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NYSE: PNW
Pinnacle West Capital Corp Stock Forecast, Predictions & Price Target

Analyst price target for PNW

Based on 8 analysts offering 12 month price targets for Pinnacle West Capital Corp.
Min Forecast
$69.00+0.16%
Avg Forecast
$74.63+8.32%
Max Forecast
$80.00+16.13%

Should I buy or sell PNW stock?

Based on 8 analysts offering ratings for Pinnacle West Capital Corp.
Buy
Strong Buy
3 analysts 37.5%
Buy
0 analysts 0%
Hold
5 analysts 62.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PNW stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-04
lockedlocked$00.00+00.00%2024-03-01
lockedlocked$00.00+00.00%2024-02-14
lockedlocked$00.00+00.00%2024-01-26
lockedlocked$00.00+00.00%2024-01-24
Guggenheim
Bottom 13%
13
Strong BuyUpgrades$78.00+13.22%2024-01-22
Morgan Stanley
Top 7%
94
HoldMaintains$73.00+5.97%2023-11-21
Barclays
Top 16%
85
Strong BuyMaintains$77.00+11.77%2023-09-28

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Forecast return on equity

Is PNW forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
34.53%

Forecast return on assets

Is PNW forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

PNW revenue forecast

What is PNW's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$4.9B+3.72%
Avg 2 year Forecast
$5.1B+7.83%
Avg 3 year Forecast
$5.3B+13.56%
PNW's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PNW earnings growth forecast

How is PNW forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
3.71%
Industry
8.78%
Market
22.15%
PNW's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PNW's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PNW's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PNW revenue growth forecast

How is PNW forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
4.19%
Industry
3.52%
Market
10.84%
PNW's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PNW's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PNW vs Regulated Electric Utility Stocks

TickerPricePrice TargetUp/downsideConsensus
PNW$68.89$74.63+8.32%Buy
OGE$33.53$34.00+1.40%Buy
IDA$88.58$95.00+7.25%Hold
EVRG$49.99$53.50+7.02%Buy
POR$40.77$43.29+6.17%Buy

Pinnacle West Capital Stock Forecast FAQ

Is Pinnacle West Capital Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: PNW) stock is to Buy PNW stock.

Out of 8 analysts, 3 (37.5%) are recommending PNW as a Strong Buy, 0 (0%) are recommending PNW as a Buy, 5 (62.5%) are recommending PNW as a Hold, 0 (0%) are recommending PNW as a Sell, and 0 (0%) are recommending PNW as a Strong Sell.

If you're new to stock investing, here's how to buy Pinnacle West Capital stock.

What is PNW's revenue growth forecast for 2024-2026?

(NYSE: PNW) Pinnacle West Capital's forecast annual revenue growth rate of 4.19% is forecast to beat the US Utilities - Regulated Electric industry's average forecast revenue growth rate of 3.52%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.84%.

Pinnacle West Capital's revenue in 2024 is $4,695,991,000.On average, 2 Wall Street analysts forecast PNW's revenue for 2024 to be $552,465,799,070, with the lowest PNW revenue forecast at $536,615,231,951, and the highest PNW revenue forecast at $568,316,479,617. On average, 2 Wall Street analysts forecast PNW's revenue for 2025 to be $574,358,868,884, with the lowest PNW revenue forecast at $561,016,521,131, and the highest PNW revenue forecast at $587,701,216,637.

In 2026, PNW is forecast to generate $604,862,777,264 in revenue, with the lowest revenue forecast at $604,862,777,264 and the highest revenue forecast at $604,862,777,264.

What is PNW's forecast return on assets (ROA) for 2024-2027?

(NYSE: PNW) forecast ROA is N/A, which is lower than the forecast US Utilities - Regulated Electric industry average of N/A.

What is PNW's Price Target?

According to 8 Wall Street analysts that have issued a 1 year PNW price target, the average PNW price target is $74.63, with the highest PNW stock price forecast at $80.00 and the lowest PNW stock price forecast at $69.00.

On average, Wall Street analysts predict that Pinnacle West Capital's share price could reach $74.63 by Mar 4, 2025. The average Pinnacle West Capital stock price prediction forecasts a potential upside of 8.32% from the current PNW share price of $68.89.

What is PNW's forecast return on equity (ROE) for 2024-2027?

(NYSE: PNW) forecast ROE is N/A, which is considered weak.
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