Pinnacle West stock holds at USD 93.31 after earnings miss

Published on 09/23/2026 at 13:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pinnacle West stock opened at USD 93.05 on September 23, 2026, with a USD 104.23 consensus target. Quarterly EPS missed by USD 0.03.

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Pinnacle West stock (ISIN US7234841010) closed at USD 93.31 on the NYSE on September 22, 2026, down 0.9 percent from the previous close. On September 23, 2026, shares opened at USD 93.05, while the latest reported quarter produced EPS of USD 1.43 and revenue of USD 1.46 billion.

Quarterly earnings missed estimates

According to MarketBeat on September 23, 2026, Pinnacle West reported quarterly EPS of USD 1.43 against consensus of USD 1.46. The USD 0.03 shortfall contrasts with revenue of USD 1.46 billion, which was 7.1 percent higher than the prior-year quarter and above the USD 1.40 billion consensus estimate.

The earnings mix therefore remains uneven: revenue growth exceeded expectations, while EPS declined from USD 1.58 in the same quarter last year. Pinnacle West's fiscal-year 2026 EPS guidance stands at USD 4.55 to USD 4.75, and analysts forecast full-year EPS of USD 4.71, according to MarketBeat.

Consensus stays cautious

MarketBeat reported on September 23, 2026, that fourteen research firms assigned Pinnacle West a consensus rating of Hold. Eleven analysts recommended holding the shares and three recommended buying them, while the average 12-month price target was USD 104.23.

The target stands USD 10.92 above the September 22 closing price, a difference of 11.7 percent calculated from the quoted values. That gap does not represent a recommendation, but it shows that the consensus valuation remains above the latest market price even after the quarterly EPS miss.

Stock remains below yearly high

Pinnacle West traded between USD 93.01 and USD 94.31 on September 22, 2026, with volume of 49,046 shares. The close was USD 17.60 below the 52-week high of USD 110.91 and USD 7.38 above the 52-week low of USD 85.93.

The market data also placed Pinnacle West's market capitalization at USD 11.28 billion on September 23, 2026. The combination of a 7.1 percent revenue increase, a USD 0.03 EPS miss and a Hold consensus leaves earnings execution and the USD 4.55 to USD 4.75 guidance range as the central valuation reference points.