Pinnacle Financial Partners (PNFP) Stock Forecast & Price Target

$97.83

+0.86 (+0.89%)

(As of 07/26/2024 ET)

Pinnacle Financial Partners - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 10 Analyst Ratings

Based on 10 Wall Street analysts who have issued ratings for Pinnacle Financial Partners in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 4 have given a hold rating, and 6 have given a buy rating for PNFP.

Consensus Price Target

$99.00
1.20% Upside

High Forecast	$113.00
Average Forecast	$99.00
Low Forecast	$85.00

According to the 10 analysts' twelve-month price targets for Pinnacle Financial Partners, the average price target is $99.00. The highest price target for PNFP is $113.00, while the lowest price target for PNFP is $85.00. The average price target represents a forecasted upside of 1.20% from the current price of $97.83.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$99.00	$94.25	$95.50	$77.25
Forecasted Upside	1.20% Upside	16.81% Upside	17.38% Upside	33.47% Upside

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PNFP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PNFP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Pinnacle Financial Partners Stock vs. The Competition

Type	Pinnacle Financial Partners	Finance Companies	S&P 500
Consensus Rating Score	2.60	2.45	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	1.20% Upside	35.62% Upside	9.09% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/18/2024	Citigroup 3 of 5 stars		Boost Target	Buy ➝ Buy	$93.00 ➝ $113.00	+21.65%
7/18/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$90.00 ➝ $100.00	+5.49%
7/18/2024	Barclays 2 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$93.00 ➝ $97.00	+0.61%
7/18/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$87.00 ➝ $101.00	+6.53%
7/18/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$95.00 ➝ $98.00	+4.29%
6/27/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$108.00 ➝ $105.00	+36.38%
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5/23/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Gunther Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$109.00 ➝ $102.00	+26.14%
4/23/2024	Hovde Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$104.00 ➝ $99.00	+22.07%
4/8/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$88.00 ➝ $85.00	+1.50%
1/18/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$91.00 ➝ $90.00	+6.38%
4/6/2023	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$90.00 ➝ $80.00	+50.26%
10/6/2022	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:14 AM ET.

PNFP Forecast - Frequently Asked Questions

What is Pinnacle Financial Partners' forecast for 2024?: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Pinnacle Financial Partners is $99.00, with a high forecast of $113.00 and a low forecast of $85.00.
Should I buy or sell Pinnacle Financial Partners stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle Financial Partners in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PNFP shares.
Does Pinnacle Financial Partners's stock price have much upside?: According to analysts, Pinnacle Financial Partners's stock has a predicted upside of 12.48% based on their 12-month stock forecasts.
Has Pinnacle Financial Partners been downgraded by Wall Street analysts recently?: Over the previous 90 days, Pinnacle Financial Partners's stock had 1 downgrade by analysts.
What analysts cover Pinnacle Financial Partners?: Pinnacle Financial Partners has been rated by research analysts at Barclays, Citigroup, JPMorgan Chase & Co., Piper Sandler, Stephens, Truist Financial, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Pinnacle Financial Partners more than its competitors?: Analysts like Pinnacle Financial Partners more than other "finance" companies. The consensus rating for Pinnacle Financial Partners is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how PNFP compares to other companies.