TD Cowen cuts target to USD 115.00 for Pinnacle Financial Partners stock
Published on 10/17/2026 at 21:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and valuation
- On October 5, 2026, TD Cowen lowered its Pinnacle Financial Partners target from USD 119.00 to USD 115.00.
- June 2026 quarter adjusted earnings were USD 2.50 per share versus USD 2.46 expected.
- Pinnacle Financial Partners stock was USD 94.72 at 4:00 p.m. ET on October 16, 2026, 0.35 percent above the NYSE prior close.
- Market capitalization was USD 14.3 billion and the P/E ratio was 11.65.
TD Cowen lowered its price target for Pinnacle Financial Partners from USD 119.00 to USD 115.00 on October 5, 2026, while keeping a Buy rating, according to Markets Insider. The revised target stood 21.41 percent above the NYSE price of USD 94.72. Pinnacle Financial Partners was last at USD 94.72 on October 16, 2026 at 4:00 p.m. ET, 0.35 percent above its NYSE prior close of USD 94.39.
Adjusted earnings beat expectations
Adjusted earnings per share reached USD 2.50 in the second quarter of 2026, exceeding the USD 2.46 consensus estimate by 1.63 percent. The result was adjusted for non-recurring items. Revenue totaled USD 1.23 billion for the quarter ended June 2026, 0.45 percent above the consensus estimate, according to Zacks.
Price range and valuation
The stock's 52-week range was USD 81.08 to USD 110.33 on October 16, 2026. At USD 94.72, the price stood 14.15 percent below the high and 16.82 percent above the low. Pinnacle Financial Partners had gained 1.50 percent since the start of 2026, while the S&P 500 had gained 9.70 percent over the same period, according to Zacks.
Valuation and peer comparison
Market capitalization was USD 14.3 billion and the trailing P/E ratio was 11.65 as of October 16, 2026. A separate consensus compiled by MarketBeat on October 14, 2026, covered 21 firms and placed the average 12-month target at USD 118.47.
Comparison with peers
Pinnacle Financial Partners (NYSE, USD): plus 0.35 percent, P/E 11.65, market capitalization USD 14.3 billion.
Regions Financial (NYSE, USD): plus 0.51 percent, P/E 10.76, market capitalization USD 23.4 billion.
Fifth Third Bancorp (NASDAQ, USD): plus 0.04 percent, P/E 17.19, market capitalization USD 45.7 billion.
Price perspective
The combination of a 21.41 percent target gap and a 14.15 percent distance below the 52-week high gives investors two concrete reference points for the current valuation. The next company earnings date listed for the third quarter of 2026 is October 21, 2026, after the market close. The stock's latest NYSE price was USD 94.72 on October 16, 2026 at 4:00 p.m. ET, 0.35 percent above the NYSE prior close.
Pinnacle Financial Partners market data
- Company: Pinnacle Financial Partners, Inc.
- ISIN: US72348N1090
- Ticker: PNFP
- Primary exchange: NYSE
- Price NYSE (as of October 16, 2026, 4:00 p.m. ET): USD 94.72
- Change versus NYSE prior close: plus 0.35 percent
- Market capitalization: USD 14.3 billion (as of October 16, 2026)
- 52-week range: USD 81.08-110.33 (as of October 16, 2026)
- Sector / Industry: Financial Services / Banks - Regional
Market context: Market report S&P 500.
