Pinnacle West Capital Corporation

NYSE:PNW Rapport sur les actions

Capitalisation boursière : US$12.3b

Pinnacle West Capital Résultats passés

Passé contrôle des critères 5/6

Pinnacle West Capital a connu une croissance annuelle moyenne de ses bénéfices de 2.2%, tandis que le secteur Electric Utilities a vu ses bénéfices augmenter de en hausse à 6% par an. Les revenus ont augmenté de en hausse à un taux moyen de 8.6% par an. Le rendement des capitaux propres de Pinnacle West Capital est 9.4% et ses marges nettes sont de 12%.

Informations clés

2.20%

Taux de croissance des bénéfices

1.11%

Taux de croissance du BPA

Electric Utilities Croissance de l'industrie6.28%
Taux de croissance des recettes8.59%
Rendement des fonds propres9.38%
Marge nette11.99%
Dernière mise à jour des bénéfices31 Mar 2026

Mises à jour récentes des performances passées

Recent updates

Seeking Alpha May 05

Pinnacle West: An AI Load Growth Beneficiary, But Fairly Priced (Rating Upgrade)

Summary 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. Key risks include higher interest rates, regulatory outcomes on the 2025 APS Rate Case, and operational challenges from surging AI-driven demand. Read the full article on Seeking Alpha
Mise à jour du récit Apr 27

PNW: Regulatory Outcomes And 2026 Earnings Guidance Will Shape Fairly Balanced Outlook

The analyst price target for Pinnacle West Capital has been adjusted slightly higher to around $106, as analysts factor in updated fair value estimates, modest tweaks to revenue growth and margin assumptions, and refreshed P/E expectations following a series of mixed but generally upward target revisions across the Street. Analyst Commentary Recent research on Pinnacle West Capital reflects a mix of cautious optimism and valuation discipline, with several firms updating price targets after Q4 results and model refreshes.
Mise à jour du récit Apr 12

PNW: Regulatory Progress And 2026 Earnings Guidance Will Shape Core Holding Potential

Analyst price targets for Pinnacle West Capital have moved higher, with the fair value estimate rising by about $2.63 to $104.85 as analysts factor in updated models following recent Q4 results, modestly adjusted growth and profitability assumptions, and a slightly higher future P/E of 19.89x. Analyst Commentary Recent research updates around Pinnacle West Capital point to a cluster of higher price targets following Q4 results, with several firms recalibrating their models and ratings.
Mise à jour du récit Mar 29

PNW: Regulatory Execution And 2026 Earnings Outlook Will Shape Core Holding Appeal

The analyst price target for Pinnacle West Capital has edged higher by about $0.21 to $102.21, reflecting a series of recent target increases as analysts factor in updated models, Q4 results, and ongoing regulatory execution as key drivers. Analyst Commentary Recent Street research on Pinnacle West Capital points to a mixed but generally constructive tone, with several firms adjusting their models and fine tuning views on regulatory execution, earnings quality, and relative valuation within the utilities group.
Mise à jour du récit Mar 15

PNW: Regulatory Progress And Earnings Quality Will Shape Core Holding Case

The analyst fair value estimate for Pinnacle West Capital has moved from $100.85 to $102.00, reflecting a series of higher Street price targets clustered in the $96 to $109 range, as analysts factor in recent earnings, updated models, and the importance of regulatory execution over the coming year. Analyst Commentary Street research on Pinnacle West Capital has shifted toward higher fair value ranges, but with clear conditions attached, especially around regulation and earnings quality.
Mise à jour du récit Mar 01

PNW: Regulatory Execution And Sector Trends Will Shape Core Holding Potential

The updated analyst price target for Pinnacle West Capital moves to $100.85 from $95.92, reflecting higher Street targets in a $96 to $109 range as analysts factor in Q4 results and the view that better regulatory execution could support the company becoming a core utility holding. Analyst Commentary Street research on Pinnacle West Capital has been active around the latest Q4 print, with several firms updating models and resetting price targets in a fairly tight band.
Mise à jour du récit Feb 15

PNW: Arizona Regulation And Sector Repricing Will Shape Steady Earnings Expectations

Analyst price targets on Pinnacle West Capital have shifted in a mixed but slightly higher range, with recent changes including $4 increases from RBC Capital and Morgan Stanley, along with $1 and $5 trims from Wells Fargo and Barclays, as analysts update their views on regulated utilities and valuation assumptions. Analyst Commentary Recent research updates on Pinnacle West Capital show both supportive and cautious views, with adjustments reflecting broader moves across regulated utilities and refreshed valuation work.
Mise à jour du récit Feb 01

PNW: Arizona Regulation And Data Demand Will Shape Steady Earnings Expectations

Analysts have made a modest trim to their Pinnacle West Capital price target to about $95.92, reflecting updated assumptions around revenue growth, profit margins, and future P/E multiples following mixed recent target changes across the Street. Analyst Commentary Recent research updates on Pinnacle West Capital show a mix of cautious and constructive views, with several firms adjusting price targets both higher and lower.
Article d’analyse Jan 09

The Returns At Pinnacle West Capital (NYSE:PNW) Aren't Growing

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Mise à jour du récit Dec 06

PNW: Arizona Regulation And Data Demand Will Shape A Balanced Earnings Path

Pinnacle West Capital's analyst price target nudged slightly lower to about $96 from roughly $97 as analysts balance improving earnings visibility and load driven growth against lingering regulatory uncertainty and only gradual progress in Arizona's rate environment. Analyst Commentary Recent Street research on Pinnacle West Capital reflects a generally balanced stance, with most firms maintaining neutral to moderately positive ratings while fine tuning price targets around the mid to upper $90 range.
Mise à jour du récit Nov 22

PNW: Improving Arizona Regulation And Data Demand Will Shape Earnings Outlook

Pinnacle West Capital's analyst price target has modestly declined, dropping from $96.07 to $95.93 per share. Analysts cite ongoing uncertainties around regulatory improvements in Arizona and tempered expectations for near-term earnings growth, even though there are positive long-term structural trends.
Article d’analyse Nov 06

Pinnacle West Capital Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Pinnacle West Capital Corporation ( NYSE:PNW ) came out with its quarterly results last week, and we wanted to see how...
Mise à jour du récit Nov 06

PNW: Future Sector Tailwinds And Regulatory Changes Will Shape Earnings Path

Pinnacle West Capital's analyst price target was modestly reduced by $0.18 to $96.07. Analysts cite steady sector conditions, regulatory uncertainty in Arizona, and incremental updates to growth and profit outlooks as supporting factors.
Article d’analyse Oct 28

Pinnacle West Capital (NYSE:PNW) Is Increasing Its Dividend To $0.91

The board of Pinnacle West Capital Corporation ( NYSE:PNW ) has announced that the dividend on 1st of December will be...
Mise à jour du récit Oct 22

Analyst Commentary Highlights Modest Valuation Increase for Pinnacle West Capital Amid Sector Tailwinds

Analysts have modestly increased their fair value estimate for Pinnacle West Capital, raising the price target by $1.33 to $96.25. This adjustment is attributed to improved revenue growth expectations driven by sector trends and ongoing regulatory developments.
Mise à jour du récit Sep 17

Grid Modernization And Arizona Expansion Will Create Future Value

Analysts have slightly lowered their price target for Pinnacle West Capital to $94.92, reflecting cautious optimism driven by improving regulatory trends and growth prospects in Arizona, offset by a more moderate outlook for revenue growth. Analyst Commentary Bullish analysts note improving structural trends in Arizona's regulatory environment, citing the 2025 General Rate Case (GRC) as a key driver for reduced regulatory lag.
Article d’analyse Aug 29

Calculating The Fair Value Of Pinnacle West Capital Corporation (NYSE:PNW)

Key Insights The projected fair value for Pinnacle West Capital is US$89.64 based on Dividend Discount Model With...
Article d’analyse Aug 04

Pinnacle West Capital's (NYSE:PNW) Returns Have Hit A Wall

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Article d’analyse May 30

Here's Why Pinnacle West Capital (NYSE:PNW) Is Weighed Down By Its Debt Load

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha Mar 14

Pinnacle West: Steady Income Generator For Sleep-Well-At-Night Returns

Summary Pinnacle West Capital has demonstrated strong business fundamentals and growth catalysts on the horizon. PNW benefits from favorable regulatory developments, robust residential growth, and increasing demand from Arizona's expanding semiconductor industry. With a solid balance sheet, reliable operations, and a well-covered 3.9% dividend yield, PNW remains an attractive income investment. Read the full article on Seeking Alpha
Seeking Alpha Nov 23

Pinnacle West Is Back To Fair Valuation

Summary Pinnacle West is currently overvalued, with limited growth prospects and a forecasted annual return below 5%, leading me to rate it as a "Hold." Despite recent regulatory improvements and population growth in Arizona, PNW's EPS growth is expected to be modest, and its dividend growth is likely to remain low. The company's significant capital expenditure plans and debt obligations further constrain its upside potential, making other utilities like Enel more attractive investments. My target price for PNW is $80/share, reflecting normalized earnings and investment plans, and I recommend holding rather than buying at current valuations. Read the full article on Seeking Alpha
User avatar
Nouveau récit Aug 25

New Customer Rates And Calculated Investments Propel Revenue Growth In C&I Sectors

Increased revenue potential through new customer rates and sales growth in Commercial & Industrial sectors.
Seeking Alpha Aug 16

Wait On Pinnacle West Capital For Lower Interest Rates

Summary Pinnacle West Capital Corporation is a $9.8 billion market cap company offering a 4.1% dividend and a low 0.50 beta. The company owns the largest nuclear power generating station in the US, benefiting from increased electricity demand from data centers. Pinnacle West is expected to benefit if interest rates are cut, but investors may want to wait for a stock price drop for a larger dividend payout. Read the full article on Seeking Alpha
Seeking Alpha Jul 12

Pinnacle West: Shares Look Fully Valued Now, But Growth Is On The Horizon

Summary This is Arizona’s largest electric utility, now with 1.4 million customers and Phoenix and Flagstaff in its territory. It weathered an adverse regulatory decision in 2021 that cut its earnings, but this is now overturned and reasonable rates restored. Earnings outlooks were revised upward and dividend growth at higher rates should resume next year. Data centers and population growth in Arizona are expected to increase electric demand, benefiting Pinnacle West as the primary utility in the state. It remains an attractive dividend stock. Read the full article on Seeking Alpha
Seeking Alpha Jun 10

Pinnacle West: Demand For Its Electricity Is Booming

Summary Pinnacle West, the primary electric utility in Phoenix, is expected to benefit from the city's booming population and job growth. The company has a strong growth pipeline, with plans to invest in transmission and generation assets, leading to a substantial increase in its rate base. Despite its positive outlook, PNW is currently undervalued compared to its peers, making it an attractive investment opportunity. Read the full article on Seeking Alpha

Ventilation des recettes et des dépenses

Comment Pinnacle West Capital gagne et dépense de l'argent. Sur la base des derniers bénéfices déclarés, sur une base LTM.


Historique des gains et des recettes

NYSE:PNW Recettes, dépenses et bénéfices (USD Millions )
DateRecettesLes revenusDépenses G+ADépenses de R&D
31 Mar 265,457654280
31 Dec 255,340617-120
30 Sep 255,307594-90
30 Jun 255,255576-190
31 Mar 255,205587-280
31 Dec 245,125609-490
30 Sep 245,021616-470
30 Jun 244,890619-450
31 Mar 244,703522-420
31 Dec 234,696502-410
30 Sep 234,714478-550
30 Jun 234,546406-700
31 Mar 234,486463-850
31 Dec 224,324484-980
30 Sep 224,114535-1020
30 Jun 223,952549-1060
31 Mar 223,891600-1090
31 Dec 213,804619-1130
30 Sep 213,746572-2690
30 Jun 213,692578-840
31 Mar 213,622556-700
31 Dec 203,587551-560
30 Sep 203,516634-80
30 Jun 203,453600-400
31 Mar 203,393550-320
31 Dec 193,471538-230
30 Sep 193,5575001010
30 Jun 193,634503-360
31 Mar 193,739526-420
31 Dec 183,691511-500
30 Sep 183,695507-420
30 Jun 183,610468-360
31 Mar 183,580468-310
31 Dec 173,565488-250
30 Sep 173,545520-200
30 Jun 173,528507-130
31 Mar 173,499461-60
31 Dec 163,499442-200
30 Sep 163,49443000
30 Jun 163,52642400
31 Mar 163,50142600
31 Dec 153,49543700
30 Sep 153,48740200
30 Jun 153,46138800

Des revenus de qualité: PNW a des bénéfices de haute qualité.

Augmentation de la marge bénéficiaire: Les marges bénéficiaires nettes actuelles de PNW sont plus élevées que l'année dernière PNW. (12%) sont plus élevées que l'année dernière (11.3%).


Analyse des flux de trésorerie disponibles par rapport aux bénéfices


Analyse de la croissance passée des bénéfices

Tendance des revenus: Les bénéfices de PNW ont augmenté de 2.2% par an au cours des 5 dernières années.

Accélération de la croissance: La croissance des bénéfices de PNW au cours de l'année écoulée ( 11.4% ) dépasse sa moyenne sur 5 ans ( 2.2% par an).

Bénéfices par rapport au secteur d'activité: La croissance des bénéfices PNW au cours de l'année écoulée ( 11.4% ) a dépassé celle du secteur Electric Utilities 9.5%.


Rendement des fonds propres

ROE élevé: Le retour sur capitaux propres de PNW ( 9.4% ) est considéré comme faible.


Rendement des actifs


Rendement des capitaux employés


Découvrir des entreprises performantes dans le passé

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/05/22 20:26
Cours de l'action en fin de journée2026/05/22 00:00
Les revenus2026/03/31
Revenus annuels2025/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Pinnacle West Capital Corporation est couverte par 26 analystes. 12 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
Gary HovisArgus Research Company
Daniel FordBarclays
Nicholas CampanellaBarclays