintains	$100 → $109	+6.40%	Feb 26, 2026
Shelby Tucker TD Cowen	TD Cowen	Hold Maintains $97 → $100	Hold	Maintains	$97 → $100	-2.38%	Feb 26, 2026
Edward DeArias BMO Capital	BMO Capital	Hold Maintains $98 → $107	Hold	Maintains	$98 → $107	+4.45%	Feb 26, 2026
Shahriar Pourreza Wells Fargo	Wells Fargo	Hold Maintains $91 → $97	Hold	Maintains	$91 → $97	-5.31%	Feb 26, 2026
Shahriar Pourreza Wells Fargo	Wells Fargo	Hold Maintains $92 → $91	Hold	Maintains	$92 → $91	-11.17%	Jan 20, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

5.39B

from 5.12B

5.25%

from 5.12B

Revenue Next Year

5.62B

from 5.39B

4.17%

from 5.39B

EPS This Year

4.94

from 5.24

-5.69%

from 5.24

EPS Next Year

4.75

from 4.94

-3.92%

from 4.94

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.59B	3.80B	4.32B	4.70B	5.12B	5.39B	5.62B
Revenue Growth	3.34%	6.05%	13.69%	8.59%	9.13%	5.25%	4.17%
EPS	4.87	5.47	4.26	4.41	5.24	4.94	4.75
EPS Growth	2.10%	12.32%	-22.12%	3.52%	18.82%	-5.69%	-3.92%
Forward PE	-	-	-	-	-	20.73	21.58
No. Analysts	-	-	-	-	-	17	17

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	5.7B	6.0B
Avg	5.4B	5.6B
Low	5.1B	5.2B

Revenue Growth

Revenue Growth	2025	2026
High	12.1%	11.0%
Avg	5.3%	4.2%
Low	0.0%	-3.1%

EPS Forecast

EPS	2025	2026
High	5.38	5.12
Avg	4.94	4.75
Low	4.45	4.55

EPS Growth

EPS Growth	2025	2026
High	2.6%	3.7%
Avg	-5.7%	-3.9%
Low	-15.1%	-8.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.