The latest price target for Pinnacle West Capital (NYSE:PNW) was reported by TD Cowen on May 15, 2026. The analyst firm set a price target for $101.00 expecting PNW to rise to within 12 months (a possible 1.24% upside). 29 analyst firms have reported ratings in the last year.

The latest analyst rating for Pinnacle West Capital (NYSE:PNW) was provided by TD Cowen, and Pinnacle West Capital maintained their hold 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 December 12, 2025 when Keybanc changed their price target from N/A to N/A 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 15, 2026 so you should expect the next rating to be made available sometime around May 15, 2027.

While ratings are subjective and will change, the latest Pinnacle West Capital (PNW) rating was a maintained with a price target of $100.00 to $101.00. The current price Pinnacle West Capital (PNW) is trading at is $99.76, which is out of the analyst’s predicted range.