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Pinnacle West Capital (PNW) stock: analyst price target and their real reliability

Live quote · data updated Aug 28, 2026
Pinnacle West Capital · Utilities · ref. ETF XLU · 52 calls · price $97.89
🏆JPI 2026 portfoliosSee tracking →
What the company does: Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services in the state of Arizona.

📈 Pinnacle West Capital (PNW) stock price

$97.89+9.6% over range
Aug 28, 25low $85.87 · high $109.37Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Hold
17% recommend buying · 6 analysts
📊 JPI status : Pinnacle West Capital has never appeared in a JPI ranking (Fair or Risk +) — our methods haven't picked it to date. See the selected stocks →

🎯 PNW price target & analyst consensusprice $97.89

The price target · all analysts combined (6 targets)
Highest target · 1 firm of 6$108+10.3%
Median target · of 6 targets$102.5+4.7%
Lowest target · 1 firm of 6$94-4.0%
Current price$97.89
Where these 6 targets sit · versus the current price · 1 target per firm, last 6 months
Above the price 583% $101 ↔ $108
Below 117% $94
⭐ What the most reliable analysts say · those who beat their sector, targets replayed on real prices

⭐ The most reliable of them, either direction: Barclays73% of its targets hit on this sector (313 calls tested). It aims for $108 (+10 %), call made on July 2, 2026, maturing on July 2, 2027 (57 d ago).

The 3 reliable analysts $104+6.2 %
The 3 other firms $101+3.2 %
How to read it: the 3 reliable firms are not filtered by optimism — 2 aim above the price, 1 below, hence their $104 median. “The 3 others” are the firms that don't pass our reliability filter on this sector.
The consensus · 6 ratings (last 6 months)
Strong Buy00%
Buy117%
Hold583%
Sell00%
Strong Sell00%
Go deeper on the analysts
All analysts (the consensus)  ·  vs  ·  the best (those who've been right)
💬 A question about Pinnacle West Capital? The JPI assistant answers using our backtest data.

💰 Pinnacle West Capital dividend: yield, history & growth › open the full page

3.41%annual yield
📈 Steady dividend11 yrs of consecutive dividend increases
That's ~$3.63 per share per year.

📈 Pinnacle West Capital fundamentals: valuation, margins & growth › open the full page

P/E 18.8Net margin 11.5 %Revenue growth +7.1 %Average P/E

Revenue, net income and margin per year

Revenue Net income · hover a bar for details
2022
marg. 11 %
2023
Rev +9%Profit +4%
2024
Rev +9%Profit +21%
2025
Rev +4%Profit +1%

🔎 Detailed analyses

✅ Historical analyst reliability on PNW

Hit rate measured on targets already matured (12 months), replayed against real prices. Click a header to sort.

Firm % right i Gain vs sector i Calls i
Mizuho  100% +23.9% 5
Citigroup  100% +15.6% 2
RBC Capital  100% +14.4% 2
Guggenheim  100% +14.3% 4
Wells Fargo  80% +9.9% 5
Goldman Sachs  75% +3.5% 4
Barclays  70% +9.9% 10
Morgan Stanley  70% +4.9% 10
Evercore ISI Group  50% +8.6% 2
UBS  50% +8.5% 8
See the other 4 firms
B of A Securities  43% -0.5% 7
Keybanc  50% -1.7% 10
Jefferies  50% +1.9% 2
Credit Suisse 50% +2.9% 12

📊 What $1,000 invested in Pinnacle West Capital would be worth › open the full page

In short — $1,000 invested in Pinnacle West Capital 10 years ago would be worth $1,614 today, i.e. +5%/yr on average. Best year: 2024 (+26%), worst: 2020 (-23%). Price performance, excluding dividends.

If I'd invested $1,000 in Pinnacle West Capital

InvestmentWorth todayGain
1 years ago$1,230+23%
3 years ago$1,435+44%
5 years ago$1,422+42%
→ See Pinnacle West Capital's full return history + gain calculator

Return by year (Pinnacle West Capital)

YearReturn$1,000 invested at year start
2026 (YTD)+14%$1,144 (+14%)
2025+8%$1,230 (+23%)
2024+26%$1,553 (+55%)
→ See Pinnacle West Capital's full return history + gain calculator
⚠️ Past performance, not predictive nor advice. Prices in $, excluding dividends. Yahoo Finance data.

📰 Recent news on Pinnacle West Capital

Loading news…

📋 All analyst calls on PNW

Morgan Stanley 
Aug 21, 26
■ Equal-Weight neutral · not a buy · 🎯$94
Price at call : $97.71 — gap to target -4%
Today : $97.89 — gap to target -4%
🎯 on PNW : no call matured yet · 📊 on Utilities : 58.6% · +6.8% (805 calls)
in progress (365j)
matures : Aug 21, 27
■ Hold neutral · not a buy · 🎯$101
Price at call : $100.15 — gap to target +1%
Today : $97.89 — gap to target +3%
🎯 on PNW : no call matured yet · 📊 overall : 47.3% · +2.6% (1597 calls)
in progress (365j)
matures : Aug 17, 27
BMO Capital 
Jul 22, 26
■ Market Perform neutral · not a buy · 🎯$104
Price at call : $105.43 — gap to target -1%
Today : $97.89 — gap to target +6%
🎯 on PNW : no call matured yet · 📊 on Utilities : 48.6% · +7.0% (208 calls)
in progress (365j)
matures : Jul 22, 27
Barclays 
Jul 1, 26
■ Equal-Weight neutral · not a buy · 🎯$108
Price at call : $106.3 — gap to target +2%
Today : $97.89 — gap to target +10%
🎯 on PNW : no call matured yet · 📊 on Utilities : 54.6% · +1.1% (313 calls)
in progress (365j)
matures : Jul 1, 27
■ Hold neutral · not a buy · 🎯$105
Price at call : $97.48 — gap to target +8%
Today : $97.89 — gap to target +7%
🎯 on PNW : no call matured yet · 📊 overall : 47.3% · +2.6% (1597 calls)
in progress (365j)
matures : May 29, 27
TD Cowen 
May 15, 26
■ Hold neutral · not a buy · 🎯$101
Price at call : $99.76 — gap to target +1%
Today : $97.89 — gap to target +3%
🎯 on PNW : no call matured yet · 📊 overall : 42.2% · -0.4% (782 calls)
in progress (365j)
matures : May 15, 27
Barclays 
May 5, 26
■ Equal-Weight neutral · not a buy · 🎯$102
Price at call : $100.17 — gap to target +2%
Today : $97.89 — gap to target +4%
🎯 on PNW : no call matured yet · 📊 on Utilities : 54.6% · +1.1% (313 calls)
in progress (365j)
matures : May 5, 27
Morgan Stanley 
Apr 21, 26
■ Equal-Weight neutral · not a buy · 🎯$98
Price at call : $100.8 — gap to target -3%
Today : $97.89 — gap to target +0%
🎯 on PNW : no call matured yet · 📊 on Utilities : 58.6% · +6.8% (805 calls)
in progress (365j)
matures : Apr 21, 27
See the other 44 calls, newest to oldest
■ Hold neutral · not a buy · 🎯$108
Price at call : $100.98 — gap to target +7%
Today : $97.89 — gap to target +10%
🎯 on PNW : no call matured yet · 📊 overall : 47.3% · +2.6% (1597 calls)
in progress (365j)
matures : Apr 21, 27
Argus Research 
Apr 14, 26
▲ Buy · 🎯$106
Price at call : $102.8 — upside +3%
Today : $97.89 — upside +8%
🎯 on PNW : no call matured yet · 📊 on Utilities : 41.8% · -5.9% (79 calls)
in progress (365j)
matures : Apr 14, 27
Barclays 
Mar 31, 26
■ Equal-Weight neutral · not a buy · 🎯$101
Price at call : $101.53 — gap to target -1%
Today : $97.89 — gap to target +3%
🎯 on PNW : no call matured yet · 📊 on Utilities : 54.6% · +1.1% (313 calls)
in progress (365j)
matures : Mar 31, 27
Citigroup 
Feb 26, 26
■ Neutral neutral · not a buy · 🎯$109
Price at call : $100.3 — gap to target +9%
Today : $97.89 — gap to target +11%
🎯 on PNW : no call matured yet · 📊 on Utilities : 54.3% · -0.4% (105 calls)
in progress (365j)
matures : Feb 26, 27
TD Cowen 
Feb 26, 26
■ Hold neutral · not a buy · 🎯$100
Price at call : $100.3 — gap to target -0%
Today : $97.89 — gap to target +2%
🎯 on PNW : no call matured yet · 📊 overall : 42.2% · -0.4% (782 calls)
in progress (365j)
matures : Feb 26, 27
BMO Capital 
Feb 26, 26
■ Market Perform neutral · not a buy · 🎯$107
Price at call : $100.3 — gap to target +7%
Today : $97.89 — gap to target +9%
🎯 on PNW : no call matured yet · 📊 on Utilities : 48.6% · +7.0% (208 calls)
in progress (365j)
matures : Feb 26, 27
Wells Fargo 
Feb 26, 26
■ Equal-Weight neutral · not a buy · 🎯$97
Price at call : $100.3 — gap to target -3%
Today : $97.89 — gap to target -1%
🎯 on PNW : no call matured yet · 📊 on Utilities : 56.4% · +3.2% (303 calls)
in progress (365j)
matures : Feb 26, 27
Wells Fargo 
Jan 20, 26
■ Equal-Weight neutral · not a buy · 🎯$91
Price at call : $93.45 — gap to target -3%
Today : $97.89 — gap to target -7%
🎯 on PNW : no call matured yet · 📊 on Utilities : 56.4% · +3.2% (303 calls)
in progress (365j)
matures : Jan 20, 27
Barclays 
Jan 15, 26
■ Equal-Weight neutral · not a buy · 🎯$90
Price at call : $93.71 — gap to target -4%
Today : $97.89 — gap to target -8%
🎯 on PNW : no call matured yet · 📊 on Utilities : 54.6% · +1.1% (313 calls)
in progress (365j)
matures : Jan 15, 27
UBS 
Dec 17, 25
■ Neutral neutral · not a buy · 🎯$95
Price at call : $88.55 — gap to target +7%
Today : $97.89 — gap to target -3%
🎯 on PNW : no call matured yet · 📊 on Utilities : 50.2% · +1.6% (223 calls)
in progress (365j)
matures : Dec 17, 26
Keybanc 
Dec 12, 25
■ Sector Weight neutral · not a buy
🎯 on PNW : 50% (2 calls matureds) · 📊 on Utilities : 51% · +1.3% (245 calls)
in progress (365j)
matures : Dec 12, 26
Wells Fargo 
Oct 28, 25
■ Equal-Weight neutral · not a buy · 🎯$92
Price at call : $89.12 — gap to target +3%
Today : $97.89 — gap to target -6%
🎯 on PNW : no call matured yet · 📊 on Utilities : 56.4% · +3.2% (303 calls)
in progress (365j)
matures : Oct 28, 26
RBC Capital 
Oct 28, 25
■ Sector Perform neutral · not a buy · 🎯$99
Price at call : $90.68 — gap to target +9%
Today : $97.89 — gap to target +1%
🎯 on PNW : no call matured yet · 📊 on Utilities : 47.4% · -1.1% (76 calls)
in progress (365j)
matures : Oct 28, 26
Keybanc 
Oct 15, 25
▲ Overweight · 🎯$97
Price at call : $93 — upside +4%
Today : $97.89 — upside -1%
🎯 on PNW : 50% (2 calls matureds) · 📊 on Utilities : 51% · +1.3% (245 calls)
in progress (365j)
matures : Oct 15, 26
UBS 
Oct 10, 25
■ Neutral neutral · not a buy · 🎯$101
Price at call : $92.13 — gap to target +10%
Today : $97.89 — gap to target +3%
🎯 on PNW : no call matured yet · 📊 on Utilities : 50.2% · +1.6% (223 calls)
in progress (365j)
matures : Oct 10, 26
Barclays 
Oct 7, 25
■ Equal-Weight neutral · not a buy · 🎯$95
Price at call : $91.95 — gap to target +3%
Today : $97.89 — gap to target -3%
🎯 on PNW : no call matured yet · 📊 on Utilities : 54.6% · +1.1% (313 calls)
in progress (365j)
matures : Oct 7, 26
Argus Research 
Sep 30, 25
▲ Buy · 🎯$95
Price at call : $88.18 — upside +8%
Today : $97.89 — upside -3%
🎯 on PNW : no call matured yet · 📊 on Utilities : 41.8% · -5.9% (79 calls)
in progress (365j)
matures : Sep 30, 26
Morgan Stanley 
Sep 25, 25
■ Equal-Weight neutral · not a buy · 🎯$87
Price at call : $86.76 — gap to target +0%
Today : $97.89 — gap to target -11%
🎯 on PNW : no call matured yet · 📊 on Utilities : 58.6% · +6.8% (805 calls)
in progress (365j)
matures : Sep 25, 26
UBS 
Sep 12, 25
■ Neutral neutral · not a buy · 🎯$95
Price at call : $88.19 — gap to target +8%
Today : $97.89 — gap to target -3%
🎯 on PNW : no call matured yet · 📊 on Utilities : 50.2% · +1.6% (223 calls)
in progress (365j)
matures : Sep 12, 26
Mizuho 
Sep 9, 25
■ Neutral neutral · not a buy · 🎯$90
Price at call : $87.38 — gap to target +3%
Today : $97.89 — gap to target -8%
🎯 on PNW : no call matured yet · 📊 on Utilities : 47.6% · -2.9% (191 calls)
in progress (365j)
matures : Sep 9, 26
Barclays 
Aug 14, 25
■ Equal-Weight neutral · not a buy · 🎯$93
Price at call : $91.91 — gap to target +1%
Today : $97.89 — gap to target -5%
🎯 on PNW : no call matured yet · 📊 on Utilities : 54.6% · +1.1% (313 calls)
in progress (365j)
matures : Aug 14, 26
BMO Capital 
Aug 7, 25
■ Market Perform neutral · not a buy · 🎯$98
Price at call : $93.78 — gap to target +4%
Today : $97.89 — gap to target +0%
🎯 on PNW : no call matured yet · 📊 on Utilities : 48.6% · +7.0% (208 calls)
in progress (365j)
matures : Aug 7, 26
BMO Capital 
Jul 23, 25
■ Market Perform neutral · not a buy · 🎯$96
Price at call : $93.1 — gap to target +3%
Today : $97.89 — gap to target -2%
🎯 on PNW : no call matured yet · 📊 on Utilities : 48.6% · +7.0% (208 calls)
in progress (365j)
matures : Jul 23, 26
Keybanc 
Jul 16, 25
▲ Overweight · 🎯$100
Price at call : $91.55 — upside +9%
Today : $97.89 — upside +2%
Expected +9% · Actual +18% · Reason (≥ +15%) : ✓ Yes
🎯 on PNW : 50% (2 calls matureds) · 📊 on Utilities : 51% · +1.3% (245 calls)
+17.7%
stock +18% · XLU +10%
matured Jul 16, 26
UBS 
Jul 11, 25
■ Neutral neutral · not a buy · 🎯$98
Price at call : $91.28 — gap to target +7%
Today : $97.89 — gap to target +0%
🎯 on PNW : no call matured yet · 📊 on Utilities : 50.2% · +1.6% (223 calls)
in progress (365j)
matures : Jul 11, 26
Morgan Stanley 
May 22, 25
■ Equal-Weight neutral · not a buy · 🎯$87
Price at call : $89.89 — gap to target -3%
Today : $97.89 — gap to target -11%
🎯 on PNW : no call matured yet · 📊 on Utilities : 58.6% · +6.8% (805 calls)
in progress (365j)
matures : May 22, 26
BMO Capital 
May 13, 25
■ Market Perform neutral · not a buy · 🎯$95
Price at call : $89.08 — gap to target +7%
Today : $97.89 — gap to target -3%
🎯 on PNW : no call matured yet · 📊 on Utilities : 48.6% · +7.0% (208 calls)
in progress (365j)
matures : May 13, 26
Wells Fargo 
May 2, 25
■ Equal-Weight neutral · not a buy · 🎯$98
Price at call : $93.91 — gap to target +4%
Today : $97.89 — gap to target +0%
🎯 on PNW : no call matured yet · 📊 on Utilities : 56.4% · +3.2% (303 calls)
in progress (365j)
matures : May 2, 26
Barclays 
Apr 1, 25
■ Equal-Weight neutral · not a buy · 🎯$94
Price at call : $95.43 — gap to target -1%
Today : $97.89 — gap to target -4%
🎯 on PNW : no call matured yet · 📊 on Utilities : 54.6% · +1.1% (313 calls)
in progress (365j)
matures : Apr 1, 26
UBS 
Mar 21, 25
■ Neutral neutral · not a buy · 🎯$99
Price at call : $93.09 — gap to target +6%
Today : $97.89 — gap to target +1%
🎯 on PNW : no call matured yet · 📊 on Utilities : 50.2% · +1.6% (223 calls)
in progress (365j)
matures : Mar 21, 26
Morgan Stanley 
Mar 20, 25
■ Equal-Weight neutral · not a buy · 🎯$88
Price at call : $93.76 — gap to target -6%
Today : $97.89 — gap to target -10%
🎯 on PNW : no call matured yet · 📊 on Utilities : 58.6% · +6.8% (805 calls)
in progress (365j)
matures : Mar 20, 26
Guggenheim 
Feb 26, 25
▲ Buy · 🎯$100
Price at call : $90.86 — upside +10%
Today : $97.89 — upside +2%
Expected +10% · Actual +10% · Reason (≥ +15%) : ✗ No
🎯 on PNW : 100% (1 call matured) · 📊 on Utilities : 41.5% · +2.0% (94 calls)
+10.4%
stock +10% · XLU +22%
matured Feb 26, 26
Wells Fargo 
Feb 26, 25
■ Equal-Weight neutral · not a buy · 🎯$95
Price at call : $91.64 — gap to target +4%
Today : $97.89 — gap to target -3%
🎯 on PNW : no call matured yet · 📊 on Utilities : 56.4% · +3.2% (303 calls)
in progress (365j)
matures : Feb 26, 26
Jefferies 
Jan 28, 25
▲ Buy · 🎯$104
Price at call : $85.9 — upside +21%
Today : $97.89 — upside +6%
Expected +21% · Actual +8% · Reason (≥ +15%) : ✗ No
🎯 on PNW : 50% (2 calls matureds) · 📊 on Utilities : 57.4% · +1.3% (155 calls)
+8.3%
stock +8% · XLU +13%
matured Jan 28, 26
Citigroup 
Dec 4, 24
■ Neutral neutral · not a buy · 🎯$95
Price at call : $92.45 — gap to target +3%
Today : $97.89 — gap to target -3%
🎯 on PNW : no call matured yet · 📊 on Utilities : 54.3% · -0.4% (105 calls)
in progress (365j)
matures : Dec 4, 25
Keybanc 
Dec 4, 24
▲ Overweight · 🎯$101
Price at call : $92.09 — upside +10%
Today : $97.89 — upside +3%
Expected +10% · Actual -4% · Reason (≥ +15%) : ✗ No
🎯 on PNW : 50% (2 calls matureds) · 📊 on Utilities : 51% · +1.3% (245 calls)
-4.3%
stock -4% · XLU +9%
matured Dec 4, 25
Morgan Stanley 
Nov 22, 24
■ Equal-Weight neutral · not a buy · 🎯$81
Price at call : $92.88 — gap to target -13%
Today : $97.89 — gap to target -17%
🎯 on PNW : no call matured yet · 📊 on Utilities : 58.6% · +6.8% (805 calls)
in progress (365j)
matures : Nov 22, 25
Barclays 
Nov 18, 24
■ Equal-Weight neutral · not a buy · 🎯$91
Price at call : $91.58 — gap to target -1%
Today : $97.89 — gap to target -7%
🎯 on PNW : no call matured yet · 📊 on Utilities : 54.6% · +1.1% (313 calls)
in progress (365j)
matures : Nov 18, 25
Wells Fargo 
Nov 7, 24
■ Equal-Weight neutral · not a buy · 🎯$92
Price at call : $91.81 — gap to target +0%
Today : $97.89 — gap to target -6%
🎯 on PNW : no call matured yet · 📊 on Utilities : 56.4% · +3.2% (303 calls)
in progress (365j)
matures : Nov 7, 25
Wells Fargo 
Oct 16, 24
■ Equal-Weight neutral · not a buy · 🎯$90
Price at call : $87.09 — gap to target +3%
Today : $97.89 — gap to target -8%
🎯 on PNW : no call matured yet · 📊 on Utilities : 56.4% · +3.2% (303 calls)
in progress (365j)
matures : Oct 16, 25
Morgan Stanley 
Sep 25, 24
■ Equal-Weight neutral · not a buy · 🎯$83
Price at call : $88.45 — gap to target -6%
Today : $97.89 — gap to target -15%
🎯 on PNW : no call matured yet · 📊 on Utilities : 58.6% · +6.8% (805 calls)
in progress (365j)
matures : Sep 25, 25
Jefferies 
Sep 20, 24
▲ Buy · 🎯$104
Price at call : $90.28 — upside +15%
Today : $97.89 — upside +6%
Expected +15% · Actual -4% · Reason (≥ +15%) : ✗ No
🎯 on PNW : 50% (2 calls matureds) · 📊 on Utilities : 57.4% · +1.3% (155 calls)
-4.5%
stock -4% · XLU +6%
matured Sep 20, 25
▲ Buy · 🎯$83.5
Price at call : $75.69 — upside +10%
Today : $97.89 — upside -15%
Expected +10% · Actual +18% · Reason (≥ +15%) : ✓ Yes
🎯 on PNW : 100% (1 call matured) · 📊 on Utilities : 62.5% · +5.6% (24 calls)
+18.1%
stock +18% · XLU +15%
matured Jun 6, 25
■ Neutral neutral · not a buy · 🎯$69
Price at call : $67.9 — gap to target +2%
Today : $97.89 — gap to target -30%
🎯 on PNW : 100% (1 call matured) · 📊 on Utilities : 62.5% · +5.6% (24 calls)
in progress (365j)
matures : Feb 13, 25

Frequently asked questions

Should I buy Pinnacle West Capital stock?

This isn't buy advice. For Pinnacle West Capital, the analyst consensus is "Hold", with an average price target of $103 (+5% vs the current price). What matters is their past reliability on this stock: the most reliable one is right 100% of the time (5 calls tracked on Pinnacle West Capital). We show the numbers — you decide.

Is it too late to buy Pinnacle West Capital? How high can it go?

The most bullish analyst target on Pinnacle West Capital is $108 (+10% above today's price); the average is $103. That's the upside they see. Check how reliable those analysts have actually been on Pinnacle West Capital on our site before trusting it.

Is Pinnacle West Capital still a good buy?

The most useful "opinion" isn't an opinion — it's a track record: 14 analysts have a real record on Pinnacle West Capital, the best hitting 100% over 5 calls. Current consensus: "Hold". Make your call on data, not noise.

Should you invest in Pinnacle West Capital? The case for and against

The arguments for and against, one by one, from the numbers: why invest in PNW (and why hesitate).

What has Pinnacle West Capital's past performance been?

Historical returns and a "how much if I had invested" calculator: PNW performance & returns.

Does Pinnacle West Capital pay a dividend?

Yield, consistency and growth history of the dividend: PNW's dividend.

Other Utilities stocks

Go further

JPI AI Analyst AI assistant · JPI Invest
Answers based on the tool’s data · not financial advice · full version (free)