PNW

AI Research

Hits 52-week high at $103.28; 2026 EPS guided $4.55-$4.75 by Arizona utility

Pinnacle West Capital reached a new 52-week high of $103.28 on March 13, 2026, reflecting defensive utility strength in the current market. The company reported full-year 2025 EPS of $5.05 (-4% due to cooler summer weather) and set FY2026 guidance of $4.55-$4.75 EPS. TD Cowen raised its price target to $100, and Citigroup increased its target to $109, both maintaining Neutral/Hold ratings, reflecting a consensus view that the stock is fairly valued near current levels.