A Look At Pinnacle West Capital (PNW) Valuation After Earnings Beat And New EPS Guidance

Simply Wall St.03-15 18:16

Pinnacle West Capital (PNW) is back on investors’ radar after fourth quarter earnings per share came in ahead of expectations, even as revenue missed forecasts. This comes alongside fresh guidance and...

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This comes alongside fresh guidance and...</p>\n\n<a href=\"https://simplywall.st/stocks/us/utilities/nyse-pnw/pinnacle-west-capital/news/a-look-at-pinnacle-west-capital-pnw-valuation-after-earnings\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Look At Pinnacle West Capital (PNW) Valuation After Earnings Beat And New EPS Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Look At Pinnacle West Capital (PNW) Valuation After Earnings Beat And New EPS Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-15 18:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/utilities/nyse-pnw/pinnacle-west-capital/news/a-look-at-pinnacle-west-capital-pnw-valuation-after-earnings><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pinnacle West Capital (PNW) is back on investors’ radar after fourth quarter earnings per share came in ahead of expectations, even as revenue missed forecasts. This comes alongside fresh guidance and...</p>\n\n<a href=\"https://simplywall.st/stocks/us/utilities/nyse-pnw/pinnacle-west-capital/news/a-look-at-pinnacle-west-capital-pnw-valuation-after-earnings\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PNW.AU","symbol_name":"PACIFIC STAR NETWORK LTD","start_time":0,"source_url":"https://simplywall.st/stocks/us/utilities/nyse-pnw/pinnacle-west-capital/news/a-look-at-pinnacle-west-capital-pnw-valuation-after-earnings","article_id":"2619105703","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/9521000-choice2-main-header/1585186610142"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/utilities/nyse-pnw/pinnacle-west-capital/news/a-look-at-pinnacle-west-capital-pnw-valuation-after-earnings","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2619105703","pubTimestamp":1773569787,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Pinnacle West Capital (PNW) is back on investors’ radar after fourth quarter earnings per share came in ahead of expectations, even as revenue missed forecasts. This comes alongside fresh guidance and rising institutional ownership.\nSee our latest analysis for Pinnacle West Capital.\nThe recent earnings beat, fresh EPS guidance and mixed institutional moves have come alongside a 90 day share price return of 16.45% and a 1 year total shareholder return of 14.25%. The 3 year total shareholder...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PNW.AU":"PACIFIC STAR NETWORK LTD","PNW":"品尼高西方资本品西资本"},"translate_title":"Pinnacle West Capital(PNW)盈利超出预期和新每股收益指引后的估值一览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PNW":1.5,"PNW.AU":1.5},"content_text":"Pinnacle West Capital (PNW) is back on investors’ radar after fourth quarter earnings per share came in ahead of expectations, even as revenue missed forecasts. This comes alongside fresh guidance and rising institutional ownership. See our latest analysis for Pinnacle West Capital. The recent earnings beat, fresh EPS guidance and mixed institutional moves have come alongside a 90 day share price return of 16.45% and a 1 year total shareholder return of 14.25%. The 3 year total shareholder return of 50.70% suggests momentum has been relatively firm over a longer horizon. If this utility update has you thinking more broadly about income and infrastructure themes, it could be a good moment to scan our 24 power grid technology and infrastructure stocks as potential next ideas to research. With Pinnacle West shares around $102.91, an analyst target of $102, and fresh EPS guidance on the table, the key question is whether investors are seeing a genuine value gap or if the market is already baking in future growth. AdvertisementMost Popular Narrative: 2% Overvalued The most followed valuation narrative puts Pinnacle West Capital's fair value at $100.85 versus a last close of $102.91, which sets up a fairly tight gap for investors to think about.  The updated analyst price target for Pinnacle West Capital moves to $100.85 from $95.92, reflecting higher Street targets in a $96 to $109 range as analysts factor in Q4 results and the view that better regulatory execution could support the company becoming a core utility holding.  Read the complete narrative. Curious what kind of revenue path and margin profile sit behind that fair value, and how rich a future earnings multiple is being used to justify it? The full narrative lays out a very specific growth runway, profitability step up, and valuation multiple that together need to hold for $100.85 to make sense. Result: Fair Value of $100.85 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, the story can shift quickly if regulatory lag bites harder than expected, or if high planned grid and generation spending ends up creating underused assets. Find out about the key risks to this Pinnacle West Capital narrative. Another Angle On Valuation Multiples tell a slightly different story. Pinnacle West trades on a P/E of 20.2x, below both the peer average at 22.7x and the US Electric Utilities industry at 21.7x, while the fair ratio sits higher at 22.1x. If sentiment shifts, the market could move closer to that fair ratio or pull the shares down toward peers instead. See what the numbers say about this price — find out in our valuation breakdown. NYSE:PNW P/E Ratio as at Mar 2026Next Steps Reading all of this, do you feel the story leans more cautious or optimistic? Take a closer look at the numbers and sentiment now, then weigh up the 4 key rewards and 2 important warning signs to see how the risk and reward balance really looks to you. Looking for more investment ideas? Before you move on, take a few extra minutes to consider new ideas that could complement or challenge what you think about Pinnacle West.  Explore potential mispricings by scanning our 48 high quality undervalued stocks which pairs quality fundamentals with what may be more modest expectations reflected in current prices. Strengthen the income side of your portfolio by reviewing our 14 dividend fortresses which focuses on higher yielding companies with firm payout profiles. Dial down portfolio volatility by checking our 68 resilient stocks with low risk scores which highlights businesses with more resilient risk scores and steadier characteristics.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. 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