Can Economic Growth Boost PNW Stock's Long-Term Earnings Prospects?
Pinnacle West Capital's industrial demand growth, 4.5 GW of committed high-load customers and $7.95B investment plan support long-term earnings prospects.
PNW - Pinnacle West Capital Corporation
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$107.75
DETAILS
HIGH:
$129.00
LOW:
$97.00
MEDIAN:
$106.00
CONSENSUS:
$107.75
UPSIDE:
1.59%
Stock News
California Public Employees Retirement System Reduces Stake in Pinnacle West Capital Corporation $PNW
California Public Employees Retirement System lowered its position in Pinnacle West Capital Corporation (NYSE: PNW) by 13.2% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 275,327 shares of the utilities provider's stock after selling 41,749 shares during the period. California Public
EXC or PNW: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Utility - Electric Power sector might want to consider either Exelon (EXC) or Pinnacle West (PNW). But which of these two stocks presents investors with the better value opportunity right now?
Pinnacle West: Priced For The Rate Case To Go Right
Pinnacle West Capital Corporation is up ~23% YTD, outperforming the S&P 500, but trades above consensus price targets at around $108. The utility's near-term upside hinges on a pivotal Arizona rate case; 2027 EPS recovery depends on achieving a higher allowed ROE. Dividend growth has stalled, with a sub-3.5% yield and a high payout ratio. Faster growth requires earnings recovery post-rate case.
US power companies scramble to secure equipment as surging data center demand strains supplies
Skyrocketing demand from artificial intelligence data centers is exacerbating shortages of critical grid equipment like transformers across the U.S., driving up costs, stretching out wait times and spurring utilities and developers to lock in orders far in advance.
Pinnacle West Sets Date for 2026 Second-Quarter Financial Results, Webcast/Conference Call
Pinnacle West Capital Corp. (NYSE: PNW) announced today that it plans to release its 2026 second-quarter financial results before U.S. financial markets open o
Pinnacle West Sets Date for 2026 Second-Quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2026 second-quarter financial results before U.S. financial markets open on Tuesday, Aug. 4, 2026.
Will PNW's Capital Investment Plan Fuel Long-Term Earnings Growth?
Pinnacle West's $7.95B 2026-2028 capital plan supports grid reliability, rising power demand, rate base expansion and its 5-7% long-term EPS growth target.
From Legacy to Future: APS Plans to Convert Cholla Power Plant to Natural Gas
PHOENIX--(BUSINESS WIRE)--Arizona Public Service (APS) announced today it plans to convert two units at its Cholla Power Plant in Joseph City, Navajo County, Arizona to natural gas. The repurposed resource, with operations beginning in 2029, will help meet the state's growing energy demand while maintaining reliable, affordable electric service for customers.Originally commissioned in 1962, the Cholla Power Plant played a vital role in powering Arizona for decades, providing a critical power sup.
ENGIY or PNW: Which Is the Better Value Stock Right Now?
Investors with an interest in Utility - Electric Power stocks have likely encountered both ENGIE - Sponsored ADR (ENGIY) and Pinnacle West (PNW). But which of these two companies is the best option for those looking for undervalued stocks?
Pinnacle West Declares Quarterly Dividend
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital declared a quarterly dividend payable on Sept. 1, 2026, to shareholders of record at the close of business on Aug. 3, 2026.
ENGIY or PNW: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of ENGIE - Sponsored ADR (ENGIY) and Pinnacle West (PNW). But which of these two stocks is more attractive to value investors?
Expion360 to Showcase as Title Sponsor at Overland Expo PNW 2026 in Redmond, Oregon June 26-28
Company to Showcase Exciting Lineup of Rigs from Customers and Brand Ambassadors, Including a Forest River Palomino Pause Travel Trailer REDMOND, Ore., June 11, 2026 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360”), an industry leader in lithium-ion battery power storage solutions, today announced its participation as a Title Sponsor at Overland Expo PNW 2026 taking place June 26-28, 2026, at the Deschutes County Expo Center in Redmond, Oregon.
Pinnacle West (PNW) Down 2.5% Since Last Earnings Report: Can It Rebound?
Pinnacle West (PNW) reported earnings 30 days ago. What's next for the stock?
ENGIY vs. PNW: Which Stock Is the Better Value Option?
Investors interested in Utility - Electric Power stocks are likely familiar with ENGIE - Sponsored ADR (ENGIY) and Pinnacle West (PNW). But which of these two companies is the best option for those looking for undervalued stocks?
FE vs. PNW: Which Utility Stock Is a Better Investment Pick in 2026?
FirstEnergy's earnings outlook, ROE and $36B capex plan give it an edge in a utility head-to-head for 2026.
After Next Era's Dominion Purchase, Are These High-Yield Dividend Utilities Next?
NextEra Energy's (NYSE: NEE | NEE Price Prediction) agreement to acquire Dominion Energy (NYSE: D) in a roughly $67 billion all-stock deal has investors hunting for the next big utility consolidation targets.
Pinnacle West: An AI Load Growth Beneficiary, But Fairly Priced (Rating Upgrade)
Pinnacle West (PNW) is upgraded from sell to hold as shares approach fair value after a strong technical breakout and solid Q1 results. PNW delivered Q1 GAAP EPS of $0.27 and revenue of $1.15B, beating expectations, with robust 9.4% retail sales growth driven by 14.6% C&I demand. Management reaffirmed FY 2026 EPS guidance of $4.55–$4.75 and targets 5–7% long-term EPS growth, supported by $10.4B capex through 2028.
Pinnacle West Capital Corporation (PNW) Q1 2026 Earnings Call Transcript
Pinnacle West Capital Corporation (PNW) Q1 2026 Earnings Call Transcript
Pinnacle West Q1 Earnings Beat Estimates, Revenues Increase Y/Y
PNW beats Q1 earnings estimates as revenues rise 11% year over year and the company reaffirms its 2026 earnings outlook.
Price Targets
Pinnacle West price target raised to $97 from $95 at Morgan Stanley
$97.00
(was $106.12)
Morgan Stanley
Pinnacle West price target lowered to $104 from $106 at BMO Capital
$104.00
(was $105.29)
BMO Capital
Pinnacle West Capital (PNW) PT Raised to $129 at Jefferies
$129.00
(was $108.61)
Julien Dumoulin-Smith
·
Jefferies
Pinnacle West price target raised to $108 from $102 at Barclays
$108.00
(was $107.01)
Nicholas Campanella
·
Barclays
Pinnacle West price target raised to $95 from $92 at Morgan Stanley
$95.00
(was $104.70)
Morgan Stanley
Pinnacle West price target lowered to $105 from $108 at Truist
$105.00
(was $100.37)
Richard Sunderland
·
Truist Financial
Pinnacle West price target lowered to $92 from $98 at Morgan Stanley
$92.00
(was $101.80)
Morgan Stanley
Pinnacle West price target raised to $102 from $101 at Barclays
$102.00
(was $101.83)
Nicholas Campanella
·
Barclays
Pinnacle West price target lowered to $98 from $99 at Morgan Stanley
$98.00
(was $102.26)
David Arcaro
·
Morgan Stanley
Pinnacle West price target raised to $106 from $97 at Wells Fargo
$106.00
(was $102.95)
Wells Fargo
Pinnacle West initiated with a Hold at Truist
$108.00
(was $102.95)
Richard Sunderland
·
Truist Financial
Pinnacle West price target raised to $106 from $95 at Argus
$106.00
(was $102.30)
Argus Research
Pinnacle West Capital (PNW) PT Raised to $107 at BMO Capital
$107.00
(was $99.70)
Stifel Nicolaus
Pinnacle West price target raised to $96 from $89 at Morgan Stanley
$96.00
(was $97.84)
Morgan Stanley
Pinnacle West price target raised to $103 from $99 at RBC Capital
$103.00
(was $91.65)
Stephen D'Ambrisi
·
RBC Capital
Pinnacle West price target lowered to $91 from $92 at Wells Fargo
$91.00
(was $93.71)
Wells Fargo
Pinnacle West price target lowered to $90 from $95 at Barclays
$90.00
(was $92.30)
Barclays
Pinnacle West price target raised to $95 from $94 at UBS
$95.00
(was $87.82)
UBS
Pinnacle West price target lowered to $85 from $91 at Morgan Stanley
$85.00
(was $87.75)
Morgan Stanley
Pinnacle West price target lowered to $91 from $93 at Morgan Stanley
$91.00
(was $89.44)
Morgan Stanley