Pinnacle West Capital Analyst Price Targets

Wall Street analyst price targets and consensus rating for Pinnacle West Capital (PNW).

Price Target Range — 13 Quarters

Analyst Consensus — 14 Analysts

6Buy

8Hold

Consensus RatingBuy# Analysts14Avg. Consensus PT$96Upside to Avg. PT-11.2%

Rating Trend — Last 9 Months

Recent Analyst Actions

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Oct 22, 2026	HSBC	Meike Becker	Initiate	Buy	$120
Oct 21, 2026	Morgan Stanley	David Arcaro	PT Raise	Equal-Weight	$89→$91
Oct 5, 2026	Jefferies	Julien Dumoulin-Smith	PT Cut	Buy	$129→$109
Oct 5, 2026	Truist Securities	Richard Sunderland	PT Cut	Hold	$101→$99
Oct 1, 2026	Barclays	Nicholas Campanella	PT Cut	Equal-Weight	$108→$94
Sep 29, 2026	Scotiabank	Ian Rapp	Initiate	Sector Outperform	$104
Sep 18, 2026	Morgan Stanley	David Arcaro	PT Cut	Equal-Weight	$94→$89
Aug 21, 2026	Morgan Stanley	David Arcaro	PT Cut	Equal-Weight	$97→$94
Aug 17, 2026	Truist Securities	Richard Sunderland	PT Cut	Hold	$107→$101
Jul 22, 2026	BMO Capital	Edward DeArias	PT Cut	Market Perform	$106→$104
Jul 1, 2026	Barclays	Nicholas Campanella	PT Raise	Equal-Weight	$102→$108
May 29, 2026	Truist Securities	Richard Sunderland	PT Cut	Hold	$108→$105
May 15, 2026	TD Cowen	Shelby Tucker	PT Raise	Hold	$100→$101
May 5, 2026	Barclays	Nicholas Campanella	PT Raise	Equal-Weight	$101→$102
Apr 21, 2026	Morgan Stanley	David Arcaro	PT Cut	Equal-Weight	$99→$98
Apr 21, 2026	Truist Securities	Richard Sunderland	Initiate	Hold	$108
Apr 14, 2026	Argus Research	David Coleman	PT Raise	Buy	$95→$106
Mar 31, 2026	Barclays	Nicholas Campanella	PT Raise	Equal-Weight	$97→$101
Feb 26, 2026	Citigroup	Ryan Levine	PT Raise	Neutral	$100→$109
Feb 26, 2026	TD Cowen	Shelby Tucker	PT Raise	Hold	$97→$100

Analyst Ratings News

PRO
HSBC Initiates Coverage On Pinnacle West Capital with Buy Rating, Announces Price Target of $119.5

HSBC analyst Meike Becker initiates coverage on Pinnacle West Capital (NYSE:PNW) with a Buy rating and announces Price Target of $119.5.

Benzinga Newsdesk

PRO
Morgan Stanley Maintains Equal-Weight on Pinnacle West Capital, Raises Price Target to $91

Morgan Stanley analyst David Arcaro maintains Pinnacle West Capital (NYSE:PNW) with a Equal-Weight and raises the price target from $89 to $91.

Benzinga Newsdesk

PRO
Jefferies Maintains Buy on Pinnacle West Capital, Lowers Price Target to $109

Jefferies analyst Julien Dumoulin-Smith maintains Pinnacle West Capital (NYSE:PNW) with a Buy and lowers the price target from $129 to $109.

Benzinga Newsdesk

PRO
Truist Securities Maintains Hold on Pinnacle West Capital, Lowers Price Target to $99

Truist Securities analyst Richard Sunderland maintains Pinnacle West Capital (NYSE:PNW) with a Hold and lowers the price target from $101 to $99.

Benzinga Newsdesk

PRO
Barclays Maintains Equal-Weight on Pinnacle West Capital, Lowers Price Target to $94

Barclays analyst Nicholas Campanella maintains Pinnacle West Capital (NYSE:PNW) with a Equal-Weight and lowers the price target from $108 to $94.

Benzinga Newsdesk

PRO
Scotiabank Initiates Coverage On Pinnacle West Capital with Sector Outperform Rating, Announces Price Target of $104

Scotiabank analyst Ian Rapp initiates coverage on Pinnacle West Capital (NYSE:PNW) with a Sector Outperform rating and announces Price Target of $104.

Benzinga Newsdesk

Pinnacle West Capital Corp

Pinnacle West Capital Analyst Price Targets

Recent Analyst Actions

Analyst Ratings News

PRO
HSBC Initiates Coverage On Pinnacle West Capital with Buy Rating, Announces Price Target of $119.5

PRO
Morgan Stanley Maintains Equal-Weight on Pinnacle West Capital, Raises Price Target to $91

PRO
Jefferies Maintains Buy on Pinnacle West Capital, Lowers Price Target to $109

PRO
Truist Securities Maintains Hold on Pinnacle West Capital, Lowers Price Target to $99

PRO
Barclays Maintains Equal-Weight on Pinnacle West Capital, Lowers Price Target to $94

PRO
Scotiabank Initiates Coverage On Pinnacle West Capital with Sector Outperform Rating, Announces Price Target of $104

People Also Watch

People Also Watch

Pinnacle West Capital Corp

Pinnacle West Capital Analyst Price Targets

Recent Analyst Actions

Analyst Ratings News

PROHSBC Initiates Coverage On Pinnacle West Capital with Buy Rating, Announces Price Target of $119.5

PROMorgan Stanley Maintains Equal-Weight on Pinnacle West Capital, Raises Price Target to $91

PROJefferies Maintains Buy on Pinnacle West Capital, Lowers Price Target to $109

PROTruist Securities Maintains Hold on Pinnacle West Capital, Lowers Price Target to $99

PROBarclays Maintains Equal-Weight on Pinnacle West Capital, Lowers Price Target to $94

PROScotiabank Initiates Coverage On Pinnacle West Capital with Sector Outperform Rating, Announces Price Target of $104

People Also Watch

People Also Watch

PRO
HSBC Initiates Coverage On Pinnacle West Capital with Buy Rating, Announces Price Target of $119.5

PRO
Morgan Stanley Maintains Equal-Weight on Pinnacle West Capital, Raises Price Target to $91

PRO
Jefferies Maintains Buy on Pinnacle West Capital, Lowers Price Target to $109

PRO
Truist Securities Maintains Hold on Pinnacle West Capital, Lowers Price Target to $99

PRO
Barclays Maintains Equal-Weight on Pinnacle West Capital, Lowers Price Target to $94

PRO
Scotiabank Initiates Coverage On Pinnacle West Capital with Sector Outperform Rating, Announces Price Target of $104