Pinnacle West Capital Corporation

Report azionario NYSE:PNW

Capitalizzazione di mercato: US$12.4b

Pinnacle West Capital Performance degli utili passati

Criteri Il passato verificati 5/6

Pinnacle West Capital ha registrato una crescita degli utili a un tasso medio annuo di 2.2%, mentre il settore Electric Utilities ha registrato utili in crescita a un tasso medio annuo di 6%. I ricavi sono stati in crescita a un tasso medio annuo di 8.6%. Il ritorno sul capitale proprio di Pinnacle West Capital è 9.4% e ha margini netti di 12%.

Informazioni chiave

2.20%

Tasso di crescita degli utili

1.11%

Tasso di crescita dell'EPS

Electric Utilities Crescita del settore6.28%
Tasso di crescita dei ricavi8.59%
Rendimento del capitale proprio9.38%
Margine netto11.99%
Ultimo aggiornamento sugli utili31 Mar 2026

Aggiornamenti sulle prestazioni recenti

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
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Articolo di analisi 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...
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Articolo di analisi 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...
Aggiornamento della narrazione 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.
Articolo di analisi 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...
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Articolo di analisi 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...
Articolo di analisi 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...
Articolo di analisi 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
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Nuova narrazione 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

Ripartizione dei ricavi e delle spese

Come Pinnacle West Capital guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.


Storico di utili e ricavi

NYSE:PNW Ricavi, spese e utili (USD Millions )
DataRicaviUtiliSpese G+ASpese di R&S
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

Guadagni di qualità: PNW ha guadagni di alta qualità.

Margine di profitto in crescita: Gli attuali margini di profitto netti di PNW (12%) PNW sono più alti rispetto allo scorso anno (11.3%).


Flusso di cassa libero e analisi degli utili


Analisi della crescita degli utili nel passato

Andamento degli utili: Gli utili di PNW sono cresciuti del 2.2% all'anno negli ultimi 5 anni.

Accelerare la crescita: La crescita degli utili di PNW nell'ultimo anno ( 11.4% ) supera la media quinquennale ( 2.2% all'anno).

Guadagni vs Settore: La crescita degli utili PNW nell'ultimo anno ( 11.4% ) ha superato la percentuale del settore Electric Utilities 9.5%.


Rendimento del capitale proprio

ROE elevato: Il Return on Equity ( 9.4% ) di PNW è considerato basso.


Rendimento delle attività


Rendimento del capitale investito


Scoprire le aziende con forti performance passate

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/05/21 13:19
Prezzo dell'azione a fine giornata2026/05/21 00:00
Utili2026/03/31
Utili annuali2025/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Pinnacle West Capital Corporation è coperta da 26 analisti. 12 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Gary HovisArgus Research Company
Daniel FordBarclays
Nicholas CampanellaBarclays