Pinnacle West Capital Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Pinnacle West Capital stock have an average target of 105.55, with a low estimate of 95 and a high estimate of 128. The average target predicts a decrease of -2.34% from the current stock price of 108.08.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$95	$105.55	$105	$128
Change	-12.10%	-2.34%	-2.85%	+18.43%

Analyst Ratings

The average analyst rating for Pinnacle West Capital stock from 17 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	3	4	4	4	4
Buy	0	0	0	0	0	0
Hold	12	12	12	13	12	12
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	16	16	17	18	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Arcaro Morgan Stanley	Morgan Stanley	Hold Maintains $92 → $95	Hold	Maintains	$92 → $95	-12.10%	Jun 24, 2026
Richard Sunderland Truist Financial	Truist Financial	Hold Maintains $108 → $105	Hold	Maintains	$108 → $105	-2.85%	May 29, 2026
Unknown Analyst Jefferies No rating	Jefferies	Buy Maintains $128	Buy	Maintains	$128	+18.43%	May 28, 2026
Shelby Tucker TD Cowen	TD Cowen	Hold Maintains $100 → $101	Hold	Maintains	$100 → $101	-6.55%	May 15, 2026
Shahriar Pourreza Wells Fargo	Wells Fargo	Hold Maintains $106	Hold	Maintains	$106	-1.92%	May 15, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

5.53B

from 5.34B

3.57%

from 5.34B

Revenue Next Year

5.94B

from 5.53B

7.47%

from 5.53B

EPS This Year

4.71

from 5.05

-6.67%

from 5.05

EPS Next Year

5.57

from 4.71

18.13%

from 4.71

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.80B	4.32B	4.70B	5.12B	5.34B	5.53B	5.94B
Revenue Growth	6.05%	13.69%	8.59%	9.13%	4.20%	3.57%	7.47%
EPS	5.47	4.26	4.41	5.24	5.05	4.70	5.64
EPS Growth	12.32%	-22.12%	3.52%	18.82%	-3.63%	-6.96%	20.03%
Forward PE	-	-	-	-	-	23.00	19.16
No. Analysts	-	-	-	-	-	12	12

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

Revenue Forecast

Revenue	2026	2027
High	5.7B	6.4B
Avg	5.5B	5.9B
Low	5.3B	5.6B

Revenue Growth

Revenue Growth	2026	2027
High	6.2%	15.3%
Avg	3.6%	7.5%
Low	-0.8%	1.7%

EPS Forecast

EPS	2026	2027
High	4.82	5.76
Avg	4.71	5.57
Low	4.65	5.08

EPS Growth

EPS Growth	2026	2027
High	-4.6%	22.2%
Avg	-6.7%	18.1%
Low	-7.9%	7.8%

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.