Pinnacle West Stock Target Price and Analyst Consensus

PNW Stock  USD 74.54  0.04  0.05%   
The current analyst and expert consensus on Pinnacle West is Buy with 8 hold recommendations. The current projected Pinnacle West target price consensus is 77.55 with 15 analyst opinions. One of the most common ways Pinnacle West Capital analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Pinnacle West vendors, executives, and/or customers. Pinnacle West recommendation module provides expert sentiment on the projected Pinnacle West Capital target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Pinnacle West to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
70.57
Highest Forecast
86.08
Target Price
77.55
At this time, Pinnacle West's Pretax Profit Margin is fairly stable compared to the past year. Operating Profit Margin is likely to climb to 0.24 in 2024, whereas Gross Profit is likely to drop slightly above 1.8 B in 2024. At this time, Pinnacle West's Additional Paid In Capital is fairly stable compared to the past year.
  
It's important to approach Pinnacle West's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Pinnacle West price targets

Pinnacle West's stock target price is an estimate of its future price, usually made by analysts. Using Pinnacle West's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Pinnacle West's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Pinnacle West's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Pinnacle West Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Pinnacle West is a key component of Pinnacle West valuation and have some predictive power on the future returns of a Pinnacle West.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pinnacle West's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
73.2474.5475.84
Details
Intrinsic
Valuation
LowRealHigh
73.7575.0576.35
Details
Naive
Forecast
LowNextHigh
74.1275.4276.72
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.23-0.030.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pinnacle West. Your research has to be compared to or analyzed against Pinnacle West's peers to derive any actionable benefits. When done correctly, Pinnacle West's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Pinnacle West Capital.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 60 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
When determining whether Pinnacle West Capital is a strong investment it is important to analyze Pinnacle West's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pinnacle West's future performance. For an informed investment choice regarding Pinnacle Stock, refer to the following important reports:
Check out Macroaxis Advice on Pinnacle West to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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The data published in Pinnacle West's official financial statements usually reflect Pinnacle West's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Pinnacle West Capital. For example, before you start analyzing numbers published by Pinnacle accountants, it's critical to develop an understanding of what Pinnacle West's liquidity, profitability, and earnings quality are in the context of the Electric Utilities space in which it operates.
Please note, the presentation of Pinnacle West's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Pinnacle West's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Pinnacle West's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Pinnacle West Capital. Please utilize our Beneish M Score to check the likelihood of Pinnacle West's management manipulating its earnings.