NYSE:PNW

Pinnacle West Capital (PNW) Price Target & Analyst Ratings

$74.84

-2.57 (-3.32%)

(As of 09/26/2023 ET)

Compare

Today's Range: $74.69
▼
$77.19
50-Day Range: $74.09
▼
$85.41
52-Week Range: $59.03
▼
$86.03

Volume: 597,354 shs
Average Volume: 832,705 shs
Market Capitalization: $8.48 billion

P/E Ratio: 20.91
Dividend Yield: 4.62%
Price Target: $78.10

Pinnacle West Capital Consensus Rating and Price Target (2023)

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 Analyst Rating

Hold
Based on 9 Analyst Ratings

Consensus Analyst Price Target

$78.10
4.36% Upside

High Prediction	$91.00
Average Prediction	$78.10
Low Prediction	$61.00

Type	Current 9/27/22 to 9/27/23	1 Month Ago 8/28/22 to 8/28/23	3 Months Ago 6/29/22 to 6/29/23	1 Year Ago 9/27/21 to 9/27/22
Consensus Rating	Hold	Hold	Reduce	Reduce
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	6 Hold rating(s)	4 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	3 Sell rating(s)	6 Sell rating(s)
Consensus Price Target	$78.10	$77.90	$75.73	$71.83
Predicted Upside	4.36% Upside	1.65% Upside	1.81% Upside	-2.16% Downside

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PNW Analyst Ratings 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.

PNW 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 West Capital Stock vs. The Competition

Type	Pinnacle West Capital	Utilities Companies	S&P 500
Consensus Rating Score	2.22	2.42	2.49
Consensus Rating	Hold	Hold	Hold
Predicted Upside	4.36% Upside	66.48% Upside	697.64% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
9/21/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$73.00 ➝ $75.00	-5.66%
9/15/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$85.00	+7.90%
8/23/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$81.00	+2.92%
8/4/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$89.00 ➝ $88.00	+11.27%
7/19/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$55.00 ➝ $61.00	-26.09%
6/29/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$80.00 ➝ $78.00	-3.15%
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3/14/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform	$77.00 ➝ $80.00	+6.03%
11/28/2022	Siebert Williams Shank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$91.00	+18.81%
11/24/2022	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$72.00	-5.75%
11/18/2022	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$54.00 ➝ $70.00	-3.19%
11/17/2022	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Peer Perform

(Data available from 9/27/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

PNW Price Target - Frequently Asked Questions

What is Pinnacle West Capital's consensus rating and price target?: According to the issued ratings of 9 analysts in the last year, the consensus rating for Pinnacle West Capital stock is Hold based on the current 1 sell rating, 5 hold ratings and 3 buy ratings for PNW. The average twelve-month price prediction for Pinnacle West Capital is $78.10 with a high price target of $91.00 and a low price target of $61.00. Learn more on PNW's analyst rating history.
Do Wall Street analysts like Pinnacle West Capital more than its competitors?: Analysts like Pinnacle West Capital less than other Utilities companies. The consensus rating score for Pinnacle West Capital is 2.22 while the average consensus rating score for utilities companies is 2.42. Learn more on how PNW compares to other companies.
Is Pinnacle West Capital being upgraded by Wall Street analysts?: Over the previous 90 days, Pinnacle West Capital's stock had 1 upgrade by analysts.

Does Pinnacle West Capital's stock price have much upside?: According to analysts, Pinnacle West Capital's stock has a predicted upside of 1.56% based on their 12-month price targets.
What analysts cover Pinnacle West Capital?: Pinnacle West Capital has been rated by Bank of America, Barclays, KeyCorp, Mizuho, Morgan Stanley, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:PNW) was last updated on 9/27/2023 by MarketBeat.com Staff

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