Pinnacle West Capital (NYSE:PNW) Stock Rating Lowered by Wall Street Zen

Posted by George Bondi on Nov 9th, 2026

Pinnacle West Capital (NYSE:PNW – Get Free Report) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

A number of other research analysts also recently commented on PNW. Morgan Stanley upped their price objective on Pinnacle West Capital from $89.00 to $91.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 21st. Citigroup reaffirmed a “neutral” rating on shares of Pinnacle West Capital in a research report on Thursday, October 8th. TD Cowen reiterated a “hold” rating on shares of Pinnacle West Capital in a research note on Wednesday, August 12th. Jefferies Financial Group reduced their price target on shares of Pinnacle West Capital from $129.00 to $109.00 and set a “buy” rating for the company in a report on Monday, October 5th. Finally, BMO Capital Markets reduced their price target on shares of Pinnacle West Capital from $106.00 to $104.00 and set a “market perform” rating for the company in a report on Wednesday, July 22nd. Five analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $103.77.

Check Out Our Latest Report on Pinnacle West Capital

Pinnacle West Capital Stock Down 0.1%

Shares of NYSE:PNW opened at $104.11 on Friday. The stock has a market capitalization of $12.62 billion, a price-to-earnings ratio of 19.57, a price-to-earnings-growth ratio of 3.65 and a beta of 0.48. Pinnacle West Capital has a 1-year low of $86.18 and a 1-year high of $111.16. The company’s fifty day moving average is $99.05 and its two-hundred day moving average is $100.63. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.50 and a current ratio of 0.71.

Pinnacle West Capital (NYSE:PNW – Get Free Report) last posted its quarterly earnings results on Tuesday, November 3rd. The utilities provider reported $3.49 EPS for the quarter, beating the consensus estimate of $3.32 by $0.17. Pinnacle West Capital had a net margin of 11.59% and a return on equity of 9.18%. The business had revenue of $1.97 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same period in the previous year, the business posted $3.39 EPS. The company’s quarterly revenue was up 8.3% on a year-over-year basis. Equities analysts anticipate that Pinnacle West Capital will post 4.91 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in PNW. JFS Wealth Advisors LLC grew its holdings in shares of Pinnacle West Capital by 109.6% in the 2nd quarter. JFS Wealth Advisors LLC now owns 241 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 126 shares during the last quarter. Compass Financial Management LLC acquired a new stake in shares of Pinnacle West Capital in the second quarter valued at approximately $33,000. Bell Investment Advisors Inc increased its stake in shares of Pinnacle West Capital by 144.9% in the 2nd quarter. Bell Investment Advisors Inc now owns 338 shares of the utilities provider’s stock valued at $36,000 after buying an additional 200 shares during the period. Balance Wealth Partners LLC acquired a new stake in Pinnacle West Capital in the third quarter worth about $42,000. Finally, Caitong International Asset Management Co. Ltd raised its stake in shares of Pinnacle West Capital by 41,300.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 414 shares of the utilities provider’s stock worth $44,000 after buying an additional 413 shares during the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.

Pinnacle West Capital Company Profile

(Get Free Report)

Pinnacle West Capital Corporation is an energy holding company whose principal subsidiary, Arizona Public Service Company (APS), provides electric service in Arizona. APS generates, transmits and distributes electricity to residential, commercial and industrial customers.

APS serves communities across central and northern Arizona, including the Phoenix metropolitan area. Its electricity supply comes from a mix of generating resources, including nuclear, natural gas, coal and renewable energy.

Pinnacle West became the parent company of APS in 1985.