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Pinnacle West Capital Analyst Ratings

PNWNYSE

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$88.91

1.091.24%

At close: Dec 17, 4:00 PM EST

$88.91

N/A

After Hours: 4:03 PM EST

Overview News Earnings Options Guidance Dividends

Analyst Ratings

Insider Trades Short Interest Stock Report

Consensus Rating¹

Buy

Highest Price Target¹

$104.00

Lowest Price Target¹

$67.00

Consensus Price Target¹

$88.69

Pinnacle West Capital Analyst Ratings and Price Targets | NYSE:PNW | Benzinga

Pinnacle West Capital Corp has a consensus price target of $88.69 based on the ratings of 22 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 UBS, Wells Fargo, and RBC Capital on December 17, 2025, October 28, 2025, and October 28, 2025, respectively. With an average price target of $95.33 between UBS, Wells Fargo, and RBC Capital, there's an implied 7.22% upside for Pinnacle West Capital Corp from these most-recent analyst ratings.

Analyst Trends and Forecast

Jul

Aug

Sep

Oct

Dec

Buy

Hold

Sell

Strong Sell

Analyst Rating and Forecast

2.1

Sell

Strong Buy

Buy

Hold

Sell

Strong Sell

Analyst Firms Making Recommendations¹

UBS

Wells Fargo

RBC Capital

Barclays

Argus Research

¹calculated from analyst ratings

Analyst Ratings for Pinnacle West Capital

					Get Alert
Dec 17, 2025	6.85%	Daniel FordUBS 70%	94 95	Previous Neutral Current Neutral	Get Alert
Dec 12, 2025	—	Sophie KarpKeybanc 61%	—	Previous Overweight Current Sector Weight	Get Alert
Oct 28, 2025	3.48%	Shahriar PourrezaWells Fargo 65%	92	Previous Initiates Current Equal-Weight	Get Alert
Oct 28, 2025	11.35%	Stephen D'AmbrisiRBC Capital 14%	99	Previous Current Sector Perform	Get Alert
Oct 15, 2025	9.1%	Sophie KarpKeybanc 61%	97 100	Previous Overweight Current Overweight	Get Alert
Oct 10, 2025	13.6%	Daniel FordUBS 70%	95 101	Previous Neutral Current Neutral	Get Alert
Oct 7, 2025	6.85%	Nicholas CampanellaBarclays 65%	93 95	Previous Equal-Weight Current Equal-Weight	Get Alert
Sep 30, 2025	6.85%	Marie FergusonArgus Research 40%	95 98	Previous Buy Current Buy	Get Alert
Sep 25, 2025	-2.15%	David ArcaroMorgan Stanley 68%	87 89	Previous Equal-Weight Current Equal-Weight	Get Alert
Sep 12, 2025	6.85%	Daniel FordUBS 70%	95 98	Previous Neutral Current Neutral	Get Alert
Sep 9, 2025	1.23%	Anthony CrowdellMizuho 64%	90 102	Previous Outperform Current Neutral	Get Alert
Aug 13, 2025	4.6%	Nicholas CampanellaBarclays 65%	93 94	Previous Equal-Weight Current Equal-Weight	Get Alert
Aug 7, 2025	10.22%	Edward DeAriasBMO Capital 67%	96 98	Previous Market Perform Current Market Perform	Get Alert
Jul 23, 2025	7.97%	Edward DeAriasBMO Capital 67%	95 96	Previous Market Perform Current Market Perform	Get Alert
Jul 16, 2025	12.47%	Jackson AderKeybanc 66%	100 101	Previous Overweight Current Overweight	Get Alert
Jul 11, 2025	10.22%	Daniel FordUBS 70%	96 98	Previous Neutral Current Neutral	Get Alert
May 22, 2025	-2.15%	David ArcaroMorgan Stanley 68%	87 88	Previous Equal-Weight Current Equal-Weight	Get Alert
May 13, 2025	6.85%	Edward DeAriasBMO Capital 67%	95	Previous Initiates Current Market Perform	Get Alert
May 2, 2025	10.22%	Sarah AkersWells Fargo 65%	95 98	Previous Equal-Weight Current Equal-Weight	Get Alert
Apr 1, 2025	5.72%	Nicholas CampanellaBarclays 65%	87 94	Previous Equal-Weight Current Equal-Weight	Get Alert
Mar 21, 2025	11.35%	Daniel FordUBS 70%	96 99	Previous Neutral Current Neutral	Get Alert
Mar 20, 2025	-1.02%	David ArcaroMorgan Stanley 68%	84 88	Previous Equal-Weight Current Equal-Weight	Get Alert
Feb 26, 2025	12.47%	Shahriar PourrezaGuggenheim 65%	100 100	Previous Buy Current Buy	Get Alert
Feb 26, 2025	6.85%	Sarah AkersWells Fargo 65%	92 95	Previous Equal-Weight Current Equal-Weight	Get Alert
Jan 28, 2025	16.97%	Julien Dumoulin-SmithJefferies 66%	104 106	Previous Buy Current Buy	Get Alert
Dec 4, 2024	6.85%	Ryan LevineCitigroup 70%	85 95	Previous Neutral Current Neutral	Get Alert
Dec 4, 2024	13.6%	Sophie KarpKeybanc 61%	101 101	Previous Sector Weight Current Overweight	Get Alert
Nov 22, 2024	-8.9%	David ArcaroMorgan Stanley 68%	81 82	Previous Equal-Weight Current Equal-Weight	Get Alert
Nov 18, 2024	2.35%	Nicholas CampanellaBarclays 65%	91 93	Previous Overweight Current Equal-Weight	Get Alert
Nov 7, 2024	3.48%	Sarah AkersWells Fargo 65%	90 92	Previous Equal-Weight Current Equal-Weight	Get Alert
Oct 16, 2024	1.23%	Sarah AkersWells Fargo 65%	87 90	Previous Equal-Weight Current Equal-Weight	Get Alert
Sep 25, 2024	-6.65%	David ArcaroMorgan Stanley 68%	78 83	Previous Equal-Weight Current Equal-Weight	Get Alert
Sep 19, 2024	16.97%	Julien Dumoulin-SmithJefferies 66%	104	Previous Initiates Current Buy	Get Alert
Aug 23, 2024	-12.27%	Stephen ByrdMorgan Stanley 59%	72 78	Previous Equal-Weight Current Equal-Weight	Get Alert
Aug 2, 2024	-2.15%	Sarah AkersWells Fargo 65%	80 87	Previous Equal-Weight Current Equal-Weight	Get Alert
Jul 2, 2024	-12.27%	Nicholas CampanellaBarclays 65%	78 81	Previous Overweight Current Overweight	Get Alert
Jun 24, 2024	-19.02%	Stephen ByrdMorgan Stanley 59%	72 76	Previous Equal-Weight Current Equal-Weight	Get Alert
Jun 6, 2024	-6.08%	Paul FremontLadenburg Thalmann 61%	83.5	Previous Neutral Current Buy	Get Alert
Jun 5, 2024	-10.02%	Sarah AkersWells Fargo 65%	77 80	Previous Equal-Weight Current Equal-Weight	Get Alert
May 28, 2024	-14.52%	Stephen ByrdMorgan Stanley 59%	70 76	Previous Equal-Weight Current Equal-Weight	Get Alert
May 13, 2024	-8.9%	Nicholas CampanellaBarclays 65%	76 81	Previous Overweight Current Overweight	Get Alert
May 3, 2024	-13.4%	Sarah AkersWells Fargo 65%	74 77	Previous Equal-Weight Current Equal-Weight	Get Alert
Apr 29, 2024	-12.27%	Ryan LevineCitigroup 70%	78	Previous Initiates Current Neutral	Get Alert
Apr 15, 2024	-14.52%	Nicholas CampanellaBarclays 65%	75 76	Previous Overweight Current Overweight	Get Alert
Mar 21, 2024	-21.27%	Stephen ByrdMorgan Stanley 59%	69 70	Previous Equal-Weight Current Equal-Weight	Get Alert
Mar 18, 2024	-10.02%	Julien Dumoulin-SmithB of A Securities 66%	71 80	Previous Neutral Current Buy	Get Alert
Mar 11, 2024	-20.14%	Daniel FordUBS 70%	68 71	Previous Sell Current Neutral	Get Alert
Mar 6, 2024	-15.65%	Anthony CrowdellMizuho 64%	75 77	Previous Buy Current Buy	Get Alert
Mar 6, 2024	-15.65%	Nicholas CampanellaBarclays 65%	75 79	Previous Overweight Current Overweight	Get Alert
Mar 4, 2024	-22.39%	Durgesh ChopraEvercore ISI Group 69%	69 76	Previous In-Line Current In-Line	Get Alert
Mar 1, 2024	-10.02%	Shelby TuckerRBC Capital 67%	80 83	Previous Sector Perform Current Sector Perform	Get Alert
Feb 14, 2024	-22.39%	Paul FremontLadenburg Thalmann 61%	69	Previous Initiates Current Neutral	Get Alert
Jan 26, 2024	-16.77%	Sarah AkersWells Fargo 65%	74 78	Previous Equal-Weight Current Equal-Weight	Get Alert
Jan 24, 2024	-13.4%	Anthony CrowdellMizuho 64%	77 79	Previous Buy Current Buy	Get Alert
Jan 22, 2024	-12.27%	Shahriar PourrezaGuggenheim 65%	78	Previous Neutral Current Buy	Get Alert
Nov 21, 2023	-17.89%	Stephen ByrdMorgan Stanley 59%	71 73	Previous Equal-Weight Current Equal-Weight	Get Alert
Oct 25, 2023	-20.14%	Stephen ByrdMorgan Stanley 59%	71 75	Previous Equal-Weight Current Equal-Weight	Get Alert
Oct 5, 2023	—	Sophie KarpKeybanc 61%	—	Previous Underweight Current Sector Weight	Get Alert
Sep 28, 2023	-13.4%	Eric BeaumontBarclays 70%	77 81	Previous Overweight Current Overweight	Get Alert
Sep 21, 2023	-15.65%	Stephen ByrdMorgan Stanley 59%	73 75	Previous Equal-Weight Current Equal-Weight	Get Alert
Sep 15, 2023	-4.4%	Anthony CrowdellMizuho 64%	85	Previous Buy Current Buy	Get Alert
Aug 23, 2023	-17.89%	Stephen ByrdMorgan Stanley 59%	73 78	Previous Equal-Weight Current Equal-Weight	Get Alert
Aug 23, 2023	-8.9%	Eric BeaumontBarclays 70%	81	Previous Initiates Current Overweight	Get Alert
Aug 22, 2023	-4.4%	Anthony CrowdellMizuho 64%	78 85	Previous Neutral Current Buy	Get Alert
Aug 11, 2023	-12.27%	Durgesh ChopraEvercore ISI Group 69%	78	Previous Underperform Current In-Line	Get Alert
Aug 4, 2023	-1.02%	Sarah AkersWells Fargo 65%	88 89	Previous Equal-Weight Current Equal-Weight	Get Alert
Jul 21, 2023	-12.27%	Stephen ByrdMorgan Stanley 59%	73 78	Previous Equal-Weight Current Equal-Weight	Get Alert
Jul 19, 2023	-31.39%	Sophie KarpKeybanc 61%	55 61	Previous Underweight Current Underweight	Get Alert
Jun 29, 2023	-12.27%	Julien Dumoulin-SmithB of A Securities 66%	78 80	Previous Neutral Current Neutral	Get Alert
Jun 23, 2023	-17.89%	Stephen ByrdMorgan Stanley 59%	73 76	Previous Equal-Weight Current Equal-Weight	Get Alert
Jun 7, 2023	-10.02%	Anthony CrowdellMizuho 64%	74 80	Previous Neutral Current Neutral	Get Alert
May 26, 2023	-12.27%	Julien Dumoulin-SmithB of A Securities 66%	76 78	Previous Underperform Current Neutral	Get Alert
May 22, 2023	-14.52%	Stephen ByrdMorgan Stanley 59%	76 78	Previous Equal-Weight Current Equal-Weight	Get Alert
May 19, 2023	-24.64%	Ross FowlerUBS 66%	67 68	Previous Sell Current Sell	Get Alert
May 11, 2023	-8.9%	Anthony CrowdellMizuho 64%	74 81	Previous Neutral Current Neutral	Get Alert
May 5, 2023	-4.4%	Sarah AkersWells Fargo 65%	80 85	Previous Current Equal-Weight	Get Alert
Apr 20, 2023	-12.27%	Stephen ByrdMorgan Stanley 59%	71 78	Previous Current Equal-Weight	Get Alert
Mar 21, 2023	-20.14%	Stephen ByrdMorgan Stanley 59%	71 76	Previous Current Equal-Weight	Get Alert
Mar 14, 2023	-10.02%	Nicholas CampanellaCredit Suisse 65%	77 80	Previous Neutral Current Outperform	Get Alert
Mar 2, 2023	-16.77%	Anthony CrowdellMizuho 64%	74 76	Previous Current Neutral	Get Alert
Feb 22, 2023	-14.52%	Stephen ByrdMorgan Stanley 59%	76 79	Previous Current Equal-Weight	Get Alert
Jan 23, 2023	-11.15%	Stephen ByrdMorgan Stanley 59%	75 79	Previous Current Equal-Weight	Get Alert
Jan 17, 2023	-38.14%	Sophie KarpKeybanc 61%	55 56	Previous Current Underweight	Get Alert
Jan 9, 2023	-14.52%	Anthony CrowdellMizuho 64%	76 78	Previous Neutral Current Neutral	Get Alert
Dec 20, 2022	-12.27%	Anthony CrowdellMizuho 64%	77 78	Previous Current Neutral	Get Alert

FAQ

What is the target price for Pinnacle West Capital (PNW) stock?

The latest price target for Pinnacle West Capital (NYSE:PNW) was reported by UBS on December 17, 2025. The analyst firm set a price target for $95.00 expecting PNW to rise to within 12 months (a possible 6.85% upside). 25 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Pinnacle West Capital (PNW)?

The latest analyst rating for Pinnacle West Capital (NYSE:PNW) was provided by UBS, and Pinnacle West Capital maintained their neutral rating.

When was the last upgrade for Pinnacle West Capital (PNW)?

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.

When was the last downgrade for Pinnacle West Capital (PNW)?

The last downgrade for Pinnacle West Capital Corp happened on December 12, 2025 when Keybanc changed their price target from N/A to N/A for Pinnacle West Capital Corp.

When is the next analyst rating going to be posted or updated for Pinnacle West Capital (PNW)?

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 December 17, 2025 so you should expect the next rating to be made available sometime around December 17, 2026.

Is the Analyst Rating Pinnacle West Capital (PNW) correct?

While ratings are subjective and will change, the latest Pinnacle West Capital (PNW) rating was a maintained with a price target of $94.00 to $95.00. The current price Pinnacle West Capital (PNW) is trading at is $88.91, which is out of the analyst’s predicted range.

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