Truist cuts target for Pinnacle Financial Partners stock to USD 112

Published on 10/20/2026 at 18:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pinnacle earned USD 2.50 adjusted EPS in the second quarter of 2026. Pinnacle Financial Partners stock costs EUR 84.75 on October 20, 2026 at 6:37 p.m. CEST.

Analyst target and earnings

Truist lowered its target from USD 118.00 to USD 112.00 on October 9, 2026.
Pinnacle posted adjusted earnings per share of USD 2.50 for the second quarter of 2026.
Pinnacle Financial Partners stock costs EUR 84.75 at Lang & Schwarz on October 20, 2026 at 6:37 p.m. CEST.

PNFP, US72348N1090, Illustration mit AI erstellt.

Pinnacle Financial Partners (ISIN US72348N1090) is trading at EUR 84.75 at Lang & Schwarz on October 20, 2026 at 6:37 p.m. CEST. Truist analyst John McDonald lowered the firm's price target from USD 118.00 to USD 112.00 on October 9, 2026, while keeping a Buy rating, according to Markets Insider. The new target is 17.85 percent above the USD 95.04 NYSE price on October 20, 2026 at 12:42 p.m. ET.

Target cut meets solid earnings

The target reduction arrived ahead of Pinnacle's third-quarter reporting date, but the latest completed quarter showed earnings strength. MarketBeat reported adjusted earnings per share of USD 2.50 for the second quarter of 2026, beating the USD 2.46 consensus by USD 0.04. The same report put quarterly revenue at USD 1.24 billion, matching expectations.

Standardized financial statements show GAAP consolidated net income of USD 328.0 million for the second quarter ended June 30, 2026. Net interest income reached USD 956.0 million, while the provision for credit losses was USD 63.0 million. Total assets stood at USD 129.1 billion and deposits at USD 100.9 billion at the quarter-end date.

Stock position and banking peers

Pinnacle's USD 81.08 to USD 110.33 52-week range places the current NYSE price USD 13.96 above the low and USD 15.29 below the high. The stock's price-to-earnings ratio was 11.71, with a 2.00 percent dividend yield, on October 20, 2026. The company operates in the financials sector and banking industry, according to its listing profile at 6ix.

What comes next for earnings?

The next substantiated corporate date is the third-quarter 2026 earnings call on October 22, 2026, listed by 6ix. That event gives investors a near-term test of whether the second-quarter adjusted earnings performance can support the lower USD 112.00 target.

Comparison with peers

Pinnacle Financial Partners: 11.71 price-to-earnings ratio, USD 14.4 billion market capitalization. Truist Financial Corporation (NYSE, USD): 2.01 percent daily gain, 12.18 price-to-earnings ratio, USD 57.7 billion market capitalization. First Horizon Corporation (NYSE, USD): 1.19 percent daily gain, 16.55 price-to-earnings ratio, USD 10.9 billion market capitalization.

Euro quote remains the reference

Pinnacle Financial Partners was trading at EUR 84.75 at Lang & Schwarz on October 20, 2026 at 6:37 p.m. CEST. On the NYSE, the stock was at USD 95.04 on October 20, 2026 at 12:42 p.m. ET.

The further course of trading is shown by the continuously updated real-time quote of Pinnacle Financial Partners stock.