Pinnacle West Capital Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Pinnacle West Capital stock have an average target of 100.21, with a low estimate of 90 and a high estimate of 109. The average target predicts a decrease of -2.82% from the current stock price of 103.12.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$90	$100.21	$100	$109
Change	-12.72%	-2.82%	-3.03%	+5.70%

Analyst Ratings

The average analyst rating for Pinnacle West Capital stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	2	2	2	1	1	2
Buy	2	1	1	1	1	1
Hold	9	9	9	11	11	12
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	12	12	13	13	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Arcaro Morgan Stanley	Morgan Stanley	Hold Maintains $99 → $98	Hold	Maintains	$99 → $98	-4.97%	Apr 21, 2026
Richard Sunderland Truist Securities	Truist Securities	Hold Initiates $108	Hold	Initiates	$108	+4.73%	Apr 21, 2026
David Coleman Argus Research	Argus Research	Strong Buy Maintains $95 → $106	Strong Buy	Maintains	$95 → $106	+2.79%	Apr 14, 2026
Nicholas Campanella Barclays	Barclays	Hold Maintains $97 → $101	Hold	Maintains	$97 → $101	-2.06%	Mar 31, 2026
Ryan Levine Citigroup	Citigroup	Hold Maintains $100 → $109	Hold	Maintains	$100 → $109	+5.70%	Feb 26, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

5.62B

from 5.34B

5.15%

from 5.34B

Revenue Next Year

6.00B

from 5.62B

6.89%

from 5.62B

EPS This Year

4.75

from 5.05

-6.00%

from 5.05

EPS Next Year

5.66

from 4.75

19.31%

from 4.75

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	5.62B	6.00B
Revenue Growth	6.05%	13.69%	8.59%	9.13%	4.20%	5.15%	6.89%
EPS	5.47	4.26	4.41	5.24	5.05	4.75	5.66
EPS Growth	12.32%	-22.12%	3.52%	18.82%	-3.63%	-6.00%	19.31%
Forward PE	-	-	-	-	-	21.72	18.21
No. Analysts	-	-	-	-	-	18	17

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

Revenue Forecast

Revenue	2026	2027
High	6.0B	6.5B
Avg	5.6B	6.0B
Low	5.3B	5.6B

Revenue Growth

Revenue Growth	2026	2027
High	12.1%	15.1%
Avg	5.2%	6.9%
Low	-0.8%	0.2%

EPS Forecast

EPS	2026	2027
High	5.02	6.03
Avg	4.75	5.66
Low	4.56	5.28

EPS Growth

EPS Growth	2026	2027
High	-0.6%	27.0%
Avg	-6.0%	19.3%
Low	-9.8%	11.2%

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.