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Pinnacle West Capital Corp has a consensus price target of $86.81 based on the ratings of 19 analysts. The high is $104 issued by Jefferies on January 28, 2025. The low is $67 issued by UBS on May 19, 2023. The 3 most-recent analyst ratings were released by Morgan Stanley, BMO Capital, and Wells Fargo on May 22, 2025, May 13, 2025, and May 2, 2025, respectively. With an average price target of $93.33 between Morgan Stanley, BMO Capital, and Wells Fargo, there's an implied 3.74% upside for Pinnacle West Capital Corp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/22/2025 | Buy Now | -3.3% | Morgan Stanley | David Arcaro68% | $88 → $87 | Maintains | Equal-Weight | Get Alert |
05/13/2025 | Buy Now | 5.59% | BMO Capital | Edward DeArias37% | → $95 | Initiates | → Market Perform | Get Alert |
05/02/2025 | Buy Now | 8.93% | Wells Fargo | Sarah Akers68% | $95 → $98 | Maintains | Equal-Weight | Get Alert |
04/01/2025 | Buy Now | 4.48% | Barclays | Nicholas Campanella62% | $87 → $94 | Maintains | Equal-Weight | Get Alert |
03/21/2025 | Buy Now | 10.04% | UBS | Daniel Ford69% | $96 → $99 | Maintains | Neutral | Get Alert |
03/20/2025 | Buy Now | -2.19% | Morgan Stanley | David Arcaro68% | $84 → $88 | Maintains | Equal-Weight | Get Alert |
02/26/2025 | Buy Now | 11.15% | Guggenheim | Shahriar Pourreza68% | $100 → $100 | Reiterates | Buy → Buy | Get Alert |
02/26/2025 | Buy Now | 5.59% | Wells Fargo | Sarah Akers68% | $92 → $95 | Maintains | Equal-Weight | Get Alert |
01/28/2025 | Buy Now | 15.59% | Jefferies | Julien Dumoulin-Smith67% | $106 → $104 | Maintains | Buy | Get Alert |
12/04/2024 | Buy Now | 5.59% | Citigroup | Ryan Levine66% | $85 → $95 | Maintains | Neutral | Get Alert |
12/04/2024 | Buy Now | 12.26% | Keybanc | Sophie Karp59% | $101 → $101 | Upgrade | Sector Weight → Overweight | Get Alert |
11/22/2024 | Buy Now | -9.97% | Morgan Stanley | David Arcaro68% | $82 → $81 | Maintains | Equal-Weight | Get Alert |
11/18/2024 | Buy Now | 1.14% | Barclays | Nicholas Campanella62% | $93 → $91 | Downgrade | Overweight → Equal-Weight | Get Alert |
11/07/2024 | Buy Now | 2.26% | Wells Fargo | Sarah Akers68% | $90 → $92 | Maintains | Equal-Weight | Get Alert |
10/16/2024 | Buy Now | 0.03% | Wells Fargo | Sarah Akers68% | $87 → $90 | Maintains | Equal-Weight | Get Alert |
09/25/2024 | Buy Now | -7.75% | Morgan Stanley | David Arcaro68% | $78 → $83 | Maintains | Equal-Weight | Get Alert |
09/19/2024 | Buy Now | 15.59% | Jefferies | Julien Dumoulin-Smith67% | → $104 | Initiates | → Buy | Get Alert |
08/23/2024 | Buy Now | -13.3% | Morgan Stanley | Stephen Byrd49% | $72 → $78 | Maintains | Equal-Weight | Get Alert |
08/02/2024 | Buy Now | -3.3% | Wells Fargo | Sarah Akers68% | $80 → $87 | Maintains | Equal-Weight | Get Alert |
07/02/2024 | Buy Now | -13.3% | Barclays | Nicholas Campanella62% | $81 → $78 | Maintains | Overweight | Get Alert |
06/24/2024 | Buy Now | -19.97% | Morgan Stanley | Stephen Byrd49% | $76 → $72 | Maintains | Equal-Weight | Get Alert |
06/06/2024 | Buy Now | -7.19% | Ladenburg Thalmann | Paul Fremont61% | → $83.5 | Upgrade | Neutral → Buy | Get Alert |
06/05/2024 | Buy Now | -11.08% | Wells Fargo | Sarah Akers68% | $77 → $80 | Maintains | Equal-Weight | Get Alert |
05/28/2024 | Buy Now | -15.53% | Morgan Stanley | Stephen Byrd49% | $70 → $76 | Maintains | Equal-Weight | Get Alert |
05/13/2024 | Buy Now | -9.97% | Barclays | Nicholas Campanella62% | $76 → $81 | Maintains | Overweight | Get Alert |
05/03/2024 | Buy Now | -14.42% | Wells Fargo | Sarah Akers68% | $74 → $77 | Maintains | Equal-Weight | Get Alert |
04/29/2024 | Buy Now | -13.3% | Citigroup | Ryan Levine66% | → $78 | Initiates | → Neutral | Get Alert |
04/15/2024 | Buy Now | -15.53% | Barclays | Nicholas Campanella62% | $75 → $76 | Maintains | Overweight | Get Alert |
03/21/2024 | Buy Now | -22.2% | Morgan Stanley | Stephen Byrd49% | $69 → $70 | Maintains | Equal-Weight | Get Alert |
03/18/2024 | Buy Now | -11.08% | B of A Securities | Julien Dumoulin-Smith67% | $71 → $80 | Upgrade | Neutral → Buy | Get Alert |
03/11/2024 | Buy Now | -21.08% | UBS | Daniel Ford69% | $68 → $71 | Upgrade | Sell → Neutral | Get Alert |
03/06/2024 | Buy Now | -16.64% | Mizuho | Anthony Crowdell62% | $77 → $75 | Reiterates | Buy → Buy | Get Alert |
03/06/2024 | Buy Now | -16.64% | Barclays | Nicholas Campanella62% | $79 → $75 | Maintains | Overweight | Get Alert |
03/04/2024 | Buy Now | -23.31% | Evercore ISI Group | Durgesh Chopra65% | $76 → $69 | Maintains | In-Line | Get Alert |
03/01/2024 | Buy Now | -11.08% | RBC Capital | Shelby Tucker67% | $83 → $80 | Maintains | Sector Perform | Get Alert |
02/14/2024 | Buy Now | -23.31% | Ladenburg Thalmann | Paul Fremont61% | → $69 | Initiates | → Neutral | Get Alert |
01/26/2024 | Buy Now | -17.75% | Wells Fargo | Sarah Akers68% | $78 → $74 | Maintains | Equal-Weight | Get Alert |
01/24/2024 | Buy Now | -14.42% | Mizuho | Anthony Crowdell62% | $79 → $77 | Maintains | Buy | Get Alert |
01/22/2024 | Buy Now | -13.3% | Guggenheim | Shahriar Pourreza68% | → $78 | Upgrade | Neutral → Buy | Get Alert |
11/21/2023 | Buy Now | -18.86% | Morgan Stanley | Stephen Byrd49% | $71 → $73 | Maintains | Equal-Weight | Get Alert |
10/25/2023 | Buy Now | -21.08% | Morgan Stanley | Stephen Byrd49% | $75 → $71 | Maintains | Equal-Weight | Get Alert |
10/05/2023 | Buy Now | — | Keybanc | Sophie Karp59% | — | Upgrade | Underweight → Sector Weight | Get Alert |
09/28/2023 | Buy Now | -14.42% | Barclays | Eric Beaumont69% | $81 → $77 | Maintains | Overweight | Get Alert |
09/21/2023 | Buy Now | -16.64% | Morgan Stanley | Stephen Byrd49% | $73 → $75 | Maintains | Equal-Weight | Get Alert |
09/15/2023 | Buy Now | -5.52% | Mizuho | Anthony Crowdell62% | → $85 | Reiterates | Buy → Buy | Get Alert |
08/23/2023 | Buy Now | -18.86% | Morgan Stanley | Stephen Byrd49% | $78 → $73 | Maintains | Equal-Weight | Get Alert |
08/23/2023 | Buy Now | -9.97% | Barclays | Eric Beaumont69% | → $81 | Initiates | → Overweight | Get Alert |
08/22/2023 | Buy Now | -5.52% | Mizuho | Anthony Crowdell62% | $78 → $85 | Upgrade | Neutral → Buy | Get Alert |
08/11/2023 | Buy Now | -13.3% | Evercore ISI Group | Durgesh Chopra65% | → $78 | Upgrade | Underperform → In-Line | Get Alert |
08/04/2023 | Buy Now | -2.19% | Wells Fargo | Sarah Akers68% | $89 → $88 | Maintains | Equal-Weight | Get Alert |
07/21/2023 | Buy Now | -13.3% | Morgan Stanley | Stephen Byrd49% | $73 → $78 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
07/19/2023 | Buy Now | -32.2% | Keybanc | Sophie Karp59% | $55 → $61 | Maintains | Underweight | Get Alert |
06/29/2023 | Buy Now | -13.3% | B of A Securities | Julien Dumoulin-Smith67% | $80 → $78 | Maintains | Neutral | Get Alert |
06/23/2023 | Buy Now | -18.86% | Morgan Stanley | Stephen Byrd49% | $76 → $73 | Maintains | Equal-Weight | Get Alert |
06/07/2023 | Buy Now | -11.08% | Mizuho | Anthony Crowdell62% | $74 → $80 | Maintains | Neutral | Get Alert |
05/26/2023 | Buy Now | -13.3% | B of A Securities | Julien Dumoulin-Smith67% | $76 → $78 | Upgrade | Underperform → Neutral | Get Alert |
05/22/2023 | Buy Now | -15.53% | Morgan Stanley | Stephen Byrd49% | $78 → $76 | Maintains | Equal-Weight | Get Alert |
05/19/2023 | Buy Now | -25.53% | UBS | Ross Fowler61% | $68 → $67 | Maintains | Sell | Get Alert |
05/11/2023 | Buy Now | -9.97% | Mizuho | Anthony Crowdell62% | $74 → $81 | Maintains | Neutral | Get Alert |
05/05/2023 | Buy Now | -5.52% | Wells Fargo | Sarah Akers68% | $80 → $85 | Maintains | Equal-Weight | Get Alert |
04/20/2023 | Buy Now | -13.3% | Morgan Stanley | Stephen Byrd49% | $71 → $78 | Maintains | Equal-Weight | Get Alert |
03/21/2023 | Buy Now | -21.08% | Morgan Stanley | Stephen Byrd49% | $76 → $71 | Maintains | Equal-Weight | Get Alert |
03/14/2023 | Buy Now | -11.08% | Credit Suisse | Nicholas Campanella62% | $77 → $80 | Upgrade | Neutral → Outperform | Get Alert |
03/02/2023 | Buy Now | -17.75% | Mizuho | Anthony Crowdell62% | $76 → $74 | Maintains | Neutral | Get Alert |
02/22/2023 | Buy Now | -15.53% | Morgan Stanley | Stephen Byrd49% | $79 → $76 | Maintains | Equal-Weight | Get Alert |
01/23/2023 | Buy Now | -12.19% | Morgan Stanley | Stephen Byrd49% | $75 → $79 | Maintains | Equal-Weight | Get Alert |
01/17/2023 | Buy Now | -38.87% | Keybanc | Sophie Karp59% | $56 → $55 | Maintains | Underweight | Get Alert |
01/09/2023 | Buy Now | -15.53% | Mizuho | Anthony Crowdell62% | $78 → $76 | Maintains | Neutral | Get Alert |
12/20/2022 | Buy Now | -13.3% | Mizuho | Anthony Crowdell62% | $77 → $78 | Maintains | Neutral | Get Alert |
12/15/2022 | Buy Now | -16.64% | Morgan Stanley | Stephen Byrd49% | $67 → $75 | Maintains | Equal-Weight | Get Alert |
11/21/2022 | Buy Now | -18.86% | Credit Suisse | Nicholas Campanella62% | $60 → $73 | Upgrade | Underperform → Neutral | Get Alert |
11/18/2022 | Buy Now | -22.2% | Guggenheim | Shahriar Pourreza68% | → $70 | Upgrade | Sell → Neutral | Get Alert |
11/17/2022 | Buy Now | — | Wolfe Research | Steve Fleishman51% | — | Upgrade | Underperform → Peer Perform | Get Alert |
11/11/2022 | Buy Now | -25.53% | Morgan Stanley | Stephen Byrd49% | $62 → $67 | Maintains | Equal-Weight | Get Alert |
11/04/2022 | Buy Now | -22.2% | Wells Fargo | Sarah Akers68% | $69 → $70 | Maintains | Equal-Weight | Get Alert |
11/04/2022 | Buy Now | -33.31% | Credit Suisse | Nicholas Campanella62% | $57 → $60 | Maintains | Underperform | Get Alert |
10/21/2022 | Buy Now | -31.09% | Morgan Stanley | Stephen Byrd49% | $76 → $62 | Maintains | Equal-Weight | Get Alert |
10/20/2022 | Buy Now | -37.76% | Keybanc | Sophie Karp59% | $62 → $56 | Maintains | Underweight | Get Alert |
10/19/2022 | Buy Now | -23.31% | Wells Fargo | Sarah Akers68% | $79 → $69 | Maintains | Equal-Weight | Get Alert |
09/22/2022 | Buy Now | -15.53% | Morgan Stanley | Stephen Byrd49% | $77 → $76 | Maintains | Equal-Weight | Get Alert |
08/23/2022 | Buy Now | -14.42% | Morgan Stanley | Stephen Byrd49% | $71 → $77 | Maintains | Equal-Weight | Get Alert |
08/09/2022 | Buy Now | -14.42% | Mizuho | Anthony Crowdell62% | $76 → $77 | Maintains | Neutral | Get Alert |
07/26/2022 | Buy Now | -21.08% | Morgan Stanley | Stephen Byrd49% | $70 → $71 | Maintains | Equal-Weight | Get Alert |
07/21/2022 | Buy Now | -22.2% | Morgan Stanley | Stephen Byrd49% | $65 → $70 | Maintains | Equal-Weight | Get Alert |
07/19/2022 | Buy Now | -31.09% | Keybanc | Sophie Karp59% | $64 → $62 | Maintains | Underweight | Get Alert |
07/18/2022 | Buy Now | -24.42% | Barclays | Eric Beaumont69% | $78 → $68 | Maintains | Underweight | Get Alert |
06/30/2022 | Buy Now | -25.53% | UBS | Ross Fowler61% | $74 → $67 | Maintains | Sell | Get Alert |
The latest price target for Pinnacle West Capital (NYSE:PNW) was reported by Morgan Stanley on May 22, 2025. The analyst firm set a price target for $87.00 expecting PNW to fall to within 12 months (a possible -3.30% downside). 21 analyst firms have reported ratings in the last year.
The latest analyst rating for Pinnacle West Capital (NYSE:PNW) was provided by Morgan Stanley, and Pinnacle West Capital maintained their equal-weight rating.
The last upgrade for Pinnacle West Capital Corp happened on December 4, 2024 when Keybanc raised their price target to $101. Keybanc previously had a sector weight for Pinnacle West Capital Corp.
The last downgrade for Pinnacle West Capital Corp happened on November 18, 2024 when Barclays changed their price target from $93 to $91 for Pinnacle West Capital Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pinnacle West Capital, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Pinnacle West Capital was filed on May 22, 2025 so you should expect the next rating to be made available sometime around May 22, 2026.
While ratings are subjective and will change, the latest Pinnacle West Capital (PNW) rating was a maintained with a price target of $88.00 to $87.00. The current price Pinnacle West Capital (PNW) is trading at is $89.97, which is out of the analyst’s predicted range.
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