Pinnacle West stock heads toward November 3 results
Published on 10/04/2026 at 17:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Pinnacle West stock (ISIN US7234841010) was last at USD 95.92 on the NYSE on October 2, 2026 at 4:02 p.m. EDT, up 1.36 percent from the prior close. According to Business Wire on October 2, 2026, Pinnacle West plans to release its third-quarter results before the US market opens on November 3, 2026.
November 3 sets the next test
The November 3 release will follow a second quarter in which Pinnacle West reported USD 1.43 in diluted EPS and reaffirmed full-year 2026 guidance of USD 4.55-4.75 per diluted share, according to StockTitan in an October 2, 2026 release.
Management also scheduled an 11:00 a.m. ET webcast for the same date, giving investors a defined checkpoint for sales growth and regulatory execution.
Revenue grew as earnings lagged
For the quarter ended June 30, 2026, operating revenue rose 7.1 percent year over year to USD 1.46 billion, while net income attributable to common shareholders fell to USD 178.6 million from USD 192.6 million, StockTitan reported.
The same report shows diluted EPS at USD 1.43 versus USD 1.58 a year earlier and below the USD 1.47 consensus estimate, while quarterly sales exceeded the USD 1.390 billion consensus estimate.
Rate case adds a regulatory variable
Arizona Public Service, Pinnacle West's regulated utility subsidiary, is seeking a USD 609 million net revenue increase in its pending rate case, equal to a stated 14.69 percent day-one customer revenue impact, according to StockTitan on September 30, 2026.
The company has also set 2026 weather-normalized retail sales growth guidance at 4 percent to 6 percent, a range that puts customer demand alongside the rate decision as a key earnings variable.
Pinnacle West stock keeps a measured valuation
Consensus coverage listed by MarketBeat on October 3, 2026, was Hold across 15 analysts, with four Buy ratings and an average price target of USD 103.21. That target lies 7.60 percent above the October 2 price.
Barclays lowered its price target to USD 94 from USD 108 on October 1, 2026, while keeping an Equal Weight rating, Markets Insider reported.
Stock stays below its yearly high
Pinnacle West stock was last at USD 95.92 on the NYSE on October 2, 2026, 13.70 percent below its 52-week high of USD 111.16; market capitalization was USD 11.6 billion and trading volume was 1,952,855 shares.
Pinnacle West stock facts
- Company: Pinnacle West Capital Corporation
- ISIN: US7234841010
- Ticker: PNW
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:02 p.m. EDT): USD 95.92
- Market capitalization: USD 11.6 billion (as of October 2, 2026)
- 52-week range: USD 86.18-111.16 (as of October 2, 2026)
- Sector / Industry: Utilities / Regulated Electric
Upcoming dates for Pinnacle West stock
- November 3, 2026: Third-quarter 2026 results and management webcast
