The latest price target for Pinnacle West Capital (NYSE:PNW) was reported by Morgan Stanley on August 23, 2024. The analyst firm set a price target for $78.00 expecting PNW to fall to within 12 months (a possible -10.41% downside). 28 analyst firms have reported ratings in the last year.

The latest analyst rating for Pinnacle West Capital (NYSE:PNW) was provided by Morgan Stanley, and Pinnacle West Capital maintained their equal-weight rating.

The last upgrade for Pinnacle West Capital Corp happened on June 6, 2024 when Ladenburg Thalmann raised their price target to $83.5. Ladenburg Thalmann previously had a neutral for Pinnacle West Capital Corp.

The last downgrade for Pinnacle West Capital Corp happened on March 11, 2022 when Evercore ISI Group changed their price target from N/A to $68 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 August 23, 2024 so you should expect the next rating to be made available sometime around August 23, 2025.

While ratings are subjective and will change, the latest Pinnacle West Capital (PNW) rating was a maintained with a price target of $72.00 to $78.00. The current price Pinnacle West Capital (PNW) is trading at is $87.06, which is out of the analyst’s predicted range.