Core Insights - Pinnacle West Capital Corporation (PNW) is a utility holding company based in Phoenix, Arizona, with a market capitalization of $10.6 billion, providing retail and wholesale electric services primarily in Arizona [1] - PNW's stock has underperformed compared to the broader market and the Utilities Select Sector SPDR Fund (XLU), with a 3% decline over the past year versus a 13.7% increase in the S&P 500 and a 13% gain in XLU [2][3] Financial Performance - For Q3, PNW reported revenue of $1.8 billion, reflecting a year-over-year increase of 2.9%, while earnings per share (EPS) rose slightly to $3.39 [4] - Analysts project a 5% decline in PNW's EPS for the current fiscal year, estimating it to be $4.98 on a diluted basis [5] Analyst Ratings and Price Targets - Among 18 analysts covering PNW, the consensus rating is a "Moderate Buy," with five "Strong Buy" ratings and 13 "Holds" [5] - The current price target from analysts is $97, indicating an 8.8% potential upside, while the mean price target of $97.50 suggests a 9.4% premium, and the highest target of $115 indicates a potential upside of 29% [6]

Core Insights - Pinnacle West Capital Corporation (PNW) is a utility holding company based in Phoenix, Arizona, providing retail and wholesale electric services, with a market cap of $11.1 billion [1] - The company is expected to announce its fiscal third-quarter earnings for 2025 on November 3, 2025 [1] Earnings Expectations - Analysts predict PNW will report a profit of $2.89 per share on a diluted basis, representing a 14.2% decline from $3.37 per share in the same quarter last year [2] - For the full fiscal year, EPS is expected to be $4.55, down 13.2% from $5.24 in fiscal 2024, but is projected to rise 3.1% year over year to $4.69 in fiscal 2026 [3] Stock Performance - PNW stock has underperformed the S&P 500 Index, which gained 15.1% over the past 52 weeks, with PNW shares only increasing by 5.5% during the same period [4] - The stock also lagged behind the Utilities Select Sector SPDR Fund, which saw an 11% gain in the same timeframe [4] Recent Financial Results - In Q2, PNW reported an EPS decline of 10.2% year over year to $1.58, with revenue at $1.4 billion, reflecting a 3.8% year-over-year increase [5] - The company anticipates full-year EPS to be between $4.40 and $4.60 [5] Analyst Ratings - The consensus opinion on PNW stock is moderately bullish, with a "Moderate Buy" rating overall; out of 16 analysts, five recommend a "Strong Buy," ten suggest a "Hold," and one advises a "Strong Sell" [6] - The average analyst price target for PNW is $97, indicating a potential upside of 5.2% from current levels [6]

Company Overview - Pinnacle West Capital Corporation (PNW) is headquartered in Phoenix, Arizona, and provides retail and wholesale electric services primarily in Arizona, with a market cap of $10.4 billion [1][2] - PNW is also engaged in real estate development activities in the western U.S. [1] Stock Performance - PNW's stock has declined 9.7% from its 52-week high of $96.50, reached on April 3, and has underperformed the Nasdaq Composite, which gained 13% over the same three-month period [3] - Year-to-date, PNW shares have risen 2.8%, but they have dipped 2.4% over the past 52 weeks, lagging behind the Nasdaq's YTD gains of 16.5% and 24.5% returns over the last year [4] - PNW has been trading below its 50-day and 200-day moving averages since late August, indicating a bearish trend [4] Financial Performance - In Q2, PNW reported an EPS of $1.58, a decline of 10.2% year-over-year, while revenue totaled $1.4 billion, reflecting a 3.8% year-over-year increase [5] - The company expects full-year EPS to be between $4.40 and $4.60 [5] Competitive Landscape - Evergy, Inc. (EVRG) has outperformed PNW, showing YTD gains of 19.8% and 19.5% returns over the past 52 weeks [5] Analyst Sentiment - Wall Street analysts maintain a "Moderate Buy" rating for PNW, with a consensus mean price target of $96.50, suggesting a potential upside of 10.7% from current price levels [6]