Investment Analysts’ Recent Ratings Updates for Pinnacle West Capital (PNW)

Several analysts have recently updated their ratings and price targets for Pinnacle West Capital (NYSE: PNW):

• 10/8/2026 – Pinnacle West Capital had its “neutral” rating reaffirmed by Citigroup Inc..
• 10/5/2026 – Pinnacle West Capital had its price target lowered by Truist Financial Corporation from $101.00 to $99.00. They now have a “hold” rating on the stock.
• 10/5/2026 – Pinnacle West Capital had its price target lowered by Jefferies Financial Group Inc. from $129.00 to $109.00. They now have a “buy” rating on the stock.
• 10/3/2026 – Pinnacle West Capital was upgraded by Wall Street Zen from “sell” to “hold”.
• 10/1/2026 – Pinnacle West Capital had its price target lowered by Barclays PLC from $108.00 to $94.00. They now have an “equal weight” rating on the stock.
• 9/29/2026 – Pinnacle West Capital is now covered by Scotiabank. They set a “sector outperform” rating and a $104.00 price target on the stock.
• 9/18/2026 – Pinnacle West Capital had its price target lowered by Morgan Stanley from $94.00 to $89.00. They now have an “equal weight” rating on the stock.
• 8/21/2026 – Pinnacle West Capital had its price target lowered by Morgan Stanley from $97.00 to $94.00. They now have an “equal weight” rating on the stock.

Insider Transactions at Pinnacle West Capital

In related news, CAO Elizabeth A. Blankenship sold 980 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $99.17, for a total value of $97,186.60. Following the sale, the chief accounting officer owned 10,886 shares in the company, valued at approximately $1,079,564.62. This trade represents a 8.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Jose Luis Esparza, Jr. sold 1,800 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $102.01, for a total value of $183,618.00. Following the completion of the transaction, the senior vice president owned 4,910 shares in the company, valued at approximately $500,869.10. This trade represents a 26.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.19% of the company’s stock.

Pinnacle West Capital Corporation (NYSE:PNW) is an energy holding company based in Phoenix, Arizona. Its principal subsidiary, Arizona Public Service Company (APS), is an electric utility that generates, transmits and distributes electricity to customers across Arizona.

APS serves residential, commercial, industrial and governmental customers through a diverse power portfolio that includes nuclear, natural gas, coal, solar and other renewable energy resources. The utility is also involved in maintaining and expanding the electric grid, supporting energy-efficiency programs and developing cleaner energy resources.