Pinnacle West Capital Reports Q3 2025 Net Income

Pinnacle West Capital ( (PNW) ) has issued an announcement.

Pinnacle West Capital Corp. reported a net income of $413.2 million for the third quarter of 2025, driven by increased customer growth and usage, despite a 2.4% decrease in earnings over the first nine months compared to 2024. The company plans to invest over $2.5 billion annually through 2028 in infrastructure, including a new natural gas power plant, to meet Arizona’s growing energy demands. Additionally, Pinnacle West is expanding community support efforts with an additional $3 million in shareholder funds for utility bill assistance and other support programs.

The most recent analyst rating on (PNW) stock is a Hold with a $96.00 price target. To see the full list of analyst forecasts on Pinnacle West Capital stock, see the PNW Stock Forecast page.

Spark’s Take on PNW Stock

According to Spark, TipRanks’ AI Analyst, PNW is a Neutral.

Pinnacle West Capital’s overall score reflects solid financial performance with stable profitability and revenue growth, despite cost pressures and increased leverage. Technical indicators suggest potential for a reversal, while valuation metrics show fair pricing with an attractive dividend yield. The earnings call provided positive guidance and highlighted strong operational achievements, supporting the company’s long-term growth prospects.

To see Spark’s full report on PNW stock, click here.

More about Pinnacle West Capital

Pinnacle West Capital Corp. is an energy holding company that operates in the utility industry, primarily providing electric services. The company focuses on maintaining reliable electric service for its 1.4 million customers in Arizona, supported by a diverse generation fleet including baseload generating plants like Palo Verde and Four Corners.

Average Trading Volume: 1,073,593

Technical Sentiment Signal: Buy

Current Market Cap: $10.57B

See more insights into PNW stock on TipRanks’ Stock Analysis page.