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Pinnacle West Capital (PNW, Electric Utilities) Stock Valuation & Fair Value Trading above its usual valuation

Pinnacle West Capital (PNW, Electric Utilities) trades at a blended P/E of 20.0, about 23% above its historical normal valuation, with a forward growth estimate of 11.0% and a PEG of 1.82. Analysts' one-year estimates have been hit 91% of the time. Priced at its historical normal P/E of 16.2 on the same blended earnings, the 2026-10-02 close of $95.92 corresponds to about $77.80 a share. This is a valuation reference, not a price target.

Blended P/E
20.0
Normal P/E
16.2
PEG
1.82
Fwd growth
11.0%
Div yield
3.8%
RSI (14)
60.1
Neutral
Technical context
  • Price $97.98 at the 2026-10-08 close, 3.7% above the 20-day average ($94.52) and 0.7% above the 50-day ($97.29).
  • RSI (14) at 60.1.
  • 52-week range $84.19 to $108.38: the price is 9.6% below the high and 16.4% above the low.

The Street vs SeerForecast

Wall Street's mean price target for PNW is $104.21 across 14 analysts, 6.4% above the current price. The average analyst rating is Hold. Our SeerForecast read of the same stock, formed without analyst targets: trading above its usual valuation. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been trading above its usual valuation since 2026-06-03.

Blended P/E and rating by weekBlended P/E moved from 20.5 to 20.0 between 2026-06-03 and 2026-10-02, against a normal P/E of 16.2, with 2 rating changes over 37 recorded weeks.2026-06-03: P/E 20.5, Trading above its usual valuation, recalculated for the week of 2026-06-032026-06-10: P/E 21.0, Trading above its usual valuation, recalculated for the week of 2026-06-102026-06-12: P/E 21.0, Trading above its usual valuation, recalculated for the week of 2026-06-142026-06-16: P/E 21.0, Trading above its usual valuation, recalculated for the week of 2026-06-162026-06-18: P/E 21.0, Trading above its usual valuation, recalculated for the week of 2026-06-212026-07-02: P/E 21.8, Trading above its usual valuation, recalculated for the week of 2026-07-022026-07-06: P/E 22.4, Trading above its usual valuation, recalculated for the week of 2026-07-062026-07-09: P/E 22.4, Trading above its usual valuation, recalculated for the week of 2026-07-092026-07-10: P/E 22.2, Trading above its usual valuation, recalculated for the week of 2026-07-122026-07-13: P/E 22.2, Trading above its usual valuation, recalculated for the week of 2026-07-132026-07-14: P/E 22.2, Trading above its usual valuation, recalculated for the week of 2026-07-142026-07-20: P/E 22.1, Trading above its usual valuation, recalculated for the week of 2026-07-202026-07-22: P/E 22.1, Trading above its usual valuation, recalculated for the week of 2026-07-222026-07-24: P/E 21.8, Trading above its usual valuation, recalculated for the week of 2026-07-252026-07-27: P/E 21.8, Trading above its usual valuation, recalculated for the week of 2026-07-272026-07-31: P/E 20.9, Trading above its usual valuation, recalculated for the week of 2026-07-312026-07-31: P/E 20.8, Trading above its usual valuation, recorded live 2026-08-032026-08-07: P/E 20.8, Trading above its usual valuation, recalculated for the week of 2026-08-072026-08-07: P/E 20.9, Trading above its usual valuation, recorded live 2026-08-102026-08-14: P/E 20.8, Trading above its usual valuation, recalculated for the week of 2026-08-142026-08-14: P/E 21.0, Trading above its usual valuation, recorded live 2026-08-172026-08-21: P/E 20.6, Trading above its usual valuation, recalculated for the week of 2026-08-212026-08-21: P/E 20.2, Trading above its usual valuation, recorded live 2026-08-242026-08-27: P/E 20.2, Trading above its usual valuation, recalculated for the week of 2026-08-272026-08-28: P/E 20.3, Trading above its usual valuation, recalculated for the week of 2026-08-282026-08-28: P/E 20.2, Trading above its usual valuation, recalculated for the week of 2026-08-302026-08-28: P/E 20.2, Trading above its usual valuation, recorded live 2026-08-312026-09-04: P/E 20.2, Trading above its usual valuation, recalculated for the week of 2026-09-052026-09-04: P/E 20.2, Trading above its usual valuation, recorded live 2026-09-072026-09-11: P/E 20.0, Trading above its usual valuation, recalculated for the week of 2026-09-122026-09-11: P/E 20.0, Trading above its usual valuation, recorded live 2026-09-142026-09-18: P/E 19.6, Trading above its usual valuation, recalculated for the week of 2026-09-192026-09-18: P/E 19.6, Trading above its usual valuation, recorded live 2026-09-212026-09-25: P/E 19.1, Mixed on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 19.1, Mixed on our tests, recorded live 2026-09-282026-10-02: P/E 20.0, Trading above its usual valuation, recalculated for the week of 2026-10-032026-10-02: P/E 20.0, Trading above its usual valuation, recorded live 2026-10-0518.020.022.0Jun 3Jul 3Aug 2Sep 2Oct 2Normal P/E 16.2
Mixed on our testsTrading above its usual valuation

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 20.5+27%Trading above its usual valuation (recalculated)
2026-07-06P/E 22.4+38%Trading above its usual valuation (recalculated)
2026-09-26P/E 19.1+18%Mixed on our tests (recalculated)
2026-10-03P/E 20.0+23%Trading above its usual valuation (recalculated)
2026-10-05P/E 20.0+23%Trading above its usual valuation ← now
Show all 37 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 20.5+27%Trading above its usual valuation (recalculated)
2026-06-10P/E 21.0+30%Trading above its usual valuation (recalculated)
2026-06-14P/E 21.0+30%Trading above its usual valuation (recalculated)
2026-06-16P/E 21.0+30%Trading above its usual valuation (recalculated)
2026-06-21P/E 21.0+30%Trading above its usual valuation (recalculated)
2026-07-02P/E 21.8+34%Trading above its usual valuation (recalculated)
2026-07-06P/E 22.4+38%Trading above its usual valuation (recalculated)
2026-07-09P/E 22.4+38%Trading above its usual valuation (recalculated)
2026-07-12P/E 22.2+37%Trading above its usual valuation (recalculated)
2026-07-13P/E 22.2+37%Trading above its usual valuation (recalculated)
2026-07-14P/E 22.2+37%Trading above its usual valuation (recalculated)
2026-07-20P/E 22.1+36%Trading above its usual valuation (recalculated)
2026-07-22P/E 22.1+36%Trading above its usual valuation (recalculated)
2026-07-25P/E 21.8+35%Trading above its usual valuation (recalculated)
2026-07-27P/E 21.8+35%Trading above its usual valuation (recalculated)
2026-07-31P/E 20.9+29%Trading above its usual valuation (recalculated)
2026-08-03P/E 20.8+28%Trading above its usual valuation
2026-08-07P/E 20.8+28%Trading above its usual valuation (recalculated)
2026-08-10P/E 20.9+29%Trading above its usual valuation
2026-08-14P/E 20.8+28%Trading above its usual valuation (recalculated)
2026-08-17P/E 21.0+29%Trading above its usual valuation
2026-08-21P/E 20.6+27%Trading above its usual valuation (recalculated)
2026-08-24P/E 20.2+24%Trading above its usual valuation
2026-08-27P/E 20.2+24%Trading above its usual valuation (recalculated)
2026-08-28P/E 20.3+25%Trading above its usual valuation (recalculated)
2026-08-30P/E 20.2+25%Trading above its usual valuation (recalculated)
2026-08-31P/E 20.2+25%Trading above its usual valuation
2026-09-05P/E 20.2+25%Trading above its usual valuation (recalculated)
2026-09-07P/E 20.2+25%Trading above its usual valuation
2026-09-12P/E 20.0+23%Trading above its usual valuation (recalculated)
2026-09-14P/E 20.0+23%Trading above its usual valuation
2026-09-19P/E 19.6+21%Trading above its usual valuation (recalculated)
2026-09-21P/E 19.6+21%Trading above its usual valuation
2026-09-26P/E 19.1+18%Mixed on our tests (recalculated)
2026-09-28P/E 19.1+18%Mixed on our tests
2026-10-03P/E 20.0+23%Trading above its usual valuation (recalculated)
2026-10-05P/E 20.0+23%Trading above its usual valuation ← now

Frequently asked questions

Is Pinnacle West Capital stock overvalued?

At a blended P/E of 20.0 versus its historical normal P/E of 16.2, Pinnacle West Capital trades about 23% above its typical valuation, with a PEG of 1.82 on 11.0% forward growth. tickerseer currently rates it trading above its usual valuation.

What is Pinnacle West Capital's fair value and PEG?

Pinnacle West Capital trades at a blended P/E of 20.0 against a historical normal P/E of 16.2, a PEG of 1.82, and a forward growth estimate of 11.0%. Priced at its historical normal P/E of 16.2 on the same blended earnings, the 2026-10-02 close of $95.92 corresponds to about $77.80 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Pinnacle West Capital changed?

tickerseer's rating has been trading above its usual valuation since 2026-06-03.

What is the analyst price target for Pinnacle West Capital?

The mean Wall Street price target for Pinnacle West Capital is $104.21 across 14 analysts, 6.4% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Electric Utilities. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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